The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US At 18, Martín Taborda began studying law at Argentina’s prestigious University of Buenos Aires, hoping to become the first…
Kim Eun-kyung (right), chairwoman of the Credit Counseling and Recovery Service, and Lee Kang-cheon, president of the Korea Association of Certified Judicial Scriveners, pose for a photo on the 8th after signing a memorandum of understanding on a cooperative framework to support users of debt restructuring programs at the association’s headquarters in Seocho-gu, Seoul. Credit…
Financial regulators moved to widen the range of delinquent loans eligible for purchase by the New Leap Fund on the view that borrowers who tried to repay should not be penalized under policy support programs. But the financial industry has voiced considerable concern as the scope of debt forgiveness keeps expanding. Giving a fresh start…
Advertisements for credit card loans are plastered around Myeong-dong in Seoul’s Jung District. News1 More than 15% of borrowers whose delinquency records were erased under a government credit amnesty last year have fallen behind on payments again. Because governments elsewhere rarely set up separate funds to write off individual debts, analysts say financial companies should…
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GETTING out of debt is about more than finding enough money to make the next payment. For borrowers juggling credit cards, personal loans and other obligations, getting out may mean restructuring existing debt, consolidating balances or changing the order in which debts are repaid. But choosing the wrong solution could leave borrowers paying more or…
In 2023, SNRas Systems, a social enterprise, came to Villgro, a support organisation for social enterprises, with a problem that had nothing to do with their business model. They had 19 patents in aquaculture technology, contracts with retail chains, and a clear path to scale. What they lacked was INR 50 lakh in working capital…
BUENOS AIRES, Argentina (AP) – At 18, Martín Taborda began studying law at Argentina’s prestigious University of Buenos Aires, hoping to become the first in his family to graduate. Just two years later, that dream has slipped out of reach. Unemployed and $1,300 in debt, he can no longer afford the bus fare from his…
Sep 9, 2026 Treasury Secretary Scott Bessent said Tuesday that the United States could reduce its debt burden through sustained economic growth of 3% annually. Speaking at a Q&A event at SMU Cox School of Business in Dallas, Bessent argued that the country does not face a revenue shortfall but rather an issue of excessive…
In a recent Money Metals Podcast interview, host Mike Maharrey spoke with Brien Lundin, editor of The Gold Newsletter and CEO of the New Orleans Investment Conference, about the outlook for gold and silver amid swelling federal debt, rising Treasury yields, Federal Reserve policy, and what Lundin views as the return of the “debasement trade.” Lundin said the…