Somalia on Wednesday secured a $4.5 billion debt relief deal with international creditors. The deal is part of the Heavily Indebted Poor Countries initiative, a debt forgiveness program overseen by the International Monetary Fund and World Bank. Somalia’s current national debt exceeds
Prince Harry received a bill of nearly £50,000 pounds (more than $60,000) at a “terrible time of year”, a royal expert has claimed. The Duke of Sussex has been ordered to fork out in legal fees to the publisher of the Daily
Keir Starmer’s green investment scheme could set government debt back another £20billion, Tory party analysis has found. The Labour Party has pledged to spend £28billion on green initiatives including achieving energy independence for the UK and creating more green jobs. But the
Thailand’s largest department store owner, Central Group, has taken control of the iconic luxury Selfridges department stores after it was hit by a cash crunch. Central Group and Rene Benko’s Austrian real estate company, Signa Group, bought Selfridges in 2021 in a
Kenya announced Wednesday a sharp increase in passenger fares on the Chinese-built Standard Gauge Railway as the country struggles with repaying loans owed to Beijing and others along with higher fuel prices. State-owned Kenya Railways said in a statement that the 290-mile
Theodore Roosevelt, president, soldier, hunter, author and conservationist, was born on this day in 1858. Those of us who enjoy our days afield, regardless of pursuit, owe the 26th president of the United States a debt of gratitude. Said Teddy Roosevelt, “Of
A new poll has found voters want Prime Minister Rishi Sunak to do more to support his main priorities. Voters said they thought Sunak was doing a “bad job” in delivering his hot topics as he prepares to address the Conservative Party
The world economy has been put on red alert with a warning the huge £26trn debt drowning the US could have “enormous ramifications” for the rest of the globe. US federal debt has exploded to an eye-watering figure for the first time
Thai man Sanit Dokmai, who allegedly killed his wife and two young boys, has been charged with premeditated murder. The alleged attempted murder-suicide may have been driven by a loan scam that put the family in a massive debt of $48,000. Thailand,
An illegal immigrant who racked up £170,000 in debt entering the UK then became a cannabis farmer has been jailed. Tam Nguyen was busted tending to the £140,000 drugs den just a year after he was jailed for committing the same crime.