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Here’s why US debt is out of control — and Japanese debt isn’t
The Cointelegraph· 2 days agoOn the face of it, the United States' debt to GDP ratio doesn’t seem that bad on a global scale. In 2023, it was lower than the average for G7 nations — at 123% — and roughly ...
China plots to buy millions of unsold homes amid property crisis
The Telegraph via Yahoo Finance· 1 day agoThe world’s largest economy has struggled to deal with a property crisis that has seen some of its...
Madison Realty Capital Buys Debt on Aby Rosen’s Gowanus Site
The Real Deal· 3 days agoRosen’s RFR defaulted on the $80 million mortgage backing its 827-unit development site at 175 Third...
Stimulus, Market Bailout Today Costs Dearly Tomorrow | Investing.com Canada
Investing.com· 1 day agoSince the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen...
UPDATE 3-Zambia seeks investor consent for $3 billion bond rework
Reuters via Yahoo Finance· 3 days agoThe southern African country in March struck a preliminary restructuring agreement with a group of holders of...Eurobonds, but it had not yet asked all holders to vote on the proposal, a step ...
What happens to your debt when you die? Are loved ones responsible?
TheStreet.com· 3 days agoJust because a person dies doesn’t mean all of their debts disappear — here’s what families need to know about their liability. Who is responsible for unpaid debts? What happens to your medical ...
Beijing narrowly escapes having to cover the debts of developer Country Garden
Fortune· 3 days agoLast week, Country Garden revealed that it had missed an interest payment worth around 66 million yuan ($9.1 million) for onshore bonds due May 9. Country Garden has already defaulted ...
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in...
Fortune via Yahoo Finance· 3 hours agoSmall-to-mid-size banks will be the first forced out of business, he says. “There are quite a few...
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
The Hill via Yahoo News· 4 hours agoRep. Tom Cole (R-Okla.), chair of the powerful House Appropriations Committee, on Thursday previewed...
India's debt:GDP ratio is much lower than US, Japan, France, UK: Sitharaman
Investing.com· 4 days agoNew Delhi, May 13 (IANS) Finance Minister Nirmala Sitharman said on Monday that India has fared...