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Spring has sprung in debt markets but shareholders face a long winter

The package — involving more than $550m of new debt along with warrants and an extended grace period from its banks — had seemed unimaginable only a few days earlier. That was before a route out of ...

4 problems with Biden’s plan to cancel student debt

If you paid off a student loan recently, maybe you should have waited—since incoming President Joe Biden may cancel billions of dollars in outstanding student debt. After the coronavirus outbreak last ...

Britain must rebuild economy with an eye on debt levels, Labour says

Britain must rebuild its economy after the COVID-19 pandemic with one eye on rising deficit and debt levels, the opposition Labour Party's finance policy chief said on Monday, criticising the ...

How To Use The 'E.R.I.C.' Framework To Tackle Business Debt

Diamonds are formed under pressure, and sometimes you need to experience hardships in order to learn new skills.

Why China’s Debt Defaults Are More Alarming This Time

Chinese companies are facing a reality check after years of ramping up debt. A crackdown on unregulated lending -- so-called shadow banking -- and tighter rules on asset management made it harder for ...

Peru prepares new century bond after authorizing $4 billion in debt to confront coronavirus impact

Peru is preparing a century bond in dollars after authorizing the issuance of debt of up to $4 billion to help rein in the country's coronavirus outbreak and soften its economic impact, the government ...

Canceling student loan debt would be ineffective at boosting US economy, study shows

President-elect Joe Biden is facing growing pressure to erase student loan debt on his first day in office as part of a broader coronavirus relief effort – but doing so may be an ineffective way to ...

Canceling Student Debt Would Backfire on Biden

President-elect Joe Biden is under pressure to do something that sounds bold and progressive when he takes office: Cancel the student debt of millions of Americans. If he really wants to help the most ...

Europe’s Corporate Debt Binge Risks Years of Pandemic Pain

Well after the coronavirus pandemic has passed, Europe could find the most damaging economic legacy is not the vast piles of government debt but the hundreds of billion euros in liabilities that have ...

Tottenham loses more than $85M, debt climbs due to pandemic

Premier League leader Tottenham has reported annual losses of 63.9 million pounds ($85.4 million) due to the coronavirus pandemic and fans being shut out of stadiums. “We ...

Regal Theater Owner Cineworld Staves Off Bankruptcy With New Debt Deal

R egal movie theater owner Cineworld Group (OTC: CNNW.F) was able to stave off having to file for bankruptcy protection after negotiating $750 million in new liquidity that could see its creditors ...

Britain must rebuild with an eye on debt levels, Labour says

Britain must rebuild its economy after COVID-19 with one eye on rising deficit and debt levels, Labour's would-be finance minister Anneliese Dodds said on Monday, criticising the government's response ...