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CNBC

India has proposed a new fix for its bad debt problem. It may not be enough
CNBC
Experts say the Indian government's latest plan may not be enough to fix its bad debt problems. Earlier this month, Piyush Goyal, India's interim finance minister, revealed plans to set up an Asset Reconstruction Company or a "bad bank" aimed at ...



Wall Street Journal

Student-Debt Forgiveness Is a Wonderful Boon, Until the IRS Comes Calling
Wall Street Journal
Students seeking relief on their college and graduate-school debt could be sitting on a hidden tax bomb: Billions of dollars in one-time bills from the Internal Revenue Service for any debt they get forgiven. The tax bills are a feature of the “income ...



Aljazeera.com

Why the debt deal with the EU is bad for Greece | Business ...
Aljazeera.com
The new Eurogroup agreement commits Greece to 40 more years of austerity and supervision.
Eurogroup statement on Greece of 22 June 2018EU News
Greece - Hürriyet Daily NewsHürriyet Daily News
Bailout - Business StandardBusiness Standard
Business Standard
all 39 news articles »


Bloomberg

Banks May Be Using Lehman-Style Trick to Disguise Debt ...
Bloomberg
Banks may be disguising their borrowings in a way similar to that used by Lehman Brothers Holdings Inc., with debt ratios falling within limits imposed by ...

and more »


Business Insider

The bank for central banks is blaring the siren on a new debt crisis that could cause a long and painful recession
Business Insider
The Bank for International Settlements, nicknamed the bank for central bankers, said in a report that the ballooning levels of public and private debt are creating a 'trap' that would be hard to escape. Although higher leverage can boost growth in the ...



Bloomberg

In China Debt Crackdown, Morgan Stanley-Backed Fund Sees Opening
Bloomberg
The manager of debt and private equity funds, which counts Morgan Stanley as a shareholder, aims to raise money from investors later this year and lend more in China, according to Michael Wang, managing partner and president. Any such fundraising ...



Danaos Completes Stunning Debt Refinancing
Seeking Alpha
The company announced that it has reached an agreement with its lenders to refinance debt totaling around USD 2.2B maturing at the end of 2018, thus ending all bankruptcy speculation. Some of the most important points from the press release include:.



ZDNet

Vocus ups debt facility to AU$1.3b
ZDNet
Telecommunications provider Vocus has announced closing a new and increased syndicated debt facility amounting to AU$1.27 billion and NZ$150 million, saying it will "provide financial headroom and flexibility". "Our new and upsized syndicated debt ...

and more »


AZCentral.com

See where taxpayers are on the hook for the most debt in Arizona
AZCentral.com
The federal government might have a spiraling debt crisis, but Arizona's cities, counties and state agencies are going in the other direction. The total debt incurred by Arizona's public-sector entities stood at $36.4 billion at the end of fiscal 2017 ...



New York Post

NYC politicians have racked up thousands in debt
New York Post
Convicted felon and ex-Rep. Michael Grimm goes into Tuesday's GOP congressional primary owing hundreds of thousands to creditors — including his mom. Grimm reported seven different debts, the most of any current Congress member or primary ...


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