Thursday, June 21, 2007

Life of Debt


Iraq Development Program
Nation set to substantially forgive Iraq debt
China Daily, China - 1 hour ago
By Qin Jize (China Daily) China will substantially forgive debt owed by Iraq and also help with the reconstruction of the war-torn country. ...
China agrees to cancel Iraq debt Gulf Daily News
China Agrees to Reduce Iraqi Debt IraqSlogger
China Clears Large Iraqi Debt The Moscow Times
SomaliNet - Shanghai Daily
all 60 news articles »

KCBS
IBM In Bind: 5M Debt Owed by Schools
Time Canada, Canada - 9 hours ago
A school district in the San Francisco Bay area has put IBM Corp. in a tough spot by asking the company to forgive a $5 million debt that began when ...
IBM in Bind on $5M Debt Owed by Schools phillyBurbs.com
IBM in Bind on $5M Debt Owed by Schools Wyoming News
all 86 news articles » IBM
Men more likely to default on debt: survey
ABC Online, Australia - 1 hour ago
Credit reporting company Dun and Bradstreet says men are incurring more debt per capita than women and are three times more likely to default on payments. ...
Younger men defaulting on debt at alarming rate AXcess News
Tidal wave of debt engulfing the young Brisbane Times
Young fall in to bad debt habits The Age
Ninemsn
all 15 news articles »

Stuff.co.nz
Household debt hits record
NEWS.com.au, Australia - 2 hours ago
By David Uren HOUSEHOLDS are spending, on average, a record 11.9 per cent of their income servicing debt following the interest rate increases late last ...
Australians now floating in a record sea of debt The Age
all 14 news articles »
Free Canada Debt Consolidation - Getting Loan Consolidation In Canada
American Chronicle, CA - 7 hours ago
You can find free Canada debt consolidation through a number of sources. Debt consolidation helps you deal with debt problems without filing for bankruptcy ...
Debt Consolidation Program - Understanding The Concept And Benefits American Chronicle
Credit Card Debt Consolidation Program – Manage Your Debt American Chronicle
Debt Consolidation Company - Provides Relief American Chronicle
American Chronicle - American Chronicle
all 15 news articles »
Study: Consumers More Likely to Pay Bankcard Debt Before Mortgage Debt
RisMedia.com (press release), CT - 3 hours ago
As consumers have historically paid mortgage debt over bankcard debt, this finding represents a significant departure from conventional behavior. ...
SA has 12 000 debt collectors
Independent Online, South Africa - 2 hours ago
South Africa has 12 000 active, registered debt collectors, the Council for Debt Collectors revealed in Pretoria on Thursday. "The past year alone, ...
SA debt collector numbers grow Finance24
all 3 news articles »
Emerging debt-Prices fall for 2nd day on Treasuries, subprime
Reuters - 2 hours ago
By Walter Brandimarte NEW YORK, June 21 (Reuters) - Emerging sovereign debt prices fell for the second consecutive session on Thursday on concerns about the ...
Emerging debt- Five-day rally halted on Treasuries sell-off Reuters
all 4 news articles »
Strong demand for Dubai debt
Gulf News, United Arab Emirates - 3 hours ago
By Babu Das Augustine, Banking Editor Dubai: Dubai-based international port operator DP World's benchmark-sized debt issues are attracting investor interest ...
DP World sells $3.25 bln debt in 2 parts -source Reuters
all 2 news articles »
Securitised debt issuers under Sebi scanner
Financial Express, India - 1 hour ago
In a consultative paper on the draft proposal ‘Sebi (public offer and listing of securitised debt instruments) regulations, 2007’, Sebi said it will make it ...
Sebi puts securitised paper on trading path Economic Times
all 18 news articles »
Man collecting a debt was threatened with lump hammer
Athlone Advertiser, Ireland - 1 hour ago
A man was threatened with a lump hammer when he stopped to enquire about a €4300 debt owed, the Athlone District Court heard last week. ...
Edwards Aims to Cut Middle Class Debt
Campaigns & Elections (press release) - 4 hours ago
New York, New York – In a speech today at Cooper Union, Senator John Edwards will unveil his plan to reduce the rising debt which is threatening our working ...
How Home Equity Can Help You Slash Debt
Sentinel-Standard, MI - 17 hours ago
(ARA) - Escalating personal debt is one of the biggest concerns Americans face when it comes to their financial welfare, studies show. ...
Debt to spur sector's consolidation - PwC
Business Report, South Africa - 14 hours ago
By Justin Brown Johannesburg - Consolidation of the mining sector through mergers and acquisitions would continue because of the level of debt held by the ...
Low debt in mining firms could lure private equity Mining MX
South Africa: Private Equity Eyes SA's Rich Mines -- Study AllAfrica.com
all 14 news articles » AAUK

Telegraph.co.uk
British Airways gets debt boost
Southport Visiter, UK - 17 hours ago
Credit agency Standard & Poor’s has upped the company’s debt rating from “junk” status to “investment grade” after BA tackled its £2.1bn pension deficit and ...
BA regains investment-grade status Financial Times
British Airways Default Swaps Fall to Record on Ratings Upgrade Bloomberg
BA sees welcome improvement in credit rating Irish Examiner
Forbes
all 20 news articles » OTC:BAIRY
NBK investors miss dividend despite debt settlement
Business Daily Africa, Kenya - 6 hours ago
22-June-2007: With the Government having settled a Sh20 billion debt that has been pending for more than a decade at the National Bank of Kenya, ...
NBO:NBK
Britons use equity to pay off debt
Money News, UK - 7 hours ago
"It seems many people are opting to switch expensive credit card debt and overdrafts into long-term low interest rate mortgage debt," he said. ...
Remortgages now '7.2% higher' Thrifty Scot (press release)
all 5 news articles »
Revisiting Insider Trading In The Debt Markets: Lessons For Debt ...
Mondaq News Alerts (subcription), UK - 5 hours ago
For some participants in the debt and credit markets, insider trading risks seem like a problem for someone else. There is some statistical basis for that ...
BCS
AM Best Assigns Debt Rating to The Progressive Corporation’s ...
Business Wire (press release), CA - 4 hours ago
Although financial leverage will moderately increase in the near term following the special dividend and share repurchase program, debt-to-adjusted ...
PGR
Foreign cenbanks still piling into US debt--Fed
Reuters - 3 hours ago
NEW YORK, June 21 (Reuters) - Foreign central banks boosted their holdings of US debt last week, adding both Treasury and agency bonds to their portfolios, ...
TREASURIES-Short-dated debt rises on rate, credit fears Reuters
all 9 news articles »

Turkish Press
US CREDIT-Broker debt likely to stay volatile
Reuters - 5 hours ago
N: Quote, Profile, Research) debt weakened late on Wednesday and remains near its recent wides over concerns about losses made by two of its hedge funds ...
Corporate Debt Risk Jumps on Concern Over Bear Stearns Funds Bloomberg
THE TICKER MERRILL LYNCH Auction launched of debt assets from 2 ... Chicago Tribune
Bear Stearns hedge funds adrift Brisbane Times
all 288 news articles » BSC
US CREDIT-Broker debt likely to stay volatile
Reuters - 5 hours ago
N: Quote, Profile , Research) debt weakened late on Wednesday and remains near its recent wides over concerns about losses made by two of its hedge funds ...
BSC
Jason Kelley Joins Apollo Real Estate Advisors Debt Team
Earthtimes.org - 10 hours ago
NEW YORK, June 21 -- Jason Kelley has joined Apollo Real Estate Advisors as Vice President, working principally on Apollo's real estate debt investment ...

Canoe.ca
Education in debt
Edmonton Sun, Canada - 15 hours ago
By LINDA LEATHERDALE What a way to start your career: Up to your eyeballs in debt, collections agencies hounding you, and your credit rating already ...
Drowning in debt Edmonton Sun
all 10 news articles »
Japan's Government Bonds Hold Declines After 20-Year Debt Sale
Bloomberg - 20 hours ago
By Issei Morita June 21 (Bloomberg) -- Japanese government bonds held declines after an auction of 20-year debt securities today. The Ministry of Finance's ...
Japan's 20-Year Government Bonds Decline Ahead of Debt Auction Bloomberg
Japan's 20-Year Government Bonds Decline Ahead of Debt Auction Bloomberg
Japan's Government Bonds Drop; Demand Falls at 20-Year Auction Bloomberg
all 18 news articles »
China agrees to cancel Iraqi debt
Aljazeera.com, UK - 4 hours ago
BEIJING (AFP) - China Thursday signed an agreement to cancel Iraqi debt at a ceremony after a meeting between Chinese President Hu Jintao and his Iraqi ...
National Credit Audit Corporation" Tries To Collect Bogus Debt
The Consumerist, NY - 9 hours ago
Brian writes us, enraged at Popular Science for sending him to a debt collector in an attempt to get him to renew his subscription. ...
Debt and financing Co. settles with SEC
InvestmentNews, NY - 4 hours ago
The Washington-based company, which provides debt and equity financing for middle-market companies, was accused of failing to maintain documents between ...
Allied Capital Reaches Settlement with SEC; Informal Investigation ... Business Wire (press release)
all 15 news articles » ALD
ICRA assigns highest credit quality rating to ICICI`s debt
Zee News, India - 9 hours ago
New Delhi, June 21: Credit rating agency ICRA today assigned its highest credit quality rating to ICICI bank's Rs 40000 crore debt programme. ...
IBN
How to deal with megabillions in debt? Cut retirees' premiums! The ...
San Diego Union Tribune, United States - 11 minutes ago
When I wrote recently about how the board of the California State Teachers' Retirement System wanted to address its $20 billion funding gap, ...
Maine Lawmakers Pass Innovative Student Debt Relief Solution
NewsBlaze, CA - 9 hours ago
Maine's Legislature passed a groundbreaking solution to the problem of student debt - that is vexing every state in the nation - by approving the ...
DC's CFO Says It's Time to Cap the City's Debt
WTOP, DC - 13 hours ago
WASHINGTON - With more debt per capita than any other city in the country, the District's chief financial officer says the city needs to put a stop to its ...
Fitch Rates Cypress-Fairbanks ISD, Texas 2007 GOs 'AAA' PSF/'AA ... Insurance News Net
all 3 news articles »
Bank of Cyprus senior debt oversubscribed
Financial Mirror, Cyprus - 10 hours ago
The issue of EUR 500 mln Senior Debt by Bank of Cyprus has been completed successfully under the Bank’s EMTN Programme. The issue was oversubscribed within ...
CSE:BOC
OU student debt collections continue to flood court
The Athens News, OH - 11 hours ago
Since then, the AG's efforts to collect old college debt on OU's behalf have not slowed down a bit. Since May 21, another 43 debt-collection actions have ...
City to write off R1,5 billion in debt accrued before September 2003
Athlone, South Africa - 16 hours ago
A portion of this debt goes back many years, some of it more than 10 years. I will be recommending to Council next week that it approves the write-off of ...
Category: US Debt
The Market Oracle, UK - 2 hours ago
In our weekly reports, we often take the classical view on money. While we admit that monetarism may fail as an easy policy approach, from a fundamental ...
The Perils of Monetizing US Debt The Market Oracle
all 2 news articles »
Fury as health trust goes £27m in debt
ic Teesside.co.uk, UK - 16 hours ago
By Audrey Forbes, The Journal Health chiefs in Northumberland have frozen NHS recruitment indefinitely as they wrestle with a £27m debt. ...
Colonial studies selling 15 pct stake in FCC to reduce debt - report
Forbes, NY - 17 hours ago
'The company is studying all possibilities that would lead to a significant reduction in debt, but given the current (real estate) environment it's not so ...
MCE:FCC
Municipalities owed R506m in debt
iAfrica.com, South Africa - 4 hours ago
Northern Cape municipalities were owed R506-million in outstanding debt at the end of the last financial year, the provincial government was told on ...
Hubby looking for $20K to pay off student debt? Don't turn to home ...
Jackson Clarion Ledger, MS - 18 hours ago
1 question people ask me is: "How can I get out of debt?" Q: We were able to consolidate some student loans at a cheap rate. The private loans, more than ...
Tips for becoming debt-free HeraldNet
all 3 news articles »
Niue to write off debt owed to US
Radio Australia, Australia - 4 hours ago
The Niue Government is planning to write off nearly $US2 million in long-standing debts. We're planning some improvements to this website. ...
Kingsway announces public debt offering
Canada NewsWire (press release), Canada - 5 hours ago
/NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE US/ TORONTO, June 21 /CNW/ - (TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. ...
KFS
Credit agencies wary of Home Depot debt
MarketWatch - Jun 20, 2007
The company also said that it would pay for the rest of the buyback with a $12 billion debt issue and about $1 billion in available cash. See full story. ...
Home Depot weighed credit rating versus buyback Reuters
all 23 news articles » HD
Class teaches debt elimination
Topeka Capital Journal (subscription), KS - 17 hours ago
By Michael Hooper Human resource leaders at St. Francis Health Center administer a class that is helping employees pay off debt and save money. ...
Execs not liable for broke firms' tax debt
AZ Central.com, AZ - 6 hours ago
Officers of corporations that go belly-up owing state sales taxes aren't personally liable for the money, the Arizona Court of Appeals has ruled. ...
Household debt hits record high
Sunday Times, South Africa - 14 hours ago
By Evan Pickworth, I-Net Bridge The SARB’s quarterly bulletin data showed that while household debt was at a new record high of 76% in the first quarter, ...
CT allows R1.5bn debt to slide
South Africa.info, South Africa - 15 hours ago
In a move that will largely benefit the city's poor, Cape Town is to write off some R1.5-billion in outstanding debt, Mayor Helen Zille announced on ...
Cape Town’s poor benefit from R1,5bn debt write-off Business Day
all 37 news articles »
TECHBITS: Munster's card, Image spam, IBM debt, FiOS at 1M ...
Prince George Citizen, Canada - 7 hours ago
by AP Crooks in an underground chat room for selling stolen credit card numbers and personal consumer information offered pilfered data purportedly about ...
IBM
Household debt hits new record high
iAfrica.com, South Africa - 14 hours ago
The SA Reserve Bank's (SARB's) quarterly bulletin data on Thursday showed that while household debt was at a new record high of 76 percent in the first ...
Banking & Finance: 1.56% Sunday Times
all 38 news articles »
Bank of Cyprus successfully issues 500 mln eur in debt, 4 times ...
Hemscott, UK - 11 hours ago
ATHENS (Thomson Financial) - The Bank of Cyprus said that it successfully issued 500 mln eur in senior debt which was oversubscribed four times allowing the ...
CSE:BOC
Consumer debt hits new record
Finance24, South Africa - 14 hours ago
Pretoria - Consumer debt in South Africa climbed ever-higher in the first quarter of the year, the South African Reserve Bank said on Thursday. ...
Fitch Maintains Negative Outlook for Sprint Nextel Debt
Cellular-News, UK - 14 hours ago
The debt ratings agency, Fitch says that the Outlook for Sprint Nextel remains Negative reflecting Fitch's concerns over the uncertainty and execution risks ...
S
Women in debt spiral
MoneyExpert, UK - 16 hours ago
But closer to home (and reality) the lure of easy credit is trapping millions of women in perpetual debt. Women are more likely to use credit than men, ...
Flip side of the boom: China could face Japan-style debt crisis ...
York Dispatch, PA - 10 hours ago
... case that we have all the conditions for a serious crisis when there's an adverse shock," Pettis says. "There's a lot more debt out there than we think. ...
Sprint Nextel to offer $750 mln debt securities
Reuters - 12 hours ago
June 21 (Reuters) - US wireless service provider Sprint Nextel Corp. (SN: Quote, Profile, Research) said it will offer about $750 million of floating rate ...
Sprint Nextel to offer $750 mln debt securities Reuters
all 8 news articles » S
Debt Concerns Fading
Briefing.com, IL - 9 hours ago
[BRIEFING.COM] Buyers continue to show some resolve, lifting the major indices to fresh session highs. Industrials (+0.1%) becoming the latest sector to ...
First California Nurse Has Loan Debt Forgiven
PNN, VA - 20 hours ago
ALL Student Loan, California's largest nonprofit provider of student loans, announced the first nurse to have their student loan debt forgiven under a new ...
First California Nurse Has Loan Debt Forgiven Earthtimes.org
all 3 news articles »

Washington Post
S&P cuts Intelsat's debt rating, may cut again
Reuters - Jun 19, 2007
Intelsat, the world's largest commercial satellite operator, has $11.4 billion of debt and will take on another $3.85 billion at closing. ...
BC Partners to Acquire Majority of Intelsat Media Newswire (press release)
Fitch Ratings Places Intelsat on Rating Watch Negative Business Wire (press release)
BC partners buys Intelsat majority stake The Dominion Post
all 87 news articles »
GMR plans to raise debt worth Rs 5 bn
Myiris.com, India - 21 hours ago
GMR Infrastructure is in attempts to raise a debt of Rs 5 billion to fund its future projects, reports Business Standard. The company is in talks with banks ...
County stonewalls bid for tax debt data
Buffalo News, United States - 13 hours ago
By Matthew Spina NEWS STAFF REPORTER Comptroller Mark C. Poloncarz and other county officials have denied requests made under New York’s Freedom of ...
Parents go hungry as debt bites
The Nelson Mail, New Zealand - 22 hours ago
"Some people out there are still of the belief that no matter how much debt they get into, WINZ will pay it off - and that's not the case. ...
Moody's May Downgrade Nuveen Debt Rating
Forbes, NY - Jun 20, 2007
AP 06.20.07, 6:05 PM ET Moody's Investors Service said Wednesday it placed Nuveen Investments Inc.'s "Baa1" senior debt rating on review for a possible ...
JNC

Finance Markets
Governor issues 'toxic' debt warning
Telegraph.co.uk, United Kingdom - Jun 20, 2007
By Edmund Conway, Economics Editor The Bank of England Governor has warned the City that an explosive rise in lax loans and complex debt instruments now ...
Bank of England chief sounds warning Brisbane Times
all 83 news articles »
Aussies in ever greater debt: MLC
The Financial Standard, Australia - 22 hours ago
Continued global growth, corresponding liquidity and a “voracious appetite for risk” have driven Australians to record debt levels, beating the US, France, ...
Debt Settlement Could Cost More Than You Think
Smartmoney.com - Jun 20, 2007
Debt settlement is, in fact, a perfectly legal solution for consumers who are in deep and seeking an alternative to bankruptcy. But having a debt-settlement ...
Fitch raises Reynolds debt on lower litigation risk
Reuters - 22 hours ago
Reynolds' senior unsecured debt sold from its RJ Reynolds Tobacco Holdings, Inc. unit was raised two notches to "BB-plus," one level below investment grade, ...
Reynolds American selling $1.55 billion of new debt Winston-Salem Journal (subscription)
all 5 news articles » RAI
New President Selected for Debt Settlement Company
MediaSyndicate (press release) - Jun 20, 2007
Employee works his way from sales manager to president of national debt resolution company, Debt Shield, Inc. In a classic “working your way to the top” ...

E Canada Now
Moody's May Downgrade Nuveen Debt Rating
Houston Chronicle, United States - Jun 20, 2007
2007 AP NEW YORK — Moody's Investors Service said Wednesday it placed Nuveen Investments Inc.'s "Baa1" senior debt rating on review for a possible downgrade ...
Nuveen Agrees To $5.4B Buyout Forbes
Moody's, S&P may cut Nuveen on leveraged buyout Reuters
all 122 news articles » JNC
Using the Debt-to-Equity Ratio
Motley Fool - Jun 20, 2007
By Philip Durell June 20, 2007 For companies as for people, debt is a key part of any financial picture. When you're analyzing a prospective investment, ...
Fears grow of loan rate rise after bank's debt alert
This is London, UK - Jun 20, 2007
Bank of England Governor Mervyn King said many of history's financial crises have been caused by excessive debt. His warning reinforced fears that there ...
AgriTec Systems Announces Shares for Debt Application
Marketwire (press release), Canada - Jun 20, 2007
The debt settled will eliminate a significant portion of AgriTec's current liabilities. A Shares for Debt application will be filed with the TSX Venture ...
Bear Stearns CDO liquidation sparks contagion fears
Reuters - 2 hours ago
So far the risks seem contained, but the fallout may be felt everywhere from leveraged buyouts, investment bank earnings and sales of collateralized debt ...
Market Watch: CDOs, Tomorrow's News Today Elliott Wave
UPDATE: Bear Stearns Hedge Fund Woes Stir Worry In CDO Market CNNMoney.com
all 14 news articles » BSC
Fitch Rates Kalamazoo, Michigan's $4.7MM GOs 'AA'; Outlook Revised ...
Business Wire (press release), CA - 2 hours ago
Fitch also affirms the 'AA' rating and maintains a Stable Outlook on the city's approximately $59 million of outstanding limited tax GO debt. ...
Fitch Rates Burleson, Texas' 2007 GOs & COs 'A+'; Outlook Stable dBusinessNews Austin (press release)
Fitch Rates Charter Township of Canton, Michigan's $44MM GOs 'AA+ ... dBusinessNews Chicago (press release)
Fitch Rates Kalamazoo, Michigan's $1.9MM Water Revs 'AA ... Business Wire (press release)
Business Wire (press release)
all 15 news articles » DTV
IBM in bind on $5M debt owed by schools
Columbia Daily Tribune, MO - Jun 20, 2007
In 1993, IBM and the district reached an agreement that trimmed the debt slightly to an even $5 million and called for the schools to repay it in four ...

Javno.hr
Foreign Debt Reaches 29.6 Billion Euros In March
Javno.hr, Croatia - Jun 20, 2007
According to the data of HNB, Croatia’s foreign debt at the end of March was 29.6 billion euros. According to the data of HNB (Croatian National Bank), ...
Principal Forms Funds To Invest in Distressed Debt
CoStar Group, MD - Jun 20, 2007
"The creation of Principal Mortgage Value Investors enables us to expand our real estate platform and offer a wider array of potential debt options to ...
LON:RLE
Senior debt of Sri Lanka development bank gets AA rating
Lanka Business Online, Sri Lanka - 22 hours ago
The rating agency also confirmed the AA- (lka) tag of DFCC's subordinated debt was also confirmed. The outlook of the ratings is 'Stable'. ...
COL:DFCC
Investors bet on emerging markets
iAfrica.com, South Africa - 4 hours ago
The survey found that only five percent said they were more bearish and that 51 percent are more positive about their outlook for local currency debt for ...
Global investors remain bullish on emerging markets - survey Business Day
Fund managers are bullish on emerging markets: S&P survey MarketWatch
Investors bullish on emerging markets - S&P survey Stuff.co.nz
all 12 news articles »
Bad debt makes ABC a Chinese puzzle
Financial Times (subscription), UK - 21 hours ago
By Richard McGregor in Beijing China is in the middle of the last and most difficult restructuring of its large lenders: that of Agricultural Bank of China ...
Mavrix Fund Management Inc. announces debt financing
CNW Telbec (Communiqués de presse), Canada - 19 hours ago
TSX: MVX TORONTO, June 20 /CNW/ - Mavrix Fund Management Inc. (MVX: TSX) announced today that it has completed the issuance of $6 million of debenture ...
TSE:MVX
Home Depot debt sale biggest market test since 2003
Reuters - Jun 20, 2007
To assure enough demand for its massive debt offering, Home Depot will likely have to offer about 10 to 15 extra basis points in yield spread over similarly ...
Newspapers Reduce Bad Debt by Using Credit.net™ Business Credit ...
Business Wire (press release), CA - Jun 20, 2007
(BUSINESS WIRE)--Having quality business credit reports at your fingertips when you need it is a critical factor in reducing bad debt. ...
Be Careful Choosing Debt Adjuster/Counselor
WTVQ, KY - Jun 20, 2007
Debt may be a way of life, but we've been taking on more of it since 1990. According to statistics, 72% of the debt in this country has been created over ...
Sonic 3Q Profit Falls 13 Percent on Higher Debt and Interest ...
CanadianBusiness.com, Canada - Jun 20, 2007
OKLAHOMA CITY (AP) - Sonic Corp., which operates a chain of drive-in restaurants, said Wednesday its third-quarter profit fell 13 percent because of debt ...
SONC
Pactiv to repay debt with note offer
Rochester Business Journal, NY - Jun 20, 2007
The proceeds will be used to repay short-term debt incurred with the firm’s recent $1 billion acquisition of Prairie Packaging Inc. in Illinois. ...
PTV
Black middle class debt is locked up in housing
RealBusiness [net]work, South Africa - Jun 20, 2007
The research shows that people in the established segment are managing their debt “very well”. So are the start-me-ups — young people aged up to about 25, ...
China could face Japan-style debt crisis, analysts warn
China Post, Taiwan - 22 hours ago
By Elaine Kurtenbach, SHANGHAI, China, AP When financial crisis devastated its Asian neighbors a decade ago, China sat safely on the sidelines, ...
South Africa: City Aims to Write Off R1.5bn Debt
AllAfrica.com, Washington - Jun 20, 2007
The City of Cape Town plans to write off R1.5 billion in debt owed by residents and businesses for outstanding rates, service charges and housing rentals ...
Holbrook debt exclusion measure fails
Brockton Enterprise, United States - Jun 20, 2007
By Gilbert Arbuckle, Enterprise correspondent HOLBROOK — A $1.3 million debt exclusion for the construction of a new Junior-Senior High School library media ...
School officials concerned about override failure Holbrook Sun
all 3 news articles »
Fitch Rates Dorm. Auth. of the State of New York $589MM Income Tax ...
Business Wire (press release), CA - 2 hours ago
Due to these strengths, the rating on the PIT bonds is equal to that assigned to New York's general obligation (GO) debt. Although payment of debt service ...
Fitch Rates MTA, New York's $425MM Revs 'A'; Outlook Stable Business Wire (press release)
all 2 news articles »
Dreadful Stocks to Avoid
Motley Fool - 4 hours ago
In general, Buffett avoids companies with a lot of debt. This makes sense. During the best of times, large amounts of debt mean that cash that could be put ...
In Carson: Soul debt ends in stabbing
The Record-Courier, NV - Jun 20, 2007
The report states that after Maggie lost the game she became concerned when Cordova talked of collecting on the debt. “Maggie lost the game and Jeffrey kept ...
Rising Foreclosures As More and More Consumers Face Financial Crisis
PRLog.Org (press release), Romania - 11 hours ago
Org) – As foreclosures continue to skyrocket across the country, online debt resource DebtSettlement.com is anticipating a growing consumer need for ...
City: Baby Bombers clear of debt
Staten Island Advance, NY - Jun 20, 2007
By SALLY GOLDENBERG STATEN ISLAND, NY -- After years of being slapped with negative audits, the Staten Island Yankees have been cleared of debt in a report ...
Providence seeking state approval for pension debt loan
WLNE-TV (ABC6), RI - Jun 20, 2007
The city of Providence is looking to borrow $700 million to pay off its pension debt. Officials are seeking state approval for the loan. ...

GMTV
Could raising the minimum repayments for credit cards help control ...
Credit Cards GB, UK - Jun 20, 2007
With news of Barclaycard reducing its minimum monthly fees in order to help consumers, it has caused a bit of a stir with debt experts. ...
When credit card companies encourage us to 'pay less each month ... GMTV
all 2 news articles »
Irish Central Bank Concerned Over Consumer Debt
Myvesta, UK - Jun 20, 2007
By Myvesta Ireland Consumers in Ireland have enjoyed a robust economy for many years now but concern over the growing consumption of consumer debt in the ...

AXcess News
Canadian corporate debt defaults at decade low
Canada.com, Canada - Jun 19, 2007
... yet remain below Canada's historical average of 4.4 percent," the ratings agency said in an annual review on Canadian debt issuers. ...
Canadian corporate debt defaults at decade low Reuters Canada
all 23 news articles »
US Treasuries Fall; Philadelphia Manufacturing Index to Gain
Bloomberg - 15 hours ago
Benchmark 10-year notes fell more than two-year debt for a fourth straight day, signaling investors expect faster growth to spur inflation. ...
US Treasuries Fall on Speculation Manufacturing Index to Gain Bloomberg
Treasuries Fall on Speculation Companies Will Sell US Notes Bloomberg
Treasuries Rise a Third Day as Housing Starts Decline in May Bloomberg
all 10 news articles »
Most Homeowners Carrying Mortgage Debt into Their Golden Years
Emediawire (press release), WA - Jun 20, 2007
More and more people are finding ways to justify carrying mortgage debt into their golden years, but mortgages can be wealth killers. ...


Debt, Debt Management, Debt Consolidation, Consolidate Debt, Student Loans, Mortgages, Credit Cards, Credit Card Debt

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