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They are calling it Black Monday in Sudbury. The Northern Ontario city, made famous by its nickel mines and a Stompin’ Tom Connors ode to its raucous Saturday nights, is reeling from this week’s announcement of massive cuts at struggling Laurentian University.
Everyone is rightly looking for someone to blame for the financial mess that led Laurentian’s current administration to fire more than a quarter of the university’s professors and eliminate dozens of programs, from mathematics to midwifery. After filing for court protection from its creditors in February – a first for a publicly funded Canadian university – Laurentian this week broke another major taboo of higher learning by handing out pink slips
The 2021 FCI contracting charges guide shows an average price increase of 4%.
Contracting charges for the year ahead are up by 4% on average across all operations, according to the annual guide published by the Association of Farm & Forestry Contractors in Ireland (FCI).
The association emphasises that this is only a guide and that charges may vary considerably. These charges are compiled by collating an average figure for each operation from a panel of FCI members from across Ireland.
FCI noted that contractors will be quoting a 4% increase on last year’s charges to cope with increasing labour, insurance and machinery costs.
iTWire Thursday, 15 April 2021 12:22 Square to roll out lending program for Australian market
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Card payments company Square is set to roll out Square Loans in Australia, a program designed to help small businesses grow by giving them quick and simple access to funds.
Square says Australia will be the first global market, outside of the US, where it will launch its lending product.
“It’s no secret that small businesses in Australia have historically faced huge hurdles when it comes to accessing formal forms of funding,”
said Samina Hussain-Letch, Head of Industry & Payments at Square Australia
. “They’re often forced to pour over piles of paperwork, provide years of financial information, and put up personal guarantees that can be riddled with red tape.”
By Reuters Staff
1 Min Read
FILE PHOTO: A man reads a newspaper as he walks in Buenos Aires financial district, Argentina, April 18, 2016. REUTERS/Marcos Brindicci/File Photo
BUENOS AIRES (Reuters) - Argentina’s Buenos Aires province said on Monday it would extend the deadline for its $7 billion foreign debt restructuring until April 23, amid rising tensions with creditors after a year of negotiations that have failed to reach an agreement.
Reporting by Adam Jourdan