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OFAC provides advice on sanctions regarding changes to agreements referring to LIBOR – Finance…
United States: OFAC provides guidance on penalties for amendments to agreements that refer to LIBOR…
How to tell if a debt collector is legitimate or a scam – WSOC TV
PAGELAND, SC - A woman in Pageland turned to Action 9 for help after receiving a letter from a debt collector, and she wasn't sure if it was legit or a scam.Felicia Miller gave birth to her son in September 2020 at Atrium Health Union. She…
IMF hails Senegal, pledges $ 180 million aid fund
(Agence Ecofin) - The International Monetary Fund (IMF) is satisfied with Senegal's economic performance, despite the pandemic and the low vaccination rate in the country. “Recent indicators suggest that a strong recovery is underway,…
Puerto Rico bankruptcy judge to approve amended debt plan
(Bloomberg) - The judge overseeing Puerto Rico's bankruptcy has ordered the island's financial supervisory board to revise its debt restructuring deal by Friday and plans to uphold that recovery plan soon after.Bloomberg's Most ReadUnited…
Collins Foods (ASX: CKF) Seems to Use Debt Quite Wisely
Legendary fund manager Li Lu (whom Charlie Munger supported) once said, "The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital." So it seems like smart money knows…
Prince Andrew settles £ 6.6million debt with French social worker after buying Swiss ski chalet
Prince Andrew has settled a £ 6.6million debt with a French socialite paving the way for him to sell his beloved ski chalet to fund his alleged sexual abuse case.Isabelle de Rouvre, 74, sold her home, Chalet Helora, to then friends Prince…
Mayfield’s season ends on the sidelines, an operation awaits the Browns QB
CLEVELAND (AP) - At least Baker Mayfield's exit reunion went well. Just about everything else this season for the Browns quarterback was irrelevant.And while the season is over, his time in Cleveland is not so defined.Mayfield watched…
What Biden Lacks On For-Profit College Debt
(CNN) - The Biden administration is committed to making college more affordable. But he chose not to reinstate an Obama-era rule…
Pay off foreign debt or finance essential imports – Groundviews
Photo courtesy of South China Morning Post
The country's available foreign reserves can be used either to repay foreign creditors or to finance imports of essential goods and services required by its citizens. This is the dilemma Sri…
Here’s Why Luster Industries Bhd (KLSE: LUSTER) Can Responsibly Manage Debt
Warren Buffett said: "Volatility is far from synonymous with risk". When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. Like many other companies…