Lower taxes and higher public expenditure could widen budget deficit in 2017-18, but steps taken by the government to broaden the tax base and improve spending efficiency would help in narrowing it going forward, US-based rating agency Moody’s said. In an interview to PTI, Moody’s Investors Service V-P (Sovereign Risk Group) William Foster said the…
Budget deficit may rise in FY18 the credit rating agency said. New Delhi: Lower taxes and higher public expenditure could widen budget deficit in 2017-18, but steps taken by the government to broaden the tax base and improve spending efficiency would help in narrowing it going forward, US-based rating agency Moody’s said. In an interview…
A Burton insolvency expert has backed Government plans to allow people struggling with debts a vital six-week breathing space to get their finances in order. The proposals will give cash-strapped people protection from further interest, charges and enforcement action while they seek solutions to their financial problems. The six-week moratorium will allow people the chance…
Bill Moak, Consumer Watch Published 11:00 a.m. CT Nov. 17, 2017 CLOSE Americans die with an average debt of $62,000. Here are some ways to manage that debt before it’s too late. USA TODAY Bill Moak(Photo: Sarah Warnock/Clarion Ledger) The Consumer Financial Protection Bureau has sued the nations largest provider of debt settlement services, alleging…
Somalia needs humanitarian aid to stem its short-term suffering, but that cash will not break the country’s deadly cycles of drought, hunger, and poverty. To do that, the IMF must forgive Somalia’s crushing debt, just as it has for nearly every other heavily indebted poor country. LONDON Julius Nyerere, the first president of Tanzania,…
Hackney Law Centre has reopened its pro bono clinic for debt problems and help with claiming benefits thanks to volunteers from law firms Debevoise and Plimpton LLP and Faegre Baker Daniels LLP, supported by students from BPP Law School and staff at Hackneys libraries service. The important service will once again help Hackney residents needing…
SAN MATEO, Calif., Nov. 17, 2017 /PRNewswire/ — This year, more Americans than ever are dealing with the aftereffects of fires, floods, hurricanes, accidents and acts of violence. Plus, the season of snowstorms and blizzards is not far away. For people who are trying to recover from a disaster, Andrew Housser, co-founder and CEO of…
“The potential financial toll of a disaster cannot be overstated,” says Housser. “It is extremely important for those affected to get the financial assistance they need, avoid going into debt, and do what they can to get out of debt.” Freedom Debt Relief has first-hand experience in working with people affected by disasters, he points…
MOSCOW/CARACAS (Reuters) – Venezuela won easier debt terms from Russia and got a vote of confidence from China on Wednesday, as the oil-rich country said it had starting making interest payments on bonds after a delay that had threatened to trigger a default. A debt restructuring deal with Russia that allows Caracas to make minimal…
Dear Dave: Our son is about to graduate from law school. He took out a loan to cover the cost, but weve always been debt-free and have been paying on it to help him out while he finishes his studies. The balance on the loan right now is around $30,000. He has a job waiting…