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Christians Against Poverty calls for debt relief reform to meet pandemic needs
THOUSANDS of people across England and Wales are forced into bankruptcy because they do not meet the threshold for a Debt Relief Order (DRO), which is significantly cheaper, has esteemed Christians Against Poverty (CAP).The national…
Huge Majority of Black Voters Support Student Debt Cancellation
WASHINGTON, DC - FEBRUARY 10: US President Joe Biden speaks as he delivers statement to the South ... Court Auditorium at Eisenhower Executive Building on February 10, 2021 in Washington, DC. President Biden made a…
Debt Settlement: An Effective Way To Reduce Debt
Monetary debt can be difficult because it can cripple your tax freedom and bring you financial hardship. Plus, being in debt can make it difficult to buy a car or get a mortgage on your home. It can also adversely affect your…
G20 must provide $ 650 billion boost to IMF, extend debt relief: activists
The 20 largest economies must support a $ 650 billion boost to the International Monetary Fund's currency, reallocate existing reserves and extend debt payment relief to poorer countries, former policymakers have said anti-poverty…
Zambia Seeks Path for Struggling Countries Seeking Debt Talks
Africa UpdatesSubscribe to myFT Daily Digest to be the first to know about African news.
As Zambia embarks on an attempt to restructure billions of dollars in debt, investors are watching closely to assess whether…
Debt crisis looming for many countries, warn IMF veterans
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Photograph by Angelos…
China’s coronavirus debt traps are coming
The political decisions made in China at the start of the COVID-19 epidemic took a situation that could have been contained and made it an unstoppable global pandemic. The immediate social, political and economic consequences…
Argentina’s debt: how to save time during the pandemic
On April 15, finance ministers of the Group of 20 proposed to postpone for the remainder of this year, all interest and principal payments that governments of low-income developing countries owe to G20 member governments.
Debt…
Emerging economies hold back from asking creditors for debt relief
Emerging economies struggling with a debt crisis are resisting calls to renegotiate what they owe private creditors, lest it hinder their access to financial markets in the future, lenders and borrowers have warned.The…
IMF announces debt relief for African countries to fight pandemic | Voice of America
JOHANNESBURG - The International Monetary Fund approved a package of 500 million dollars provide six months of debt relief to developing countries struggling with the coronavirus pandemic. While the move is welcomed, some financial…