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GETTY Bust the post-Christmas debt with these vital tips from Martin Lewis Mail takes on a demonic hue for many awaiting credit card statements with Christmas’ spending on to land on the doormat. So if your plastic has a festive hangover, don’t ignore it, it’s time to sort it. There are three key rule to […]
The commercial made it seem so easy — “You’re in, you’re out and you’re shopping … what could be better?” But Barbara Litt’s gastric band surgery couldn’t have gone worse. It left her in debt and in pain. And she’s not alone.
Americans are facing a “looming” student loan default crisis that is more serious, and more complex, than previously understood, an analysis of new federal data suggests. Almost 40% of borrowers who entered college in 2004 are likely to default on their loans by 2023, the report predicts. And the impending crisis will hit marginalized students […]
Jacquelyn Martin/AP Bloomberg reported that Chinese authorities were considering slowing or stopping the purchase of US Treasury debt, but China shot it down as “fake news.” Beijing keeps a big share of its $ 3.1 trillion in foreign currency reserves in US Treasury debt, which is considered safe and easy to trade. BEIJING (AP) — […]
Reuters/Arnd Wiegmann Global debt levels hit an unprecedented level in the third quarter of 2017, according to the Institute of International Finance. The IIF cautions that this record debt burden could keep global central banks from tightening monetary conditions in the coming months. Global debt soared to a record $ 233 trillion in the third […]
Reuters/Arnd Wiegmann Global debt levels hit an unprecedented level in the third quarter of 2017, according to the Institute of International Finance. The IIF cautions that this record debt burden could keep global central banks from tightening monetary conditions in the coming months. Global debt soared to a record $ 233 trillion in the third […]
Published time: 29 Dec, 2017 10:22 Britain was urged to write off billions of dollars of Soviet debt in return for nuclear disarmament, declassified documents show. The 1991 plan was designed to stop nukes falling into the wrong hands after the USSR collapsed. Then-British Prime Minister John Major received a letter from Jacques Attali, head […]
A Stockholm arbitration hearing has validated the most important points of Gazprom’s delivery contract with Ukraine, the deputy chair of Russia’s gas giant has said, and Kiev will have to pay despite claiming it has won the case. “The main provisions of the contract were recognized as valid” by the Arbitration Institute of the Stockholm […]
Published time: 16 Dec, 2017 10:08 Statistics from the International Association of Pattern Recognition (IAPR) shows unpaid taxes in Greece currently make up more than 55 percent of the country’s GDP due to the inability of people to pay the rising taxes. Overdue debt to the state has reached nearly €100 billion with only €15 […]
Andrew Burton/Reuters US student debt balances are now around $ 1.3 trillion, about the same size as the US junk bond market. Defaults on student loans are often higher than on other types of debt. Most of the default risk is on the US federal government, which guarantees many student loans. While the investment world’s […]
