Not exact matches
And while most emerging market
debt continues to be issued in local currencies, the IIF said that foreign currency denominated
debt issued in these nations swelled by $ 800 billion
last year to a record high of $ 8.3 trillion.
In Watsa's view, this is an irrational market reaction, given that RIM is a
debt - free company which earned $ 19.9 - billion in its
last fiscal
year.
«Global levels of
debt across all sectors rose by $ 21 trillion
last year accounting for more than 80 % of the total $ 25 trillion increase since 2012.»
However, while overall
debt levels increased sharply
last year, it was actually slower than the increase recorded in nominal GDP, seeing the global
debt - to - GDP ratio fall to 318 %.
According to the Institute of International Finance (IIF), global
debt levels rose by a further $ 21 trillion
last year (US dollars), leaving total outstanding
debt at $ US237 trillion, the highest level on record.
Total household
debt reached $ 12.58 trillion
last year.
The unit in Ghana has declared losses over the
last three
years and has uncollectible trade
debts due to tough economic conditions and a currency devaluation in the cocoa - rich country.
A lot of credit card
debt, of course, has in the
last few
years been shifted over to lower - interest lines of credit, usually unsecured.
Student
debt in the United States reached a record $ 1.31 trillion
last year, emphasizing a student loan crisis that has drawn attention from both political parties.
One of my constant points on this blog for the
last several
years has been that households» refinancing of their mortgage
debt at lower and lower rates has put more money in their pockets for spending and for paying down
debt.
In its
last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector risks over the next two
years against the risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector
debt.»
Commercial developers have engaged in their own orgy of
debt - fuelled construction projects, bidding up land values threefold
last year and erecting countless office towers, malls and hotels.
The IMF said
last year that it would provide Greece with 1.6 billion euros ($ 1.93 billion) in funding, after an agreement on
debt.
This took three
years of focused budgeting and willpower, but I'm happy to say that I completely wiped out my student loans, credit card
debt and all but the
last $ 1,500 of my car loan — which is on track to be paid off in September.
This creates a situation not unlike
last year's
debt - ceiling showdown in the United States.
In March
last year, the company had a successful
debt offering that raised $ 14.5 billion to help it fund the acquisition of Salix Pharmaceutical.
The company had a net loss of 10 million yuan (US$ 1.57 million) in the first half of
last year, a bond default this
year, and it has racked up
debts of at least 3 billion yuan.
Last year, Spotify lost $ 200 million and had to raise $ 1 billion in
debt financing just to remain in business.
So while it can be a complex topic to tackle, carefully considering your lifestyle, assets and
debts will allow you to calculate a rough estimate of how long your money will
last beyond your income - generating
years.
Last year, the National Consumer Law Center (NCLC), a nonprofit advocacy group, studied the student loan
debt relief industry.
The average American has a credit card balance of $ 6,375, up nearly 3 percent from
last year, according to Experian's annual study on the state of credit and
debt in America.
Consumers who used
debt to fund holiday purchases
last year took on an average of $ 1,003 in new
debt, according to MagnifyMoney.
Perth - based contractor and surveyor OTOC has obtained approval for an $ 8.1 million
debt facility from the Commonwealth Bank of Australia, on top of an $ 8.2 million facility it was awarded from the CBA
last year.
On average, the CEOs would allocate 19 % of new government money to paying down the
debt, versus 33 % in October of
last year.
Ignoring
debt could be particularly worrisome, given the way enormous
debt loads already sank many companies
last year.
But the Vegas hotel fell into the hands of Onex, which separated the Strip property from its parent
last year after strategically acquiring more than US$ 200 million of its
debt — at discount prices.
As we saw in the United States
last year, when legal
debt limits are approached, politicians invariably vote to raise them.
The springboard for Altech to submit their licence application to MIDA was delivered late
last year when it secured a remarkable German Government
debt guarantee for US$ 170 million in project funding which shifted the venture into the development phase.
By the time Priszm stopped distributions
last year, its ability to pay down
debt was already in doubt.
Essar Steel is among a dozen https://www.reuters.com/article/india-bankruptcy/indias-bhushan-essar-steel-amon g - 1 2 - f i r m s - b e i n g - m o v e d - t o - i n s o l v e n c y - c o u r t s - s o u r c e s - i d U S L 3 N 1 J D 3 3 F of India's biggest
debt defaulters that were pushed into the bankruptcy court
last year after a central bank order aimed at clearing record bad loans at the country's...
Over the
last few
years, China's
debt - to - GDP has ballooned to more than 300 percent from 160 percent a decade ago, causing many people, including Chinese officials, to warn of a financial - sector
debt bubble that's waiting to burst.
Last year, Jefferson County, which includes Birmingham, filed for what was at the time the largest U.S. municipal bankruptcy claim after losing over $ 3 billion in sewer
debt.
The average
debt of a Harvard MBA
last year was $ 77,880, up from $ 73,110 a
year earlier.
About $ 551 million in margin
debt was reported to the NYSE in August, compared to about $ 471 million
last year.
About $ 551 million in margin
debt was reported to the New York Stock Exchange in August, compared to about $ 471 million
last year.
Given the softening economy in the latter half of
last year and first months of 2013, Finance Minister Jim Flaherty's target of getting back to balance by 2015 — after piling up $ 172 billion in
debt in eight
years — will depend on three assumptions all coming to good.
(To help support its content habit, Netflix has raised long - term
debt, closing a $ 1.5 billion borrowing round
last year.)
The average MBA
debt last year hit a record $ 107,172 at Sloan, up 25 % in four
years from $ 86,688.
Late
last year, economists at CIBC said rising household
debt was to be expected; Canadians «responded rationally to an era of very low interest rates.»
The economy has registered one of the strongest performances in the euro area in the
last few
years — after the troubles seen during the sovereign
debt crisis.
And
last month, an international financial group owned by the world's central banks said Canada's credit - to - gross - domestic - product and
debt - service ratios show early warning signs of potential risk to the domestic banking system in the coming
years.
As quid pro quo for lifting the U.S. government's
debt ceiling
last year, Republicans in Congress demanded $ 1.2 trillion worth of budget cuts over the next decade to drag Washington back into solvency.
Las Vegas Sands over-expanded and over-levered in the
last few
years and now has over $ 10 billion in
debt to deal with.
But more disturbing to me if you look at the
debt that is being issued in the
last two
years back in 0» 6,»07 28 % of that
debt was B rated.
Today 71 % of the
debt that's been issued in the
last 2
years is B rated.
The new finance chief of Spain also told CNBC that the southern European economy has been growing at a solid pace of about 3 percent in the
last four
years, but this doesn't mean that the problems raised during the euro zone sovereign
debt crisis are over.
The report noted that one area that has worsened in the
last 30
years has been the rising cost of housing, which has been attributed to bigger mortgages and more
debt.
The 7/22 FT reported: «Across countries that use the euro, average
debt to gross domestic product reached 92.9 per cent in the first quarter of 2015, up from 92 per cent in the previous quarter and 91.9 per cent in the same period
last year, according to figures from Eurostat, the EU's statistical agency.»
Earlier today, the credit ratings agency Moody's noted that China's total
debt has climbed to 280 % of gross domestic product, including China's state - owned company liabilities that totalled 115 % of GDP at the end of
last year.
The giant accounting firm announced
last year that it would pay up to $ 7,200 in student
debt for employees — as much as $ 1,200 a
year for six
years.