Treasury Secretary Janet Yellen on Sunday reaffirmed the legality of the Group of Seven (G7) $50 billion loan to Ukraine and touted the strong alliance between the Western countries. “There is no sense at all in which it’s theft,” Yellen told ABC News’s Jonathan Karl when asked on “This Week” whether she has concerns about […]
Jun. 15—CARL JUNCTION, Mo. — The Carl Junction School District will receive a $1 million low-interest loan from the Missouri Department of Natural Resources’ Energy Loan Program, the agency announced last week. The loan will assist the school district with an energy efficiency project that includes upgrading school buildings to LED lighting. The project will […]
G7 leaders have agreed to engineer a 50 billion-dollar (£39.5 billion) loan to help Ukraine in its fight for survival. Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. Details of the deal were being hashed out by G7 leaders at their summit in Italy. The money could reach […]
LOS ANGELES (AP) — Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it’s been much of this year. The rate fell to 6.95% from 6.99% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged […]
BARI, Italy — President Joe Biden and his counterparts from the wealthiest democratic nations reached a deal Thursday to give Ukraine a $50 billion loan this year backed by frozen Russian assets, signaling a sustained commitment to beat back Russia’s invasion, U.S. officials said. As Ukraine struggles to preserve its independence amid Russia’s assault, the […]
BORGO EGNAZIA, Italy (AP) — The United States and European countries have agreed to lock up sanctioned Russian assets until Moscow pays reparations for its invasion of Ukraine, a senior U.S. official said Thursday. The move clears the way for leaders to announce a $50 billion loan package for Kyiv at the Group of Seven […]
Jun. 12—The city of Meridian is looking to the state’s Drinking Water Systems Improvements Revolving Loan Fund to help fund improvements at the north freshwater treatment plant as the City Council is set to vote on approving the application for the loan in its next regular meeting. In a work session Tuesday, Jason Gault of […]
ISLAMABAD (AP) — The World Bank said Tuesday it has approved $1 billion for the construction of Pakistan’s biggest Dasu hydropower project, which is being built in the country’s northwest with China’s help. The loan would be used to expand the hydropower electricity supply and improve access for local communities, the bank said in a […]
Season 14 of Real Housewives of New Jersey promised fans a different type of drama. No longer would Teresa Giudice be feuding with her brother, Joe Gorga, and his wife, Melissa Gorga. Their relationship was trashed just like Melissa’s sprinkle cookies. And Teresa married her prince, Luis Ruelas, and the duo vowed to stay in […]
Insights from Politico, the Financial Times, and the Atlantic Council The News The European Union is mulling using interest payments from frozen Russian assets to provide Kyiv with a multibillion-dollar loan, with its own budget as collateral, in a move that would allow it to send money to Ukraine independently of the United States. The […]
In the last week before the June 11 primary, state Sen. Dick Harpootlian is using his campaign cash lead to join the television ad battle against state Rep. Russell Ott in the Senate District 26 Democratic primary race. But Harpootlian’s campaign cash lead is buoyed by a $150,000 loan his campaign took out. The race […]
The Thomas F. Eagleton U.S. Courthouse in St. Louis, home of the United States District Court of the Eastern District of Missouri. (Photo by Rebecca Rivas/Missouri Independent) A United States District Court judge in St. Louis heard arguments Monday morning on whether the federal government can continue with a student-debt-forgiveness plan due to begin next […]