A Vatican-appointed commission that includes three BU scholars has recommended that rich nations give relief to debt-laden poor ones in 2025, declared a Jubilee Year by the Catholic Church. Photo via Unsplash/Victor Malyushev Global Debt Relief Debt-strapped developing nations need help, says Jubilee Year report, backed by Pope Leo XIV Developing countries, staggering under $29…
Sri Lanka Gambling Regulatory Authority should be structured more like SEC: Advocata EconomyNext Read the original article here
IMPORTANT INFORMATION The opinions expressed are those of the author(s) are as of the date indicated and may change based on market and other conditions. The accuracy of the content and its relevance to your client’s particular circumstances is not guaranteed. This market commentary has been prepared for general informational purposes by the team, who are part of Macquarie Asset Management…
Back in May, the Labor government spruiked some big changes to the way higher education debts were indexed. It came amid much fanfare about cost-of-living relief from the government ahead of the federal budget. But despite being announced six months ago, the changes still haven’t been legislated yet. There’s been no indication it won’t become…
Protesters demand debt cancellation, climate action ahead of UN summit Global Banking | Finance | Review Read the original article here
SEVILLE, Spain – Activists marched in blistering heat through southern Spain’s Seville on Sunday, calling for debt cancellation, climate justice and taxing the super rich on the eve of a UN summit on financing development that critics say lacks ambition and scope. The four-day meeting – held once every decade – promises to take on…
Sen. Roger Marshall (R-Kan.) said Sunday that he believes President Trump’s “big, beautiful bill” is going to “help shrink the debt.” “I actually think this bill will help shrink the debt. I think it’s going to grow the economy so much, just like it did under President Kennedy, President Reagan, President Clinton, and then again,…
The Jubilee Report comes just over a week before the world gathers to discuss financing for development in Sevilla, Spain. By Elissa Miolene // 24 June 2025 Today, the world’s governments are more indebted than ever before — and the international financial system, from multilateral institutions to creditor groups to rating agencies, is only reinforcing…
Dallas woman wants to buy an RV to live in with her husband, toddler and 2 dogs — but with only $2.5K in savings and $40K in debt, The Ramsey Show hosts have serious concerns about her plan Moneywise Read the original article here
The Vatican has endorsed a report calling for reforms to alleviate the global debt crisis affecting billions of people in developing countries. SIGN UP FOR OUR NEWSLETTER HERE The document, titled “The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy,” was…