Sentences with phrase «increase your debt service»

Stoking the economy under these conditions, we will breed inflation forcing the Fed to increase interest rates which will stifle growth and increase debt service costs.

As has been experienced by Alberta and other jurisdictions, a lower credit rating materially increases debt servicing costs (i.e. interest payments).

The site comes with pros — such as 93 parking spaces guaranteed to stay in municipal control — and cons, such as substantially increasing the debt service, taking on maintenance of an older building, and a need to hire new Department of Public Works staff to keep up with facilities.

For example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher pension and healthcare funds will account for an additional $ 620 million.

By refinancing your debt at lower interest rates, you enable yourself to increase your debt service ratio.

Not exact matches

The Penn model found that the bill would increase the federal deficit by $ 1.327 trillion over the first 10 years after it becomes law (not including debt - service costs).

The basic problem is that during each recession, governments increase their debt load to stimulate the economy and maintain (or even increase) services, but rarely cut back on their debt loads or services during the prosperous times — creating a long - term upward trend in indebtedness that Tony Boeckh of The Boeckh Investment Letter calls the «debt supercycle.»

Considering its strategic orientation of growing through acquisition, ACT has some latitude at the rating for periodically elevated leverage, but we believe that negative rating pressure would emerge if a transaction caused fully adjusted debt to EBITDA to exceed 3.5 x with risky prospects for a return to below 3.0 x. Moreover, the rating would be under pressure if increased competition caused weaker earnings, particularly from merchandise and services, keeping debt to EBITDA above 3x.

This is because the province has accumulated a large public debt that given the prospects for an economic slowdown and / or rising interest rates will potentially increase fiscal pressure via debt service costs which in 2016 - 17 totaled $ 11.7 billion or just over 8 percent of total government spending.

As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden of refinancing the debt considerably heavier, and as more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased austerity.»

This eliminates direct currency risk for US investors, but raises the possibility that a strengthening dollar or weakening local currency could make the debt harder to service, increasing credit risk.

The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US dollar's status as the preeminent international reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»

The idea was to cut off revenues from the «beast» (i.e., government) and then argue that the resulting deficits were bad for the economy and that government programs and services would have to be cut to eliminate the deficit and stop the debt from increasing.

It would not be surprising if the household sector had become more sensitive to news about interest rates, given the increased debt and debt servicing loads that it is now carrying.

Interest and amortization payments to savers tend to increase beyond the economy's overall ability to pay as debt service absorbs more and more personal disposable income and corporate cash flow.

«If you assume that for many years China has been misallocating investment (by which I simply mean that the resulting increase in productivity generated by the investment was less than the correctly calculated debt - servicing cost)...» How about not «assuming» and offer proof?

In that case any credit - fueled increase in investment would likely have resulted in a net improvement in China's debt servicing capacity, in which case, with government debt at well below 25 % of GDP, rising debt would not be a concern.

A dynamic is put in place in which debt keeps labor down — not only by eating up its wages in debt service, but in making workers suffer sharp increases in the interest rates they have to pay or even risk losing their homes if they miss a payment by going on strike or being fired.

There are many other ways of allocating a significant portion of the debt - servicing cost to unwilling agents in the economic equivalent of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.

Everyone agreed that debt in China is still growing far too quickly relative to the country's debt - servicing capacity, but the pace of credit growth seems to have declined in 2017, even as real GDP growth held steady and, more importantly, nominal GDP growth increased.

They can only be made consistent if Washington also unleashes an infrastructure building program, a policy initiative consistent with either of the other two, on a truly heroic scale — which, as an aside, I suspect would be a smart strategy under any circumstances as American infrastructure needs are so great that the consequent productivity increases would fully service the associated debt long before they stopped adding value to the economy.

Huge increases in supply and large debt loads that needed to be serviced saw iron ore prices collapse as the supply and demand curve proved non-linear.

The ongoing growth in debt has seen a steady increase in interest payments as a proportion of disposable income, and at the end of 2003 this measure of the debt - servicing burden exceeded its previous peak in the late 1980s (Graph 31).

The ongoing accumulation of household debt has led to a further increase in the debt - servicing ratio; interest payments as a proportion of disposable income rose to 9.3 per cent in the September quarter (Graph 23), and are expected to rise further.

The recent rise in the debt - servicing ratio is largely a result of households increasing their debt levels, rather than an unexpected sharp rise in interest rates, as occurred in the late 1980s.

At some point, increases in the debt - servicing ratio should eventually begin to constrain households» ability to increase their indebtedness.

Despite a slight increase in long - term interest rates in recent weeks, he said interest rates remain extraordinarily low and debt service levels comfortable.

With global demand slackening and faster economic growth necessary to service an increased debt load, one can see why China's leaders are urgently trying to transition to an alternate growth model not wholly reliant on exports and internal infrastructure.

While lower global interest rates have helped contain debt - servicing costs, the past year or so has seen a significant increase in net dividend payments.

It, and the foreign currency debt servicing payments, are therefore subject to valuation effects when the exchange rate changes; currency depreciation increases the debt - servicing costs in Australian dollar terms.

The expansion of household debt has meant that the debt - servicing ratio — the ratio of interest payments to disposable income — has increased further over the past year (Graph 29).

The financial intermediation service charge currently increases the ratio by around 1.4 percentage points, of which around half is attributable to housing - related debt.

That claim got turned into a banner wrap on Premier Clark's election tour bus for a «debt - free BC» and also hints at tax cuts and increase public services to boot.

Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to service our existing debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management services to certain ships and certain other services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.

The effects of interest rate changes in the 1990s are visible as cyclical rises and falls in debt servicing, around a slowly rising trend, caused by the increase in debt levels.

Such was the crisis that we were expected to do little more than borrow more to incur more debt but not for the purpose of growing the economy but rather for servicing a fast - increasing debt.

«No matter what the Administration is painting as a rosy picture that there's going to be a decrease in the overall debt, I just don't see how a project of $ 192 million plus other projects that we have been assured will move forward at a cost of $ 93 million and knowing that union contracts will be up for ratification throughout the next several years, there's no way that the county can say that our taxes will not increase and that I can't imagine will be able to stay under the cap unless we decimate services,» says Strawinski.

DiNapoli says Syracuse received good scores in part because of increases in its bond rating; service agreements with local not - for profit institutions; and the practice of paying off debt in time and in full.

This practice does not have any impact on total debt service costs, but increases spending in the year the prepayment is made and reduces it in the subsequent year, thereby causing the growth rate from year to year to appear lower.

Thus, drop in revenue in 2016 adversely affected government revenue and increased the requirement for borrowing and debt servicing thereby impacting the funds available for capital expenditure.

A contingency budget should not be a zero increase in the tax levy; it should be set it at the cap and contain necessary exclusions (debt service, increases in pension costs, tax certiorari payments and costs due to enrollment increases, etc.);

The authority's finances improved this year with almost a $ 500 million increase in tax revenues, and costs such as energy, debt service and pension contributions have decreased.

The de Blasio administration says that the increases are more than offset by savings related to health care costs, debt service, and agency adjustments.

Huntington, for example, will delay capital projects if borrowing will cause debt service costs to increase, Nadelson said.

City - funded spending is projected to increase at an average annual rate of 4.6 percent between Fiscal Years 2013 and 2018, driven by higher labor costs and debt service.

Even if spread over a 30 - year term, the annual payments on those new bonds would be roughly half a billion dollars — corresponding to nearly a 10 percent increase over current debt service.

Once the likely costs of benefit payments and increased debt interest were taken off the spending total, the amount left to spend on public services faced an inevitable squeeze.

A rise in the global lending rate increases the cost of servicing debt and magnifies the risk of sovereign defaults in general.»

Gergen also spoke about the need to increase student funding and financial aid at Harvard's public - service schools in order to attract the best students and lessen the burden of education debt.

He also worked tremendously to increase access to higher education — initiating the first university - wide program in America to ease the debt of graduates pursuing careers in public service and the not - for - profit sector.