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Investment chiefs fret over high debt and liquidity crunch  Financial Times

Investment bosses at fund managers controlling $21tn of assets warn that high levels of corporate debt and tighter liquidity pose a risk to the global economy in ...


Interserve’s vast savings in debt plan  This is Money

Industrial giant Interserve could slash its interest rate bill by as much as £60 million a year if it can persuade its lenders to swap a chunk of its mounting debt pile ...


Betsy DeVos will cancel $150 million in student debt after being sued for delays  CNN

New York (CNN) The Department of Education said Thursday that it would wipe away student debt for 15,000 borrowers, implementing an Obama-era rule that ...


The warm fuzzy feeling of Goldman debt  Financial Times

Some people want high returns from their investments. Others simply want to improve the state of the world. But what if just one of these is not enough. What if ...


Wiping the slate clean: is it time to reconsider debt forgiveness?  Financial Times

'Debt is still sometimes wiped out in our modern world – through bankruptcies, defaults or sovereign debt restructuring plans – but these events are aberrations, ...


More than one-third of single mothers in debt as former partners fail to pay child support, research finds  The Independent

More than a third of single mothers are in debt because their former partner has failed to pay child maintenance, new research has found. A quarter of the ...


China Confronts Its Eternal Dilemma  Bloomberg

With pressure building for major stimulus, leaders must decide whether boosting growth or controlling debt is more important.


Martin Lewis: Debt collecting a suicide risk for some  The Scotsman

Far too many vulnerable people are at risk because of antiquated legislation that near forces companies to bully them. A new campaign by the charity, The ...


Eskom’s debt is draining South African growth  Financial Times

Faced with tough choices, the government will kick the problem further down the road.


Noble plans to push ahead with debt deal  Financial Times

Commodity trader Noble Group plans to push ahead with emergency $3.5bn debt restructuring by keeping the company private, in a blow to investors who could ...


World's debt exceeds $86,000 per person: IMF - Newspaper  DAWN.com

WASHINGTON: The International Monetary Fund (IMF) pointed out that global debt has reached an all-time high of $184 trillion, in a recent updation of its Global ...


'I got into alcohol addiction and debt, but with help I turned things around’  The Guardian

Barry Deacon, 39, on how faith changed his life – and how he came to meet David Hasselhoff.


Level of Cork's stadium debt in dispute | Irish Sport  The Times

The scale of the debt linked to the Pairc Ui Chaoimh stadium project was thrown into doubt again last night by Cork county board chairperson Tracey Kennedy, ...


Ex-firefighter left with £13,500 in debt after builder is charged with armed robbery  Daily Mail

Steve Pritchard, 51, from Harlow, Essex, wanted to refurbish his three-bedroom house in time for the Christmas holiday. He is seen in an undated photo.


This Ohio town wants to help you pay off your student debt  CNBC

Newburgh Heights, Ohio, has an offer for college graduates with student debt: Buy a house there and they'll pay off half of your loans.


French debt faces sell-off, widening yield gap with Germany  Financial Times

French president Emmanuel Macron's move to quell anti-government protests with tax breaks and extra money for those on the minimum wage rattled bond ...


Aggressive debt collectors raise risk of suicide  The Guardian

Research showing level of risk to people heavily in debt leads to calls for change to law.


Your Money: Tips for paying off debt  St. Paul Pioneer Press

With the holiday season upon us, it's easy to go over our budgets. There are family get-togethers, holiday parties and gifts for our loved ones, but all of that can ...


The Best Ways to Get Out of Debt  Wall Street Journal

Here is a guide to digging your way out of debt most effectively, with an overview of strategies and how to find the one that's right for you.


Why getting out of debt can save your marriage  NBCNews.com

We vote no on the idea of money as the root of all evil. But it does turn out to cause quite a bit of trouble in relationships — and when it does you can likely point ...


I got into £25,000 of debt – this is how I’m nearly out of it after three years  iNews

At this time of year, the expectation to splurge on presents and activities with loved ones is at its peak. With the pressure to spend, people can find themselves ...


Danny Dyer left 'almost in debt' after wife blew £125,000 magazine deal  Liverpool Echo

He also revealed the important piece of advice he gave his daughter before her Love Island appearance.


Abergele District Foodbank and Asda team up for debt advice  Rhyl Journal

A DEBT advisor who face bankruptcy has been given a permanent home helping vulnerable people in Abergele.


Debt Worldwide Hits Record $184 Trillion, or $86,000 Per Person  Bloomberg

Global debt hit a record $184 trillion last year, equivalent to more than $86000 per person -- more than double the average per-capita income.


Nepal: first came the earthquake, then came the debt  The Guardian

Ratna Awale counts herself lucky. She and her husband, Prem, and their two sons survived the devastating 7.8-magnitude earthquake in Nepal on 25 April 2015 ...


Proposal to clear councils' debt widely welcomed  IOL

Proposals for an overhaul of the country's local government system including the writing off of billions of rand in debt have been widely welcomed.


Thomas Cook shares plunge amid fears over £389m debt mountain  The Guardian

Thomas Cook shares tumbled further on Tuesday and the cost of insuring debt issued by the travel firm against default hit a record high, despite its efforts to ...


Interserve confirms debt-for-equity talks | News  Construction News

Interserve has confirmed it is in talks with its lenders regarding a debt-for-equity swap.


Ophir Energy Increases Debt Facility After South East Asia Asset Buys  Morningstar

LONDON (Alliance News) - Oil & gas firm Ophir Energy PLC said Wednesday it has increased and extended its debt facility after the acquisition of assets in ...


Dollar debt sales hit 2½-year low  Financial Times

Global reserve currency's appreciation erodes its attractiveness for bond issuers.


Revealed: How two businessmen left a trail of insolvency and debt in the apprenticeship market  FE Week

A month-long FE Week investigation has uncovered a trail of insolvency and debt left by two businessmen, David Harper and Mark Hargreaves, who've created ...


'My husband ran up a £58,000 debt in my name'  BBC News

When she had her first baby, just before she turned 29, Annie had been married for eight years, managed 19 staff, and earned more than her husband.


Matthew Dean resigns as council leader amid claims of legal action over £25k debt  Salisbury Journal

THE leader of Salisbury City Council has resigned, saying his role has had too much of an impact on his private life.


Around 15,000 former students will have their loans canceled  CNBC

The Trump administration has announced it will cancel $150 million in debt for certain students. Some 15,000 former students whose schools closed while they ...


Hedge funds call in top lawyer to restructure Sudanese debt  Financial Times

A group of hedge funds has hired one of the world's most prominent sovereign debt lawyers in the hope of restructuring up to $8bn in Sudanese debt if the ...


Trump says he doesn't care about predicted US national debt explosion because ‘I won't be here’  The Independent

Donald Trump is reportedly refusing to tackle the US's spiralling national debt because he will not be in office by the time the situation is expected to reach a ...


2 Sisters food group halts decline and cuts debt by £150 million  expressandstar.com

The parent of 2 Sisters Food Group has cut debt by £150 million as it continues its efforts to turnaround the business.


Bondholders oppose Mexico airport debt restructuring  Financial Times

Holders of more than $1bn of the bonds issued to finance a new Mexico City airport that President Andrés Manuel López Obrador wants to scrap have rejected ...


Now I’m beating my debt and gambling addiction, I can enjoy Christmas  The Guardian

My extravagant present-buying was just a lie. Now I'm being honest with my family – and the payday lenders, says gambling campaigner Danny Cheetham.


Coach firm shuts unexpectedly as debt recovery notice appears in window  Huddersfield Examiner

Huddersfield's Abbeyways Hanson Coach Services Ltd, given Boxing Day deadline.


Fears for Pizza Express as Moody’s downgrades debt  Telegraph.co.uk

Pizza Express is under mounting pressure from debts, rising costs and fierce competition, credit ratings agency Moody's warned as it downgraded the restaurant ...


Debt-trapped Czechs excluded as economy grows  Reuters

Olga Petikova first borrowed a few hundred dollars in the 1990s to furnish her young family's apartment. Later, she turned to payday loans to make ends meet as ...


China demands developed countries 'pay their debts' on climate change  The Guardian

Key sticking point at UN negotiations is how countries should account for their greenhouse gas emissions.


No IMF money to Pakistan to repay Chinese debt: US  Economic Times

WASHINGTON: The Trump administration is making all efforts to ensure that any IMF loan to Pakistan is not used to repay its Chinese debt, a US official told ...


Yellen and the Fed are afraid of a corporate debt bubble, but investors still aren't  CNBC

The corporate debt scaring policy experts like former Fed Chair Janet Yellen isn't throwing too much of a fright into market participants. In fact, some of them are ...


The Nations Housing | Debt factors in to how much home buyers can afford  The Columbus Dispatch

WASHINGTON — New research sheds *fresh* light on one of the most frequently asked homebuying questions, especially for first-timers: With our annual income, ...


Deep in the red: Chinese county pays price for vanity-project binge  Reuters UK

RUCHENG COUNTY, China (Reuters) - In the heart of an impoverished village in southern China, a life-sized statue of Mao Zedong sits on a platform adorned ...


Europe's tech startups suffer from 'diversity debt', survey finds  The Guardian

Europe's startup sector has a “shocking” lack of diversity, with 93% of all funds raised in 2018 going to all-male founding teams, according to a report by the ...


A tale of two debt piles | Blog  Construction News

First there was Interserve, which confirmed it was in talks with lenders regarding a debt-for-equity deal to help tackle the huge amount of money it owed to ...


SigmaRoc Buys Concrete Firm CCP, Adjusts Debt Amid Strong Results  Morningstar

LONDON (Alliance News) - Construction materials firm SigmaRoc PLC said Monday it has acquired a concrete firm for GBP15 million amid "strong" results for ...


Pakistan's long-term debt rating downgraded - Newspaper  DAWN.com

ISLAMABAD: Fitch Ratings, one of the three major global rating agencies, on Friday downgraded Pakistan's long-term debt rating to 'B-Negative' owing to high ...


Drug dealer paying back debt to UDA, court is told  Belfast Telegraph

A Co Antrim man has been paying back a £3,800 "drug debt" to the UDA, it was claimed at Ballymena Magistrates Court yesterday. Michael Robinson (25), of ...


Interserve shares fall as growing debt sparks fears over its finances  The Guardian

Shares in Interserve fell 7% on Friday morning after the government contractor said debts this year would be higher than previously expected, reigniting investor ...


Ethical smartphone company Fairphone raises €20 million in debt, crowdfunding, and VC financing  Tech.eu

Dutch ethical smartphone manufacturer Fairphone has raised a total of €20 million in funding and debt over the past few months. Back in August, the company ...


‘This debt must be settled’: IAAF extends Russia’s doping ban  The Guardian

The IAAF has extended its ban on Russia, with no clarity on whether it may be lifted before next year's athletics world championships in Qatar.


Italy buys back €3.2bn of short-dated debt  Financial Times

Italy has bought back €3.2bn of its short-dated debt in a move that was financed by tapping an existing three-year bond. The Italian Treasury said in a statement ...


'He owed money for a debt...' - Here's why this thief went shoplifting in Tesco  Stoke-on-Trent Live

Defendant walked out without paying for electronic shavers and aftershave.


Tina Cantello: Man found guilty of debt collector murder  BBC News

Geoffrey Hutton stabbed Tina Cantello 30 times after she called to collect his loan repayment.


Global debt hits all-time high of $184,000,000,000,000  RT

The world's debt currently exceeds $86000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top ...


The Average American Household Has $8,284 in Credit Card Debt  Fortune

The average American household is overrun with debt, including nearly $8300 in credit card debt, according to a WalletHub study.


Dept. of Education erasing $150 million worth of student debt after massive campus closures  WMC

COLUMBUS, GA (WTVM) - The U.S. Department of Education is set to erase $150 million worth of student debt. Officials will do so thanks to an obama-era rule ...


Letter: Confronting the national debt - Opinion  Milford Daily News

The national debt is now $21836687236972. Every year this country runs a deficit, which is the amount of expenditures that exceed revenue, which annually ...


Medical drone deal suspension would cause judgment debt – Ayine  GhanaWeb

Former Attorney General, Dominic Ayine, has refuted a call by the Ghana Medical Association (GMA) for the medical drone deal to be suspended. The Bolga ...


In debt we trust: the rise of art-secured lending  Art Newspaper

The rapid growth in the number of loan providers, from private banks to specialist lenders, could transform the art market's relationship with the financial markets.


Debt to income ratio inches up to almost 178% in third quarter  CBC.ca

The amount Canadians owe relative to their income ticked higher in third quarter. Statistics Canada says household credit market debt as a proportion of ...


Debt bankers top of the list for Brexit moves from London  Financial News

BNP Paribas, Credit Agricole, Credit Suisse, Standard Chartered, MUFG and Mizuho are among the institutions telling bonds bankers to up sticks.


Milo Yiannopoulos 'more than $2m in debt', Australian promoters claim  The Independent

Far-right activist Milo Yiannopoulos had debts totalling more than $2m (£1.6m) during 2018, according to documents put together by his former Australian tour ...


Low margins and high debts are a lethal mix  Investors Chronicle

Low profit margins are a classic sign of weakness. Combining them with lots of debt is often a recipe for trouble.


Energy supplier debt crisis creating “house of cards”  The Energyst

Energy suppliers have liabilities of hundreds of millions of pounds and more are likely to go bust. Those left standing will have to pick up the tab and pass it on to ...


Financial Resolutions To Consider Shared By National Debt Relief  Benzinga

The new year is about to start and National Debt Relief aims to help people put together their financial resolutions for the year. The article titled ...


Review examines Fiji's debt levels  Fiji Times

A NEW review by the Asian Development Bank has suggested that the Fijian Government reconsider its limit on external borrowing at 30 per cent of total ...


We need debt bonfire, says analyst | Business  The Times

Only a globally co-ordinated debt “bonfire” can save the world's leading economies from depression now that monetary and fiscal armouries are exhausted, ...


4 ways to stay out of debt this festive season to avoid the money blues  Fin24

Although there is usually a spike in debt assistance enquiries after the festive season, that spike has come earlier this year, according to Ian Wason, CEO of the ...


Government's biggest contractors struggle under the weight of a £3bn debt pile  This is Money

First Carillion, now Interserve. This year has been book-ended by the implosion of two leading government contractors with the fear of more trouble to come.


Debt research and digital technology - why it's good to collaborate  Utility Week

Dealing with the range of consumer debt and consumer vulnerability are key issues for utilities. In this Market View piece, Fintech company, Flexys, reveals how ...


Fed flags hard Brexit and Italian debt as near-term risks to US  Financial Times

The Federal Reserve has flagged a hard Brexit and Italian sovereign debt sell-off as near-term risks to the US financial system, in a broad-ranging assessment of ...


Kier launches £264m rights issue to cut debt  Inside Housing

Social housing contractor Kier has launched a £264m rights issue in a bid to raise cash to pay off the company's growing debt pile. Linked In Twitter Facebook ...


Wayne Pivac: Scarlets hoping to 'repay the debt' against Ulster  BBC Sport

Scarlets head coach Wayne Pivac says he hopes to get revenge over Ulster when the sides meet again the next week.


'Chicken king' supplier Boparan in £250 million debt row  Evening Standard

Chicken supplier 2Sisters is facing renewed City pressure over plans to exclude a group of lenders from a £250 million debt repayment. The row is the latest ...


Thomas Cook shares climb despite market debt worries  Financial Times

Holiday group Thomas Cook appeared on track for its first day of gains in over a week on Wednesday, despite disagreement over the extent of the tour ...


Former Manchester United star Dwight Yorke, 47, avoids bankruptcy after paying debt  Daily Mail

Yorke, 47, was the subject of a bankruptcy petition from HM Revenue & Customs (HMRC) and a court hearing in October heard the former Manchester United ...


Cut in debt boosts Scottish Investment Trust performance  FT Adviser

A decision to eliminate debt boosted the performance of the 1 4bn Scottish Investment Trust in the year to October 31.


Mum-of-three trapped by £8,355 high cost credit debt and poverty premium  The Sun

Lis Vernalls, 43, says she's unable to get out of debt due to the 'poverty premium', which sees the lowest paid having to stump up more for bills, credit and other ...


Political tensions spill over into global debt markets  Financial Times

Rising geopolitical tensions are increasingly playing out in the global debt markets. Russia's launch this week of the sale of a euro-denominated bond is just the ...


Insolvency Service grants 250000 Debt Relief Order  GOV.UK

November 2018 saw the Insolvency *Service* grant its 250000 Debt Relief Order, providing a low cost debt relief solution to a quarter of a million people.


S&P, Fitch downgrade Sri Lanka’s debt rating amid political crisis  Financial Times

Sri Lanka was downgraded by two major rating agencies on Tuesday, in the latest blow to the cash-strapped country as it grapples with ongoing political turmoil.


UK student debt sales make little economic sense  Financial Times

A UK parliament committee's report on the privatisation of student debt last week attacked the government's “ short-sighted approach”. This may be an ...


The Student Debt Crisis, and the FIRE Movement  HBR.org Daily

Youngme, Felix, and Mihir discuss staggering student debt levels, the FIRE (Financial Independence, Retire Early) Movement, and share their After Hours picks ...


How to avoid running up a debt this Christmas  Falmouth Packet

Citizens Advice Cornwall has released a Christmas list of 12 tips to help people avoid pressure on their household budgets.


Evergrande: China’s biggest property developer faces debt crunch  Financial Times

A “frigid winter” is coming to China's property market, and investors are wondering if the country's largest developer will be caught out in the cold.


Céréa Partenaire completes record year of private debt investment  Private Equity Wire

Céréa Partenaire, the investor-partner of French and European Agrobusiness companies, invested EUR217 million in private debt to finance the development of ...


Third of people who run up Christmas debt 'take up to seven months to clear it'  The Irish News

NEARLY a third of people who took out debt to pay for last Christmas took up to seven months to clear what they owed, a survey has found.


Markets Conclude the U.S. Is Riskier Than China  Bloomberg

Now the Treasury has to pay a premium over Chinese bonds to attract investors. They see four major red flags in U.S. debt.


Business debt, and worries about it, are up  Youngstown Vindicator

Associated Press. NEW YORK. Homeowners appear to have learned the lesson of the Great Recession about not taking on too much debt. There is some ...


Credit boom: Private equity bounces back on cheap debt bubble  Financial Times

Private equity dealmakers are riding high on a wave of cheap debt, pushing buyout values to levels not seen since the financial crisis. The deals may not yet be ...


Will paying off debt hurt my credit score?  MarketWatch

Paying off non-credit card debt early may actually make you less creditworthy, according to scoring models.


Investors pull $6bn from corporate debt funds  Financial Times

Investors pulled almost $6bn out of corporate bond funds in the past week, in the latest sign of nervousness about companies' global debt pile in an environment ...


South Africa's Ramaphosa says Eskom debt swap not an option  Reuters

South Africa's President Cyril Ramaphosa said on Thursday that a debt swap for cash-strapped state power firm Eskom would spiral the country into more debt, ...


Foreign investors shed €1.5bn of Italian government debt  Financial Times

Foreign investors in Italy's bond market shed a net €1.5bn of government debt in September, in the latest evidence that the market jitters of the past six months ...


Paul Ryan Leaves Behind Big Budget Deficits and Ballooning Debt  Bloomberg

Beyond failing in his goal to shrink the federal deficit, the House speaker is leaving the budget in a precarious state.