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JD Supra: FTC Cracks Down on Payments Processor for Facilitating Fraud
JD Supra· 2 days agoThe defendants have agreed to a settlement that includes a $10 million payment to compensate affected consumers and tighter restrictions on future business operations. According to the FTC’s ...
Former Emerging World Finance Chiefs Call for Debt Reworks to Enable Climate Spending
US News & World Report· 2 days agoA group of prominent former emerging market finance chiefs is pressing global leaders to incorporate external shocks and climate change into debt sustainability calculations, according to a ...
Why your credit score dropped
CNN.com· 24 hours agoLenders use your credit score to predict the likelihood that you’ll pay back debt on time, so it stands to reason that a lot of factors go into...
Republicans demand latest student loan proposal be scrapped
Newsweek· 2 days agoA group of Republican lawmakers have called on the Biden administration to withdraw its latest plan...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 3 days agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...
Ghana Bondholders Told to Take More Losses to Match UK, China
Bloomberg· 15 hours agoGhana’s eurobond holders need to take more losses as the nation works to restructure debt to match...
Some student-loan borrowers with private debt have a chance to get their balances wiped out — but...
Business Insider· 3 days agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start...
Pope calls for global push to tackle poor nations' debt crises
Reuters via Yahoo News· 2 days agoThe world must do more to reduce the debt burden faced by low income countries to avoid them...
130 Republican lawmakers demand Biden end 'reckless' student loan bailouts
BenefitsPRO· 3 days agoThe election year battle over student loan debt continues to escalate. The Biden administration last...
The UN says global public debt hit a record $97 trillion in 2023. Developing countries are hard hit
WROC Rochester· 3 days agoGENEVA (AP) — Global public debt rose to a record $97 trillion last year, the United Nations reported Tuesday, with developing countries owing roughly one-third of that — crimping their ability to …
