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Private Credit Strains Are Keeping Advisors Busy
Private Credit Strains Are Keeping Advisors Busy

Bloomberg

time17-05-2025

  • Business
  • Bloomberg

Private Credit Strains Are Keeping Advisors Busy

Welcome to The Brink. I'm Edward Clark, a reporter in London, where I talked to restructuring advisers dealing with a wave of private credit distress. We also have news on Saks and TalkTalk. Follow this link to subscribe. Send us feedback and tips at debtnews@ Private credit funds are increasingly turning to restructuring advisers to sort out their problem loans, suggesting that while the hot asset class is still raking in capital, there are risks simmering under the surface.

Department of Health hosts 3rd annual April Fest to promote health and resources
Department of Health hosts 3rd annual April Fest to promote health and resources

Yahoo

time05-04-2025

  • Health
  • Yahoo

Department of Health hosts 3rd annual April Fest to promote health and resources

WASHINGTON COUNTY, Fla. (WMBB) – Washington County also received some health education on Friday. The Florida Department of Health in Washington County hosted its third annual 'April Fest' Friday afternoon at the Campbell Park Community Center in Vernon. The goal of the festival was to educate the community, promote health, and bring together community resources for the local area. The health department brought in experts to answer residents' questions and talk to them about various subjects, like nutrition, mental health, pregnancy, and more. Florida's free fishing days return this weekend for residents and visitors Public health scientist Dr. Edward Clark discussed the warning signs of diabetes and how to prevent it. Attendees enjoyed free food and drinks while picking up healthcare pamphlets and information. 'Education, education about people's health and how to be healthier and just bring our communities together and have resources,' Department of Health PIO Sheri Rushing said. Health Department officials are also holding 'Fresh Fest' next weekend at Eureka Square in the Bonifay area. That event will focus on agriculture topics like gardening, beekeeping, and more. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

EQT Faces French Headaches With Colisee and Cerba in Trouble
EQT Faces French Headaches With Colisee and Cerba in Trouble

Bloomberg

time25-03-2025

  • Business
  • Bloomberg

EQT Faces French Headaches With Colisee and Cerba in Trouble

By and Constantine Courcoulas Save Welcome to The Brink. We're Edward Clark and Constantine Courcoulas, reporters in London, where we've been looking at Swedish private equity firm EQT's healthcare bets. We've also got news on 23andMe, Plenty Unlimited and Kaisa. Follow this link to subscribe. Send us feedback and tips at debtnews@ EQT just celebrated a big win in Asia, but the Swedish private equity firm is dealing with some troubles closer to home.

Europe's Russian Gas Retreat Punishes Its Fertilizer Makers
Europe's Russian Gas Retreat Punishes Its Fertilizer Makers

Bloomberg

time15-03-2025

  • Business
  • Bloomberg

Europe's Russian Gas Retreat Punishes Its Fertilizer Makers

By Welcome to The Brink. I'm Edward Clark, a reporter in London, where I looked at how fertilizer makers are struggling against cheap Russian imports. We also have news on Carlyle's investment in iRobot, Cerba and Razor. Follow this link to subscribe. Send us feedback and tips at debtnews@ Europe's beleaguered fertilizer companies are waiting for policymakers in Brussels to throw them a lifeline before it's too late.

A Sinking Island's Bold Plan To Escape Rising Seas: Selling Passports
A Sinking Island's Bold Plan To Escape Rising Seas: Selling Passports

Yahoo

time10-03-2025

  • Business
  • Yahoo

A Sinking Island's Bold Plan To Escape Rising Seas: Selling Passports

Nauru, a tiny Pacific island threatened by rising seas, is selling citizenship in a bold effort to fund climate resilience. The 'golden passport' initiative aims to raise money for relocating 90% of the nation's 12,500 residents to higher ground inland, a project far beyond the nation's financial means. 'We are the world's smallest republic with the world's biggest climate resilience vision,' said Edward Clark, CEO of the Nauru Economic and Climate Resilience Citizenship Program. 'The time for half-measures and incremental change has passed.' (MORE: Climate Change Has Worsened Weather Disasters) With king tides, storm surges and coastal erosion endangering its future, Nauru has partnered with consultant company Henley & Partners to design and run the program. According to the Henley & Partners website, a Nauru passport will cost "a minimum of $130,000 for a single applicant, $137,500 for a family of two to four members, or $145,000 for a family of five or more members," though additional fees may apply. A Nauru passport grants travelers visa-free access to dozens of countries, including Ireland, Singapore, the UAE and the UK. Clark emphasized that only applicants who pass strict financial crime and security checks will be accepted. 'Our program is a way of opening Nauru to the world and enabling citizenship in a nation actively working towards climate resilience," said Clark. (MORE: Extreme Weather Is Forcing Travelers To Change Plans) With this initiative, Nauru is following the lead of Dominica, which has used citizenship sales to fund its goal of becoming the world's first climate-resilient nation by 2030. With traditional funding mechanisms falling short, Nauru's government believes this daring strategy could be key to its survival in an era of accelerating climate change. MORE ON Cities Hiding Popular Landmarks From Tourists World's Largest Coral Found In Pacific Ocean Which Flight Routes Are Most Turbulent?

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