The third Monday in January is better known as Blue Monday and is considered by many to be the most depressing day of the year. READ MORE: Tips to combat Blue Monday But for some, its just another Monday. I didnt want to get up, I think every student does that on Mondays, one University…
The government plans to reduce its foreign debt and raise capital through the issuance of bonds, a representative of the Ministry of Economy and Finance has unveiled. Increasing local borrowing instead of foreign borrowing will improve the countrys trade balance and current account, said Vong Seyvisoth, Secretary of State at the Ministry of Economy and…
GCC countries were able to avert an otherwise sharper deterioration in their international reserves on the back of an increase in oil prices and a subsequent positive impact on current account balances, Moody’s Investors Service said on Monday. Large sovereign external debt issuance valued at $49.3 billion in 2017, up more than $10 billion from…
Hospitals in eastern Colombia are facing increasing financial woes due to the thousands of Venezuelans that have sought emergency medical help abroad, local media reported Sunday. According to Radio RCN, hospitals in the border provinces have attended more than 25,000 Venezuelan citizens who have been unable to receive medical attention at home. The regional governments…
A European Court trial could decide whether authorities in the union can help Denmark to collect outstanding student loans from EU citizens. But the issue remains complicated. Though increasing numbers of EU citizens are drawing Danish state student loans, (statens uddannelsesstøtteslån or SU-lån in Danish), the Copenhagen government remains unable to determine whether debts…
(Adds new items) Jan 15 (Reuters) – British construction and services company Carillion collapsed on Monday when banks refused to lend it any more money, throwing hundreds of major projects in doubt and bringing down one of the governments most important suppliers. Carillions shares had lost more than 90 percent of their value since a…
DEBT-laden Australians admit to burying their head in the sand to avoid facing the reality of paying back large sums of money owed. While many shoppers have arrived in 2018 with a whopping credit card debt in tow, new data from debt solutions agency Fox Symes has revealed one in four desperate consumers admit they…
Image copyright Getty Images Charities helping people in debt have said they are bracing themselves for their busiest year as people begin receiving their post-Christmas credit card and store card bills. Blue Monday, as it is known to debt advisors, traditionally sees a rise in the number of people asking for help. Community Money Advice…
DEBT-laden Australians admit to burying their head in the sand to avoid facing the reality of paying back large sums of money owed. While many shoppers have arrived in 2018 with a whopping credit card debt in tow, new data from debt solutions agency Fox Symes has revealed one in four desperate consumers admit they…
Troubled gold miner Blackham Resources has taken another step towards its recapitalisation with its main contractor MACA providing a $14.3 million loan to help it out of its short-term cash crunch. The MACA loan will enable Blackham to pay its financier Orion for a $14.8 million debt repayment which was due at the end of…