Varanasi: Maharajganj police in Azamgarh district arrested two youths on Wednesday for selling tractor-trolleys after hiring them from their owners. They divulged they had borrowed and lost huge amounts in online gaming and to clear the debt, indulged in this practice. Police recovered three trolleys sold by them.Azamgarh ASP (rural) Chirag Jain on Wednesday evening…
Nigeria’s successful negotiation of about $30 billion in Paris Club debt relief was made possible not only by difficult economic reforms but also by a deliberate effort to explain those policies to Nigerians in clear, simple language, Director-General of the World Trade Organisation, Ngozi Okonjo-Iweala, has said. Speaking in Abuja at the public presentation of…
Xerox Taps Tariffs Refund Claim to Help Address Looming Debt Bloomberg.com Read the original article here
The Director-General of the World Trade Organisation (WTO), Ngozi Okonjo-Iweala, on Wednesday reflected on Nigeria’s economic reform programme under former President Olusegun Obasanjo, saying public understanding and support were indispensable to the reforms that culminated in the country’s landmark debt deal. Mrs Okonjo-Iweala spoke in Abuja at the public presentation of a book titled ‘The…
COLOMBO (July 30): Sri Lanka is in talks with advisory firm Lazard to help with a potential debt buyback as it seeks to improve debt sustainability following its recent restructuring, the country’s director of public debt said. Udeni Udugahapattuwa, director general of Sri Lanka’s Public Debt Management Office (PDMO), told a parliamentary committee last week…
Brazil’s sports betting industry has submitted a report to the government disputing research that associates betting with higher household debt and default rates. Commissioned by the National Association of Games and Lotteries, the document identifies methodological and statistical problems in a study by the National Trade Confederation. The ANJL’s main criticism concerns the CNC’s comparison…
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According to Okonjo-Iweala, Nigeria faced significant scepticism during the negotiations, with many creditor nations initially reluctant to grant debt relief. However, the government remained committed to implementing reforms that demonstrated its ability to manage public finances responsibly and sustain economic growth. A Landmark Economic Achievement The Paris Club agreement resulted in the cancellation of approximately…
STAFFORD, Texas, July 30, 2026 (GLOBE NEWSWIRE) — New mid-year data from nonprofit Money Management International (MMI) shows that financial stress among American households continued to deepen in the first half of 2026, with counseling volume rising 9.5% year over year and average unsecured debt among new clients climbing to nearly $40,000. The findings, drawn…
Debtkart Launches Mobile App to Make Debt Resolution and Borrower Support More Accessible Across India The Tribune Read the original article here