The United Nations World Food Programme (WFP) announced on Wednesday (8 November) the biggest debt-for-development swap in its history, involving Russia and Mozambique. An innovative debt-swap initiative between the two countries has unlocked a commitment of US$40 million, which will be used by the United Nations World Food Programme (WFP) to support the government of…
The United Nations World Food Programme (WFP) announced on Wednesday (8 November) the biggest debt-for-development swap in its history, involving Russia and Mozambique. An innovative debt-swap initiative between the two countries has unlocked a commitment of US$40 million, which will be used by the United Nations World Food Programme (WFP) to support the government of…
Briana Casale normally looks forward to Christmas. This year, shes dreading it. Casale, a 21-year-old teaching assistant in Cranston, Rhode Island who graduated in May, will see her six-month grace period on her student loans end with the arrival of the holidays. That means a harsh dose of financial reality for the Simmons College graduate,…
The micro-savings app previously only enabled users to add lazy cash to their superannuation. Micro-savings app Carrott now enables users to add their spare change, known as lazy cash, to contribute to their FEE-HELP debt or mortgage. The app initially only allowed users to add their spare change to their superannuation when it launched in…
ELSS schemes also enjoy the benefit of coming under EEE or Exempt, Exempt, Exempt (EEE) category. Indian stocks have rallied sharply in the past few years, boosting the returns from Equity Linked Savings Scheme or ELSS, a tax-saving mutual fund. According to Valueresearchonline.com, equity linked savings scheme as a category has given 25 per cent…
Washington (AFP) – US sanctions against Venezuela have accelerated the already catastrophic decline of the oil-rich nation’s economy, and is pushing it to a debt default that economists say could happen as early as this week. US sanctions help push Venezuela to default The aim of the latest US action against Caracas is to choke…
November 07, 2017 TECHNOLOGY Apple sells $7 billion in bonds Apple Inc., looking to fund stock buybacks and dividends, sold $7 billion of bonds even as proposed new tax laws may leave it awash in cash it previously couldnt use. The iPhone maker on Monday sold notes in six parts. Apple has…
By MarEx 2017-11-06 19:13:32 Kristin Weyanathabaln, a fisherman in northern Sri Lanka has managed to free himself from of bonded labor. I am now free from debt, the 48-year-old fisherman says. Weyanathabaln had only started fishing in 2010, one year after the end of Sri Lankas civil war that…
Broadcom has made a $105B bid to buy fellow chipmaker and Apple supplier Qualcomm. When $25B of net debt is factored in, the deal is effectively worth $130B. If the bid succeeded, it would not only be the biggest tech acquisition in history, but might also help resolve the long-running dispute between Qualcomm and Apple…
Mumbai: A giddy Sailesh and Anjana exchanged vows at St Jude Church in Malad on October 29, eight years after they had met and fallen in love, surrounded by strangers they had just met but who were giving their all to help the young couple have their dream wedding. Sailesh, 28, an office-bearer and Anjana,…