debt-sustainability
Top StoriesCellnex Sells Stake in Units in Sweden, Denmark for $772 Million to Stonepeak
Top StoriesAnalysis-A Year After Budget Crisis, UK Debt Faces Fresh Pensions Headwind
Top StoriesUK’s Hunt Says Unclear When Taxes Can Be Cut Amid Interest Cost Pressure
Top StoriesEuro Zone Ministers Agree on Gradual Wind-Down of Spending
5 Tips on How to Settle Your Tax Debt
Date: June 29, 2023
5 Tips on How to Settle Your Tax Debt Most of us have incurred debt from the IRS at least once. Unless you’re born with a silver spoon in your mouth, you might have never experienced this before. For many taxpayers, the complexities of settling taxes can be time-consuming, especially for those who have incurred...
Payday Loans: Pros and Cons of Short-Term Borrowing
Date: June 12, 2023
Payday loans have become a popular option for individuals facing financial emergencies or short-term cash flow problems. These loans provide borrowers with quick access to funds, often within a day, to cover unexpected expenses or bridge the gap until their next paycheck. However, it is important to understand the pros and cons of payday loans...
European Shares Rise on US Debt Deal Optimism
Date: May 29, 2023
European shares rise on US debt deal optimism (Reuters) – European shares rose on Monday as investors drew comfort from a tentative deal reached by U.S. lawmakers to raise the debt ceiling and avert a default. The euro zone stocks index climbed 0.4% by 0715 GMT, with the bloc’s banks among the top gainers. Trading...
Oil Gains After US Leaders Strike Debt Deal
Date: May 29, 2023
Oil gains after US leaders strike debt deal By Florence Tan and Mohi Narayan (Reuters) -Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world’s largest economy and oil consumer, although concerns about further interest rate hikes capped gains. Brent crude futures climbed 45...
High Inflation Helps to Swell UK Budget Deficit in April
Date: May 23, 2023
LONDON (Reuters) -Britain borrowed more than expected in April as high inflation pushed the government’s debt interest bill to a new record for the month, even before expected tax cuts by Finance Minister Jeremy Hunt ahead of the next election. Public sector net borrowing, excluding state-owned banks, rose in April to 25.56 billion pounds ($32.26...
Concern Over US Default Risk Grips Global Markets as Talks Resume
Date: May 22, 2023
NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped global markets on Monday, with equities mixed and U.S. treasury yields modestly higher. Oil futures were higher as demand optimism offset the default concerns. Gold prices retreated following hawkish comments from a Federal Reserve official. U.S. President Joe Biden and House...