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EDITORIAL: Ramaphosa must address municipal debt crisis
06 Feb 2025 03:04 GMT
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 …
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British capitalism even more bankrupt than the Bank of England admits
10 Feb 2025 00:09 GMT
… spent bailing them out of bankruptcy, and certainly not refusing to … , the third cause of the debt crisis identified by Halligan, public sector … it crashes into recession and bankruptcy. Workers will never accept being …
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Debt crisis taking toll on mental health of British Columbians: study
20 Jan 2025 20:06 GMT
Debt is wreaking havoc on the mental and physical health of British Columbians, with more than three-quarters of residents saying their mental health has suffered due to financial struggles, according to an annual debt study.
The survey, released Monday by …
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Experts: Will ThorChain’s RUNE Bounce Here or Crash Amid Bankruptcy Fear?
25 Jan 2025 17:01 GMT
… light after its $199M debt crisis. The crypto community has … include the protocol to face Bankruptcy. In simple terms, … on ThorChain recovery and bankruptcy possibility, Neuner and a … or boom depending on its bankruptcy and restructuring plan.
Hypothetically …
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Karnataka: Financial strain looms as welfare initiatives like Shakti Scheme deepen debt crisis
01 Jan 2025 16:12 GMT
The ongoing financial strain on Karnataka’s state government has raised significant concerns regarding the sustainability of its ambitious welfare initiatives, particularly the Shakti scheme. Reports indicate that the transport department is now compelled …
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Developing Countries Face $29 Trillion Debt Crisis for 2025
16 Dec 2024 17:17 GMT
Emerging market debt has become two-fold in the last 10 years, reaching 29 trillion.
Developing countries, already facing a challenge for 2025, manage increasing interest rates on $29 trillion in debt built up over the past decade.
As reported by the …
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Revealed: Staggering cost to taxpayers of Daniel Andrews bronze statue in Melbourne
08 Feb 2025 22:17 GMT
… budget crunch amid a ballooning debt crisis.
Now senior opposition spokesperson Brad … is responsible for the near-bankruptcy of Victoria and the state …
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7 Financial Benefits Baby Boomers Got That We’ll Likely Never See Again
08 Feb 2025 21:48 GMT
… at all. Unfortunately, the student debt crisis is real for millennials and … contributing reasons people file for bankruptcy.
In 1970, per capita spending …
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The public debt crisis and debt overhang: ‘’no easy way out’’
04 Dec 2024 21:12 GMT
… handling of the Ghana debt crisis, should have rendered unreservedly … been plunged into virtual bankruptcy. Today, the Ghanaian … to her current public debt crisis. According to the IMF … business conditions deteriorate and bankruptcy becomes more likely. On …
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BuzzFeed Is Facing a $124 Million Debt Crisis
04 Dec 2024 11:40 GMT
… facing a potential $124 million debt crisis related to funds it raised … the funds or potentially declare bankruptcy.
“We currently do not have …