Global

China has canceled the debt of some African countries

In mid-August, the Chinese Foreign Ministry surprised the world with a series of announcements. Wang Yi, Beijing’s top diplomat, has promised major debt relief for some of the world’s poorest countries. The announcement was made at the ministerial meeting of the Forum for China-Africa Cooperation. In addition to increase food on the mainland, Wang pledged

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Global

Times Podcast: Less Debt, More Mid-Term Love for Democrats?

About the time “The Times” is produced by Shannon Lin, Denise Guerra, Kasia Brousalian, David Toledo and Ashlea Brown. Our editorial assistants are Madalyn Amato and Carlos De Loera. Our engineers are Mario Diaz, Mark Nieto and Mike Heflin. Our editor is Kinsee Morlan. Our executive producers are Jazmin Aguilera, Heba Elorbanyand Shani Hilton. And

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Biden plans student debt relief announcement on Wednesday

WASHINGTON- President Biden intends to announce his long-delayed decision on canceling some student debt on Wednesday. Biden has yet to finalize the details of his plan, but any choice he makes on the contentious issue is likely to draw criticism from both parties and risks shifting the political winds that have recently begun to blow

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Forgiveness of nearly $4 billion in federal student loan debt from ITT Tech

Nearly $4 billion in student loans will be forgiven for 208,000 former students of the for-profit ITT Technical Institute, the U.S. Department of Education announced Tuesday. The decision was made after federal investigations revealed that the school, which arrested in 2016had defrauded hundreds of thousands of students with false claims about their ability to get

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