Category: debts

  • Ruto’s austerity doublespeak: More debts or spending cuts?

    Despite his earlier directive to the Treasury to cut Kenya’s total spending for the current financial year by Sh346 billion, President William Ruto on Sunday claimed that the country’s borrowing will increase by Sh1 trillion after the withdrawal of the Finance Bill 2024. “We have dropped the Finance Bill. What…

  • Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts

    Dodger superstar’s confidant pleaded guilty to stealing $17 million from the power hitter to cover debts

    A translator for Los Angeles Dodgers star Shohei Ohtani has agreed to plead guilty to criminal charges after secretly transferring about $17 million from the player’s account to pay off gambling debts. The US Justice Department said on Wednesday that Ibei Mizuhara incurred the debt through an illegal betting operation,…