Latest National debt News
Kenya's president warns of huge consequences after his effort to address an $80 billion debt fails
NAIROBI, Kenya (AP) — The ballooning debt in East Africa's economic hub of Kenya is expected to grow even more after deadly protests forced the rejection of a finance bill that President William Ruto said was needed to raise revenue. He now warns “it will have huge consequences.” ...
Small businesses could find filing for bankruptcy more difficult as government program expires
NEW YORK (AP) — A type of bankruptcy protection filing that made it easier for small businesses to seek relief has expired, which will complicate filing for small businesses with more than $3 million in debt. The filing type, known as Subchapter V, is cheaper and less...
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