Oil Venezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending…
I believe there are some charitable grants available for people who are having problems affording some utility bills. How does someone go about claiming? PW, Shropshire What I think you are after is Charis Grants. This administers schemes set up by various utility companies for people struggling with bills. One of these is the British…
When Yousif Khans father was killed by robbers, the last thing the family needed was a battle for the roof over their heads, but that is the cruel legacy of a heinous act, Shireena Al Nowais writes DUBAI // When Yousif Khans father was killed in a robbery while on holiday in Pakistan, it started…
the last thing the family needed was a battle for the roof over their heads, but that is the cruel legacy of a heinous act, DUBAI // When Yousif Khans father was killed in a robbery while on holiday in Pakistan, it started a downwards spiral in Yousifs life. “My father was withdrawing money from…
Hi Nicole, I need advice on my bank credit card debt of over $20,000. My debts were incurred through medical expenses and providing for my partner, who does not work. I am 49 years of age and we recently separated so I pay maintenance for my three young children. I have relatively low-rent accommodation but earn…
Hi Nicole, I need advice on my bank credit card debt of over $20,000. My debts were incurred through medical expenses and providing for my partner, who does not work. I am 49 years of age and we recently separated so I pay maintenance for my three young children. I have relatively low-rent accommodation but earn…
THE ISSUE: More Americans are getting buried by student debt causing delays in home ownership, limiting how much people can save and leaving taxpayers at risk as many loans go unpaid. The statistics look daunting. Student debt now totals around $1.26 trillion. This amounts to a stunning 350 percent increase since 2005, according to the…
RELATED: Rock Dogs plea to the premier The closure of a Bendigo disability service has left more than 100 supported workers no choice but to make ends meet without their weekly wage. Radius Disability Services entered voluntary administration on Monday after a budget audit predicted it could lose as much as $500,000 over the next financial year. California Gully woman Madeline…
Portugal kept its much-needed access to EU financial help Friday after a European Central Bank-approved credit agency maintained its rating of Portuguese debt at investment grade level. Toronto-based DBRS announced it had kept Portugal’s rating at “BBB” level, with a “stable” perspective. “The rating reflects Portugal’s eurozone membership and its adherence to the EU economic…
National Debt Relief recently shared in an article published October 11, 2016 some key points about forcing retirement savings on consumers. The article titled “Is it Right To Make Saving For Retirement Mandatory?” looks at how a mandatory retirement savings policy would affect consumers both with their immediate needs and future financial plans. New York,…