debt-sustainability
InvestingBayer Says 2025 Earnings Could Decline Further on Bleak Agriculture Outlook
FinanceChina Unveils $1.4 Trln Local Debt Package but No Direct Stimulus
FinanceEnel Posts 6.5% Rise in 9-mth Core Profit on Renewable Power Growth
InvestingShares of Sweden’s Sbb Plummet After Report Encouraging Investors to Sell
Reaction to Reuters Report on China’s Stimulus Plans
Date: October 29, 2024
(Reuters) – China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, two sources with knowledge of the matter said. The fiscal package is expected to be further bolstered if Donald Trump wins the Nov. 5...
Greek Finance Minister Vows to Keep Debt’s Share of Economy Shrinking
Date: October 25, 2024
By David Lawder WASHINGTON (Reuters) – Greek Finance Minister Kostis Hatzidakis told Reuters that the government will maintain fiscal prudence to safeguard its growth path and emergence from a debilitating debt crisis a decade ago, even amid higher wage demands by striking teachers and ferry workers. Speaking on the sidelines of International Monetary Fund and...
Widening U.S. Fiscal Deficit a Growing Worry, Says Scope Ratings
Date: October 24, 2024
LONDON (Reuters) – A widening U.S. fiscal deficit is a growing concern and the threat of recurrent debt-ceiling standoffs and associated risk of a near or technical default remains a key factor behind the negative outlook for the country’s credit rating, Scope Ratings said. Europe-based rating firm Scope rates the United States AA with a...
IMF Says UK Should Shield Investment While Curbing Debt
Date: October 24, 2024
By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring public debt under control in a way that preserves public investment, a top official at the International Monetary Fund said on Wednesday as finance minister Rachel Reeves prepares for her first budget next week. IMF Fiscal Affairs Director Vitor Gaspar said he welcomed...
Financial Strategies for Dealing With Underwater Car Loans
Date: September 5, 2024
Having an underwater car loan can be stressful. An underwater car loan, also known as being “upside down” on your auto loan, means that you owe more on the loan than your car is worth. This often happens because vehicles depreciate quickly, especially in the first few years after purchase. You can use several strategies...
France ‘dangerously Exposed’ in Case of Economic Shock, National Audit Office Says
Date: July 15, 2024
By Sudip Kar-Gupta PARIS (Reuters) -France’s ailing public finances and its 154 billion euros ($168 billion) deficit figure leave the euro zone’s second-biggest economy “dangerously exposed” in case of a new macroeconomic shock, the national public audit office said on Monday. The warning from the audit office, known as the Cour des Comptes, comes at...