People take part in a march demanding a UN-led framework for sovereign debt resolution, on the eve of the 4th International Conference on Financing for Development, in Seville, Spain, June 29, 2025. REUTERS/Claudia Greco Braving the sweltering heat, activists marched through Seville in southern Spain on Sunday, demanding debt cancellation, climate justice, and higher taxes…
STAFFORD, Texas, June 26, 2025 (GLOBE NEWSWIRE) — With more Americans overwhelmed by debt and falling behind on payments, Money Management International (MMI) is stepping up with a new solution. The national nonprofit today announced the launch of its Debt Resolution Plan (DRP), a structured option designed for clients who need help but who owe…
(June 30): Thailand’s household debt level fell to the lowest since early 2020 after lenders tightened new loan approvals and government unveiled measures to provide relief to millions of borrowers. The debt level as a ratio of gross domestic product stood at 87.4% in the first quarter, down from 88.4% at the end of last…
As leaders row over process, debt relief is back on the agenda EUobserver Read the original article here
More than two decades after the Heavily Indebted Poor Countries initiative wrote off over $100bn [€85bn] in developing country sovereign debt, the issue of debt and debt relief are back on the agenda. Despite major cuts to development aid budgets in the US and Europe making headlines, it is debt policy that has been the main…
Australians face rising credit card debt after festive overspending; experts suggest debt consolidation loans to regain financial control. Thousands of Australians who had planned to cut back on their spending over the summer due to the ongoing cost-of-living crisis have found themselves overspending during the festive season, leaving their finances in disarray. According to brokerage…
AST SpaceMobile, Inc. ASTS has retired $225 million aggregate principal amount of the 2032 convertible notes to reduce its debt burden and cash interest obligations. This represents approximately half of the 2032 convertible notes, with an aggregate principal amount of about $235 million remaining outstanding. In addition to strengthening the balance sheet, the strategic move…
The Gauteng provincial government is involved in discussions with National Treasury about the payment terms of its R15.9 billion e-toll debt. However, Gauteng MEC of Finance and Economic Development Lebogang Maile stressed on Sunday that the province is committed to sticking to the current Memorandum of Agreement (MoA) arrangements to pay the province’s 30% share…
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