Sentences with phrase «default on its debt by»

CNBC's John Harwood with a look at JP Morgan Chase CEO Jamie Dimon and today's speech at the US Chamber of Commerce event, where he criticized the extent of Dodd - Frank regulation and the possibility the U.S. may default on its debt by not raising the debt limit.

While it's unclear how many people actually do default on their debts by leaving the country, some recent statistics in Dubai suggest that it has become more prevalent since the economic downturn.

Not exact matches

It hopes to submit its restated financial statements for 2015 to regulators by April 29 to avoid defaulting on its debt.

«But Clinton is convinced that most American voters did not intend to greenlight a radical anti-govenrment agenda and were appalled by the near default on U.S. debt and the downgrading of U.S. Treasuries.

It may now be forced to default on its debt to international lenders if not bailed out by the Russian government.

Officials in Washington, D.C., and San Juan have expected for some time that Puerto Rico would default Monday on debt owed by its Government Development Bank.

In addition to factors previously disclosed in Tesla's and SolarCity's reports filed with the U.S. Securities and Exchange Commission (the «SEC») and those identified elsewhere in this document, the following factors, among others, could cause actual results to differ materially from forward - looking statements and historical performance: the ability to obtain regulatory approvals and meet other closing conditions to the transaction, including requisite approval by Tesla and SolarCity stockholders, on a timely basis or at all; delay in closing the transaction; the ultimate outcome and results of integrating the operations of Tesla and SolarCity and the ultimate ability to realize synergies and other benefits; business disruption following the transaction; the availability and access, in general, of funds to meet debt obligations and to fund ongoing operations and necessary capital expenditures; and the ability to comply with all covenants in the indentures and credit facilities of Tesla and SolarCity, any violation of which, if not cured in a timely manner, could trigger a default of other obligations under cross-default provisions.

Combining this with poor sales growth results in a dismal outlook for earnings 3) the pressure on earnings will continue to hurt capital spending, which is usually just a magnified image of earnings, 4) the same factors will continue to raise default rates, causing earnings problems and debt downgrades among banks and financial companies, 5) earnings shortfalls will also lead to continued job cutbacks, with the unemployment rate rising to at least 5.5 % (indeed, once the unemployment rate has advanced by 0.5 % from its lows, it has never reversed until rising by least 1.5 % off those lows).

In 2011, when congressional Republicans were threatening to allow the government to default on its debts if their policy wish list was not met, Powell met with a number of GOP lawmakers, urging them to reconsider their strategy by pointing out the serious risks involved.

Credit - default swaps on the senior debt of Banco Espirito Santo were the worst performing among financial companies around the world this week jumping 54 percent to the highest in eight months, according to data compiled by Bloomberg.

The net amount of the bank's debt protected by credit - default swaps almost doubled to a two - year high of $ 940 million on July 4 since April, according to the Depository Trust & Clearing Corp..

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Tsipras is seeking to assuage the left flank of his party — some of whom want Greece to default on its debt altogether — by focusing on tax increases for companies and high - income individuals instead of spending cuts.

If I were thinking about purchasing GECC's debt, I would first ask myself the following question: In the event that GECC were on the verge of a debt default and a bailout by the parent company would require a sum of money that would put undue hardship on GE, would GE guarantee GECC's debt?

Recently gold challenged it's all time highs, being propelled largely by renewed concerns over the Greek debt crisis and the possible ramifications a default could have on global financial markets.

Credit default swaps on Saudi Arabian debt have ballooned, and Dubai's debt pile, estimated to have reached $ 130 billion at the end of 2015 by the Institute of International Finance, is once again garnering the attention of distressed debt investors.

A downgrade on debt issued by the United States would have less severe consequences than a default, which takes places when a government fails to pay its creditors.

And inasmuch as creditors insist on protecting themselves from inevitable default by possessing collateral, it is natural that most of the economy's debts are owed on its largest asset: land and buildings.

The U.S. has no other feasible alternative than DEFAULT ON THE DEBT OR DEVALUE THE DOLLAR... and rest assured Washington will elect for the latter by trashing the greenback, which will catapult the gold and silver prices into orbit.

It's a near certainty with the island likely to record its first default on August 1st (the commonwealth failed to make the necessary deposit to cover debt of its Public Finance Corporation due August 1st), and with the governor's Economic Recovery Working Group expected to make reform recommendations by August 30th.

Restructured debt backed by Treasuries and issued by emerging market countries after defaulting on original loans.

Moody's Investors Service announced it would review «for possible downgrade» the credit ratings of five states, including Maryland, that could be hit particularly hard if Congress fails to raise the nation's debt limit by the Aug. 2 deadline and defaults on its financial obligations.

Already Buhari has started giving excuses for the abysmal performance.He attributed the quagmire to drop in the price of oil globally and cleverly laid the blame on the doorsteps of all Nigerian accusing them of relying solely on oil.All renowned rating agencies including fitch continue to downgrade Nigeria ever since Buhari took over and it is projected that Nigeria will not be able to repay its debt obligations.Fitch for instance downgraded Nigeria's longterm foreign currency issuer default rating to B + from BB - and longterm local currency IDR to BB - from BB.The general position expressed by almost all the Briton wood institutions is that Nigeria's fiscal and external vulnerability has worsened under Buhari and it is projected that the government's general fiscal deficit could grow up to 4.2 % by the end of 2016 after averaging 1.5 % under the previous regime.A recent capital importation report by Nigeria Bureau of Statistics confirms that, last year, the country recorded total inflow of capital into the economy stood at $ 9.6 billion which was a 53 % drop from previous year and the lowest recorded total since 2011.

In another twist, UKEF has, following a lot of pressure from the Jubilee Debt Campaign, just published information showing that overseas countries owe the UK millions of pounds as a result of defaulting on payments for weaponry bought by the likes of Egypt's General Mubarak and Iraq's Saddam Hussein.

Washington (CNN)-- A back - up plan proposed by Senate Republican Leader Mitch McConnell that would keep the U.S. government from defaulting on its debts next month is viable and under consideration by Senate Democrats, according to Sen. Dick Durbin, the No. 2 Democrat in the chamber.

Hon. K. T. Hammond was sent by President J. A. Kufuor to Paris and London to amicably resolve the US$ 47 million default judgment debt with SG by convincing the Company to accept the US$ 14 million out - of - court settlement instead of insisting on the US$ 47 million judgment debt.

A similar agreement was reached eight years later with the Paris Club of creditor nations (the last remaining Argentine debt still in default besides bonds held by holdouts) on debt repayment totaling $ 9 billion including penalties and interest.

Though I begin by looking at outcomes among borrowers, for most of the report I will focus on default rates and debt burdens among all entrants of a given cohort and demographic group, including those who never borrowed.

Unfortunately, because the U.S. Department of Education does not regularly track borrowers by race, data limitations have hampered efforts to connect research on racial gaps with detailed new studies of debt and default patterns.

Remember that banks make money by lending to borrowers likely to generate income, without defaulting on their debts.

But given the history of fraud and abuse in the debt relief industry, the inability to provide any legal advice, and the carnage that can be done by defaulting on debt without some real protection, the debt settlement company and credit counselor risks are too great and the advantages too nominal.

Interest coverage of 1.7 times cash flow is very low, and akin to what one gets on CCC - rated debt, except that the loans are typically secured by the assets of the company, which lessens the severity level of defaults.

«While banks wrote off a total of $ 75 billion in credit card debt, the level of the debt only declined by around $ 67 billion» and «the entire decrease in overall debt is the direct result of Americans defaulting on their debt»!

If you are being contacted by a debt recovery service, it means there is a record that you have defaulted on a loan and currently have delinquencies.

By completing and submitting a borrower defense application, you may have all of your federal student loans in repayment placed into forbearance status and have debt collections on any federal student loans in default stopped («stopped collections status») while ED reviews your application.

Individuals with lower risk appetites may want to look at these funds since all Treasury securities are backed by the full faith and credit of the U.S. government, which has never defaulted on its debt payments.

Secured debts get their name from the fact that the loan is secured by collateral — the mortgage on your home, for example — that can be seized and sold by your creditors in the event that you default on your payments.

The American Enterprise Institute for Public Policy Research recently published a study that indicated that «by all relevant debt indicators, the U.S. fiscal scenario will soon approximate the economic scenario for countries on the verge of a sovereign debt default.»

Typically, debt buyers purchase defaulted consumer debts by the thousands for pennies on the dollar.

Please don't put all the blame on the borrowers — the banks are at fault as well and all they care about is that bottom line — and also if you default — the bank gets to discharge your debt and can claim in on their taxes as a loss there by still making money off you.

While borrowers represented by Republicans have lower levels of debt, they are much more likely to default on their loans.

The effect of credit default swaps and collateralized debt obligations on default in the short run is modest at best (even the article says CDOs lower borrowing costs by 3 - 5 basis points).

By guaranteeing the loan, Jane can now be held liable for the outstanding balance of the debt if her ex-partner has defaulted on the loan repayments.

a) Disputes filed - 18 months b) Inquiries - 2 years c) Payment profile -5 years d) Information related to a consumers payment behavior such as slow payer, defaulted or absconded - 1 year e) Information relating to the action that a credit provider has taken against a consumer to enforce a debt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afrdebt such as handed over, legal action or write - off - 2 years f) Debt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South AfrDebt restructuring - Until a clearance certificate is given g) Civil court judgments - 5 years or until the court removes it h) Administration orders (orders to put a consumer under administration)- 10 years or until the court removes it i) Sequestrations (order given by the court where the consumer is insolvent)- 10 years or until the court removes it j) Liquidations (order given by the court where the consumer is insolvent)- no time limit k) Court order removing a liquidation or sequestrations after all the debt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Afrdebt was paid - 5 years l) Other information (information not covered above)- 2 years Other Useful Topics Learn how to dispute information on your credit report in South Africa.

Some borrowers applying to refinance their student loan debt with lenders through the Credible platform have almost shot themselves in the foot by declaring on their application that they've defaulted on a loan.

Secured debt is debt that is secured by tangible property that your lender can take possession of to settle the debt if you default on your payments.

Investment - grade bonds are issued by entities with a lower risk of defaulting on debts, such as the U.S. government and corporations on sound financial footing.

About 179,000 of the borrowers identified by the Department are in default on their student loans, and of that group more than 100,000 are at risk of having their tax refunds or Social Security checks garnished to pay off the debt.

An increasing number of older Americans have defaulted on their federal student loans, which are administered by Education, and have a portion of their Social Security retirement or disability benefits withheld above a minimum benefit threshold to repay this debt.

Secured debt is a formal contract backed by assets that can be sold as collateral if the firm defaults on the loan.