Joe Biden’s efforts on student loan debt relief didn’t often generate front-page headlines, but for the Democratic White House, the issue was a top domestic priority. As regular readers know, however, some of the Democratic administration’s efforts were more successful than others.

The problem wasn’t a lack of effort: Biden would’ve done far more, were it not for ferocious pushback from Republicans and GOP-appointed judges. The results led to odd pushback from Donald Trump, who declared during the 2024 campaign season that the Democratic White House was “ALL TALK, AND NO ACTION” on the issue of student loan debt forgiveness.

That didn’t make a whole lot of sense — Biden and his team took as many actions as they could…

A Hawke’s Bay Regional Council spokeswoman said the skidder was yet to be removed from its steep location.

“The machine is still there, and a plan for removal is still being worked on.”

The regional council did not have a photograph available to show the challenge that faces them in removing it.

Currently, a police spokesman said, no charges had been laid over the incident and police are continuing their investigation.

The spokesman said police were appealing for information from the public.

The owner of JDS Logging, Daniel Shoaf, told Hawke’s Bay Today last month that it was “really awful” to see the video…

…

Vietnam’s struggles with illegal gambling continued as authorities identified the body of a man believed to have been murdered over a gambling debt. The authorities have since arrested several men in relation to the incident.

The Man Took a Loan from a Shady Group

The body of a man identified as “Hoan” was discovered on December 2, VNExpress International reported. The news outlet elaborated that the victim was a 42-year-old man from Hanoi, believed to have been murdered over a gambling debt.

The murder was tied to a group of loan sharks that have been lending money to Vietnamese residents since 2023. While Vietnam largely prohibits locals from gambling, players have been traveling to…

By Edward Dankwah  

Accra, July 12, GNA – Mr. Seidu Issifu, Minister of State for Climate Change and Sustainability, has called for the urgent establishment of a climate debt forgiveness mechanism to support countries disproportionately affected by the consequences of climate change. 

He said developing nations, especially in Africa, were being forced into deeper debt traps as they tried to cope with the increasingly severe impacts of climate-related disasters, impacts they did little to cause. 

The Minister of State was speaking during a courtesy visit paid by the African Group of Negotiators Experts Support (AGNES) in Accra. 

The visit was to welcome the Minister into Africa’s climate negotiation…

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HMRC Company Voluntary Arrangements service contributes to the support of businesses in temporary financial difficulties.

Conditions for supporting a proposal

We consider voluntary arrangements on a case-by-case basis, and will vote to support
proposals where:

• debtors are honest in their financial disclosure
• an optimised and achievable offer is made to creditors
• provision is made for payment of all future debts on time
• there are no exceptional reasons for rejection

We will not support debtors who do not allay our concerns about their proposals.

HMRC expect an optimum and achievable offer specifically for HMRC. HMRC will not
accept any Company Voluntary Arrangement where unsecured creditors are being paid whilst HMRC’s…

Insolvency & Bankruptcy Code cannot override the Prevention of Money Laundering Act (PMLA), said appellate tribunal NCLAT, adding assets of an debt-ridden firm once attached by the Directorate of Enforcement (ED) and confirmed by competent authority cannot be released for its resolution.

Under section 14 of IBC, a moratorium is applied on those assets for the purpose of resolution. However, if the property is alleged to be “proceeds of crime” and is already under adjudication by competent authority under a penal statute, such property cannot be deemed to be part of the freely available resolution estate, the National Company Law Appellate Tribunal (NCLAT) said.

The appellate tribunal held that if there is any attachment by ED under the…