JAKARTA: Indonesia’s “Buy Now, Pay Later” (BNPL) payment system has grown rapidly in recent years. However, its popularity has come with rising concerns over the mounting debt many young consumers accumulate. Financial regulators are now working to …

Robert F. Kennedy Jr., President Donald Trump’s Health and Human Services Secretary-designate, has revealed in financial disclosures that he carries up to $1.2 million in credit card debt. His balances, ranging between $610,000 and $1.2 million, are …

… reconciliation, concerns about a national debt crisis percolate in the background. “Whether …

I want to expand a bit on market liquidity and why modeling it is so crucial to the economy, inflation, and money management. Liquidity is the progenitor of Pento Portfolio Strategies’ Inflation Deflation and Economic Cycle (IDEC) model. It is the primary …

Feb 7, 2025 – 1.03pm Gift this article Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Login Victoria’s “temporary” COVID-19 debt levy slapped on business payrolls and …

The Maharashtra government is contemplating the discontinuation of two major welfare schemes, Shiv Bhojan Thali and Anandacha Shidha, as part of efforts to address the state's growing financial challenges. Chief Minister Devendra Fadnavis has directed …

A leading welfare charity is demanding action from energy regulator Ofgem to tackle what it calls a “massive crisis” in household energy debt.  Citizens Advice Scotland (CAS) is calling for a new energy debt relief scheme that would support households …

President’s plan to fix municipalities must start with tackling their debt to Eskom and water boards March and August fast approach: Eskom anticipated that by March, municipal debt to the utility would balloon to R100bn and two key water boards face …

… demon­strat­ed dur­ing the Latin Amer­i­can debt cri­sis of the late 1970’s …