Debt Problems

Debt Problems News

  • Chinese agenda: Support the strong Tuesday, January 6, 2009 @ 7:59PMThe collapse in commodity prices is helping Beijing further its domestic agenda, with support for sectors tailored to speed up plans to overhaul operations rather than to rescue ailing companies or prop up prices.
  • Lawmakers preparing prescription for transportation system in crisis Tuesday, January 6, 2009 @ 7:57PM Faced with worsening fiscal problems at the MBTA and the Massachusetts Turnpike Authority attempting to wriggle free from crushing debts, a key Senate lawmaker said Tuesday that the Legislature’s own version of a transportation reform plan – including revenue raisers – is imminent. The governor said Tuesday his plan is a few weeks away.
  • (AFX UK Focus) 2009-01-07 01:18 NEWSMAKER-Billionaire Blavatnik hit hard by Lyondell failure Tuesday, January 6, 2009 @ 7:48PMBy Dmitry Zhdannikov
  • Tuesday, January 06, 2009 Tuesday, January 6, 2009 @ 7:20PMPennsylvania hospitals are having problems refinancing debt and finishing renovation projects because of the poor economy.
  • Gas row flares as supplies to Europe cut Tuesday, January 6, 2009 @ 7:19PMA natural gas dispute between Russia and Ukraine flared Tuesday when Ukraine accused the Russian supplier of cutting supplies to Europe, and at least nine countries said their supply from Russia had been cut or reduced.
  • NEWSMAKER-Billionaire Blavatnik hit hard by Lyondell failure Tuesday, January 6, 2009 @ 7:03PMBy Dmitry Zhdannikov
  • Obama Will Ban Earmarks From Stimulus Bill Tuesday, January 6, 2009 @ 6:39PMPresident-elect Barack Obama says details of the stimulus package will be posted online.
  • Meeks worried about rough economy in 2009 Sunday, January 4, 2009 @ 3:57PMAlthough U.S. Rep. Gregory Meeks (D-Jamaica) has a bleak outlook for the new year, he said New Yorkers will be able to get back on their feet with the help of well-crafted government policies.
  • La. Father Accused Of Killing Son Owed $4K Sunday, January 4, 2009 @ 3:39PMDanny Platt said he was under a lot of pressure. He apparently owed his estranged wife $4,000 in back child support. But there were no signs of stress when the 22-year-old father, accused of killing his 2-year-old son over the child support debt, went to pick up his little boy for a weekend visit, his mother said Sunday.
  • Economic recovery may be delayed until 2010 Sunday, January 4, 2009 @ 3:35PMBritain could suffer a longer and deeper recession than has been officially acknowledged, Gordon Brown admitted yesterday.
  • Defense Powers Ravens Into Divisional Playoffs Sunday, January 4, 2009 @ 3:24PMBaltimore beats Miami 27-9 in the AFC Wild Card Playoff and will face Tennessee on Saturday.
  • Representatives talk about the budget Sunday, January 4, 2009 @ 1:44PMArizona is considering a Special Legislative Session to deal with a projected $1.2 billion budget deficit.
  • David Cameron must show that Gordon Brown is wrong about big government Sunday, January 4, 2009 @ 1:19PMCameron has to provide clear moral and economic arguments for a smaller state lower taxes and more individual responsibility says Janet Daley.
  • Economic woes expected to worsen early this year Sunday, January 4, 2009 @ 2:52AMThe economy will get worse before it gets better this year as housing prices continue to fall, unemployment rates rise and the gross domestic product contracts.
  • Recession inflames ache of health care costs in Rochester area Sunday, January 4, 2009 @ 2:31AMRising health care costs, heightened by the current recession, are hurting hospitals, employers, insurance companies and patients of all types.
  • Depression: a nation in pain Sunday, January 4, 2009 @ 2:10AM On Dec 15, 1935 , a High Point  woman wrote President Franklin D. Roosevelt  about her underwear. She didn’t have any. Neither did anyone in her family. “Please give my children and myself some underclothes or we will freeze to death (in) this cold weather,” the woman pleaded. “We cannot make it.” The family also needed money for rent, food and fuel. The woman said her husband made only ...
  • More Americans live within their means Sunday, January 4, 2009 @ 2:02AMBy choice or by force, more U.S. consumers are doing something that seems almost un-American — embracing frugality and living within their means.
  • Aberdeen lured by India bonds, Investec favours Brazil Saturday, January 3, 2009 @ 1:48PMInternational investors are buying Brazilian, Indian and Indonesian bonds, driving the biggest monthly gain in emerging-market debt in at least three years, as the central banks cut interest rates to support their economies.
  • James Love: Protecting Consumers Saturday, January 3, 2009 @ 1:41PMBack when campaign spending was limited by law, there was an effective quota on taking money from special interests. After the cap was reached, it...
  • RBI gives more time for loan restructuring Saturday, January 3, 2009 @ 12:33PMThe Reserve Bank of India (RBI) today further relaxed the asset classification norms for the banks to restructure loans to viable units facing cash flow problems.
  • Gazprom to sue Naftogaz of Ukraine over gas transit problems Saturday, January 3, 2009 @ 11:42AMRBC, 03.01.2009, Moscow 19:55:28. Gazprom is going to file a lawsuit with the Arbitration Institute of the Stockholm Chamber of Commerce to force Naftogaz of Ukraine to ensure unhindered transit of Russian gas through Ukrainian territory to Europe, Gazprom CEO Alexei Miller said in a statement today.
  • CEOs brace for rocky 2009 Saturday, January 3, 2009 @ 11:38AMMANILA, Philippines—The late Frank Sinatra would not call 2008 a very good year. Far from it.
  • Pre-purchase help for home buyers lessens risk Saturday, January 3, 2009 @ 11:11AMFrom her snug one-bedroom condominium near San Francisco State University, Lea Azucena has watched family members struggle against foreclosure. The mortgage meltdown has claimed the financial stability of countless other first-time home buyers, but Azucena,...
  • Putnam Gives Economic Prognosis To Bartow Committee of 100 Saturday, January 3, 2009 @ 9:17AM“I wish I had a better report to give you.” U.S. Representative Adam Putnam’s opening words to the Bartow Committee of 100 may not have been the most reassuring, but he went on to do his best to explain the economic situation as he saw it.
  • Shyam Ponappa: Cut Interest Rates To Revive Growth Thursday, January 1, 2009 @ 9:21AMSignificant interest rate cuts can deliver price cuts and revive growth. India managed 8.8 percent growth annually for five years. “If it could keep this up, India would be transformed, as China has been,” says The Economist.*
  • Investment bankers face uncertain landscape Thursday, January 1, 2009 @ 8:29AMAfter a year in which the business of arranging the sale of stocks and bonds plummeted, no one expects a quick recovery.
  • Regulators cite Wyo bank Thursday, January 1, 2009 @ 8:02AMCODY -- A Thermopolis-based bank has been ordered by state and federal regulators to make changes to its operations, to review its management staff and to cease alleged unsafe or unsound banking practices.
  • GMAC Makes It Easier to Get a Car Loan Thursday, January 1, 2009 @ 7:37AMThe day after an injection from the government, the financing affiliate of G.M. said it would immediately ease the conditions for borrowers to have access to its loans.
  • CARROLL COUNTY : $8 million veiled from JPs, claims outgoing official Thursday, January 1, 2009 @ 7:33AMOutgoing Carroll County Judge Richard Williams on Wednesday accused the county treasurer of keeping nearly $8 million in county money secret, but County Treasurer Cindy Collins said she hid nothing. (Arkansas Democrat-Gazette Northwest Edition)
  • County still leery of proposal to re-ignite compost facility Wednesday, December 31, 2008 @ 10:24AMThe Wright County Board has been saddled with its ill-fated compost facility for nearly 20 years.
  • Company Bond Sales Fall as Recession Drives Rates Up (Update1) Wednesday, December 31, 2008 @ 10:16AMDec. 31 (Bloomberg) -- U.S. corporate bond sales fell 28 percent in 2008 to the lowest in three years as a recession and seizure in credit markets pushed borrowing costs higher.
  • School district levy rises with air handling project Wednesday, December 31, 2008 @ 10:12AMThe Monticello school district held their annual truth in taxation meeting and public hearing last night, where Monticello’s district business manager Elaine DeWenter informed attendees about the district’s $735,770 increase in the tax levy for 2009.
  • GMAC eases burden with $21.2 billion debt swap Wednesday, December 31, 2008 @ 10:10AMNEW YORK (Reuters) - GMAC, the General Motors Corp financing affiliate that received a $6 billion infusion from the government, completed a multibillion dollar debt swap on Wednesday designed to bolster its capital.
  • Who Will the Financial Crisis Affect? Wednesday, December 31, 2008 @ 10:04AMTribune Co. recently filed for Chapter 11 bankruptcy protection and National Amusements violated a debt covenant. The moves beg the question: Who, if anyone, could be next in the broader media and entertainment industry?
  • GMAC eases burden with $21.2 billion debt swap Wednesday, December 31, 2008 @ 9:49AM GMAC, the General Motors Corp financing affiliate that received a $6 billion infusion from the government, completed a multibillion dollar debt swap on Wednesday designed to bolster its capital.
  • 2008 ... A year in review Tuesday, December 30, 2008 @ 12:21AMApril 1 — Though Malden Grade officials agree to meet with Princeton High School and Princeton Elementary officials, Malden Superintendent Deb Dalton says the Malden School Board is unanimous in not wanting reorganization.
  • Fallout begins after dismal holiday season Tuesday, December 30, 2008 @ 12:12AM NEW YORK — The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores are expected to do the same — meaning more empty storefronts and fewer...
  • Retail fallout from the holiday slump begins in bankruptcy court Tuesday, December 30, 2008 @ 12:09AM Some experts predict the most store closings in 35 years.
  • Apocalypse for some retailers? Tuesday, December 30, 2008 @ 12:08AMNEW YORK — The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores are expected to do the same — meaning more empty storefronts and fewer brands on store shelves.
  • Fallout begins after dismal holiday season Tuesday, December 30, 2008 @ 12:08AMThe fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores expected to do the same.
  • Fallout begins after dismal holiday season; store closings likely to be most in more than 3 decades Tuesday, December 30, 2008 @ 12:04AMNEW YORK - The fallout from the horrific holiday season for retailers has begun, with the operator of an online toy seller filing for bankruptcy protection and more stores expected to do the same - meaning more empty storefronts and fewer brands on store shelves. Advertisement: Renville FREE lots available in Renville Estates! The newly developed Renville Estates provides lots for ...
  • Trust Buys Trio Of Shrine Building Condos Tuesday, December 30, 2008 @ 12:04AMJoshua B. Lawhead, acting as trustee for a trust dated Nov. 10, 2008, has bought three roof garden condominiums at the Shrine Building, 66 Monroe Ave.....
  • National Retailers Clear Out Inventory Tuesday, December 30, 2008 @ 12:04AMAfter a weak holiday, the day after Christmas may have been the busiest shopping day of the season, allowing retailers to clear out old inventory, an ....
  • Brown ‘Angry’ With Banks, Preparing New Plan for U.K. Economy Monday, December 22, 2008 @ 8:25AMDec. 22 (Bloomberg) -- Prime Minister Gordon Brown said he is “angry” with banking executives for their part in triggering the financial crisis and is preparing a new wave of measures to bolster Britain’s economy next year.
  • Holt decides to run for Senate Monday, December 22, 2008 @ 8:19AMCLINTON – Republican Freeholder Matthew Holt has decided to run for the open state Senate seat in the 23rd Legislative District left open upon the election of its current occupant, Republican Leonard Lance, to Congress.
  • New Mexico Software Shareholder Update from Chairman and CEO Dick Govatski Monday, December 22, 2008 @ 8:18AMNew Mexico Software, Inc. (OTCBB:NMXC):
  • Miller slams banks after car meeting Monday, December 22, 2008 @ 8:13AMCanadian banks are "gouging" consumers in these times of tighter credit, Bruce-Grey-Owen Sound MP Larry Miller said after he met with more than 20 car [...]
  • 2009 Dollar Outlook Monday, December 22, 2008 @ 7:29AMIn 2009, assuming that the global economy finds a trough by summer, we see the dollar rallying further into the trough, but underperforming most other currencies as the world recovers in 2H. The swings in the global business cycle will likely be the dominant driver for the dollar.
  • Global of Kuwait Plunges as HSBC Hired to Rework Debt (Update1) Monday, December 22, 2008 @ 7:21AMDec. 22 (Bloomberg) -- Global Investment House KSCC , Kuwait’s biggest investment bank, declined to the lowest in more than four years after appointing HSBC Holdings Plc to help renegotiate loans owed to foreign lenders, sparking concern of a default.
  • $17.4-billion buys time for Detroit Friday, December 19, 2008 @ 8:46PMBush gives stern message to GM, Chrysler