#debt-crisis
#debt-crisis
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fromFlowingData
4 days agoWhen other countries shunned their data and statisticians
Argentina's case illustrates the severe repercussions of manipulating inflation data. Systematically understating figures led to a loss of faith from the international community, resulting in skyrocketing borrowing costs and a worsening debt crisis.
US politics
UK news
fromLondon Business News | Londonlovesbusiness.com
1 month agoRachel Reeves issued a warning by the OBR over the government's latest U-turns - London Business News | Londonlovesbusiness.com
UK's vulnerability to future crises increases as debt to GDP ratio is projected to soar due to recent U-turns on spending cuts.
#student-loans
Non-profit organizations
fromTruthout
3 months agoWhat Borrowers Need to Know About the Return of Student Loan Debt Collection
Federal student loan repayment penalties return, affecting millions of borrowers.
Financial uncertainty rises as borrowers face potential wage garnishment and withheld tax refunds.
Non-profit organizations
fromTruthout
3 months agoWhat Borrowers Need to Know About the Return of Student Loan Debt Collection
Federal student loan repayment penalties return, affecting millions of borrowers.
Financial uncertainty rises as borrowers face potential wage garnishment and withheld tax refunds.
fromwww.theguardian.com
1 month agoThe global south needs more than tinkering at a conference: debt forgiveness is the only fair way | Kenneth Mohammed
average borrowing costs in Africa are almost 10 times higher than for the US, fueled by perceptions of risk propagated by international credit rating agencies.
US politics
Non-profit organizations
fromenglish.elpais.com
1 month agoThe Nyerere question: Should we really let our people starve so that we can repay our debts'
Many African nations are facing repeat debt crises due to mismanagement and global economic changes.
Debt swaps can offer potential relief and encourage investment in vital public sectors.
The HIPC Initiative's lessons seem forgotten as countries escalate their borrowing.
fromwww.theguardian.com
3 months agoThree ways to help the developing world survive the end of aid | Winnie Byanyima
Countries globally are slashing aid budgets, challenging the longstanding belief that supporting health and development must be a priority for both moral and strategic reasons.
Non-profit organizations
fromNew York Post
3 months agoTrump's crackdown on colleges is a good start - but more is needed to fix higher ed
Education Secretary Linda McMahon nailed it: Higher ed is a downright scam. Her Wall Street Journal column last week announcing an end, as of May 5, to President Joe Biden's student-loan repayment pauses and forgiveness plans should force every taxpayer, official, student and parent to rethink the nation's perverse system of financing higher ed.
Higher education
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