Ambus Hunter grew his net worth to roughly $600,000 a decade after almost losing everything because of a gambling addiction, he said.Ambus Hunter Redeem now Ambus Hunter, 36, said he almost went broke when he became addicted to gambling over a decade ago. His net worth is now about $600,000, and he works part time…
There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans. WASHINGTON China, under growing pressure from top international policymakers, appeared to indicate this week that it is ready to make concessions that would unlock a global effort to restructure hundreds of billions of…
Lenders of debt-ridden Future Retail Ltd (FRL) has sought an extension of 90 days for concluding the Corporate Insolvency Resolution Process (CIRP) of the company. The resolution professional of FRL has filed an application before the Mumbai bench of the National Company Law Tribunal (NCLT) “seeking exclusion of a period of 90 days from CIRP…
WASHINGTON, April 15 (Reuters) – Africa is struggling with the triple shock of rising debt burdens, an ongoing food crisis and climate change fallout and needs more help from international institutions and wealthy nations to cope, African finance ministers said on Saturday. Developing African economies were only beginning to recover from the COVID-19 pandemic when…
In this weeks TGIF, we consider the Federal Courts recent decision in Fotios (Bankrupt) v Helios Corporation Pty Ltd (No 3) [2023] FCA 251, and earlier decisions in the same proceedings, clarifying the current Australian position as to priorities between creditors of successive trustees. Key takeaways The insolvency of personal and corporate trustees continues to raise difficult…
Updated Mar 29, 2023 10.16am, first published at Mar 24, 2023 9.21pm The co-owners of the Callide C coal-fired power station in Central Queensland, have gone into voluntary administration. Amid ongoing uncertainty over the power station – which has been beset by delays following an explosion at its C4 unit in May 2021 – Deloitte…
Ghana has defaulted on loans and is among 22 countries which either have excessive debt or risk facing it, the World Bank says. AFP Paris, France: After the epidemic and Russias invasion of Ukraine, Africa is facing decades-high levels of debt, but the international community is finding it difficult to come to an agreement on…
The ruse ended when a regular audit brought to light a couple of suspicious payments. The 31-year-old Tauseef Sadeeq couldnt come up with plausible explanations when questioned, leading to a deeper investigation, ending with Sadeeq being sentenced to prison time. Sadeeq Wont Be Practicing Law Anymore He was the first-ever trainee at the law firm,…
Posted on: April 12, 2023, 04:22h. Last updated on: April 13, 2023, 10:33h. With seven world titles and three Olympic Golds, Zhang Jike, 35, is the closest thing table tennis has to a superstar. Table tennis star Zhang Jike, main image, is accused of attempting to pay gambling debts with intimate videos of his ex-girlfriend,…
Zhang Jike is a former table tennis star from China that is globally recognized. He was the fourth male player in the history of the sport to hit a career Grand Slam, after winning gold in the mens singles during the Olympic games in London in 2012. And thats not Jikes only recognition within table…