The relief bills provision mirrors a bill introduced in the Senate last month by a group of senators including Senators Reverend Raphael Warnock (D-GA) and Cory Booker (D-NJ). (That bill, in turn, draws on the Justice for Black Farmers Acta more sweeping piece of legislation that would issue land grants to Black farmers to make…
The number of low-income countries eligible for debt-service relief has doubled in the last decade. Heres how to help them. The COVID-19 pandemic and the accompanying economic lockdowns have deepened inequality both within national borders and across the globe. Many low-income countries have suffered a severe economic contraction that has derailed budgets and created urgent…
AN emergency meeting has been held with Greensill Farming staff on Wednesday morning, following parent company Greensill Capital being placed in voluntary administration earlier in the week. Despite the seemingly extremely bleak outlook for Greensill Capital, farm staff from the company’s Bundaberg and Wallaville operations are understood to have been told it’s farming as usual,…
A doctor defrauded more than 67,000 from the NHS and colleagues by claiming payment for overlapping locum shifts and falsifying cheques in order to pay off a gambling debt. Dr Aled Jones, 39, was employed at the University Hospital of Wales (UHW) in Cardiff as a registrar when he carried out the frauds, which took…
John Menzies has spent a one-off 70.2m restructuring the business after decreased flight activity caused by the pandemic led to a 37% reduction in revenue. The Edinburgh-headquartered aviation logistics business blamed the travel restrictions for the loss of revenue, as flight activity led to a 49% year-on-year reduction in volumes for ground handling and refuelling.…
TurboFinance guides users on debt relief. Debt relief programs offer ways for individuals who are financially struggling to help manage some of their debt by arranging for more affordable payments and eventually eliminate their debt. LOS ANGELES (PRWEB) March 09, 2021 Professional debt consultants TurboFinance have released their informational guide for consumers looking to mitigate…
Earlier this month, Brazos Electric Power Cooperative filed for bankruptcy protection following the impact of recent severe winter storms in Texas. What made this filing notable was that Brazos is the largest and oldest power cooperative in the state. It went from a “financially robust, stable” company before the storms to stressing under the weight…
A couple from Wiltshire whose son took his own life after running up huge gambling debts are calling for changes in the law to stop betting sites sponsoring sports teams. Josh Jones became addicted to gambling, and eventually ran up a debt of more than 30,000. Despite treatment and the support of his family, an…
By Killian Flood BLPublished 9 March 2021 Killian Flood BL The High Court has ruled that an insolvent debtor was not entitled to a new protective certificate under the Personal Insolvency Acts 2012-2015 after he had benefitted from an invalid protective certificate within the previous 12 months. It was claimed by the debtor that the…
A head-on collisionImage: ANDREW KASUKU Policyholders with Concord Insurance Company Ltd (in liquidation) will be paid after an eight-year wait, the Policyholders Compensation Fund has announced. At least 1, 572 claimants will benefit from the payments, with PCF expected to spend Sh392 million. Total claims, however, stand at Sh467 million. The maximum compensation payable by…