Insolvency Guardian Media Centre
CNBC’s Jim Cramer on Tuesday defended his stance on cryptocurrency, saying he endorses owning some as a hedge against government spending and a ballooning deficit, as “national debt worries are never going to go away.”
“I’ve liked crypto for a very long time, mostly because I know there’s a huge constituency of investors who want to buy something that can protect them from our government’s busted budget,” he said. “While there’s no proof crypto can protect you from anything — at least not yet — it’s a plausible story…Let’s just say sometimes that’s all you need in this business.”
Some on Wall Street believe that due to cryptocurrency’s fixed supply, it will be a solid asset in the event that continued excessive federal spending —…
Read the original article here
Explainer: What student debt legislation passing will mean for you South Coast Register
Read the original article here
Explainer: What student debt legislation passing will mean for you The North West Star
Read the original article here
Explainer: What student debt legislation passing will mean for you The Examiner
Read the original article here
Explainer: What student debt legislation passing will mean for you Lithgow Mercury
Read the original article here
Today, The Government of The Bahamas, The Nature Conservancy (TNC), the Inter-American Development Bank (IDB), and several financial partners launched a Nature Bonds project that will refinance USD 300 million of The Bahamas’ external commercial debt to help the country improve ocean conservation and management of its Marine Protected Areas (MPAs) to benefit biodiversity and people, and lessen the effects of climate change.
The Bahamas debt conversion project is a project of firsts. It is the first time that a private investor, Builders Vision (an impact platform founded by Lukas Walton), is providing a co-guarantee alongside a multilateral development bank (MDB). Also, it’s the first time a private insurer,…
Read the original article here
Explainer: What student debt legislation passing will mean for you Illawarra Mercury
Read the original article here
Mosaic brands’ flagship stores, including Millers, Rivers and Katies, will continue trading as the company undergoes voluntary administration.
…
Read the original article here
‘Major’ financial trouble plunges KTM into administration Speedcafe
Read the original article here
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion MSN
Read the original article here
Photo: LDR
Solar power company SolarZero has been put into liquidation, leaving some customers worried about the contracts they have signed with the company.
The company – which offers customers solar power systems with no upfront cost but an ongoing, multi-decade lease – said the directors had requested its shareholder appoint a liquidator.
It said directors had requested its senior lenders take enforcement action, and appoint another provider Verofi, to ensure power service for customers was not interrupted.
RNZ’s Money correspondent Susan Edmunds explains what this means for customers.
Read the original article here
You don’t have permission to access “http://www.business-standard.com/companies/news/bcci-may-move-nclt-to-seek-withdrawal-of-byju-s-insolvency-proceedings-124111201461_1.html” on this server.
Reference #18.d0b42e17.1732661134.c289a9e6
https://errors.edgesuite.net/18.d0b42e17.1732661134.c289a9e6