Oregon paraeducator Laura Warren is still reelingwith joy, with astonishment, and with deep relief. Early this year, she learned that a mountain of student debt, nearly $138,000, had been lifted from her shoulders. Warren had borrowed decades earlier from the federal government to help pay for her childrens college education. I paid and I paid…
I found something possibly worse than being furloughed. Filling out an SF-85P form. Thats 95 pages of detail about your life require to get a public trust position with the federal government. If somehow you got where you were without it, it looks like youre going to have to fill out one anyway. Even if…
Two experienced Labour politicians are part of the team appointed by ministers to help turn around the bankrupt Birmingham city council. John Hutton, a Labour peer and former defence secretary, and John Biggs, a former mayor of Tower Hamlets in London, will provide political advice to the councils leadership as they take the difficult decisions…
GENEVA: Current attempts to resolve the debt crisis swamping poor countries do not go anywhere near far enough given the scale and urgency of the situation, the United Nations warned on Wednesday. UN trade and development chief Rebeca Grynspan said the issue should feature prominently at next week’s meetings of the World Bank and the…
John Gerard Metcalfe, from Essex, was declared bankrupt in 2013 following legal action after he defrauded several individuals and at least one company as part of an investment scam he had run, which saw the victims lose over 2 million. Metcalfe was subsequently convicted of fraud offences in 2017 and the Crown Prosecution Service (CPS)…
Summary Companies Total value of Japan M&A transactions grew 14% in Jan-Sept Domestic deals, including Toshiba and JSR, led growth Low interest rates, new guidelines likely to help momentum TOKYO/HONG KONG, Oct 5 (Reuters) – Japan’s M&A market is standing out against a worldwide decline this year, thanks to surging domestic deals as rising costs,…
VIENTIANE, Oct. 5 (Xinhua) — Laos’ Ministry of Finance, in partnership with the Asian Development Bank (ADB) held a high-level policy dialogue on good practices for enhancing public debt management in the Southeast Asian country, from Wednesday to Thursday in Lao capital Vientiane. The two-day event is planned to discuss the interconnections between public debt…
By Andrea Shalal and David Lawder WASHINGTON, Oct 4 (Reuters) – The U.S. should demand that China support debt restructuring for struggling poor and middle-income countries as a condition of changes to the International Monetary Fund’s shareholding formula, a former senior U.S. Treasury development expert said on Wednesday. Nancy Lee, a former deputy assistant Treasury…
To ensure faster resolution and greater efficiency during insolvency proceedings, the Insolvency and Bankruptcy Board of India (IBBI) has proposed changes in the process of appointing resolution professionals for personal guarantors to corporate debtors, while recognising the interconnectedness between the two. In a new discussion paper, the IBBI has also proposed sharing reports prepared by…
Street Talk Oct 5, 2023 3.04pm Finally, after a protracted recapitalisation process, theres movement at Accolade Wines, the countrys second-largest wine group behind Treasury Wine Estates, the company behind the high-profile Penfolds label. Street Talk can reveal existing lenders for The Carlyle Group-owned wine producer were on Wednesday night presented with a sweeping turnaround plan,…