via thecollegefix A U.S. senator has introduced legislation that seeks to require colleges and universities to pay 50 percent of student loan balances that go into default. Missouri Republican Senator Josh Hawley introduced the “Make the Universities Pay Act” on Sept. …
*CHINA URGES EVERGRANDE FOUNDER TO PAY DEBT WITH PERSONAL WEALTH All $300BN of it? — zerohedge (@zerohedge) October 26, 2021 Global financial crash warning: China fears debt default after poor firm management With China’s Evergrande company facing economic turmoil, Beijing has now admitted some firms …
by confoundedinterest17 Not exactly a shocking headline since Argentina apparently loves to default on its foreign debt … or at least threaten to default. (Bloomberg) — Argentina is unable to repay its $45 billion debt with the International Monetary Fund under current …
by Dr. Eowyn No good deed goes unpunished. A private Italian ship answered a distress call and rescued 67 “migrants” off the coast of Libya. But when the ship tried to hand over the “migrants” to the Libyan coast guard, …