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Indian Family Wipeout Over iPhone: The Dangerous Lure Of Consumer Tech Debt

Young buyers walk into physical retail stores, hand over basic identity documents and walk out with a consumer electronic device that costs more than their entire family's monthly take-home income

Indian Family Wipeout Over iPhone: The Dangerous Lure Of Consumer Tech Debt

We haven't written up this one. NDTV has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at ndtv.com →

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Peru’s Private Investment Jumped 17.6% in the Second Quarter

Peru's private investment grew 17.6% in the second quarter of 2026, helping GDP rise 3.4%. Retail and wholesale trade also expanded, driven by car sales.

  • Peru's private investment grew 17.6% in Q2, marking strongest recovery since 2010.
  • Overall economic growth reached 3.4%, surpassing BCRP's 3.0% forecast.
  • Retail and wholesale trade expanded 7.8%, with car sales boosting consumer demand.

Rio de Janeiro Debt: US$5 Billion Back on the Table

Rio de Janeiro debt talks cover about 26 billion reais, roughly US$5 billion, owed to Banco do Brasil and BNDES. The post Rio de Janeiro Debt: US$5 Billion Back on the Table appeared first on The Rio…

  • Rio de Janeiro seeks to renegotiate US$5.04 billion in bank loans.
  • Governor Ricardo Couto leading debt discussions with major institutions.
  • Potential restructuring could lower interest rates and extend repayment schedules.

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