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Debt Agency
Argentina and the IMF still linked by a love-hate relationship
BUENOS AIRES - Argentina has a long-standing rocky relationship with the International Monetary Fund, which many in the country take a dim view, even though it has provided a credit lifeline after decades of what experts say describe it as…
DBRS confirms Malta’s “A” rating with stable trend
Malta's high economic growth rates and the money saved during the boom years have enabled the country to weather pandemic shocks and maintain its credit rating, German rating agency DBRS said.
DBRS said that although COVID-19 budget support…
Evergrande defaulted on its debt, according to Fitch Ratings
The rating agency on Thursday downgraded the company and its subsidiaries in "limited default", which means that the company has not met its financial obligations. Fitch said the downgrade reflects the company's inability to pay interest…
Hungary to issue green sovereign bond in China next week – debt agency chief
BUDAPEST, Dec. 8 (Reuters) - Hungary has mandated the Bank of China to organize a yuan-denominated green Panda sovereign bond issue that is expected to be finalized next week, the managing agency's chief executive said on Tuesday evening.…
Editorial Board: License Requirement Needed to Curb Buffalo’s Unsavory Debt Collection…
The city of Buffalo, as well as Yonkers and New York, all require licensing for collection agencies. An agency that exists within the city limits of Buffalo, or that solicits consumers in Buffalo, must obtain a license through the City's…
Prominent Nigerians frustrating N 4.4 trillion AMCON debt collection – Senator –…
Wealthy Nigerians are failing the debt collection operations of the Asset Management Corporation of Nigeria (AMCON) valued at 4.4 trillion naira.
This statement was made by Senator Uba Sani, Chairman of the Senate Committee on…
Laos Opens Railroad To China As Debt To Beijing Rises | Economic news
BEIJING (AP) - After a blessing from Buddhist monks, Laotian Prime Minister Phankham Viphavanh on Friday made the first trip of a $ 5.9 billion Chinese railroad that connects remote and mountainous Laos to southern China with the aim of…
National Museum of American Jewish History buys back bankruptcy building with gift from Stuart…
(JTA) - Shoe entrepreneur Stuart Weitzman came to the aid of the financially struggling National Museum of American Jewish History in Philadelphia.
The museum had accumulated $ 30 million in construction debt and lost!-->…
BNZ and other lenders waive debts incurred in abusive relationships
The Bank of New Zealand and some other lenders have written off the debts of victims of economic abuse. Economic abuse, and the economic harm it causes, is, as TUE keynote speaker Ayesha Scott called it, “the use of money” by an intimate…
Godfroy de Monroe had a difficult task helping the Mescalero tribe
Frederick Godfroy was born in Monroe in 1828 and died in Plattsburgh, New York on June 15, 1885.In 1876 Godfroy was appointed Agent for the Mescalero Indians in Lincoln County, New Mexico. His efforts to help replenish supplies, protect…
Inside Housing – News – Housing associations’ debt to rise as costs rise, warns…
The debt of housing associations will continue to increase despite a greater focus on developing government-backed affordable housing, S&P cautioned. Image: GettyDivide linesHousing associations' debts will continue to grow despite…
S&P Global Ratings Reaffirms Erie County Credit Rating to AA-
Wed Nov 24, 2021 5:00 PM
S & P's Rationale Notes the County's "Stable Financial Profile, Including Historically Strong Operating Performance" and "Good Financial Planning and Practices"
S&P Global Ratings, an independent rating…
Wynn jointly and severally liable for the repayment of Dore VIP’s debt – Supreme Court
The decision of the Court of Final Appeal is seen by experts as a landmark decision for the industry and the relationship between gaming operators and junkets.
The Court of Final Appeal (TUI) upheld a decision…
KKR makes $ 12 billion approach to privatize Telecom Italia
The Telecom Italia logo for the TIM brand is seen on a building in Rome, Italy on April 9, 2016. REUTERS / Alessandro Bianchi / File PhotoRegister now for FREE and unlimited access to reuters.comRegister nowBoard assesses KKR proposal at…
Antonio Brown faces fine and jail time for faking vaccination
Updated
20/11/2021 -
03:06
Tampa Bay Buccaneers wide receiver Antonio brown could have violated federal laws by obtaining a fake COVID-19 vaccination card, and could face a fine and / or up to five years in prison, according to the…
California DFPI seeks comments on changes …
The Commissioner of the California Department of Financial Protection and Innovation (DFPI) has released changes to the license application and debt collection license application procedures under the Debt Collection Licensing Act and is…
OSFIs should assess borrowers in a “holistic and prudent manner”
MANILA - Obtaining a loan is difficult for small…
Troutman Pepper Consumer Financial Services COVID-19 Weekly Bulletin – November 2021 # 2 |…
Like most industries today, consumer finance service companies are significantly affected by the novel coronavirus (COVID-19). Troutman Pepper has developed a COVID-19 Resource Center to guide clients through this unprecedented global…
Chinese real estate market could experience more pain, although the Evergrande crisis may ease
People look at models of houses at the 2021 Dalian Autumn Real Estate Show at the Dalian World Expo Center on October 15, 2021 in Dalian, Liaoning Province of China.Liu Debin | China Visual Group | Getty ImagesBEIJING - Concerns over high…
Financial experts sound the alarm on consumer debt after pandemic
Millions of Americans can be proud of keeping their finances in check throughout the uncertain economic climate of the past year and a half.Many people have improved their credit scores, reduced their debt, increased their savings, and…
Retired lecturer stolen of RM2.6million by Macau crooks in KL
KUALA LUMPUR: An 80-year-old retired lecturer lost around 2.6 million RM to a scam in Macau. Deputy head of Kuala Lumpur's Commercial Crime Investigation!-->…
What you need for K …
Since the COVID-19 pandemic has made working from home commonplace over the past year and a half, the topic of cybersecurity, particularly in the accounts receivable management (ARM) industry, has generated a lot of buzz.While data breaches…
Stocks and bonds of Chinese real estate companies hit after Yango’s debt swap
SHANGHAI (Reuters) - Stocks and bonds of Chinese real estate developers stumbled on Tuesday as concerns over the spread of financial contagion worsened following a debt swap by one of the top 20 home builders of the country that sparked a…
Saudi Arabia appoints advisers for green debt issuance
Saudi Finance Minister Mohammed Al Jadaan
Image credit:…
Liz Weston: What’s the difference between debt settlement and debit consolidation?
Dear Liz: There seems to be an abundance of companies now offering debt reduction, debt settlement, and debt consolidation programs. Are there any differences in these programs? Some of these companies offer a program in which high credit…
Malaysia plans record budget to support economic recovery
KUALA LUMPUR, Malaysia (AP) - The Malaysian government on Friday proposed a record budget for 2022 to support an economic recovery from the coronavirus pandemic, with various…
Chinese developers hit by downgrades as Evergrande deadline looms
A construction site for Chinese real estate developer Kaisa Group is seen in a downtown area of Shanghai on February 17, 2015. REUTERS / Carlos BarriaHONG KONG, Oct.28 (Reuters) - Chinese developers suffered a beating Thursday, with…
Tribune Cannot Reduce $ 249 Million in Cubs Sale Gains, Tax Court Says
By Theresa Schliep (Oct 26, 2021, 7:41 p.m. EDT) - Tribune Media Co. can't cut its earnings from the Chicago Cubs sale by nearly $ 249 million because that money was equity, not debt , said the US Tax Court. Tuesday in a mixed…
Insurance to pay part of the cost of the replacement power cable
The broken power cable (Photo courtesy of Trey Acteson / Southeast Alaska Power Agency)
A hydroelectric power supplier in southeast Alaska expects to recoup some of the cost of replacing a failing transmission line between Wrangell and…
What You Should Know About Debt Relief Programs
Dear Liz: There seems to be an abundance of companies now offering debt reduction, debt settlement, and debt consolidation programs. Are there any differences in these programs? Some of these companies offer a program in which high credit…
Pennsylvania mayor won’t comment on whether the misuse of transit agency funds was criminal,…
WILLIAMSPORT - The mayor of Williamsport is hesitant to say whether the embezzlement by the city's Transportation Bureau as identified by auditors amounts to the level of crime."I will let the facts unfold," Mayor Derek Slaughter said…
Town of Buckhead Threatens Bond Ratings, Experts Say; defenders have answers
By John Ruch
Buckhead leaving Atlanta would likely have long-term negative effects on bond ratings in both cities and the metro area, according to two university municipal finance experts, supporting critics who say secession…
The cancellation of student loans is intensifying. Here’s what to expect next
The move marked the fifth round of student loan cancellations issued by the Education Department since President Joe Biden appointed Education Secretary Miguel Cardona. Three of these towers were intended for defrauded students, while one…
He returned the car on time. Hertz still charges late fees
Mark Stanley makes a living advising corporate clients on how to improve their customer service. So it's fair to say that he knows a thing or two about treating people correctly, especially if the goal is to grow the business.His recent…
East African countries embroiled in lender debt relief fiasco
Private creditors received the largest amount of debt repayment, $ 14.9 billion, and suspended only 0.2% of payments.Unconvincing pitch“The failure to include banks, hedge funds and oil traders in the flagship G20 debt suspension program…
DeSantis suspends debt collection for unemployment overpayments “indefinitely”
TALLAHASSEE - Amid the heat of the latest unemployment debacle, Governor Ron DeSantis on Friday ordered the National Unemployment Agency not to send Floridians to debt collectors if they received an "overpayment notice For their…
Borrowers Who Are Denied For Student Loan Relief Will Get A Second Sneak Peek
WASHINGTON (AP) - Thousands of officials who have been dismissed from a student loan cancellation program will have their cases reviewed by the Department of Education in a settlement in a lawsuit brought by one of the largest teachers'…
Make debt collection easier with the best collection agency in Los Angeles
Benjamin, Chair & Associates
Debt collector
Benjamin, Chair & Associates
Why it pays to hire debt collectors and how they help you get your money back from…
Tax revenue increases for the 8th consecutive month in August.
SEOUL, Oct. 12 (Yonhap) - South Korea's tax revenues increased for the eighth consecutive month in August amid an economic recovery and booming asset markets, the finance ministry said on Tuesday. . The country collected 24.6…
What’s happening in space policy October 10-17, 2021 – SpacePolicyOnline.com
Here is SpacePolicyOnline.com's list of space policy events for the week plus a day from October 10-17, 2021 and any insight we can offer about them. The House will sit for at least one day on Tuesday and the committees will…
What to do when Jefferson Capital Systems tries to collect a debt
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Did you get a call from an organization called Jefferson Capital Systems? If so, you are probably wondering why they are contacting you or if it is even a legitimate business. First of all, yes, Jefferson Capital Systems is a real…
Namra runs after 15-year-old tax debt
There are Namibian $ 12 billion in taxes owed to the Namibian government by taxpayers, and some date back to around 2006, the Namibia Revenue Agency (Namra) said.However, N $ 12 billion is only the principal amount, which excludes N $ 8…
Afghan electricity body to sell estates to pay off debt: report
ANI |
Update: 07 Oct 2021 8:56 AM STI
Kabul , October 7 (ANI): Amid a growing debt crisis, the Afghan electricity body…
Will improve India’s rating if growth potential increases and debt falls: Moody’s
Moody's expects India's real GDP to exceed 2019 levels in this fiscal year (April 2021 to March 2022).New Delhi: Moody's Investors Service said on Wednesday it would raise India's rating if growth potential rises and public…
Democrats insist they won’t back down on debt ceiling
Senate Democrats insisted on Tuesday they would not back down to the Senate Minority Leader Mitch mcconnellAddison (Mitch) Mitchell McConnell On The Money - Presented By NRHC - Biden Plays Hard With The Debt Limit With McConnell Schumer…
IMF Announces Downward Revision of Global Growth Forecast Due to Rising Risks | national
WASHINGTON (AP) - The head of the International Monetary Fund said the agency was lowering its forecast for…
Bulgaria to contract new debt of BGN 500 million
The Ministry of Finance and the National Bank of Bulgaria have announced the date of a new auction, in which the country will offer 5-year government securities for a total value of BGN 500 million . This was officially announced today by…
Durbin says GOP is playing with ‘loaded gun’ on US debt limit | national
WASHINGTON - Senate Majority Whip Dick Durbin has accused Republican Leader Mitch McConnell of "playing…
Violent crime rises among Arabs in Israel as authorities admit negligence
TAIBEH, Israel - After a day of construction work, Alaa Sarsour, 25, showered, dressed and walked the short distance to the henna party before her friend's wedding in an alleyway cobblestone adorned with ribbons in the old heart of Taibeh,…
S&P revises Oman’s outlook to positive on rising oil prices and reforms
General view of Old Muscat the day after the burial of Sultan of Oman Qaboos bin Said in Muscat, Oman, January 12, 2020. REUTERS / Christopher Pike / File PhotoDUBAI, Oct. 2 (Reuters) - S&P Global Ratings said on Saturday it had revised…
US STOCKS-Wall Street gathers on the first day of October, boosted by economic joy
(For a live Reuters blog on the US, UK and EU stock markets, click LIVE / or type LIVE / in a news window.) (Updates until market close)Oct. 1 (Reuters) - Wall Street shares surged to a higher close on Friday, kicking off the fourth quarter…
Benjamin, Chaise & Associates, Debt Collection Agency, Helping Small Businesses Collect Debt
You have difficulty collecting your trade receivables - Contact Benjamin, Chaise & Associés, the best collection agency
Benjamin, Chaise & Associés by your side ”- BCAWEST…
How Federal Agencies Can Identify and Deal with Technical Debt
In the early stages of the coronavirus pandemic, many federal agencies quickly deployed endpoint and remote collaboration solutions to meet the needs of the day.
While these solutions were essential for enabling officials to work from home…
Evergrande, faced with coupon payment deadline, sells bank stake to repay loan
Evergrande faces Wednesday interest payment deadlineBond Advisor expects Evergrande to miss deadlineThe company sold a $ 1.5 billion stake in Shengjing BankEvergrande shares increase by up to 17%HONG KONG, Sept. 29 (Reuters) - The…
FTC Releases Report Summarizing Findings of Study into Undeclared Big Tech Acquisitions | Hogan…
Scope of the FTC study on undeclared TGV acquisitions by selected technology companies
In February 2020, the FTC voted 5-0 to issue special orders to five big tech companies (the companies)1 requiring them to "provide information and…
FAAN shuts down Kebbi airport for 33million naira debt – Business – The Guardian Nigeria…
Federal Airports Authority of Nigeria (FAAN)The Federal Airports Authority of Nigeria (FAAN) has concluded plans to halt operations at Kebbi Airport due to debt exceeding 33 million naira.
The Guardian has learned that the…
What you need to know about government shutdowns and the debt ceiling – NBC4 Washington
The White House is bracing for a possible government shutdown as leaders struggle to pass a budget by the end of this month.
Each year, Congress must approve a federal budget that will fund the government for the next 12…
Fourth Live Update from Stimulus Control: Child Tax Credit Extension to 2025, New Payment in…
Securities
- How the government shutdown impact SNAP Advantages? (Details)
- In some states, those who social security receives more generous benefits. (Whole story)
- Numerous federal programs including Social security and SNAP…
Editorial cartoons from September 26, 2021: Texas migrant crisis, Democratic internal struggles,…
More than 15,000 Haitian migrants converged under a highway bridge in Del Rio, Texas, creating another crisis for President Joe Biden. Editorial cartoonists took to the mixed messages from Washington: Welcome and go home.Critics seized on…
Why does Companies House help scammers?
Tens of thousands of people have businesses started in their name by scammers who then use the details to take loans or defraud consumers. Victims live forever in fear of debt collectors and the police who associate them with bad companies…
On The Money – The Chamber pushes for a vote on infrastructure
Happy Friday and welcome to On The Money, your evening guide to everything related to your bills, your bank account and your results. Subscribe here: thehill.com/newsletter-signup.Today's Big Deal: Democrats line up another busy week for!-->…
China retains top executives of HNA group
BEIJING - China has stepped up campaign to tame its spendthrift and indebted companies, as authorities punish CEOs of two struggling companies while letting a struggling real estate giant continue to struggle under the weight of more $ 300…
Moody’s lowers the sovereign creditworthiness of the Bahamas | Business
U.S. rating agency Moody's downgraded the Bahamas' sovereign creditworthiness as the country welcomed a new government last week following the general election.
Moody's has downgraded the ratings of the country's long-term…
VanderWall Supports Balanced 2022 Budget That Put Michigan Families, Economic Recovery First
LANSING, Mich. --Senator Curt VanderWall voted Tuesday to approve a balanced budget plan for fiscal 2022 focused on increasing investments to support Michigan families and create a healthy economy that works for everyone.
“We…
Second Circ. Late submission of critical evidence in a TCPA / debt collection case
Wednesday September 22, 2021
We have an uplifting story for you today, TCPAWorld! In Foster v. Nat'l Recovery Agency, No. 17-CV-6-LJV-HKS, 2021 US…
South Africa-based debt collector hit by massive ransomware attack
Debt-IN Consultants, a debt collection solutions partner of many South African financial services institutions, says a ransomware attack by cybercriminals resulted in a significant breach of personal data of consumers and…
Shelter Afrique paid off its $ 186 million debt earlier than expected
(Ecofin Agency) - Shelter Afrique obtained in 2018 a new repayment deadline for its commercial debt contracted with 8 financial institutions. With the debt now cleared, the company is looking for new resources in the debt market.…
Derby UK Debt Collectors Agency – Best Extended B2B Recovery Cash Flow Solutions
Taurus Collections (0800-069-8777) has expanded its B2B debt collection services nationwide in light of the financial cash flow issues faced by many businesses amid the impact of the pandemic on the economy.
Derby, UK - September 20, 2021…
European stocks close lower amid debt problems of Chinese real estate companies
European stock markets closed lower on Monday after Chinese real estate stocks fell amid growing concerns over industry indebtedness and as investors anxiously awaited the two-day US Federal Reserve meeting due to begin Tuesday.The Stoxx…
Evergrande Shares in China Collapse for Fears of Default | News from banks
As Evergrande scrambles to raise money to pay off debt, regulators warn of broader risks to China's financial system.Evergrande shares plunged 19% to their lowest level in more than 11 years on Monday, extending losses as investors frown on…
MILLENNIAL MONEYBeat Your Summer Revenge Shopping Debt
The joy of yelling at your friends over the roar of a crowded bar, the dizziness of seeing the world rushing under you from the seat of an airplane, the strangely awkward feeling of wearing pants that aren't stretchy - the summer 2021…
Beat Your ‘Revenge Shopping’ Summer Debt
The joy of yelling at your friends over the roar of a crowded bar, the dizziness of seeing the world rushing under you from the seat of an airplane, the strangely awkward feeling of wearing pants that aren't stretchy - the…
Retiree billed $ 4,442 for 5 months of water, Watercare threatens debt collectors
Watercare threatened to unleash debt collectors on an 80-year-old retiree after claiming she had amassed a $ 4,442 water bill in just five months.
The Auckland-owned company told Sujuan - who lives alone and asked…
35% of millennials say student loan debt keeps them from buying a home: survey
Are your monthly debt payments preventing you from reaching financial goals like buying a home? You're not alone. See how you can reduce your debt and lower your student loan balance to achieve the American dream o (iStock)…
debt crisis, bond default and investor risks
The Emerald Bay residential project developed by China Evergrande in the Tuen Mun district of the New Territories in Hong Kong, China on Friday July 23, 2021.Lam Yik | Bloomberg | Getty ImagesChinese real estate giant Evergrande is on the…
RIP medical debt, TransUnion relieves $ 5 billion in medical debt
RIP Medical Debt, a non-profit organization that buys and cancels medical debt, and TransUnion Healthcare, the branch of the credit bureau for managing the healthcare revenue cycle, have jointly relieved more than $ 5 billion in medical…
IGP will support AMCON’s debt collection campaign
The Inspector General of Police (IGP), Mr. Usman Alkali Baba, assured the Asset Management Corporation of Nigeria (AMCON) of the collaboration of all the Deputy Inspectors General of Police (AIG) as well as the Police Commissioners (CP) in…
NCAA sets new conditions for issuance and renewal of AOC – the Sun Nigeria
Through Chinelo Obogo
Director Nigerian Civil Aviation Authority (NCAA) General Captain Musa Nuhu revealed that new and existing domestic air operators would now be required to sign a tripartite…
It’s Time to Submit Comments for the New California Debt Collection Licensing Act Regulation |…
Last month, the California Department of Financial Protection and Innovation (the "DFPI") issued a notice inviting comment on its second regulation regarding the rules that will be enacted under the new California Debt Collection Licensing…
Moody’s says Perrigo acquisition adds to Irish tax concerns
Rating firm Moody's turned negative on the creditworthiness of over-the-counter drug group Perrigo, saying a $ 2.1 billion (€ 1.78 billion) acquisition closed this week adds to concerns caused by a…
White House calls for over $ 30 billion for disaster relief, Afghan refugees
The other fixes requested are technical errors, correcting previous laws. For example, the administration identified a need reported by the US Courts Administrative Office to correct a provision that could deny trustees in Chapter 7…
Opposition Says Plan to Sell NWC Debt to Collection Agency is Ill-advised | New
The opposition says it is opposed to a decision by the state-owned National Water Commission (NWC) to sell part of its debt to a collection agency.
NWC Chairman Mark Barnett told a quarterly news briefing yesterday…
Top headlines of major South Korean newspapers
SEOUL, Sep 01 (Yonhap) - Here are the headlines of major South Korean newspapers from Sep 1Korean dailies- "Further Discussions Through 8-Member Advisory Group", Parties Slow Media Bill (Kyunghyang Shinmun)- Moon's government splurges…
FTC Says Debt Withdrawn Count Towards Merger Threshold
Law360 (Aug 27, 2021, 6:05 p.m. EDT) - The Federal Trade Commission has taken another step to tighten its merger review process, advising companies considering reporting a transaction that they must account for any repaid debt in the…
National Service Bureau, Inc. implements Gigaforce
SUNNYVALE, Calif., Aug. 24, 2021 (GLOBE NEWSWIRE) - Gigaforce, an InsurTech provider of a SaaS-based, blockchain-optimized complaints platform, is pleased to announce that National Service Bureau, Inc. (NSB) successfully set up the…
PBOC and CBIRC pressure Evergrande to resolve debt risks
Evergrande must actively diffuse debt risk and keep the real estate and financial markets stable, the PBOC and CBIRC said in a rare joint statement.
The People's Bank of China (PBOC) and China Banking and Insurance Regulatory…
Emerging fiscal risks: not a black swan, but a gray rhino
I I am pleased to share with readers excerpts from a note sent in September 2020 to GlobalSource Partners subscribers upon the release of the Development Budget Coordinating Committee (DBCC FRS) Budget Risk Statement. Christine…
Black farmers at risk of extinction fight over $ 5 billion in promised aid
Congressional aid to disadvantaged farmers which was authorized at the start of the year as part of President BidenJoe BidenBriahna Joy Gray: Progressives Should Celebrate Passage of Budget, Stay Focused on Fight Officials are still looking…
What Biden’s recent student loan actions mean for borrowers
WASHINGTON, DC - AOT 05: US President Joe Biden attends a ceremony where he signed a bill ... in honor of law enforcement, in the White House Rose Garden on August 5, 2021 in Washington, DC. (Photo by Win McNamee / Getty…
Biden extends COVID relief for student debt until January 2021
The Biden administration has extended student debt relief in the event of a pandemic until Jan.31, 2022, the Education Department said on Friday. Driving the news: The Education Department said this was the final extension of the federal…
Here’s what you need to know about the new deportation ban
For many Americans, COVID-19 has turned their lives upside down: they lost their jobs, and with it, the ability to pay their rent.
While eviction is usually traumatic, eviction during a pandemic adds new layers of peril: Evicted…
Bundled commercial real estate loans hit sales record
Sales of securities backed by riskier commercial real estate loans hit a record high, highlighting investor demand for higher yielding debt and expectations of a recovery in commercial real estate.
Loan bonds secured by…
AmeriLife partners with your family bank
CLEARWATER, Florida, July 23, 2021 / PRNewswire / - AmeriLife Group, LLC ("AmeriLife"), a national leader in the development, marketing and distribution of life insurance and health insurance solutions, has acquired The Mailing House, LLC,…
CT state college system cancels $ 17 million in community college student debt amid pandemic
HARTFORD - Connecticut state colleges and universities will write off $ 17 million in debt that community college students have accumulated or have been unable to repay due to the COVID-19 pandemic.The CSCU announced on Tuesday that the…
Legislative Assembly votes in favor of IMF loan to Costa Rica –
The Legislative Assembly approved, in a second debate, the $ 1.778 billion loan from the International Monetary Fund (IMF) to Costa Rica.
Forty-four MPs voted for, seven against and six abstained in Monday's vote.
"I thank MPs for approving…
“Too easy” for crooks, says man whose identity was stolen to open a loan account, buy…
Neill Bryce is shocked at how easily a crook has stolen his identity to take out loans on his behalf. The Lower Hutt electronics developer discovered that someone had opened a Humm buy now, pay later account in their name when a debt…
The pandemic has created a mountain of medical debt – here’s who is facing these bills
First, the pandemic has hit families with a double stroke of illness and massive unemployment. Now, as the country sees signs of economic recovery, a new survey highlights the continuing hits of the pandemic: growing…
EMEA Morning Briefing: Equities on the Rise, Economy -2-
AMC shares rose nearly 8%, erasing losses from the start of the day, when they fell nearly 6% in pre-market trading. The stock has fallen more than 20% so far this week, making it one of the biggest losers as a searing rally in…
EFCC is not a debt collection agency – Bawa
Abdulrasheed Bawa, President of the EFCC
By Moji Eniola
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa, warned members of the public not to drag the commission into business deals gone…
Kaseya, the software company hacked to distribute ransomware, already had security vulnerabilities
For 21 years, software company Kaseya worked in relative obscurity - at least until cybercriminals exploited it in early July for a massive ransomware attack that harassed businesses around the world and escalation of US-Russian diplomatic…
SCV Water Board will resume face-to-face meetings on September 7
The Santa Clarita Valley Water Agency board of directors voted by 7-5 Tuesday to return to face-to-face meetings on September 7.
The September date is later than the August 3 date recommended by Board Chairman Gary Martin in a…
Biden administration cancels $ 55.6 million in student loan debt for fraud victims
The Biden administration is writing off $ 55.6 million in student loan debt for victims who were defrauded by three for-profit institutions. The education department said in a statement on Friday that he canceled the debts of 1,800…
Why the Covid crisis must push credit rating agencies to review their methods and fight against bias
Illustration: Ramandeep Kaur / ThePrint
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The methodology of credit rating companies puts a country trying to get out of the Covid-19 pandemic at a standstill.
If a…
Corporate Ladder: Your Weekly Guide to Executive Meetings
Symoane Mercurio
Jonathan dodd
Movements in commercial lawSpecial advice Symoane Mercurio was elevated to director of commercial law…
KBRA assigns an AA- rating to the Salt Lake City, Utah Airport Tax Obligations (Salt Lake City…
NEW YORK--(COMMERCIAL THREAD) - Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA- with a stable outlook to Airport Bonds in Salt Lake City, Utah (Salt Lake City International Airport), Series 2021A (AMT) and Series…
VA to Reduce Technical Debt for ‘First Time’ in FY2022 – MeriTalk
The Department of Veterans Affairs (VA) estimates that it has enough IT funds this year to slowly begin reducing its technical debt for the first time, agency executives said today at a hearing of the House Committee on Veterans Affairs for…
California DFPI Releases Proposed Regulatory Update on …
California's Commissioner of Financial Protection and Innovation (DFPI) Proposed Amendments to a Regulatory Notice to Adopt Debt Collection Licensing Act License Application and Debt Collection License Application Procedures .The proposed…
Second wave of Covid derailed hotel industry recovery: ICRA
The second wave of the coronavirus pandemic derailed the recovery of the hospitality industry, which is now only expected to return to pre-Covid levels in 2023-24, according to the ICRA rating agency.
Since mid-April, the industry…
Guidelines for provisional ratings by credit rating agencies
In November 2016, the Securities and Exchange Board of India (SEBI) issued a circular requiring rating agencies to put in place provisional rating policies. In order to “standardize and strengthen provisional ratings…