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Iconic businesses, hobbled by debt, may not survive any economic instability
WZZM 13 Grand Rapids· 19 hours agoThey are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often ...
Ghana close to signing debt rework MoU with official creditors, sources say
Reuters· 18 hours agoThe memorandum formalises a provisional deal reached in January with government creditors, including...
Takeaways from AP analysis on the rise of world's debt-laden 'zombie' companies
Associated Press via Yahoo Finance· 1 day agoAn Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden...
Japan has ways to avoid a sovereign debt crunch
Reuters· 20 hours agoAs interest rates rise, investors are once again fretting about the sustainability of government debt across the developed world. Financial crises,...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 4 days agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...
Hannon’s Take: U.S. Government Debt Is A Growing Concern
The Wall Street Journal· 2 days agoThe changing outlook for the Federal Reserve’s key interest rate has been a preoccupation for many...