A coalition of leading economists and former finance ministers is calling for immediate debt relief to low- and middle-income nations, warning loan repayments are squeezing out government funding for basic services, leading to poverty and preventable deaths. In a letter to the World Bank and IMF ahead of annual meetings this week, the economists, including Columbia University professor Joe Stiglitz, write, “Countries around the world are paying exorbitant debt servicing costs instead of paying for schools, hospitals, climate action or other essential services.”
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As US household debt hits all-time high, can the church help members in financial stress? – OSV News
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President Lee Jae-myung Urges Debt Relief for Self-Employed 조선일보
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According to a listing on Companies House dated 1 October 2025 a Notice of Special Resolution revealed “that the company would be wound up voluntarily”.
Quantuma Advisory Limited were appointed as liquidators to the business, which according to documents, commenced winding-up on 25th September 2025.
On the same date the Registered office address changed from The Hangars Harbury Lane Leamington Spa Warwickshire CV33 9SA to the address of Quantuma Advisory Limited, Office D Beresford House Town Quay Southampton SO14 2AQ.
According to The Gazette, a petition was presented on 11 August 2025 by the Commissioners for HM Revenue and Customs claiming to be creditors of the Company.
Currently, the only active directors of the Joe Delucci’s Ltd…
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The orchards at the centre of a liquidation of a fledging Central Otago fruit company are up for sale.
Ardgour Orchards, Valley Orchards GP Ltd and Ardgour Valley Orchards LP went into liquidation in early August, although details were scant on why.
The orchards had been situated on part of Ardgour Station, near Tarras.
The sale consisted of a 48ha property with 11.94ha of cherry trees, which were fully bird-netted, and 22.83ha of apricots.
The sale also included an irrigation system, three frost-fighting machines and a large eight-bay 480sqm packing shed.
Liquidators Diana Matchett and Colin Gower, of BDO in Christchurch, had been appointed liquidators.
The trees for the orchard were planted in 2020 and last summer the apricot…
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by Kimberley Heatherington
OSV News
(OSV News) —”Debt,” said the 17th-century English scholar, author and preacher Thomas Fuller, “is the worst poverty.”
The 90% of Americans who — as of the second quarter of 2025 — owe an all-time high total of $18.39 trillion in household debt might readily agree.
It’s been called a national crisis — and one without an obvious or immediate solution. So how can the Catholic Church respond to a stress-inducing situation that impacts almost all of its members?
Sam Fatzinger — a wife, mom of 14, and with her husband, Rob, co-author of “A Catholic Guide to Spending Less and Living More” (Ave Maria Press) — recalled a summer trip to the pool when a parent sarcastically commented on…
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New Delhi, Oct 14 (PTI) Fair trade regulator CCI on Tuesday said it has given in-principle approval to mining conglomerate Vedanta’s proposal to acquire debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding.
Apart from Vedanta, the proposals of Naveen Jindal-led Jindal Power, PNC Infratech, Adani Group and Dalmia Bharat for JAL acquisition have been cleared by the regulator.
“The proposed combination envisages acquisition of Jaiprakash Associates Ltd (JAL) by Vedanta Ltd (acquirer) pursuant to a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016,” the regulator said in a release.
The Competition Commission of India (CCI) said it has…
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Bankruptcies up in 2025, with over 2,300 jobs lost Luxembourg Times
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Manchester-based Davis Acquisitions Ltd worked with Save Consultants Ltd, a company shut down last year for offering unlicensed insolvency services
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Davis Acquisitions Ltd was appointed director of 78 of Save Consultants Ltd’s client companies, acting as a vehicle to avoid formal insolvency procedures, asset recovery, and director conduct scrutiny
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Insolvency Service investigations have resulted in Davis Acquisitions Ltd now being wound-up in the public interest
A Manchester-based company has been shut down after investigations revealed it was acting as a front to enable unlicensed insolvency activities previously carried out by another firm.
Davis Acquisitions Ltd became the director of 78 client companies previously associated with…
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JPMorgan ETFs (Ireland) ICAV/ Key word(s): Funds
JPMorgan ETFs (Ireland) ICAV: Liquidation of Sub-Fund
14.10.2025 / 14:35 GMT/BST
The issuer is solely responsible for the content of this announcement.
JPMorgan ETFs (Ireland) ICAV
Liquidation of JPMorgan ETFs (Ireland) – BetaBuilders China Aggregate Bond UCITS ETF – effective from 24 November 2025
This is to notify you that the JPMorgan ETFs (Ireland) – BetaBuilders China Aggregate Bond UCITS ETF (the “Sub-Fund”) in which you hold shares will be liquidated.
Your Sub-Fund will bear securities transaction costs only; all other costs associated with the liquidation will be paid by the management company. To help ensure an orderly and efficient liquidation process, your Sub-Fund may begin…
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As US household debt hits all-time high, can the church help members in financial stress? OSV News
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The Competition Commission of India has approved Vedanta Limited’s acquisition of Jaiprakash Associates Limited following a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
“The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer) pursuant to a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC),” the Commission said in a release on Tuesday, October 14.
(This is a developing story. Check back for further updates.)