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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 ...
AmTrust’s Illinois Center Dips into Shortfalls on $248M Loan
The Real Deal· 1 day agoThe credit ratings agency reported this month that the loan tied to the Illinois Center, a...
$3 million may be paid to private student loan borrowers ignored by servicer – Here's who is...
FOX Business· 1 day agoThe National Collegiate Student Loan Trusts (NCSLT) and loan servicer Pennsylvania Higher Education...
Why EV Startup Fisker Failed to Become the Next Tesla - Tech News Briefing - WSJ Podcasts
The Wall Street Journal· 12 hours agoFamed car designer Henrik Fisker set out to build a company that could upend the auto industry. But, Fisker Inc. is struggling to keep its promise to investors and could be close to shutting ...
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...
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...
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 ...
There Are Two Sides to Every Debt
The Dispatch via Yahoo Finance· 3 days ago—is that every time the government steps in to provide relief to a class of borrowers at the expense of lenders, it makes lenders less likely to want to...
TCW Expects Private Debt ‘Accidents’ as Stress Builds - Bloomberg
Bloomberg· 7 days agoUnderstand every aspect of the global economy – and know how to make your next move.
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 ...