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Happy Mother’s Debt
Mothers and children blame each other for financial failures.
UPDATE 2-Hedge fund firm Man Group shares surge on debt buyback
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Hedge fund firm Man Group shares surge on debt buyback
LONDON (Reuters) – Hedge fund firm Man Group cheered investors with plans to use surplus cash to buy back all its debt securities, overshadowing a surge in client outflows to the highest level since…
Higher revenues, lower spending might mean debt limit breather
The next battle over the debt limit appears to be farther away than many expect – and perhaps not until well into autumn. Higher tax revenues, less spending and a potential massive inflow of money from the recovery of the … Continue reading
Exclusive: G20 to consider cutting debt to well below 90 percent/GDP: document
DUBLIN (Reuters) – Financial leaders of the world’s 20 biggest economies will consider next week in Washington a proposal to cut their public debt over the longer term to well below 90 percent of gross domestic product, a document prepared … Continue reading
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Obama releases a budget plan with a simple goal: Ending the debt standoff
In the first budget of his second term, President Obama set aside the grand ambitions that marked his early days in office and sent Congress a blueprint aimed at achieving a simple goal: ending the long partisan standoff over the … Continue reading
UPDATE 2-Brazil’s Lupatech misses debt payment in new sign of strain
SAO PAULO, April 10 (Reuters) – Brazilian oil equipment company Lupatech SA failed to pay interest on $ 275 million of bonds in the latest sign of financial and operational strains facing companies in the once-thriving sector.
Italy to pay 40 billion euros of state debt to companies
ROME (Reuters) – Italy’s caretaker government said on Saturday it would pay 40 billion euros ($ 52 billion) that the state owes to private companies over the next 12 months, while vowing to stick within the European Union’s deficit limit.
Italy to pay 40 billion euros of state debt to companies
ROME (Reuters) – Italy’s caretaker cabinet said on Saturday it would pay 40 billion euros ($ 52 billion) of the state’s debts to private companies over the next 12 months, while vowing to stick within the European Union’s deficit limit.