By Cindy Wooden, Catholic News Service • Posted June 24, 2025 VATICAN CITY (CNS) — The Holy Year 2025 can have a lasting impact on the world’s poorest countries if governments and international institutions embrace a key element of the biblical concept of jubilee by forgiving, restructuring or pausing foreign debt repayments, said a report
Magenta Light, the upstart production and distribution company founded by Oscar winner Bob Yari, has set a dynamic partnership with Evoke Entertainment and Freefall Films. The multi-year agreement will cover co-production, co-financing and theatrical distribution for indie films, both domestic and worldwide. The joint venture will kick off with a goal of four features per
From looking at the stock market this week, you wouldn’t think that the United States intervened in a military conflict in the Middle East over the weekend. Monday saw some dips and slight drops, but the market rebounded and closed up almost 1%. So far on Tuesday, markets are surging, with the S&P 500 hitting
PETALING JAYA: The Finance and Health Ministries have set up a joint ministerial committee on private healthcare costs to guide and monitor initiatives aimed at reducing private healthcare costs and medical inflation. The committee will include representatives from both ministries and Bank Negara Malaysia supported by a consultative council comprising key stakeholders in the private
The scale of Germany’s ambitions to radically expand defense and infrastructure spending have raised thorny questions about how such spending can be reconciled with EU fiscal rules that Germany — previously a fiscal hawk — had long pushed for. Since March, however, Germany has led a concerted pushed for a loosening of those rules to
This story was originally published by The Guardian and appears here as part of the Climate Desk collaboration An innovative plan to use public money to back renewable energy loans in the developing world could liberate cash from the private sector for urgently needed climate finance. Avinash Persaud, a special adviser on climate change to
Under the five-year Pre-sale Finance Guarantee, the NSW Government will leverage its strong fiscal position to go guarantor on up to 50 per cent of approved housing projects so developers can begin construction. The Government will guarantee residential pre-sales for up to $1 billion of housing projects at a time through a revolving fund. The
The decision marks a shift from the earlier mandate, which required SFBs to dedicate 75% of their lending towards sectors classified under PSL. Of this, 40% had to be mandatorily allocated to specific sub-sectors like agriculture, micro-enterprises, education, housing, and others, while the remaining 35% could be channelled flexibly into any PSL sub-sectors where the
COLLEGE STATION, Texas (KBTX) – When Texas A&M President Mark Welsh hired athletic director Trev Alberts in March of 2024, it was Albert’s business sense that checked the ultimate box. Welsh, along with anyone else in college athletics, knew that kind of experience would be paramount at exactly this point in college sports history. “He
As the Senate Finance Committee’s reconciliation package continues to make its way through the Senate process, a review of its key provisions as compared to the House-passed version offers some helpful insights and exposes some glaring omissions. The Senate Finance bill follows the House-passed reconciliation bill in a number of ways. First, like the House