Debt articles
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Calls to cap student debt indexation after latest rise
Graduates paying back their university debt should be given guarantees their loans will not rise above a certain level, higher education experts say, after another spike in indexation. Debt levels for HECS will increase by 4.7 per cent from June 1, following the release of official inflation figures that highlighted how stubborn prices pressures are. […]
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Debt, Dictatorship and Haiti’s Crisis: It Has Not Always Been This Way
Social disorder. Prisons emptied of violent criminals by gangs looking to rebuild their ranks. Schools, hospitals, and pharmacies targeted for looting and frequently burned. Corpses left rotting in the streets for fear of succumbing to the same fate by attempts to remove them. The capital’s port was captured and ransacked, with famine threatening. Meanwhile, on Haiti’s northern coast, cruise ships still disgorge foreign tourists to the protected (with no shortage of irony) “Columbus Cove Beach.”...
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Canada's Debt Servicing Costs To Surpass GST Revenue
The Canadian federal government has a major debt problem on its hands. Projections included within the 2024 budget released this