You may have noticed over the last few days that the political world is in an uproar over President Biden's dispensing of student debt relief. It's not so much that Biden implemented the relief program at all; what got politicians and pundits in a tizzy was that he called out the GOP naysayers in the House by pointing out that many of them had received business loans via the pandemic-era Paycheck Protection Program, or PPP, that had never been paid back. The White House tweeted out the forgiven...
Chief economist says common framework has failed to provide any new money to world’s poorest countries since it was set up in 2020The mechanism for providing debt relief to the world’s poorest countries is failing to produce results and requires a major rethink, a senior official at the World Bank has said.Indermit Gill, the bank’s chief economist, said that after four years the G20’s common framework – designed to speed up and simplify debt restructuring – had not provided a single dollar of...
Finance Minister Dr Mohammed Amin Adam has revealed that the bilateral creditors through the Official Creditor Committee have shared the draft document on Ghana’s debt restructuring with members for consideration. The Finance Minister added that this could lead to an agreement on the Memorandum of Understanding MOU being reached soon when this draft is shared […]
“I was shocked to learn that medical debt was the number one cause of personal bankruptcy. This, along with the desire to help our neighbors across Hawaii, convinced our group that eliminating the medical debt hanging over many of them."
The White House on Friday announced it will cancel another $7.4 billion in student loan debt, the latest in a string of loan forgiveness initiatives as President Joe Biden looks to take on Republican presidential nominee Donald Trump this fall.
The sails of the landmark red windmill atop the Moulin Rouge, the most celebrated cabaret club in Paris, fell to the ground overnight in the early hours of Thursday, much to the sorrow of tourists, Reuters reports. “The Moulin Rouge, in 135 years of history, has experienced many adventures but it is true that for …
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The windmill on top of the world famous Moulin Rouge cabaret club in Paris
Sails of the landmark red windmill atop the Moulin Rouge on the ground (Picture: Reuters) Blades of the red windmill atop the Moulin Rouge, the infamous cabaret club in Paris, have collapsed. Moulin Rouge – best known by many as the birthplace of the modern form of the can-can dance – is one of the most important landmarks in the French capital. This is why pictures of he iconic red sails crashed onto the street in Montmartre shocked Parisians and tourists alike. It is understood...
PARIS (Reuters) - The sails of the landmark red windmill atop the Moulin Rouge, Paris' most famous cabaret club, fell to the ground overnight in the early hours of Thursday, a venue spokesperson said."We don't know what happened, it occurred between 02:00 and 03:00 am, no one was hurt," the spokesperson said, adding the night's last show had finished at 01:15 am.Moulin Rouge is best known by many as the birthplace of the modern form of the can-can dance. The club was founded in 1889 and the...
A Pennsylvania school district canceled a speech that author Maulik Pancholy was slated to give at a middle school's anti-bullying assembly.