Tag: credit and debt

In China, Herd of ‘Gray Rhinos’ Threatens Economy

| July 23, 2017 | 0 Comments




Several Chinese conglomerates are now are so big, so complex and so indebted that the government is trying to bring them to heel.

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In China, Herd of ‘Gray Rhinos’ Threatens Economy

Predictably, China’s Year-on-Year Growth Maintains Its Steady Pace

| July 17, 2017 | 0 Comments





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Predictably, China’s Year-on-Year Growth Maintains Its Steady Pace

The Car Was Repossessed, but the Debt Remains

| June 18, 2017 | 0 Comments





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The Car Was Repossessed, but the Debt Remains

Here’s How a Chinese Tech Firm Borrowed $2.1 Billion in a Hurry

| June 3, 2017 | 0 Comments





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Here’s How a Chinese Tech Firm Borrowed $2.1 Billion in a Hurry

Greek Prime Minister Won’t Seek to Extend Bailout

| February 8, 2015




In an address to Parliament on Sunday, Alexis Tsipras promised to carry out his campaign pledges to roll back austerity.




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Greek Prime Minister Won’t Seek to Extend Bailout

Cuomo to Offer Plan to Cut College Graduates’ Debt

| January 18, 2015




Under the proposal, the state would cover two years of loan payments for graduates of New York State colleges who make less than $50,000 a year, continue to live in the state and are enrolled in a federal repayment program.

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Cuomo to Offer Plan to Cut College Graduates’ Debt

That Debt From 1720? Britain’s Payment Is Coming

| December 27, 2014




Prompted by record low interest rates, the British government is planning to pay off debts it racked up over hundreds of years.

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That Debt From 1720? Britain’s Payment Is Coming

DealBook: Dipping Into Auto Equity Devastates Many Borrowers

| December 25, 2014




With a crackdown on payday lenders, subprime borrowers are increasingly using auto title loans, whose high interest rates can lead to repossession and financial ruin.




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DealBook: Dipping Into Auto Equity Devastates Many Borrowers

DealBook: Bond Investors Are Skittish Over Emerging Markets

| December 17, 2014




The precipitous fall in the Russian ruble has already rattled investors. Concerns are mounting that bond troubles of big energy companies in emerging markets will unleash a new wave of market contagion.




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DealBook: Bond Investors Are Skittish Over Emerging Markets

DealBook: Market Turmoil Will Test the Post-Crisis Financial System

| December 17, 2014




Banks are stronger today because they use less borrowed money to finance trading and lending, but they still rely on billions of dollars in short-term loans that could dry up in a panic.

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DealBook: Market Turmoil Will Test the Post-Crisis Financial System

DealBook: Debts Canceled by Bankruptcy Still Mar Consumer Credit Scores

| November 13, 2014




Officials suspect that big banks ignore bankruptcy court discharges, keeping debts alive on credit reports and impairing borrowers’ ability to secure housing and jobs.

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DealBook: Debts Canceled by Bankruptcy Still Mar Consumer Credit Scores

European Central Bank Leaves Interest Rate Unchanged

| November 6, 2014




The decision to keep the benchmark rate at 0.05 percent was a formality because the rate is already effectively as low as it can go.




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European Central Bank Leaves Interest Rate Unchanged

Monetary Policy: The Fed Has Not Stopped Trying to Stimulate the Economy

| October 29, 2014




For all the fuss about the decision to end quantitative easing, the Federal Reserve is far from any kind of monetary tightening.




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Monetary Policy: The Fed Has Not Stopped Trying to Stimulate the Economy

Falling Prices: The Depressing Signals the Markets Are Sending About the Global Economy

| October 15, 2014




There are doubts that central banks and other policy makers can reverse worldwide deflationary forces.




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Falling Prices: The Depressing Signals the Markets Are Sending About the Global Economy

In Lending Circles, a Roundabout Way to a Higher Credit Score

| October 11, 2014




Lending circles — groups of people who lend money to one another at no interest — are seen as a promising tool to help low-income Americans build their credit records.

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In Lending Circles, a Roundabout Way to a Higher Credit Score

Automatic Credit Risk: Why Can’t This Man Refinance?

| October 3, 2014




The former Fed chairman’s mortgage problem may highlight the surprises an automated mortgage system can deliver on eligibility.

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Automatic Credit Risk: Why Can’t This Man Refinance?