The Russian
debt crisis hit soon afterward, and the CMBS market collapsed into much disarray.
Creative financing was the name of the game before
the debt crisis hit, as homeowners were handed loans without too much question.
According to IMF estimates of the real effective exchange rate, the competitiveness of the French manufacturing sector has deteriorated by 12 % against Germany since
the debt crisis hit in 2010.
But
the debt crisis hitting the euro zone and the United States makes it unlikely those countries will provide more aid or impose new measures that could hurt their growth prospects.
Not exact matches
The sell off in the market for high yield
debt, or junk bonds, is now
hitting a type of structured bond that is similar to the the type that blew up in the financial
crisis.
Even after the
crisis hit, though, the company was still able to pay its bills The problem was the
debt holders were able to call in their loans when revenue at the company fell past a certain point, which they did.
It has climbed about 9 percent from a low of $ 1.2050
hit in July last year amid a
debt crisis in Spain.
By the time the global financial
crisis hit in 2008, the foundation had 20 percent of its portfolio in microfinance and other impact - driven
debt and equity vehicles.
Government austerity after the 1994 Peso
crisis cut national deficits and
debt, leaving it well - positioned when the 2008
crisis hit.
«The bank's president, Mario Draghi, conceded Thursday that the eurozone's
debt crisis had led to a generalized economic slowdown,
hitting even the strongest countries in the region,» The Wall Street Journal reported.
When the financial
crisis hit the markets in 2008, the Federal Reserve embarked ultra easy monetary policy, which included cutting short - term interest rates to effectively 0 % while suppressing longer term interest rates through the purchases of long term Treasury
debt and mortgage - backed securities — a program informally referred to as quantitative easing.
Making matters worse is the government's management of the
crisis; over the past year, it has persisted in upholding its
debt payments, but has now
hit a brick wall as its foreign reserves have dwindled to US$ 9 billion.
After more than two years of financial
crisis, international bailouts, a huge
debt writedown and Europe's harshest austerity program, Greek voters have been given a chance to
hit back at the parties that got them into this mess.
The Bundesbank, the most hawkish of central banks, has signalled it would accept higher inflation in Germany as part of an economic rebalancing in the eurozone that would boost the international competitiveness of countries worst -
hit by the region's
debt crisis.
B.C.'s
debt - to - income ratio is 160 per cent — the same level reached in the United States just before the financial
crisis and housing meltdown
hit.
It is impossible to say when the next financial
crisis or bear market will
hit global markets, but when it does, there will probably be a lot of questions that concern the real value of
debt.
The danger the United States faces today is that the government
debt crisis scheduled to
hit Congress next spring (when Republicans are threatening to vote against raising the federal
debt limit as the government deficit soars) will provide an opportunity for the wealthy to give a coup de grace on what is left of progressive taxation in this country.
Certainly the current Málaga could do with an extended Champions League run as current owner Sheikh Abdullah Al - Thani has plunged the club into another financial
crisis after an initial spending boom and UEFA have
hit the club with a one year ban from European competitions, possibly extending to four if the club does not clear its
debt.
Puerto Rico was suffering a massive and unprecedented population loss before Hurricane Maria
hit, largely because of a
debt crisis that bankrupted the island's government and crippled the economy.
At the White House, the creator of the
hit musical «Hamilton» called for federal help for Puerto Rico's
debt crisis.
I was a late convert to the idea that we needed to do something quickly... I was persuaded in the few days surrounding the change of government because that's when the sovereign
debt crisis was at its peak... Certainly under the conditions under which we embarked on the election there was no immediate sense of
crisis that
crisis hit us around election time and we had to respond to it... I changed my mind in the days shortly after the election because that was when the sovereign
debt crisis his Europe.
Johnson said that when the
crisis hit Britain's
debt was the second lowest of any G7 country, that
debt interest levels were 15 % lower than when Labour came to office and the interest rates on UK
debt had been falling since the beginning of the year.
You know, like the fact that the last Labour government had reduced the national
debt as a percentage of GDP to its lowest level since WWII before the international financial
crisis hit in 2008.
Evidence is accumulating that the stock market has
hit an intermediate - term peak amid the deepening European sovereign
debt crisis, signs of slower U.S. economic growth and the imminent end to the Federal Reserve's liquidity injections.
What's your Plan B for making payments on your credit card
debt if your family's income unexpectedly drops or you're
hit by a big, unexpected expense or some other
crisis?
If you are
hit with a financial
crisis, and you can't pay all your bills on time for the month, it usually makes sense to pay your secured
debts first.
Poloz also notes that those Canadians with high - household
debt have actually doubled since 2008, when the global economic
crisis hit.
After US was hard
hit by the recent credit
crises, market meltdown and recession — people are finding it more and more difficult to service their
debt.
Yields on both indices last
hit negative territory in April 2015, at the height of the Greek
debt crisis.
Most of the new addition will go to buy International stocks, which have been
hit hard by the
debt crisis in Europe.
As you know, the student loan
crisis has
hit many young Americans very hard and with over 1.3 trillion dollars of student loan
debt and more than 40 million Americans currently living with this burden, it is undoubtedly having an impact on the entire country.
With student loan
debt recently
hitting $ 1.3 trillion, a lot of people are blaming things like the rising cost of tuition, administrative bloat and infrastructure overspending at colleges, and cutbacks in state funding for the
crisis.
Debt fund investors will recall that some three weeks ago, two of JP Morgan's debt funds (JPMorgan India Short Term Income Fund and JPMorgan India Treasury Fund) were hit with a asset quality cri
Debt fund investors will recall that some three weeks ago, two of JP Morgan's
debt funds (JPMorgan India Short Term Income Fund and JPMorgan India Treasury Fund) were hit with a asset quality cri
debt funds (JPMorgan India Short Term Income Fund and JPMorgan India Treasury Fund) were
hit with a asset quality
crisis.
In fact, it was there that he discovered his calling as an attorney working in
debt relief: «Someone comes into the office and has been
hit hard by the
debt crisis.
You don't need us to tell you about the student loan
debt crisis that's
hitting America.