Posts Tagged ‘debt
Geithner pushes European leaders to resolve region’s debt problems
Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – U.S. Treasury Secretary Timothy Geithner pushed European leaders to solve the region’s worsening debt problem. He urged the leaders to move swiftly because the crisis is starting to impact other countries as distant as China, Brazil, India and Korea. Leaders of the 17-member eurozone [...]
Stocks rise in afternoon trading on mixed signals from Europe
Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks bounced in and out of positive and negative territory on Wednesday as traders and investors carefully watched for any signs out of Europe regarding how the region plans to deal with the area’s mounting debt problems and the falling euro as [...]
Most Americans feel student loan debt is too high
Ayinde O. Chase – AHN News Staff Bloomington, IL, United States (AHN) – Americans are becoming more aware of mounting student loan debt and the value of higher education. According to a new COUNTRY Financial survey, four in five Americans (81 percent) believe the expected average level of student loan debt, $29,000, is too high. [...]
Saving money is an essential step to avoid debt
There is a famous quote that “a penny saved is a dollar earned”, so try to save money as that will help you avoid debt. In this global economic depression, there is a huge increase in the unemployment rate, job loss and wage cut. People are frantically looking for a way out to avoid debt [...]
China banks to stress-test gov’t debt, other risks
Chinese regulators ask six major banks to submit new data on lending risks that place emphasis on their exposure to government-backed infrastructure projects and property-market lending. View full post on All Stories
Greece prepares large cuts in public sector wages to meet bailout terms
Vittorio Hernandez – AHN News Athens, Greece (AHN) – The Greek government is preparing tougher belt-tightening measures as it attempts to meet the terms of the country’s $110 billion (EUR 78 billion) bailout. Prime Minister George Papandreou rejected debt restructuring ahead of a Monday cabinet meeting to tackle austerity measures, which includes tax hikes and [...]
Moody’s downgrades top four banks
MOODY’S downgraded the debt ratings of Australia’s four largest banks today, citing their dependence on global lending markets. View full post on All Stories
Survey: Nevadans reducing mortgage, credit card debt
The average Nevada homeowner has reduced his home mortgage and credit card debt over the last year because of hard times, not financial prudence, according to CreditKarma.com, a San Francisco-based credit service for consumers. View full post on All Stories
Flood victims’ debt greater than house value
Many victims of Queensland’s floods may now find their mortgage debt is greater than the value of their homes. View full post on All Stories
India seems far away from a housing bubble
The chart shows housing bubbles in countries such as Ireland, the UK, Portugal and the US. Most of the household debt is mortgage debt View full post on All Stories
