Image for representation Access to easy loans, credit cards and a stable income while empowering can also lull you into a false sense of financial security. It may lead you to a borrowing overdrive to fulfil long-held desires. You could end up in a situation where your monthly expenses and loan instalments add up to…
DetailsIn the United States online crowdfunding has been called the “sad, dark future of healthcare”. But what does it mean in Australia, where the public system is meant to stop people falling through the cracks? On GoFundMe, one of the internet’s largest crowdfunding platforms, Australians have raised more than $145 million for personal causes. Even…
DetailsIn my early 20s, fresh out of university and in my first professional job, I acquired several credit cards. I took out a Visa card from my bank for little more reason than the vague notion that it was part of being an adult, useful for emergencies and to establish a credit rating. It seemed…
DetailsAs State Owned Enterprises (SOEs) continue to struggle under severe financial pressure, perhaps it is time for them to consider business rescue to alleviate continued financial distress and to avoid potential personal liability of directors who continue to run these companies and rely on the inevitable call up of a government guarantee. This is according…
DetailsPaulin Basinga is the Country Director of Bill and Melinda Gates Foundation in Nigeria, a major international donor supporting development in several sectors in the country. As the head of the operations of the Foundation in Nigeria, Mr. Basinga works in close collaboration with government at the federal and state levels, and development…
DetailsInsolvency Bankruptcy Board asks for comments on contents of Request for Proposal (RFP) New Delhi, Feb 24 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has invited public comments on contents of Request for Proposal (RFP), a release from Ministry of Corporate Affairs informed. An RFP is an invitation for resolution plans from…
DetailsARLINGTON, Va.–(BUSINESS WIRE)–Graham Holdings Company (NYSE:GHC) today reported net income attributable to common shares of $302.0 million ($53.89 per share) for the year ended December 31, 2017, compared to $168.6 million ($29.80 per share) for the year ended December 31, 2016. For the fourth quarter of 2017, the Company reported net income attributable to common shares of…
DetailsCathal and Cathy Dunne, like tens of thousands of others during the recession, fell into dire money problems and struggled to repay their mortgage. To find a solution, they decided to engage with their bank, Permanent TSB. The couple, now in their early 40s, have five children, four of whom are still in school. Cathal…
DetailsVICTORIA The island nation of Seychelles designated some of its fragile coastal areas for protection from commercial fishing, oil exploration and development this week, in return for a novel deal relieving it of part of its sovereign debt. The Indian Ocean nation, rich in underwater reefs and postcard-perfect beaches, defaulted on its debt in 2008…
DetailsMichael Philipps | South Western Times Saturday, 24 February 2018 7:24AM Recent data shows Bunbury had the highest rate of personal insolvency in regional WA for the December 2017 quarter. However, figures show the number of people who declared personal insolvency in the region has declined since September 2017. The Australian Financial Security Authority recently…
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