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Local News

Severe Security Lapses in Sri Lanka's Treasury Payment Systems Sparks Urgent Audit.

May 16, 2026 at 7:49 PM

The diversion of $2.5 million from a state foreign debt payment has triggered a national debate regarding the security and verification protocols governing Sri Lanka's high-value government transactions.

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Local News
Sri Lanka Government Clears Air on $2.5 Million Cyber Fraud Impact on Debt Status

Sri Lanka Government Clears Air on $2.5 Million Cyber Fraud Impact on Debt Status.

May 5, 2026 at 7:44 AM
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Local News
Uncovering the $2.5 Million Finance Ministry Heist and Subsequent Institutional Crisis
Image Source : buzzer.lk

Uncovering the $2.5 Million Finance Ministry Heist and Subsequent Institutional Crisis.

May 2, 2026 at 7:51 PM
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Local News

Analysis: Why Sri Lanka’s $2.5 Million Debt Payment Divergence Was Likely a Process Failure.

Experts suggest the diversion of a $2.5 million sovereign debt payment was likely a Business Email Compromise (BEC) rather than a complex cyber-attack, highlighting critical gaps in financial verification processes.

April 24, 2026 at 12:18 AM
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US Education Officials Signal End to Broad Student Loan Forgiveness, Prioritize Repayment Systems
Image Source : b17news.com
Education•
April 23, 2026 at 6:16 PM

US Education Officials Signal End to Broad Student Loan Forgiveness, Prioritize Repayment Systems.

The U.S. Department of Education has clarified that broad student loan forgiveness programs are off the table, with officials focusing instead on restructuring repayment systems and transitioning millions of accounts to the Treasury Department.

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International Relations

Scholar Challenges Western 'Debt Trap' Narrative Surrounding China's Belt and Road Initiative.

April 23, 2026 at 11:00 AM

Iraqi-Swedish scholar Hussein Askary disputes Western allegations that the Belt and Road Initiative (BRI) traps developing nations in debt, arguing that Western financial institutions are the true source of debt crises.

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Scholar Challenges Western 'Debt Trap' Narrative Surrounding China's Belt and Road Initiative
Image Credit : lse.ac.uk
Japan
Japanese Opposition Demands Five-Year Fiscal Consolidation Roadmap
Image Source : nippon.com

Japanese Opposition Demands Five-Year Fiscal Consolidation Roadmap.

April 20, 2026 at 2:24 AM
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United States
The Hidden Risks of Private Student Loans: A Growing Crisis for Borrowers
Image Source : cnbc.com

The Hidden Risks of Private Student Loans: A Growing Crisis for Borrowers.

April 19, 2026 at 9:12 AM
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Economy
Angola Targets Mid-Year Finalization of $400 Million Debt-for-Education Agreement
Image Source : panafricanvisions.com

Angola Targets Mid-Year Finalization of $400 Million Debt-for-Education Agreement.

April 17, 2026 at 11:00 AM
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Global Debt Relief: Private Creditors Adopt Payment Pauses for Distressed Nations
Image Source : fitchratings.com
Global Finance•
April 16, 2026 at 6:03 PM

Global Debt Relief: Private Creditors Adopt Payment Pauses for Distressed Nations.

Private bondholders are increasingly embracing debt-service suspension mechanisms to provide liquidity relief to emerging markets facing severe fiscal distress, a shift necessitated by rising global interest rates and restricted market access.

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Finance

Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction.

April 16, 2026 at 10:36 AM

As tax season arrives, many Americans are shifting their focus from spending to financial stability, with a significant number using their tax refunds to tackle high-interest debt and improve long-term financial health.

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Strategic Use of Tax Refunds: Why More Americans Are Prioritizing Debt Reduction
Image Credit : gobankingrates.com
Education
Millions of Student Loan Borrowers Face Financial Strain Following SAVE Plan Termination
Image Source : studentloanplanner.com

Millions of Student Loan Borrowers Face Financial Strain Following SAVE Plan Termination.

April 5, 2026 at 11:07 AM
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