Fitch Ratings indicates that the Thai government’s recent debt relief proposals are unlikely to significantly impact the credit metrics of Thai banks in 2025 due to the initiative’s limited scope. While the debt relief scheme might aid borrowers with debts up to THB 890 billion (around USD 26 billion), most of these debts are already…
(Dec 19): President-elect Donald Trump said Congress should get rid of the debt ceiling, NBC News reports citing a phone interview with him on Thursday. Getting rid of the debt ceiling entirely would be the “smartest thing [Congress] could do. I would support that entirely,” Trump said according to NBC News. Uploaded by Siow Chen Ming…
This photo taken on June 19, 2024 shows the Shenzhen-Zhongshan Link in south China’s Guangdong Province. (Xinhua/Liu Dawei) by Xinhua writer Wang Yaguang BEIJING, Dec. 20 (Xinhua) — 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…
The Somali Embassy in Washington, D.C., hired the services of the political lobbying firm BGR Group last month, just weeks after the Biden administration forgave the war-torn nation’s billion dollar plus debt. “This $1.1 billion in debt relief is in addition to the $1.2 billion of development, economic, security, and humanitarian assistance the United States…
ST. LOUIS, Mo. (First Alert 4) – The St. Louis Blues have partnered with Verizon and ForgiveCO for a $1 million debt relief program for veterans. From Thanksgiving through Christmas, the initiative will eliminate $250,000 in veteran debt weekly. “Blues fans always demonstrate strong support for the serviceman and women who live among them here…
Hakeem Jeffries not in a mood to help Mike Johnson get his ox out of the ditch, but he may have a price for doing so. Photo: Tom Williams/CQ-Roll Call/Getty Images As recently as the morning of December 18, Democrats in Congress and in the Biden administration were reasonably satisfied with a stopgap spending agreement…
Pacific Debt Relief is only available in Alabama, Alaska, Arizona, Arkansas, California, Colorado, the District of Columbia, Florida, Idaho, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Mexico, New York, Oklahoma, Pennsylvania, South Dakota, Texas, Utah, Virginia, and Wisconsin. Read the original article here
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President expresses gratitude to China for debt restructuring support and economic assistance The Island.lk Read the original article here
MacKenzie Scott continues to make medical debt relief a priority in her mysterious giving. This week, Undue Medical Debt, formerly RIP Medical Debt, announced it had received a rare third gift — $50 million — from the billionaire philanthropist, signaling her satisfaction with the group’s efforts to purchase medical debt in bulk from hospitals and…