debt

US Woman Claims Indian Students Pursuing Masters in the US Are Falling for a Debt-Inducing Scam

16 Nov 2024

A 26-year-old American woman recently shared her views on Reddit about the rising number of Indian students enrolling in Master’s programs at U.S. universities. In a post that garnered significant attention, she voiced concerns that many of these students might be unknowingly pursuing a path she described as misleading. Drawing...

Is Pakistan Considering Selling Its Debt-Stricken National Carrier, PIA, to Qatar?

15 Nov 2024

Pakistan is reportedly considering selling its debt-ridden national airline, Pakistan International Airlines (PIA), to a foreign government, with Qatar and Abu Dhabi identified as potential buyers. This move is part of Pakistan's broader effort to privatize state-owned enterprises, including PIA, to secure much-needed revenue under its $7 billion International Monetary...

Pakistan International Airlines to Be Privatized by October 1: Official

30 Aug 2024

The privatization of Pakistan International Airlines (PIA), which has been struggling with substantial debt, is set to be completed by October 1, according to Usman Akhtar Bajwa, Secretary of the Privatisation Commission. Bajwa shared this update during a Senate Standing Committee on Privatisation meeting, as reported by Dawn. PIA's financial...

UK Student Debt Soars, Over 1.8 Million People in Significant Loan Burden

02 Jul 2024

Data obtained by BBC News has unveiled a stark reality of student debt in the UK, with almost 1.8 million individuals now owing at least £50,000. Figures from the Student Loans Company (SLC) further highlight that more than 61,000 people carry debts exceeding £100,000, while a smaller cohort of 50...

The Downfall Of FC Barcelona: A Once Great Football Club, Now In Ruins

11 Jun 2024

The origins of Barcelona's financial woes can be traced back to 2010, a year that marked the end of Joan Laporta's presidency due to term limits. Rosell's Presidency Tenure The end of Joan Laporta's presidency brought in Rosell. While Laporta was essentially taking suggestions from Cruyff and delegating them to...

Recovering a Business Debt in the UK: A Comprehensive Guide

10 Nov 2023

If you are a business owner or manager, chances are you have encountered difficulties with recovering a business debt at some point. It is an unfortunate reality that not all clients or customers pay their bills on time, and this can result in serious financial problems for your business. In...

Pakistan’s total debt in first quarter surges to Rs. 12 trillion

18 Nov 2022

In the first quarter of the current fiscal year, Pakistan's total debt and liabilities increased by 12 trillion Pakistani Rupees (Rs), or 23.7%, as a result of a loan commitment from the IMF and the depreciation of the rupee. The debt and obligations for the fiscal year 2022–2023 in July–September...