Inkjets4half.com - The Latest Debt News and Information

Reuters

Quick debt limit move needed as tax receipts slow: Pelosi
Reuters
WASHINGTON The top Democrat in the U.S. House of Representatives said on Friday Congress should promptly raise the federal debt limit, partly because Washington's tax revenues appear to be slowing on expectations of a possible tax cut to come.

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Bloomberg

Puerto Rico power monopoly's debt deal rejected
MarketWatch
Bondholders had agreed to accept a 15% haircut -- a reduction on their claims -- in exchange for new debt with stronger legal protections. Paying for the deal required a new charge on ratepayers that local manufacturers said could stifle economic ...
Puerto Rico judge nixes negotiation plan in debt battleReuters
Puerto Rico Board Rejects Power Utility Debt RestructuringBloomberg

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CNBC

China's debt surpasses 300 percent of GDP, IIF says, raising doubts over Yellen's crisis remarks
CNBC
Global debt has hit a record level in the first quarter of this year, mainly driven by emerging markets, raising questions of whether there will be another financial crisis in the near future. Data from the Institute of International Finance showed ...
Emerging market borrowing spree lifts global debt to record $217 trillion -IIFReuters

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CNBC

Judge shoots down challenge to J.Crew debt deal
CNBC
A New York Supreme Court Justice sided with J. Crew Group in a dispute with some of its senior lenders, allowing the U.S. preppy retailer to move forward with a restructuring deal to cut its $2.1 billion debt pile. The lenders had asked Justice Shirley ...
UPDATE 1-Judge shoots down challenge to J. Crew debt dealReuters

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U.S. News & World Report

Greece Eyes Market Return as Debt Dispute Still Simmering
U.S. News & World Report
She said it was "simply not realistic" to have Greece run a budget surplus after debt and interest payments of 3.5 percent of annual GDP over the coming few years, and 2 percent for the decades after. The country's rapidly aging population, for one ...
Dampening expectations, IMF insists debt must be made sustainableKathimerini

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CNBC

UBS: Chinese companies are getting more careful about debt
CNBC
Chinese companies are "rationalizing" their use of debt, said Eugene Qian, chairman of UBS' China strategy board. Chinese companies seeking overseas acquisitions are being more careful to avoid overpaying, Qian said on the sidelines of the World ...
Premier Li: China can control financial risks as debt risesABC News

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Reuters

Bond insurers sue Puerto Rico over debt deal
MarketWatch
Bond insurers are suing Puerto Rico's financial oversight board over a $9 billion utility debt restructuring agreement, accusing the U.S. territory's financial supervisors of improperly withholding approval of the controversial deal. Assured Guaranty ...
Puerto Rico oversight board rejects $9 billion debt restructuring deal: WSJReuters

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NBCNews.com

Puerto Rico's Governor Pushes Statehood: 'Colonialism' At Root of Debt Crisis
NBCNews.com
Rosselló has taken criticism over his insistence on campaigning for Puerto Rico's statehood while the U.S. territory reels from a $74 billion debt it is struggling to pay. But he defended the statehood pursuit as necessary to resolving Puerto Rico's ...
FEATURE: After Puerto Rico's debt crisis, worries shift to Virgin IslandsMarianas Variety

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Sovereign Debt Jubilee, Japanese Style | Seeking Alpha
Seeking Alpha
Japan has found a way to write off nearly half its national debt without creating inflation. We could do that too. Let's face it. There is no way the US governm.

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CNBC

How I ditched debt: Lauren Greutman
CNBC
When Lauren found herself concealing $600 worth of new clothing in her car, she knew she had to own up, change her spending habits and attack the debt. It took two years to pay off. Lauren wrote about her experience in the book "The Recovering Spender" ...


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