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CNBC

General Motors offers $2.2 billion debt for equity swap in return for Seoul's support
CNBC
General Motors has offered to convert debt of around $2.2 billion owed by its ailing South Korean operation into equity in exchange for financial support and tax benefits from Seoul, according to sources. One of the sources said GM had asked Seoul to ...
Exclusive: GM offers $2.2 billion debt for equity swap in return for Seoul's support - sourcesReuters

all 53 news articles »


CNBC

Noble Group flags $5 billion annual loss, races to strike debt deal
CNBC
Troubled commodities trader Noble Group warned of a massive annual loss, citing challenging operating conditions, but said it was making progress to clinch a $3.4 billion debt-for-equity swap to ensure its survival. Noble announced a deal with ...
Noble Group Flags $5 Billion Loss as Debt-Deal Endgame NearsBloomberg
Noble Group's $5 billion estimated loss could push creditors to accept debt dealReuters

all 29 news articles »


ABC News

Forget tourism: Pyeongchang's legacy probably debt and anger
ABC News
With the close of the games this weekend approaching, some worry that the Olympics will instead saddle the region with a legacy of massive debt and the perpetual maintenance of a handful of hugely expensive venues that no one knows what to do with ...

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CNBC

Greece's welcome debt upgrade fails to end concerns over its long-term economic health
CNBC
"However, the medium-term fundamental situation remains problematic," he said, "without significant debt relief measures, such as the ones recommended by the IMF (International Monetary Fund), the Greek debt level would most likely remain at (an ...
UPDATE 3-Ratings upgrade lifts Greek debt, Italy succumbs to pre-election nervesReuters
Ratings upgrade lifts Greek debt, Italy succumbs to pre-election nervesNasdaq
Greece WOBBLES: Fears rise over Greek financial stability despite major debt upgradeExpress.co.uk

all 37 news articles »


BILL CRAWFORD: National debt interest costs heads higher than Social Security, Medicare
Meridian Star
The national debt is $20.6 trillion and rising. With rates low, annual debt interest costs averaged about $250 billion from 2011 through 2016. As the economy improved, interest rates slowly ticked up. But, now they are expected to surge as the stimulus ...



CNBC

Goldman Sachs warns US spending could push up rates and debt ...
CNBC
Goldman Sachs sees a tidal wave of red ink — and it may drag the U.S. economy into its undertow.
Goldman Sees U.S. Interest-Cost Surge on Yield, Deficit Rise ...Bloomberg

all 6 news articles »


Bloomberg

Asia Debt Binge to Dampen Growth But Not Derail It, Oxford Says
Bloomberg
Asia's soaring levels of debt will weigh on growth over the next decade -- especially in China, Malaysia, Thailand and India -- but it won't be enough to derail the region's economy. That's because of mitigating factors such as high domestic savings ...

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A side effect of tuberculosis in India: crippling debt
Reuters
MUTYALACHERUVU, India (Thomson Reuters Foundation) - Tuberculosis patient Yerdodamma Peddeti is hungry, but the wood fire stove outside her home in southern India hasn't been lit all day. In pain and battling the side effects of treatment, Peddeti says ...

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Forbes

Infrastructure Spending Will Be Difficult With Massive State And Local Debt
Forbes
But the federal government is not the only one in debt. According to federal figures, state and local governments currently have estimated combined debt of $3.1 trillion. It ranges from a low of $2.0 billion for Wyoming to California's high of $429.2 ...



Debt diet: 6 tips to getting into financial shape
WKMG News 6 & ClickOrlando
(KPRC) -- Getting in shape isn't just for your body. Most of us need to get in shape financially, too. Here are some tips to getting your wallet back in the black. The money challenge. There are a few simple financial challenges people are sharing ...


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