A debt-for-development swap operation is enabling Côte d’Ivoire to replace expensive debt with cheaper financing, improving the country’s debt profile and generating significant fiscal savings—most being directed to the country’s education sector. The operation is the first of its kind supported by the World Bank Group. Learn how this innovative transaction is helping…
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No matter which way you look at the numbers, they tell the same story: in the Global South – the name now given to the developing world – Pakistan is one of the most heavily indebted countries. Let me start by looking at some numbers for Pakistan. As of June 2023, Pakistan’s total public debt…
Details of the Case Chen’s wife, Zhuojun “Sally” Li, had disappeared from their home in Greenacre, Sydney, last month. Her body was discovered last Monday. It was found partially buried and wrapped in plastic. A jogger found the body, and a search for Chen began. On Tuesday, Chen’s body was found in a creek about…
Former UFC champion Chris Weidman gave one of his friends a unique ultimatum over a $5,000 gambling debt. Chris Weidman won’t back down from an eventual return to the UFC Octagon, despite recent calls for him to retire after a loss at UFC 310. It’s nothing new for the 40-year-old Weidman after several rocky performances…
The United States election was one of the most defining events in the crypto space in 2024. Specifically, the reelection of Donald Trump revived Bitcoin and the entire crypto market after an uninspiring second and third quarter. One of the promises made by President-elect Trump in the run-up to the polls was the institution of…
Student-debt cancellation coming for public servants, Biden administration says MSN Read the original article here
Alrena Dale, 61, got $155,000 in student loans discharged through bankruptcy. Biden’s new bankruptcy guidance, aimed at easing the process for borrowers, made that possible. Some attorneys told BI that the new guidance is a big help, but more outreach would be helpful. Alrena Dale, 61, had her six-figure student-loan balance wiped out after decades…
Sri Lanka setting up public debt management office EconomyNext Read the original article here
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? Let us know! This past year, lawmakers in the tri-state area were focused on expanding access to maternal health support, strengthening consumer protections against medical debt, boosting access to mental health in schools and more. Here…