Harris Ends Billion Dollar Campaign $20 Million in Debt, Staffers Not Paid, Trump Offers Assistance
WASHINGTON — Vice President Kamala Harris’s campaign is reportedly facing a debt of approximately $20 million following the recent election, with campaign insiders suggesting the amount could rise as outstanding invoices continue…
Zambia finance minister eager to renegotiate debt, awaits China’s team
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it is still unclear who will be leading talks for renegotiating its nearly $6 billion debt…
Zimbabwe engaging with World Bank, IMF on clearing IFI debt, says finance minister
JOHANNESBURG (Reuters) – Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance minister Mthuli Ncube said at an IMF…
Tonawanda Man Pleads Guilty For His Role In Debt Collection Scheme
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Greg MacKinnon, 56, of the City of Tonawanda, NY, pleaded guilty to conspiring…
Tonawanda Man Pleads Guilty For His Role In Debt Collection Scheme
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Greg MacKinnon, 56, of the City of Tonawanda, NY, pleaded guilty to conspiring…
Italy must cut energy bills even if it pushes up debt, says election centrist
By Giselda Vagnoni and Gavin Jones ROME (Reuters) – Italy must quickly cut energy bills for firms and households even if it means hiking the country’s towering public debt, the leader of…
HERRING: Biden Is Walking A Political Tightrope Over Student Loan Debt. Here’s Why
HERRING: Biden Is Walking A Political Tightrope Over Student Loan Debt. Here’s Why Joe Herring on August 24, 2022 If playing hard-to-get is the best strategy to woo someone, President Joe Biden…
Foreigners cut China debt, dump equities in July – IIF
SHANGHAI – Foreign investors continued to cut holdings in Chinese bonds in July and dumped equities for the first time in four months, according to a report by the Institute of International…
U.S. household debt tops $16 trillion amid rising inflation
(Reuters) – U.S. household debt increased to a record $16.15 trillion in the second quarter, driven mostly by a $207 billion jump in mortgage balances, with credit card and auto loan debt…
ECB nemesis Kerber weighs action against new debt shield
By Frank Siebelt FRANKFURT – The German academic behind the European Central Bank’s biggest court setback is weighing legal action against the ECB’s new bond-market shield, which he sees as “blatant” aid…
Debt shadow may hang over Kenya’s next president
By Duncan Miriri NAIROBI – Kenya’s economic output has more than doubled during President Uhuru Kenyatta’s 10 years in office, but a debt binge that fuelled growth and investment could cramp his…
Brazil’s public debt rises 2.5% in June, interest rates keep soaring
BRASILIA -Brazil’s federal public debt grew 2.51% in June from the month before, and the average cost of domestic debt issuance kept soaring amid greater risk aversion, the Treasury said on Wednesday.…
Analysis: ECB faces Italian debt test as politics intervenes
By Francesco Canepa and Giselda Vagnoni FRANKFURT/ROME – The European Central Bank seems almost certain to face a test of its resolve to rein in excessive bond yields in coming weeks as…
El Salvador to buy back some debt in surprise move
By Nelson Renteria SAN SALVADOR – El Salvador’s president announced on Tuesday a plan for a voluntary repurchase offer to holders of bonds maturing between 2023 and 2025. The operation would be…
Ukraine says it can save nearly $5.5 billion by postponing debt repayments
KYIV – Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday. Ukraine has launched a formal consent…
Evergrande’s debt revamp to provide roadmap on tackling China property crisis
By Clare Jim HONG KONG – China Evergrande Group, the world’s most indebted developer, is expected to announce this week a debt restructuring plan that will not only determine its future but…
Ukraine talking to major institutions about ways to reduce debt payments
KYIV – Kyiv is talking to major international financial institutions about ways to reduce debt payments in the near future, Ukraine’s government commissioner for public debt management Yuriy Butsa said on Thursday.…
Explainer-Ukraine pushes for debt freeze to dodge hard default
By Karin Strohecker and Jorgelina do Rosario LONDON – Ukraine has asked its creditors for a two year payment freeze on its international bonds in a bid to focus its dwindling financial…
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its first interest rate hike in over ten…
U.S. Treasury’s Yellen welcomes Ukraine debt freeze, calls on creditors to join
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday said she welcomed a decision to suspend Ukraine’s debt service obligations by a group of six creditor countries, including the United States, and…
China expedites local govt debt issuance to bolster capital of smaller banks
BEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help supplement the capital of small and medium-sized…
IMF chief sees ‘exceptionally uncertain’ global outlook, deteriorating debt situation
NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the “exceptionally uncertain” global…
Yellen says it’s in China’s interest to restructure Sri Lanka’s debt
By Andrea Shalal and Marc Jones NUSA DUA, Indonesia – China is a “very important” creditor of Sri Lanka and it would likely be in the interest of both countries if China…
Dems Pushing College Loan Forgiveness Owe Massive Sums In Student Debt, Records Show
Dems Pushing College Loan Forgiveness Owe Massive Sums In Student Debt, Records Show Gabe Kaminsky on July 12, 2022 Over a dozen Democratic members of Congress who have supported student loan cancellation…
Chad creditors expected to agree phased ‘contingent’ debt relief plan
By Andrea Shalal TOKYO – Chad’s official creditors are expected to agree on Wednesday a debt restructuring strategy that includes contingencies based on oil prices and participation of private creditor Glencore, a…
Debt Collector Shot at in Glen Burnie
GLEN BURNIE, MD – A debt collector who showed up at a residence in Glen Burnie was shot at by the man who owed him money on Sunday, police have reported. 49-year-old…
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