April 14, 2016 11:59 a.m. ET WASHINGTONChina is planning a debt-for-equity swap program that could provide large companies mired in overcapacity a way to reduce their debt burdens, the countrys top central banker said on Thursday. The deepening slowdown in the worlds second-largest economy has heightened the need for Chinese authorities to come up with…
PUBLISHED: April 14, 2016 1:00 pm AS of last week, some debt-stricken Islanders have been able to apply for a Debt Remission Order, which will allow their debts to be frozen for a 12-month moratorium period and then be written off, if they are still unable to pay them. The new order, which is similar…
Clean Power Published on April 13th, 2016 | by Glenn Meyers April 13th, 2016 by Glenn Meyers Originally published on Planetsave. Almost one year ago in its annual report, troubled Chinese solar panel manufacturer Yingli Green Energy told its investors the company was facing troubled times: Facts and circumstances…
Clean Power Published on April 13th, 2016 | by Glenn Meyers April 13th, 2016 by Glenn Meyers Originally published on Planetsave. Almost one year ago in its annual report, troubled Chinese solar panel manufacturer Yingli Green Energy told its investors the company was facing troubled times: Facts and circumstances…
Louis CK is broke. Horace and Pete his self-financed TV show distributed with minimum fanfare on his own website has not done the numbers he expected. As CK told Howard Stern this week, his plan to spend two million dollars of his own money on the first four episodes, before financing the remaining six with…
The execution chamber at the state prison in Draper, Utah, is seen after Ronnie Lee Gardner was executed by a firing squad in this June 18, 2010, file photo. Pope Francis urged additional support in abolishing the death penalty worldwide and eradicating the external debt of developing countries.(CNS photo/Trent Nelson-Salt Lake Tribune pool via Reuters)…
Apr 12, 2016 7:04 pm ET Klaus Regling, the managing director of the European Stability Mechanism, the eurozone bailout fund, spoke to The Wall Street Journal about a range of issues, including ongoing negotiations between Greece and its international creditors and potential ways to relieve the countrys debt … Read the full article at: http://blogs.wsj.com/brussels/2016/04/12/eurozone-bailout-fund-chief-discusses-greeces-bailout-negotiations-debt-relief/
The federal government has been handed a gift in the lead-up to the Federal Budget, in the form of a report that will help it push the case for an overhaul of the student loans scheme. The Parliamentary Budget Office this week released its report into the higher education loan program, and has predicted that…
AUGUSTA The Maine Senate has signed off on bills that seek to ease student debt load and help schools retain students until graduation. One of the bills would allow students to claim the Educational Opportunity Tax Credit. Supporters say the move will help students stay in Maine and pay off student debt. The bill also…
MADISON, Wis. – Wisconsin Gov. Scott Walker says he’s “thrifty” and is offering T-shirts for craft projects while asking donors to help pay off the $1.2 million debt from his short-lived presidential campaign. The Republican sent an email to donors Sunday saying, “if there is one thing the American people learned about me during our…