China’s central bank has unveiled a credit-rehabilitation policy to help individuals who defaulted on small loans rebuild their financial standing – part of a broader push to bolster the economy and repair household balance sheets. The People’s Bank of China said the measure targets borrowers with a single instance of overdue debt incurred between 2020…
“From Debt Relief to Data Centres: Decoding the Big Gains of India’s Ethiopia Outreach”, India Narrative, december 18, 2025 “Indian Prime Minister Narendra Modi’s visit to Ethiopia marked a qualitative jump in the relationship, upgrading it to a “Strategic Partnership” and tying together trade, security, technology, and people-centric development. The outcomes listed by both governments…
ASTANA, Kazakhstan, December 22. Kazakhstan has established a State Debt Management Council, Trend reports, citing the country’s Ministry of Finance. The Council was created through a collaboration between the Ministry of Finance, the National Bank, and the Ministry of National Economy of Kazakhstan. The decision to establish the Council is part of the implementation of…
POLICE arrested a 33-year-old man after he allegedly stole a mobile phone from his intoxicated friend who was sleeping along Gorordo Ave. in Barangay Kamputhaw on Saturday, Dec. 20, 2025. The suspect was identified as Emmanuel Tojeno, unemployed and a resident of Barangay Lahug. According to the Abellana Police Station, the victim, identified only as…
The Australian Securities and Investments Commission (ASIC) has obtained interim orders and injunctions against Debts Knockout, which provided financial services through Debt Wipeout, for making false or misleading representations. Debt Wipeout advertised on billboards, shop-a-dockets, websites, social media and in person with claims it could “extinguish” consumer debt for an up-front payment of 15%-25% of…
ATLANTA – Members of Spirit and Truth Church celebrated the holiday season during Sunday services by announcing a major financial commitment to families in need. What we know: Church leaders revealed the congregation is providing $1 million in medical debt relief, an effort timed as Affordable Care Act subsidies are set to expire for millions…
Key Takeaways Credit and debit card spending by household was up 2.4% in October, the strongest annual growth since early 2024, according to Bank of America’s 2025 Consumer Checkpoint report. If you’re feeling pressured to spend more this holiday season, consider strategies and tools like debt consolidation, balance transfers, and budgeting apps before taking on…
Opposition Leader Sajith Premadasa has fully endorsed the appeal by international economists urging substantial debt relief for Sri Lanka in the wake of Cyclone Ditwah. “I hope President Anura Kumara Dissanayake and his administration have the courage, wisdom, and capability to achieve these objectives,” Premadasa said in a post on ‘X’. His remarks come after…
China to scrub small overdue debts from credit records to help spur lending Reuters Read the original article here
Copy and paste this HTML code into your webpage to embed. Business, News December 21st, 2025 With only a few days left to shop, many people are racing to check off those gift lists. But as NTV’s Beth Penney tells us, one debt solution expert is reminding residents not to go in the red this…