Babylon Finance announced it was closing down after failing to recover from the Rari Hack and the crypto winter. “Despite our efforts, we haven’t been able to revert the negative … Read more
JPMorgan has ordered the sale of the $75-million superyacht linked to a sanctioned Russian billionaire, attracting 63 bids at an auction in Gibraltar. The Office of the Admiralty Marshal in … Read more
United States President Joe Biden announced Wednesday a student loan debt plan that cancels up to $20,000 in student debts. “In keeping with my campaign promise, my Administration is announcing … Read more
Indonesia is expected to see more business loans this year as result of improving economic activity, central governor Perry Warjiyo said on Friday. Warjiyo told an online briefing that Indonesia’s … Read more
International Monetary Fund (IMF) Managing Director Kristalina Georgiev said Wednesday that the anticipated loan program for Egypt is to support the country’s social protection system amid rising food and energy … Read more
The International Monetary Fund (IMF) sees that a Russian default on its debts has become more than likely, but would not trigger a global financial crisis, the international lender’s head … Read more
Mexican President Andres Manuel Lopez Obrador on Thursday urged Argentina to accept a new $45 billion deal with the International Monetary Fund (IMF) to avoid defaulting on its debt. “This … Read more
The Asian Development Bank (ADB) has approved a $162 million loan that will electrify 465 kilometers of railway line connecting major urban centers in western Uzbekistan, improving railway services and … Read more
Indian investors have funded clean energy projects more than coal-based ones for a third straight year in 2020 as more lenders reduce funding for fossil fuels. Renewable energy projects received … Read more
The United States Department of Education announced on Aug. 19 that it will automatically erase student loans debt for over 323,000 borrowers with severe abilities. The move will cancel over … Read more