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One of Australia’s largest independent logistics operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based
BONN, Germany – Germany’s federal government will begin helping municipalities to pay down old debts from January 1, 2026, Chancellor Friedrich Merz said on Saturday, two weeks before his government faces its first electoral test since taking office.
Merz made the pledge at the party conference of his Christian Democrats, or CDU, in the German state of North Rhine-Westphalia which is holding local elections on September 14, four months after his government came into power.
State and municipal leaders say the federal government has imposed extra welfare costs on municipalities without providing them with the necessary funds to finance them.
In NRW, Germany’s most populous state and a bellwether for national politics, the municipal debts…
One of Australia’s largest independent logistics operators, XL Express, has entered voluntary administration after 35 years in business.
The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment” of the company’s viability.
The administration affects XL Express Operations Pty Ltd and 15 other associated entities under the XL Express brand.
“The administrators will investigate the financial position of the companies and provide a report to creditors in due course,” FTI Consulting says in a statement.
At this stage, it remains unclear precisely what has caused XL…
BONN, Germany (Reuters) -Germany’s federal government will begin helping municipalities to pay down old debts from January 1, 2026, Chancellor Friedrich Merz said on Saturday, two weeks before his government faces its first electoral test since taking office.
Merz made the pledge at the party conference of his Christian Democrats, or CDU, in the German state of North Rhine-Westphalia which is holding local elections on September 14, four months after his government came into power.
State and municipal leaders say the federal government has imposed extra welfare costs on municipalities without providing them with the necessary funds to finance them.
BONN, Germany (Reuters) -Germany’s federal government will begin helping municipalities to pay down old debts from January 1, 2026, Chancellor Friedrich Merz said on Saturday, two weeks before his government faces its first electoral test since taking office.
Merz made the pledge at the party conference of his Christian Democrats, or CDU, in the German state of North Rhine-Westphalia which is holding local elections on September 14, four months after his government came into power.
State and municipal leaders say the federal government has imposed extra welfare costs on municipalities without providing them with the necessary funds to finance them.
In NRW, Germany’s most populous state and a bellwether for national…
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More than 3,500 families in the Metro Atlanta area will see a total of $10 million in debt cleared this week thanks to the Atlanta Dream.
More than 3,500 families in the Metro Atlanta area will see a total of $10 million in debt cleared this week — the financial reprieve is thanks to a coalition led by the WNBA’s Atlanta Dream.
The WNBA partnered with Cash App and debt relief firm ForgiveCo. The announcement comes on the 62nd anniversary of Dr. Martin Luther King Jr.’s…
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