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Forbes

Why Are We Addicted To Debt?
Forbes
Almost everyone is familiar with Asia's rags to riches story. The recent economic miracle led to huge increases in living standards across the region. Average incomes rose by factors of 100% to even 400% in some areas. Not to mention the number of ...



CNBC

Canada's household debt levels higher than any other country, report says
CNBC
Household debt levels in Canada are higher than in any other country, according to a report by the Organization for Economic Cooperation and Development (OECD). In a preliminary version of the report, set to be released fully next month, the OECD found ...
OECD Warns on Rising Debt Risk as Canadians Most in the RedBloomberg
Canadians to increase holiday spending despite OECD debt warningsDigital Journal
Canadians Are More In Debt Than Anyone Else In The WorldMTL Blog (blog)
Huffington Post Canada -CBC.ca -Financial Post
all 21 news articles »


AOL

How to have a debt-free holiday season
AOL
If you want to avoid going into debt, don't wait until November or December to find the cash for gifts. Instead, make saving for the holidays something you do year-round. If you know you'll spend around $1,000, saving $80 a month means you won't have ...



Nasdaq

UPDATE 1-South Africa's weak growth, rising debt could trigger deeper downgrades - cenbank
Reuters
He cited the dismal October budget, where Finance Minister Malusi Gigaba said the budget deficit estimate had widened to 4.3 percent of gross domestic product from 3.1 percent and that gross debt would reach 60 percent of GDP in 2021, as major ratings ...
South Africa's weak growth, rising debt could trigger deeper downgradesNasdaq
South Africa holds rates, but big test ahead for rand on debt ratingsFinancial Times
SA's $8bn problem if local debt is downgradedCNBCAfrica.com

all 54 news articles »


Wall Street Journal

Tax Bill's Fine Print: Making It Tougher for Cities, States to Refinance Debt
Wall Street Journal
The reason: The Republican tax plan in congress would eliminate a tax exemption on some types of bonds issued by state and local governments to refinance their old debt. “It just made all the sense in the world to do it,” Mr. Matson said. The GOP ...

and more »


NPR

Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan
NPR
Economists were much more certain about what the tax bills would do to the debt. They were asked whether a tax bill like those in the House and Senate right now would leave the U.S. debt-to-GDP ratio (a common measure of how large the national debt is) ...

and more »


UPDATE 1-Debt-ridden Altice looks to sell Dominican Republic network -FT
Business Insider
PARIS, Nov 23 (Reuters) - Telecoms and cable group Altice , whose shares have been hit by concerns over its roughly 50 billion euros ($59.1 billion) debt burden, is looking to sell its telecoms network in the Dominican Republic, the Financial Times ...
Altice could flog Dominican Republic business to address debt pileTelecoms.com

all 6 news articles »


Bloomberg

Altice's Debt Diet Needs to be Stricter
Bloomberg
But the confidence shock has been dramatic, and expectations that the company can deliver growth to match its debt spree have been dented. Ratings company S&P Global Ratings cut its outlook on Altice to negative from stable on Thursday, warning that ...
S&P cuts outlook on Altice debtFinancial Times

all 14 news articles »


IMF credit to Chad delayed over Glencore oil debt
Reuters
LONDON/N'DJAMENA, Nov 24 (Reuters) - Chad's stalled talks with Glencore on restructuring more than $1 billion in debt due to the trading firm has delayed the release of IMF funds for the struggling central African country until at least early next year ...

and more »


GRAPHIC-China's debt pile growing fast despite years of efforts to contain it
Reuters
Nov 24 (Reuters) - For years China's top officials have touted their ambitious policy priority to wean the world's second-largest economy off high levels of debt, but there is not much to show for it. On the contrary, a Reuters analysis shows the debt ...

and more »

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