Global debt levels rose by $US21 trillion last year to $US237 trillion, the highest level on record. 80% of the increase in global debt levels over the past five years has occurred in emerging markets. With nominal GDP growing faster than debt in 2017, the global debt-to-GDP ratio fell to 318%. Global debt levels have…
Tax Day is nearly upon us! Have you filed your 2017 tax returns yet? This years tax due date is April 17, 2018, only a week away. Ive found that many people put off filing their tax returns for many reasons. One of those reasons is that they cannot afford to pay a tax preparer…
We Are Still a Nation at Risk, But We Can Avert By Listening to Consumers Opinion: Student Loan Borrowers Need Help Now, Or Their Debt Could Hurt Them, And This Country, For Decades to Come 3 Ways A Nation at Risk Gave Voice to a New Generation of Education Advocates 35 Years Later, Blockbuster Reagan-Era…
Getting out of debt fast can feel like a far-fetched dream when faced with mounting debts. But debt is a reality in business; becoming debt-free is only possible after understanding how to manage debts. Read on for more tips. Business owners must understand that debt is unavoidable in running any type of business. The following…
Indias central bank raised limits for overseas bond investors that could lure $16 billion of new funds, the third policy move in two weeks to spur demand in the nations debt markets. Foreign investors will be allowed to increase holdings by 1.04 trillion rupees ($16 billion) for the fiscal year to March 2019, the Reserve…
Image copyright Getty Images Schools should be given free textbooks so they can teach children about personal finance. The Scottish Conservatives want to see a recently-launched English initiative to help pupils learn about savings and debt rolled out in Scotland. The party said the Scottish government could look at offering funding for the scheme alongside…
Casa Loma, an audacious 180,000-square-foot castle in Toronto built by a tycoon who died penniless, seemed the right place to talk about the burdens of big dreams. But that wasn’t Kevin O’Leary’s focus as he worked the marble floors of its glass-domed conservatory Thursday night. Decades earlier, O’Leary had hoped to hold his wedding reception…
Debt settlement on average saves consumers $2.64 for every $1 in fees paid, boasts a report released last month by the American Fair Credit Council, an industry association of companies operating in the debt settlement industry that have agreed to a strict code of conduct. The AFCC-commissioned report is based on a study of 400,000…
Pastor Stephen Hayes announced to his church on Easter Sunday that they helped cancel $10 million in debt for veterans and families in the DFW area. (Covenant Church) … Read the full article at: http://www.foxnews.com/us/2018/04/06/texas-church-helps-forgive-10-million-in-medical-debt-for-veterans-local-families.html
by Dinny McMahon When Zhang Jingqiang became mayor of Tieling in 2005, it was the poorest city in Liaoning Province. A greying, former Ming-dynasty garrison town of about 440,000 people in the country’s frigid north-east, it was part of China’s rust belt, but large-scale industrialisation had long ago bypassed the city. Zhang wasn’t a high-flyer.…