Sentences with phrase «more on each of your debt»

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.

Meanwhile, as the government takes on more debt to fund its daily operations, the cost to service that debt will take up a larger chunk of government spending as well.

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.

This buying and reselling of debt is partly what got the banks into trouble during the recession, which is one reason regulators now force financial institutions to keep more capital on their balance sheets.

Household debt is high, but Bank of Canada governor Stephen Poloz is more focused on sluggish growth

It held more than $ 11 billion in long - term debt on its balance sheet by the end of 2017.

But a poll conducted by Abacus Data on behalf of Maclean's for the Canada Project shows the country's citizens are getting more and more comfortable carrying large amounts of debt — with more of that money coming from family and friends.

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.

Thomson Reuters would receive more than US$ 17bn for the deal, including about US$ 4bn in cash from Blackstone and about US$ 13bn financed by new debt taken on by the new F&R partnership, two of the sources said.

The troubled drugmaker filed its 2015 financial report in late April, allaying concerns about a possible default on its debt of more than $ 30 billion.

Failure to agree on debt relief to Greece would not only make Greece's return to the markets more abrupt but also compromise the credibility of providing financial assistance to European countries.

While $ 1.3 trillion won't do much to change the outlook for inflation or future debt crises, it sure would give a lot of households one last chance to set things on a more positive course.

Taking on more bank debt wasn't an option either, as bankers would have balked at the amount of debt already on Medport's balance sheet.

While it seems counter intuitive, McQuay suggests a strategy of taking on more credit with a new credit card — which could help you to pay down the debt you have now.

D'Alessandro counters that such poor international performance is more likely because of a lack of leadership, a problem extending back to the less - developed - country debt crisis of the late 1970s, when many developing countries defaulted on their bank loans.

If consumers are tapped out or wary of taking on more debt, then bank credit can be expanded to the moon and households will not borrow more money.

To grow, King says, «you have to take on more risk, like taking on more debt or using more of your own money.

There's no new theme to it, just more riffs on the old one of a self - reinforcing spiral of slower growth in China crushing the economies of its raw material suppliers, while an appreciating dollar makes it ever harder for emerging market companies and governments to repay the debts they gleefully took on when the Federal Reserve was giving away dollars for free.

Pioneer has also pledged to retain more of its free cash flow, rather than spending it all and then some on capital expenditures and incurring debt that could sap future profits, as has been common in the industry.

A 2012 study of debt - payoff strategies from Northwestern University's Kellogg School of Management found that consumers paying off small balances first were more likely to have eliminated their entire debt than those focusing on other strategies.

Despite lower pay, women handle credit more responsibly than men, on average, according to Experian, which reports that men have a 7 percent higher incidence of late mortgage payments and 4.3 percent more debt than women.

The negative consequences of pushing more debt on households is also obvious: more loans become uncollectible and go into default, creating more loan losses for banks.

While most of the world would simply buy a larger house, a nicer car and better wardrobe, I've been sinking this cash into several other more productive avenues, including more real estate investments, paying off debt and going on some relaxing vacations.

Failure to agree on debt relief for Greece would not only make Greece's return to the markets more abrupt but could also compromise the credibility of providing financial assistance to European countries.

What's more, once hedge funds start to layer on debt of concentrated loans, the problems worsened.

RIM, on the other hand, has no debt, and sits on more than $ 2 billion of cash.

The debt crisis will change the focus to the probable solution: A future of far higher taxes and a government on autopilot to absorb more and more of the private sector.

More from College Game Plan: Student loan balances hit record $ 1.4 trillion The first steps to repaying your student debt Three ways to avoid the financial death spiral of defaulting on your student loans

Some of the larger banks put a lot of selling pressure on their clients during the downturn, and there will be some backlash against them as things recover and debt becomes more available.

(See Making Student Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the aggregate this problem is a large source of growing concern for more than 40 million student and parent debtors (as well as their employers).

More than 40 percent of African - American families have student debt, generally taking on around $ 10,295, according to a 2013 study by the Urban Institute.

With such an enormous valuation gap and such a massive amount of cash on the balance sheet, we find it difficult to imagine why the board would not move more aggressively to buy back stock by immediately announcing a $ 150 Billion tender offer (financed with debt or a mix of debt and cash on the balance sheet).

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.

For them, your monthly debt obligations mapped against your monthly income is a good indicator of how comfortably you can take on more debt.

Earlier this week rating agency Standard and Poor's changed its U.S. long - term debt outlook to «stable» from «negative,» despite the concrete prospect of more showdowns on fiscal policy.

April 12 - Commodity trader Noble Group Ltd said on Thursday that more than 75 percent of creditors holding the majority of its senior debt have accepted its $ 3.4 billion restructuring plan.

Governor Snyder has said that the bankruptcy filing will allow the city to spend more money on public services because less of its money will be hurdled toward paying interest on debt.

But analysts say more still needs to be done on structural reforms to rein in ballooning corporate debt, which has reached levels that the IMF and others have warned sharply raises the risks of a financial crisis.

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

What's more, if a customer skipped out on its bills, 50 % of the bad debt was charged against the agent's commissions.

Air Canada had more than $ 2 billion of cash on hand and reduced its adjusted net debt by $ 295 million to $ 4.3 billion.

More than a quarter, or 26 %, of stressed households said they were more likely to default on credit - card dMore than a quarter, or 26 %, of stressed households said they were more likely to default on credit - card dmore likely to default on credit - card debt.

«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..

But unlike the 2011 rout, sparked by the eurozone debt crisis, the sudden collapse of global equities markets that began last week is all about China — which makes it all the more unnerving since few have a good grasp on how the world's most important emerging economy actually works.

In addition, lower - and middle - income groups are relying more and more on their credit cards, with these groups reporting a higher use of credit - card debt.

Speaking in Montreal on Thursday, central bank governor Stephen Poloz called household debt a major risk to the Canadian economy, suggesting the fear of stoking more borrowing as one reason he has not been even more dovish on interest rate policy.

Though credit agencies have made recent changes to the way they factor medical debt into a credit score, more than half of all the debt that appears on credit reports in the United States stems from medical expenses.

But once you start earning more, it can be difficult to divert your extra income to your debt instead of putting it towards a bigger apartment, going to out eat, new clothes and so on.

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.