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Friday, February 13 2026
Australian Personal Insolvency Spike Reflects Ongoing Economic Pressure
Recent research from the Australian Financial Security Authority (AFSA) has unveiled a jump in personal insolvencies during December 2025, with a total of 1,063 new personal insolvencies being recorded over the month,…
Friday, February 13 2026
South African Sugar Maker Tongaat Hulett on Brink of Collapse, Again
Tongaat Hulett, a 134-year-old South African sugar maker, is on the brink of collapse again as its administrators prepare to place the firm into provisional liquidation, MoneyWab.co.za reported. The joint practitioners for…
Friday, February 13 2026
Central Alberta Town Faces Uncertain Future as It Drowns in Debt and Faces Potential Insolvency
The central Alberta community of Gibbons’ status as a town hangs in the balance as a series of bad financial decisions have jeopardized its future and left it hurtling towards insolvency, according to the town’s mayor and council…
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