Similar to the popular South Korean TV series Squid Game, fraudsters in China are eyeing people who are struggling financially amid a slumping economy by promising prize money, debt restructuring, and unusual schemes. However, Chinese players are taking “self-discipline” challenges to not risk their lives, unlike the series Squid Game, which is set to return…
On Christmas Eve, Pope Francis appeals for courage to better the world Jubilee year expected to bring 32 million tourists to Rome ‘Holy Door’ is only open in Jubilee years Pope calls for cancellation of some of developing world’s debt VATICAN CITY, Dec 25 — Pope Francis said the story of Jesus’ birth as a…
Supportive fiscal acts to serve as crucial pillar to sustain robust recovery amid headwinds both at home and abroad BEIJING — Just as a single decisive move can energize a chess game, China’s latest initiative to address local government debt risks marks a crucial step in revitalizing the growth prospects of the world’s second-largest economy.…
Countries with lower credit ratings are increasingly utilizing debt-for-nature swaps to manage their financial liabilities while supporting environmental conservation initiatives. This trend is gaining traction with the backing of multilateral development banks and an expanding pool of diverse investors, according to Latin Finance. Joan Prats, a principal financial specialist at the Inter-American Development Bank (IDB),…
What student loan borrowers should know before Biden’s term ends Axios Read the original article here
Shohei Ohtani was the story of the 2024 MLB offseason. How could it be anything else? Ohtani, a two-way sensation, hit free agency after putting up MVP-worthy numbers as a hitter and Cy Young-caliber numbers as a pitcher. After weeks of rumors and rumblings, Ohtani’s next destination was finally decided. After spending six years with the Angels,…
There are ways to cut out the holiday credit card debt you’ve been racking up, experts say. Getty Images Holiday credit card bills hit differently for many this year. With record-high credit card interest rates and compounding interest charges, holiday shopping expenses often snowball into overwhelming balances. When you account for gifts, gatherings and family…
This holiday season, 36% of Americans took on debt, with average balances of $1,181, according to LendingTree. Less than half of the people who took on debt expected to do so. To pay down those balances as quickly as possible, these expert tips can help. Many Americans are capping off the holidays with new debt…
In the past two years, at least five Michigan counties have worked with a non-profit to help erase some residents’ medical debt. The counties partner with the group Undue Medical Debt. They subsidize that group’s work in buying up medical debt at a fraction of the initial cost, forgiving it, and notifying residents that they’ve…
Elderly student loan borrowers owe $121 billion. They ask Biden for relief. The Washington Post Read the original article here