Current News Articles-
National Debt Relief Program Discusses Credit Card Debt Consolidation -Wed, 08 Sep 2010
SAN FRANCISCO, CA--(Marketwire - 09/08/10) - Credit card debt relief and consolidation is helping today as consumers cope with massive amounts of personal debt during this time of economic uncertainty. Collectively, the U.S. government, the state governments, corporate America and American consumers have accumulated the biggest mountain of debt in the history of the world. This massive debt ...
'Political noise' puts debt reduction at risk: Fitch -Mon, 06 Sep 2010
Political uncertainty could hamper efforts to reduce the world's largest debt burden if it forces the government to delay fiscal consolidation, according to Andrew Colquhoun, head of Asia-Pacific sovereign debt at Fitch Ratings. "The key issue for the ratings is whether a government can be formed with the will and authority to draw up and implement a credible medium-term fiscal consolidation ...
Debt-payment cut to fatten solons? pork rejected -Mon, 06 Sep 2010
Congressmen could no longer cut the debt service allocation in the national budget to boost their pork barrel funds, Budget and Management Secretary Florencio Abad told the Senate on Monday.
Debt levels should fall: BIS -Sun, 05 Sep 2010
LONDON - DEBT levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said. Household and corporate debt soared in many countries prior to the recent global financial crisis, but a report published on Sunday by the Bank for International Settlements (BIS) showed that in almost all past crises the debt ...
|
