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axios.comA Unesco report found that 113 developing countries spent more on debt servicing than on education last year. Low- and lower-middle-income countries also lost 21 percent of education aid received in 2023, with further cuts projected through 2027.
livemint.comBankruptcy can stop certain collection actions against Social Security benefits, but outcomes depend on the type of debt and creditor. Private creditors generally cannot garnish Social Security directly, while federal obligations follow separate rules.
Ukraine has requested debt relief for companies supporting its defense efforts. A hedge fund investor has opposed the request.
Substrate placeholder — needs reviewBrazil's finance minister announced that workers can use a fund normally reserved for severance pay or property purchases to settle debts. The measure aims to provide financial relief amid economic challenges. Details were reported in the Folha de S.Paulo newspaper.