Carbon War Room (CWR) and UMAS have released research that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt. With the onset of climate policies as soon as 2023, there will be a need for significant capital investment to keep vessels competitive. Navigating Decarbonisation: An approach to…
The word inflation is offensive to many people. In fact, the thought of increasing inflation produces negative connotations because we know that each year, because of inflation, we end up paying more for everything. But here’s the thing While inflation is the enemy of the average Australian, especially for those with savings which get slowly…
The recently appointed chief of China’s top banking regulator reiterated on Thursday that the market-oriented debt-to-equity swap initiative can “greatly help reduce leverage.” The implementation of the swaps will be guided by markets and the law, and there will be no State orders or official targets for the volumes, said Guo Shuqing, chairman of the…
Cut your credit card costs with a 0% balance transfer credit card with a low annual fee. Do you want to get your credit card debts in control while avoiding interest and fees? A 0% balance transfer credit card can be a smart way to consolidate and repay your debts without clocking up interest for…
by Sam Henderson You can use a transition income stream to help cover the costs of chronic health problems, writes Sam Henderson, who answers your questions on superannuation. Q: I have a transition to retirement (TTR) pension being paid to me from funds accumulated in the last 25 years. Are there restrictions on asking the…
Kelly Parsons, News Journal correspondent Published 1:36 p.m. CT March 1, 2017 | Updated 22 minutes ago Buy Photo High school juniors Josh Williams, left, to right, Samir Boussarhane, and Falen McClellan created the Pensacola Debt Sharks for their International Baccalaureate community development project at Pensacola High School. The goal of the Debt Sharks is…
Donald Trump appears on track to blow out the US budget deficit and debt, in a Reagan-like fiscal loosening that could drive up global interest rates higher than anticipated. Not that stock investors seem to care. The Dow Jones Industrial Average burst through a record 21,000 points Wednesday in New York (Thursday AEDT) following Trump’s toned…
If youve ever promised to pay off your credit card debt when you have more money, nows your chance. The Internal Revenue Service estimates that 70% of taxpayers will get refunds this year. Last year, the average refund was $2,860, according to the IRS. If youre in the red, using the bulk of your tax…
Finland’s farmers are plagued by poor profitability. Image: Ismo Pekkarinen / AOP Following a protest “tractor march” by farmers in Helsinki last spring, the government provided 50 million euros in emergency aid to the agricultural sector. This is far from enough, say those working with a Farmers’ Social Insurance Institution (Mela) project aimed at helping…
WELFARE: Launceston Community Legal Centre welfare officer Emma Smith says her debt case load has doubled following the Centrelink debt fiasco. Picture: Chris Clarke The debt caseload at the Launceston Community Legal Centre has skyrocketed for its welfare officer due to the Centrelink fiasco. Nationally, people are receiving letters from Centrelink informing them they have outstanding…