Insolvency Guardian Media Centre
Jamaica: Student loan relief SLB announces debt reset initiative for students affected by Hurricane Melissa WINNFM 98.9
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As G20 leaders met in Johannesburg last month, they faced a grim reality: many developing-country governments are spending more than they can afford on debt service. To keep funds flowing to foreign creditors, policymakers have been forced to cut spending on education, healthcare, and infrastructure. These countries have so far avoided default, but at the expense of their own development.
The fact that governments across Africa, Asia, and Latin America must close hospitals and cancel school-lunch programmes to service their debt is not only a moral failure; it is also a strategic one. A world where countries cannot invest in sustainable growth and development will struggle to achieve stability, prosperity, and climate resilience.
Five…
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The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has issued an advisory to homebuyers after the National Company Law Tribunal (NCLT) admitted 14 real-estate developers with a total of 129 projects into the Corporate Insolvency Resolution Process (CIRP) during the period from January 2024 to now.
NCLT is now the only authority that can deal with these projects, so UP RERA has informed the allottees to submit their claims only through the appointed Insolvency Resolution Professionals (IRPs).
RERA jurisdictions suspended under IBC moratorium
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A commercial court has pronounced the judicial liquidation of French insect agriculture company Ÿnsect following a hearing held in early December, according to news reports. Founded in 2011, the company specialized in producing insect-based protein and fertilizer from mealworms.
The French commercial court acknowledged that “the company did not succeed in raising the necessary funds within the deadlines to finance its continuation plan, despite the strength of its technology portfolio and its new operational model,” the company’s management said in a statement.
Ÿnsect had requested judicial safeguard proceedings in September 2024 after finding itself unable to pay its debts and declaring insolvency. Placed under judicial reorganization…
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São Paulo – The African Development Bank Group (AFDB) announced earlier this week an additional debt relief for Somalia and the approval of a grant from its fund to the country, totaling USD 19.7 million, the AFDB reported.
The debt relief, granted through the African Development Fund (ADF), which is also providing the financial grant, paves the way for the full cancellation of Somalia’s loans with the fund, covering the repayment period from 2024 to 2039, according to the bank’s information.
The AFDB says the debt relief follows the successful completion of the enhanced initiative for the Heavily Indebted Poor Countries (HIPC), a program implemented with the World Bank to reduce unsustainable debt burdens in…
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Ag Economy Barometer Survey: More than half of farmers say they plan to use farm aid to pay off debt Brownfield Ag News
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Nearly all legal online casinos in 2025 actively encourage their players to practice responsible gambling habits. Throughout this page, we will break down many of the ways online casinos are taking action to ensure their players are playing safely and responsibly.
What is responsible gambling at online casinos?
Responsible gambling refers to a set of principles, practices, and strategies designed to ensure that gambling remains a safe, enjoyable, and controlled activity without leading to harm or financial distress.
Many online casinos provide their players with dedicated responsible gambling sections featuring information relating to gambling addiction literature and information on resources to seek help.
What is problem gambling?
Problem…
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