Its been six months since the day Erins husband stopped talking to her. She laughs when she mentions the seven days of the silent treatment, a distinctly Midwestern shrug that makes its way along Iowa phone lines. The laugh seems intended to reframe her tribulations and make them feel manageable, but it was the very…
The French government will lend Sudan $1.5 billion to help the African nation pay off its massive debt to the International Monetary Fund as it emerges from decades of authoritarian rule, Finance Minister Bruno Le Maire said Monday. “President Macron will confirm later today that France will provide the $1.5 billion bridge loan to clear…
With political commentators discussing whether the latest Federal Budget has put Australia into too much debt (well leave that debate to the experts), some everyday Aussies may be concerned about the debts in their own household budgets, and what they could mean for their financial futures. Similar questions were asked back in 2017, when current…
Saudi Arabia will press Sudan’s creditors to reach a broad agreement to reduce the African country’s $50 billion-plus debt pile, said a Saudi official who will be directly involved in the debt-restructuring talks. Sudan’s transitional government, led by Prime Minister Abdalla Hamdok, is battling a crippling economic crisis and pushing through aggressive reforms as it…
By Nafisa Eltahir, Davide Barbuscia 3 Min Read DUBAI (Reuters) – Saudi Arabia will press Sudans creditors to reach a broad agreement to reduce the African countrys $50 billion-plus debt pile, said a Saudi official who will be directly involved in the debt-restructuring talks. Sudan’s Prime Minister Abdalla Hamdok in Berlin, Germany, on February 14,…
article If you want to aggressively tackle your debt, you’ll need strategies that move the needle. (iStock) As the economy appears to slowly recover from the pandemic, were beginning to see evidence that Americans are actively seeking to pay down debt. Total outstanding credit card debt fell by a whopping $108 billion in 2020, according…
Mental Health Awareness Week runs until May 16 and there can be little doubt that the last year has had a significant emotional and financial impact on thousands of people across Scotland. Many have faced isolation from friends, family and support networks, with the situation being made worse by the additional burden of problem debt,…
ilumoni, the start-up app that aims to help people to borrow well, has raised 1.2m in an over-subscribed seed funding round after successfully launching in Beta earlier this year. The purpose-led, AI-driven fintech had previously raised 455,000 in pre-seed funding, which saw the initial build of the first version of the app. The app went…
SAN JOSE, Calif., May 11, 2021 /PRNewswire/ — When you’re struggling with credit card debt, rising balances on your monthly statements and collection calls can add to your anxiety. However, you don’t have to face your creditors alone. Many credit counseling agencies offer debt management plans (DMPs), which allow a counselor to act as an…
The amount of the financing was not disclosed, but the IMF and World Bank put Sudans total external debt at an estimated $49.8 billion as of the end of 2019. Tuesday 11/05/2021 A file picture shows International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaking in Washington. (REUTERS) WASHINGTON The IMF executive board on Monday…