Africa’s aid shock leaves governments choosing between debt and development – IMF

African governments are being forced to choose between protecting development gains and preserving fiscal stability after official development assistance to sub-Saharan Africa fell sharply in 2025, leaving many countries with few financing alternatives, according to the International Monetary Fund (IMF).   In its latest Regional Economic Outlook for Sub-Saharan Africa, the IMF said bilateral aid…

As More Than 100 Million Americans Face Medical Debt, Relief Launches New Resources for Consumers Managing Debt in Collections

New in-app tools help consumers better understand past-due debt, organize account information, review available options, monitor collection activity, and take action after unexpected financial hardship Relief App Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge… Read the original article…

As More Than 100 Million Americans Face Medical Debt,

MIAMI, June 26, 2026 (GLOBE NEWSWIRE) — Relief, a self-service technology platform for consumers managing past-due debt and accounts in collections, today announced new in-app resources designed to help people better understand their options when debt becomes overwhelming. The resources are built for consumers who have fallen behind because of real-life financial pressure, including medical…

South Korea Now Includes Cryptocurrency in Debt Relief Assessments

Key Highlights Cryptocurrency balances now included in debt relief asset evaluations. Applicants must provide certified statements of exchange-held digital assets. Relief amounts adjusted based on individual repayment capability. KAMCO implements ongoing surveillance for fraudulent asset disclosures. Enhanced verification covers digital currencies, private equity, and asset movements. South Korean authorities have expanded asset evaluation criteria for…

Starting July, hundreds of Californians will get letters informing them that their medical debt has been erased; thanks to millions of donation from billionaire CEO of …

Miranda Kerr and Evan Spiegel Hundreds of thousands of Californians will soon be receiving ‘life-changing news’ in their mailboxes. Starting in mid-July, mail carriers will reportedly begin delivering official letters to over 261,000 residents informing them that their medical debts have been completely paid off and abolished. This massive financial relief comes courtesy of a…