After months of pleading from Puerto Rico’s government, the U.S. Congress has agreed to help the territory restructure its massive public debt. But it comes at a steep cost: a degree of lost sovereignty with the imposition of a fiscal control board as well as a potential lower minimum wage for young workers on the…
A CHRISTIAN charity is urging people with anxiety, depression and other psychological conditions brought on by financial woes to seek out help in Northwich. The congregation of Christ Church Greenbank runs a debt centre in partnership with Christians Against Poverty. Throughout their work they have found that mental health issues often run hand-in-hand with financial…
Photo Donald J. Trump on Thursday in Lawrence Township, N.J., where he continued criticism of Hillary Clinton, calling her run for president an absolute disgrace. Credit Eric Thayer for The New York Times LAWRENCE TOWNSHIP, N.J. Donald J. Trump spoke beneath nine chandeliers on Thursday, exulting in the company of so many wiseguys. Trump headwear…
(AP Photo/Andrew Harnik) It took a while to get here, but for the island of Puerto Rico, relief is in sight. In washington, lawmakers have struck a deal to rescue Puerto Rico from a major debt crisis. FOXs Jared Halpern has more from Capitol Hill: [audio:http://www.podtrac.com/pts/redirect.mp3/ak.podcast.foxnewsradio.com/news/dotcom/RICO_051916.mp3] After months of fits and starts over…
WASHINGTON — In a breakthrough, House Republicans and Democrats have struck a deal with the White House to help rescue Puerto Rico from $70 billion in debt. A revised bill introduced late Wednesday would create a control board to help manage the U.S. territory’s financial obligations and oversee some debt restructuring. The legislation came after…
Trump Holds Fundraiser to Help Christie Pay Debt Donald Trump held a rally in New Jersey on Thursday to help Gov. Chris Christie pay off the debt he incurred running for president. The presumptive GOP presidential nominee’s fundraising rally took plac in Lawrenceville. (May 19) Read the full article at: http://www.usatoday.com/videos/news/nation/2016/05/19/84629950/
Bloomberg May 19, 2016 – 13:44 (Bloomberg) — LafargeHolcim Ltd., the worlds largest cement maker, is selling euro-denominated bonds to finance a debt buyback. The company is offering seven-year, 12-year and 20-year notes, according to a person familiar with the matter who asked not to be identified because theyre not authorized to speak publicly. LafargeHolcim…
After months of negotiation, Republicans and Democrats in Congress have agreed on a plan to help Puerto Rico deal with its crushing $70 billion debt. It sets up a control board to investigate the U.S. territory’s murky financial picture and restructure its debt payments to creditors. Read the full article at: http://www.npr.org/2016/05/19/478729095/congress-agrees-on-plan-to-help-puerto-rico-restructure-70-billion-debt
A LOCAL church group supporting people struggling with debt have reached out in a bid to raise awareness of the links between financial trouble and mental health. Members of the congregations of four churches in Highworth run a debt support centre in partnership with the national charity Christians Against Poverty under the umbrella Highworth CAP.…
WASHINGTON (AP) — House Republicans and Democrats reached a rare, election-year deal with the White House to try to rescue Puerto Rico from $70 billion in debt as millions of Americans in the cash-strapped U.S. territory struggle with the loss of basic services. A revised House bill introduced late Wednesday would create a board to…