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Debt Finance
U.S. borrowers breach loan limit forecasts at record pace
A record third of U.S. loans sold to investors this year came from companies that have borrowed more than recommended by financial watchdogs, raising concerns that companies' growing reliance on credit could exacerbate an economic…
Senators urge Biden administration to streamline military student loan cancellation program
Members of the military may be eligible for the forgiveness of their student loan debt balances under the Public Service Loan Cancellation Program. But with strict documentation requirements, Congress calls for additional student…
Gargantuan tasks ahead | Investigator’s opinion
The unprecedented cost of tackling the COVID-19 pandemic has weighed heavily not only on the Duterte administration, but also on the new president who will be elected in the May 2022 election. For starters, the next administration will…
Deal to avoid US default and raise debt limit tested in Senate
WASHINGTON, Dec.9 (Reuters) - A deal between the top Democrat in the U.S. Senate and the top Republican to help raise the federal government's debt limit by $ 28.9 trillion will be tested on Thursday when the chamber votes on the…
China ‘More Cautious’ Shifts Africa’s Debt Approach to Vaccine Diplomacy | China
As debt problems increase and a new variant of the coronavirus emerges, China appears to be adjusting its approach towards Africa: reducing funding pledges while doubling up on vaccine diplomacy.Last Monday, Chinese leader Xi Jinping opened…
India’s Debt Estimated at 62% of GDP at End of FY22: Ministry of Finance
The Indian government debt is estimated at 62% of gross domestic product (GDP) as of March 31, 2022, the finance ministry announced on Monday at Lok Sabha. In a written response, Minister of State for Finance Pankaj Chaudhary said the…
Data shows medical bills threaten family vacations
It's no secret that health care costs can be overwhelming, even for people who have health insurance. In a recent Aflac survey, 43% of US households with children expect to make some adjustments to their vacation plans in light of rising…
BuzzFeed votes to go public amid staff walkout
Shareholders of 890 Fifth Avenue Partners, a special purpose acquisition company, on Thursday approved a merger with BuzzFeed. BuzzFeed will also complete its acquisition of Complex Networks, a media company managed in a joint venture with…
From Public School To Food Banks – The Story of Horrible Debt EVERY Married Woman Should Read…
Too many women continue to depend on men to manage their finances and can fall apart if their partner does not play fair. Katherine, from Wales, only realized the danger when her husband abandoned her, leaving only debts.Katherine, now 56,…
Democrats push Biden to cancel student loans after House Build Back Better passed
Progressive lawmakers are calling on President Biden to cancel student loan debt, as some Americans have qualified for forgiveness under the borrower's defense, total and permanent disability (PDT) releases, and limited waiver of…