Sentences with phrase «more debt each year»

College students needing loans can expect to rack up even more debt this year.

In simple terms, government took real revenue, spent it, and then added more debt each year.

Still, they're taking on more debt each year.

Not exact matches

DAKAR, April 24 - Congo's state miner Gecamines is starting legal proceedings to dissolve its Kamoto copper and cobalt joint venture with a subsidiary of Glencore, blaming the commodities giant for high debts that have weighed on the mine for more than 10 years.

The miner, under the leadership of Executive Chairman John Thornton, has focused for the past three years on reducing debt by more than 50 percent from the more than $ 13 billion it hit at the end of 2014 due to overpriced acquisitions and mine development, including Pascua - Lama.

«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.»

Two more years of economic pain Australia faces a longer period of low growth, higher debt and higher unemployment than predicted just four weeks ago as the wave of job losses gathered strength, with clothing manufacturer Pacific Brands axing 1850 staff across the country.

Interest on the debt, at 9 % of annual budget spending, is now nearly half of what the province spends on each year on education and more than one - fifth of what's spent on healthcare.

We'd be coping with four more years of colossal growth in debt.

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.

For more than 20 years she has helped consumers push the financial reset button when debt triggered by divorce, unemployment, or a costly illness or medical episode became too much to handle.

The more complex debt market has worked wonders in the past few years allowing somewhat riskier companies like Valeant amass more debt, at lower rates, than they would have been able to past.

Of a $ 5 - million loan consolidation to refinance his firm, Matrix Asset Management, he told me more than a year ago, «Once we get the transaction out of the way, then all of our debt falls away.»

«We note Valeant has more than $ 30 billion in total debt and approximately $ 3.8 billion due in 2018 - so the proceeds announced today would cover some but not all of what is due by year end 2018... Valeant has not indicated in its press releases if these deals are dilutive to EPS.

For a retailer with scant discounting and zero debt, Nasty Gal has racked up some seriously drool - worthy numbers: international sales of $ 128 million in 2012, four times higher than the year before; 535,000 Facebook fans; 420,000 Instagram subscribers; 68,000 Twitter followers; and more than 2 million monthly unique visitors to the website in September 2012.

The lines track more or less in sync until a decade ago, when they diverge as home prices shoot toward the stratosphere, the gap growing wider with each year, like huge jaws swallowing homeowners» retirement savings and vacation budgets and pushing them further into debt.

But that pain today would arguably be less severe than if rates go up years from now, when households have piled on even more debt.

Unlike the years before the crisis, the global consensus now is that governments should be agnostic when it comes to fiscal policy; too much debt is problematic (Greece, Spain, etc.), but it can take more than a balanced budget to inspire business confidence and get executives to spend.

In March 2018, SES secured an eight - year EUR 500 million Euro Bond at a low annual coupon of 1.625 % which allows SES to refinance an upcoming debt maturity at more favourable terms.

Japan has already lost its AAA status, and Fitch Ratings recently warned it might downgrade the country's sovereign debt if it issued more than the planned ¥ 44 trillion in bonds next 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.

It's also worth noting that in the same year «The Apprentice» premiered, Trump's infamously ailing casino empire filed for bankruptcy protection as a result of being more than $ 1 billion in debt.

These end - of - the - year pledges tend to be either dour commitments to do something unpleasant but healthful like paying down debt, hitting the treadmill, or eating more Brussels sprouts, or vapid self - help - type resolutions like «realize your potential!»

Women are also taking longer to pay off student debt, according to a report completed this year by the American Association of University Women, despite being more likely to enroll and earning higher grades than most of their male peers.

DAKAR, April 24 (Reuters)- Congo's state miner Gecamines is starting legal proceedings to dissolve its Kamoto copper and cobalt joint venture with a subsidiary of Glencore, blaming the commodities giant for high debts that have weighed on the mine for more than 10 years.

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.

If you have a good payment history you can threaten to take your debt to another company which will charge zero or low interest for a year or more.

While the company could earn $ 300 million this year, they'll have to earn far more than that in the future to make their debt manageable.

For the past seven years, growth has serially disappointed - sometimes spectacularly, as in the depths of the global financial and euro crises; more often than not grindingly as past debts weigh on activity

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.

After all, they've single - handedly powered Hoku Scientific Inc., growing it from a homebased business with credit card debt of more than $ 100,000 to a public company that projects revenue of $ 7 million to $ 10 million for fiscal year 2008.

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.

Toys «R» Us, meantime, was left to pay more than $ 400 million a year in interest alone on its debts.

The proceeds would allow it to reduce debt faster, giving its businesses, which include chemicals, pharmaceuticals and lab equipment, more flexibility, although it ruled out acquisitions worth more than 500 million euros this year.

«A 35 - year or longer mortgage encourages people to take on more debt than they can really afford,» says Debbie Klein, a manager with Credit Counselling Services of Alberta Ltd..

A 2014 report from the New American Foundation estimated that 40 % of loan debt was held by the 14 % of students seeking graduate degrees and the College Board found that graduate students borrow an average of nearly three times more per year than undergraduates.

Second, the average time to maturity on U.S. debt is six years, meaning that most of the low - yielding bonds now on the books will be exchanged for more expensive debt over the next decade.

Over the past 20 years, Canadian households have more than doubled their ratio of debt to disposable income (a key measure of leverage relative to their ability to pay).

Sears Holdings has lost more than $ 8 billion in the last five and a half years, and this summer, Lampert had to step up to provide an additional $ 300 million in debt financing for Sears, half of whose shares he controls.

This means that residents tend to have larger incomes, and have had more years to pay down debts and stash savings away.

Typically retail firms roll over debt to buy time, but interest rates have risen since the last set of buyouts several years ago, making that prospect more expensive.

Progress in a few areas has been solid: slashing of bureaucratic red tape has led to a surge in new private businesses; full liberalization of interest rates seems likely following the introduction of bank deposit insurance in May; Rmb 2 trillion (US$ 325 billion) of local government debt is being sensibly restructured into long - term bonds; tighter environmental regulation and more stringent resource taxes have contributed to a surprising two - year decline in China's consumption of coal.

With long - term debt financing, the scheduled repayment of the loan and the estimated useful life of the assets extends over more than one year.

As you can see, although Alberta was the worst offender in terms of the discrepancy between how big the government predicted the deficit was going to be in fiscal 2013 ($ 882 million) and how big it expects it to be now ($ 3.9 billion), it is still the only province without net debt (that is the accumulated total of annual deficits, which, in turn, result from the government spending more than it generates in revenues every year).

While consumers extracted home equity and took on more debt during 2007, they reverted to actively paying down debt during 2009, creating a remarkable $ 480 billion reversal in cash flow available for consumption in just two years.

The potential counter weights that could cap the 10 - year yield would be a negative stock market reaction that drives investors to bonds; lower interest rates outside the U.S. that make the U.S. debt relatively more attractive, and good demand for longer - dated securities from insurers and others.

More debt was added in those seven years than in the preceding 40 combined.

A significant proportion of households still carry little or no debt, and in the years ahead might choose to borrow more.

If you just pay the minimum (starting at $ 125) and add no other charges, it will take 208 months, or more than 17 years, to pay off the debt.

In fact, investors seeking safety bought even more of the downgraded U.S. debt, pushing prices on 10 - year U.S. Treasuries to within a fraction of face value and yields to an all - time low of 2.13 %.