Sentences with phrase «large public debt»

Economic developments determine how much revenue the government collects and how large public debt charges will be.

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.

Meanwhile, Catalonia has amassed one of the largest public debts of Spain's regions, at roughly 72.2 billion euros ($ 86.9 billion) in 2016.

According to Australian economist William Mitchell, ``... the Japanese experience with sustained high fiscal deficits, the world's largest public debt to GDP ratio, close to zero interest rates, and deflation, was totally at odds with (neo-liberal) economic theories.

March 30, 2010 • William Galstonover worries that large public debts are likely to lead to higher interest rates and slower growth.

Not exact matches

And since debt analysts are busy trying to re-establish their credibility with market participants and the public at large, the downgrades now arrive fast and frequently.

A large share of Italian debt issued under domestic legislation does not have any contract terms and is regulated by an Italian law that gives the Italian Treasury ample latitude to restructure the debt... The composition of Italian public, however, is changing rapidly because in January 2013, Eurozone members started issuing bonds with standardized contract terms.

SecondMarket is the largest centralized marketplace and auction platform for illiquid assets, such as asset - backed securities, auction - rate securities, bankruptcy claims, collateralized debt obligations, limited partnership interests, private company stock, residential and commercial mortgage - backed securities, restricted securities and block trades in public companies, and whole loans.

March 25 - Remington Outdoor Co Inc, one of the largest U.S. makers of firearms, filed for bankruptcy protection on Sunday to carry out a debt - cutting deal with creditors amid mounting public pressure for greater gun control.

The American public still believes in immigration, free trade, debt reduction, and tax reform, sometimes by large margins.

Puerto Rico is grappling with the largest municipal debt crisis in U.S. history, with both its government and the public utility having filed for bankruptcy protection amid fights with creditors.

Attending one of these top public colleges can leave you with debt below the national average and a large return on your investment.

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

The Congress faces an array of policy choices as it confronts the challenges posed by the amount of federal debt held by the public — which has more than doubled relative to the size of the economy since 2007 — and the prospect of continued growth in that debt over the coming decades if the large annual budget deficits projected under current law come to pass.

We invest across the entire capital structure, including senior and subordinated, secured and unsecured debt as well as equity, in both public and private large - cap and middle - market companies.

The effect is to load the economy at large down with private and public debt.

Jason assists issuers, investment dealers, investment portals and institutional and private investors on complex equity and debt financing transactions, ranging from start - up investments, venture capital and private equity investments, to larger public offerings and project finance.

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.

The reduction in public sector debt has been larger in Australia than in the United States (and elsewhere) and the short - term outlook is for this to continue.

We have government debt, corporate debt, and a much larger Fed balance sheet (which, some people argue, drove bond buying by the public), but those are offset by a significant deleveraging in household and financial sector debt.

Today the USA has created one of the largest debts ever recorded, both the public and private sector are heavily indebted, and much of that debt was created while global central banks were keeping rates at record lows over the last decade.

That statement would clearly be more reassuring to Americans had not the largest bank in the U.S. in 2008, Citigroup, blown itself up while lying to the public and its shareholders about its exposure to subprime debt and holding more than $ 1 trillion in assets off its balance sheet.

Furthermore, he noted: «If there had been no public debt, and no means of disbursing this large sum [$ 45 million since March 1853 by Treasury bond repurchases] and again giving it to the channels of commerce, the accumulated [sterilized] sum would have acted fatally on the banks and on trade.

Prior to the Great Recession, our public debt was half as large (relative to the size of the economy) as the one we have now.

The company is one of the public services that were swiftly privatized in recent years, supposedly to help pay the foreign debt (though the debt is now larger than ever).

«As of May 2011 the largest single holder of U.S. government debt was China, with 26 percent of all foreign - held U.S. Treasury securities (8 % of total US public debt).»

Among the large allocations receiving the initial OK are $ 179,472 for the Naperville Exchange Club's Ribfest, $ 168,838 for the Jaycees» Last Fling, $ 150,000 to the Naperville Development Partnership for restaurant marketing, $ 150,000 for the DuPage Children's Museum debt, $ 146,494 for Riverwalk maintenance, $ 137,004 for the Naperville Municipal Band and $ 132,497 for Century Walk public art.

Each of them with their particularities, Greece, Portugal, Italy and Spain all share the challenge of dealing with the consequences of sustained large current account deficits, the accumulation of public and private debt and a protracted banking crisis.

Because today's sprawl is too often built with public debt that allows upstate developers to build big houses on large lots in what were, till yesterday, green fields.

If public sector workers are given a bigger pay rise than the 1 % promised by the Government, it will lead to «debts ever larger for our children and our grandchildren to have to pay off», a senior minister said.

However, throughout the second half of the 20th Century, national debt and public sector borrowing emerged as a structural problem in most developed economies, with large deficits being run year after year, as the role and «size» of the state has grown.

«Previous studies have also noted that the financial condition of the most troubled institutions is, to a large extent, a product of an inefficient expense structure, revenue challenges associated with a patient mix that approaches 90 percent public payers and charity care, and overwhelming liabilities (including debt issued long ago for physical plant improvements that, in some cases, are obsolete),» the health department said in its announcement.

The Board's concerns include that «large holders of Puerto Rico debt will seek to raise their stakes and collateralize their debt with the island's public infrastructure: roads, bridges, sewers, water systems, and other public assets.»

- Administering the New York State and Local Retirement System for public employees, with more than one million members, retirees and beneficiaries and more than 3,000 employers; - Acting as sole trustee of the $ 129 billion Common Retirement Fund, one of the largest institutional investors in the world; - Maintaining the State's accounting system and administering the State's $ 12.6 billion payroll; - Issuing reports on State finances; - Managing the State's assets and issuing debt; - Reviewing State contracts and payments before they are issued; - Conducting audits of State agencies and public benefit corporations; - Overseeing the fiscal affairs of local governments, including New York City; - Overseeing the Justice Court Fund and the Oil Spill Fund Acting as custodian of more than $ 9 billion in abandoned property and restoring unclaimed funds to their rightful owners;

Both Yonkers and Syracuse face large budget deficits, while the public debt of the city of Utica and Rockland County have been downgraded.

Large deficits today mean that the public debt will rise sharply as a percent of national income.

When it comes to addressing the a total public debt as large as the nation's Gross Domestic Product, Obama promises a freeze that will save $ 400 billion over 10 years.

[vii] Thus, the average per - student debt of the combined group of black students attending public and private nonprofit graduate schools is not larger than the per - student debt of the group attending for - profit graduate schools.

Massive pension debt crowds out other education funding, and in some cities, has forced reductions in crucial, basic public services, or caused large tax increases.

I seem to have been on a science fiction kick lately, but this one — while written a few decades ago — seems to have a lot of today's details involved with its plot: a government growing larger and larger, increasing unemployment, an ever - increasing public debt, and inflation growing unchecked.

And, aside from successful maturity dates, the same would be true of large amounts of debt — there might be a public market available for small amounts of it, but just try to buy or sell a big amount, and pricing conditions are rarely favorable.

Many public service jobs require increasingly high levels of education, which forces people to accrue larger debt, according to the report — even as they enter professions with traditionally low salaries.

Other than to its employees, contractors and affiliated organizations, as described above, Debt Consolidation Programs discloses potentially personally - identifying and personally - identifying information only in response to a subpoena, court order or other governmental request, or when Debt Consolidation Programs believes in good faith that disclosure is reasonably necessary to protect the property or rights of Debt Consolidation Programs, third parties or the public at large.

But the opposition parties warn it's a ticking time bomb that will herald a new wave of public sector job cuts and provoke a downgrade of Ontario's debt rating, jacking up borrowing costs that are already consuming about $ 11 billion a year — its fourth - largest expense.

The program is really designed to benefit those public servants that have extremely large amounts of student loan debt and are looking at much more than 10 years to pay it off.

The fact is if you look at the largest fund flows on the retail side tend to be in obviously the large public equity markets or investment - grade debt markets.

As of February 2012, $ 5.1 trillion, or approximately one half of the debt held by the public, was owned by foreign investors, the largest of which are China and Japan who both own over $ 1 trillion in treasury securities.

Public utilities, utility holding companies, and investment trusts were all highly levered using large amounts of debt and preferred stock.

The economic equivalent is the Great Depression and the boom of post WWII; both were radical swings for and against the larger trend of greater trade and prosperity for the USA from founding to today (And if one substitutes public debt to CO2 emissions and switches arguments oddly similar debates arise with the same amount of acrimony on solutions).

He advises a broad range of financial and corporate clients on the structuring, negotiation and execution of various equity - linked transactions, including public and private convertible debt and preferred stock issuances and associated derivative transactions, accelerated share repurchase programs, registered forward sale transactions, margin loan transactions in respect of large stakes in publicly traded companies, and equity - linked hedging and monetization transactions.