2025 year of sustainable, inclusive debt action Public debt is rising faster than ever. In 32 Commonwealth countries, debt exceeds 60 per cent of national income, meaning a significant share of the economy is tied to liabilities and debt service costs are sizable. Meanwhile, climate change is driving up borrowing costs. Inevitably, people bear the…
Opening Remarks by the IMF First Deputy Managing Director Gita Gopinath Conference on “Sri Lanka’s Road to Recovery: Debt and Governance” Shangri-La Hotel Colombo Excellencies, distinguished guests, colleagues, and friends, It is a great honor to join you today for this important conference which takes place at a critical juncture in Sri Lanka’s economic journey.…
Plenty of Australians may have a little extra in their paycheck soon thanks to the federal government’s HECS debt reduction plan. The Labor government made a promise to slash student debt by 20 per cent if elected last month and the “game-changing” cut is expected to be legislated when parliament returns on July 22. This…
Image: Debt Justice A groundbreaking new report by world-leading economists calls for urgent action and systemic reforms to tackle the escalating debt and development crises affecting billions worldwide. ‘The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy,’ is launched today (Friday…
The distressed debt funds that feasted on Carlyle’s Bis Industries are once again smacking their lips as a new refinancing candidate –toxic waste storage company Tellus Holdings – lands on the dealmaking circuit. Street Talk understands Tellus, which drew Hong Kong credit fund Tor Investment Management into its debt stack as part of a 2021…
Vatican calls for debt forgiveness for poor nations The EastAfrican Read the original article here
Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs International Monetary Fund (IMF) Read the original article here
Financial support & advice from the Chemists’ Community Fund The Royal Society of Chemistry Read the original article here
Debt Consolidation in 2025 is still worth considering for many Australians dealing with high-interest debts if done the right way. What Is Debt Consolidation in 2025? Debt consolidation is a smart strategy where you combine multiple debts like credit cards, personal loans, or BNPL into a single loan with one interest rate and a single…
Drake loses $8M exposing problem with celebrities promoting gambling ReadWrite Read the original article here