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The last of the pandemic-era forbearance ended in September 2023; defaults began to appear on credit records in the first ...
If the picture appears bleak for America’s graduates, it is bleaker still for Uncle Sam. Student lending was once profitable for the federal government. Now it loses 25 cents on every dollar lent. All ...
Support for developing countries should focus on grants and highly concessional loans for the poorest and fragile countries ...
As Wall Street puts April's tariff shakeout in the rearview mirror and indexes set record highs, investors remain wary of U.S ...
In this climate, Gold is regaining its relevance, not only as a hedge against systemic risks, but also as a strategic tool ...
Economic news is increasingly hard to follow these days, mainly because it changes so fast and it gives so many mixed signals ...
Seeing him struggle, a friend lent Chan HK$180,000. The loan enabled him to break the cycle of borrowing and sinking deeper ...
Indian households have increasingly splurged on credit. Government data shows that they have been saving less than before and turned to loans more often ...
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AllAfrica on MSNAfrican Refugees Bear the Brunt of Shifting Global PoliticsOn World Refugee Day, displaced Africans face the worst conditions yet as conflict and disasters increase, aid plummets and borders tighten.The number of displaced Africans has doubled since 2018. For ...
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The Business & Financial Times on MSNEffects of money laundering on the economyBy Sophia Kafui TEYEMoney laundering is a global financial crime that is frowned at by many states.Money laundering has become a critical global challenge with far-reaching consequences, not only for ...
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The Gulf, led by behemoth Saudi Arabia, issued just over 40% of CEEMEA debt, bankers said, as companies and countries took ...
Economic stories are often built on data. This information can shape how the public understands financial conditions, ...
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