Sentences with phrase «years of high debt»

First, Reinhart and Rogoff selectively exclude years of high debt and average growth.

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.

And while most emerging market debt continues to be issued in local currencies, the IIF said that foreign currency denominated debt issued in these nations swelled by $ 800 billion last year to a record high of $ 8.3 trillion.

While the high level of existing debt means rate hikes will have a stronger impact in cooling demand than they did in previous years, it is still too soon to know just how much of an effect the bank's three rate hikes have had, Poloz said.

According to the Institute of International Finance (IIF), global debt levels rose by a further $ 21 trillion last year (US dollars), leaving total outstanding debt at $ US237 trillion, the highest level on record.

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.

Most companies experience cash flow challenges within the first few years of operation and, for a large percentage of those businesses, the obstacle of high operating expenses and compounding debt proves to be too much -LSB-...]

But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure of income spent to pay debt — has remained steady at around 14 per cent, not much higher than the long - term average.

Most companies experience cash flow challenges within the first few years of operation and, for a large percentage of those businesses, the obstacle of high operating expenses and compounding debt proves to be too much to handle.

In its last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector risks over the next two years against the risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector debt.»

The banking system has been weak for years as most institutions have failed to deal with the high level of bad debt in the wake of the financial crisis.

I finished my higher education deeply in debt and with seven years of bad credit in my future.

Corporate investment - banking fees were down 4 % from the year - ago quarter because of lower advisory and equity issuance fees but partly offset by higher debt - issuance fees, according to the firm.

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.

And when asked whether the «US debt - to - GDP ratio will be substantially higher» in 10 years under the bill compared with current law, 88 % of the economists agreed or strongly agreed, 2 % were uncertain, and the rest abstained.

(Free cash flow on a per share basis is up 2 % year - over-year and stands at a strong $ 559 million for the quarter, despite a very high debt ratio of about 78 %.)

Energy companies have made up a good portion of debt issued in the high yield market over the past few years.

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.

The West African country is in its final year of the $ 918 million credit deal signed in April 2015 to fix its economy, dogged by high deficits, inflation and a distressing public debt.

By running the risk of higher deficits, the Trump plan could damage the credibility of Republican lawmakers who spent years railing against the rising national debt under former President Barack Obama.

Conservative finance critic Pierre Poilievre called the PBO's findings «damaging» for the government, citing the impact of larger deficits, higher debt payments and a carbon tax that he says will erase at least $ 10 billion per year from the national economy by 2022.

Lewis, fund's chief investment officer, spent nine years at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value equity.

On the government front, net debt edged to a nine - year high of 51 per cent of gross domestic product.

«Perversely, we've spent the last 20 years paying a premium for [the stocks of companies with] high yield debt,» she said.

It's largely because of this that world debt has been allowed to soar to astronomical highs in recent years, threatening the stability of the global economy.

«And just one example might be 18 percent of the high - yield debt issued in the last year is energy.

«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the Office of the Comptroller of the Currency, a banking regulator, told Bloomberg in an interview.

Another concern is the results of last weekend's regional elections, the worst showing in thirty years for Spain's ruling party, and the risk that this will lead to the discovery of higher debts accumulating on the part of Spain's municipalities.

If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years — reaching the highest level of debt relative to GDP ever experienced in this country.

NEW YORK — Auto loan originations are at the highest level in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit report.

Compared to the broad XIC, XEG has a) a price to earnings ratio that is only slightly higher, b) a price to book ratio that is lower, c) a debt to equity ratio that is about half of XIC, d) a dividend yield that is comparable and e) profit margins that grew 30 % this year versus 18 % for XIC.

When TIME's cover story was published, millennials were in the fourth year of the «jobless recovery,» facing high unemployment, mounting debt, and an eroded social safety net.

The fragility of Italy's application — high levels of debt, runaway deficits — was underscored the next year when Italy was expelled from the exchange rate mechanism and came close to running out of money.

The amount of longer term Federal debt that markets have to absorb is now as high as it has been in the last 50 years and long rates are extraordinarily low, as are term spreads.

Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money

Debt payments now represent about 14 per cent of household disposable income, the highest share in three years.

«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the OCC, said in an interview.

Most of the year - over-year improvement in the deficit was due to higher revenues, up $ 7.5 billion and lower public debt charges (down $ 1.9 billion).

Oil prices have fallen more than 15 percent since March 4 to a six - year low of $ 42.3, wiping out $ 7 billion of market value of high - yield debt issued by energy companies.

Over the past five years, the more worrisome government - issued debt in Europe has made significant progress in managing the normal mechanism of higher - perceived risk equaling higher yields.

With the S&P 500 within about 8 % of its highest level in history, with historically reliable valuation measures at obscene levels, implying near - zero 10 - 12 year S&P 500 nominal total returns; with an extended period of extreme overvalued, overbought, overbullish conditions replaced by deterioration in market internals that signal a clear shift toward risk - aversion among investors; with credit spreads on low - grade debt blowing out to multi-year highs; and with leading economic measures deteriorating rapidly, we continue to classify market conditions within the most hostile return / risk profile we identify — a classification that has been observed in only about 9 % of history.

I have already explained why I think Europe faces many more years of high unemployment, and as for Japan, I really have no idea of how Tokyo will address its debt problem.

The Pennsylvania legislature recently passed a bill that will ensure borrowers are up - to - date on their student loan debt.The average Pennsylvania college student graduates with $ 35,000 in student loans, which is higher than any other state in the U.S. And within three years of graduation, 10 percent of Pennsylvania student loan borrowers default on their debt.In order to combat this problem, the Pennsylvania House of Representatives recently passed a bill that would ensure students stay informed about how much debt they are accumulating.HB 2124 would require all colleges and universities to provide annual notices to students about their outstanding student...

We estimate that balancing the budget in ten years would require savings of between $ 7 trillion and $ 10 trillion, while just stabilizing the debt at its already high level would require $ 5.4 trillion to $ 8 trillion.

While the total level of debt was $ 479 billion higher than a year earlier, it remains 8.2 percent below the peak of $ 12.68 trillion reached in the third quarter of 2008.

This is the next great challenge for Beijing, and when the regulators finally do start to repair overextended balance sheet, with a much higher debt - to - GDP ratio than any other country at China's stage of economic development, according to a presentation Monday night by my very smart former student, Chen Long, I expect annual GDP growth rates will continue dropping steadily, by 1 - 2 percentage points a year through the rest of this decade (and there has been increasing talk in the past month or two that GDP growth rates are already 1 - 2 points below the printed rates).

However, Sanchez Energy's plan was to use higher oil prices to boost production and cash flow so it could support the mountain of debt it took on to complete the deal, with its aim to get leverage to less than 3.0 next year.

The country's fiscal spending, according to the Congressional Budget Office, may increase the national debt as a percent of GDP to a higher level than Italy in five years.

If you got your bachelor's, master's or other higher degree in the past 10 years there's a good chance a chunk of student loan debt graduated alongside with you.