President Donald Trump warned Puerto Rico that the federal government would not provide unlimited help to the island which was devastated by Hurricane Maria, just one week after he said he would not rest until the US territory in the Caribbean was safe. Following a widely-panned visit to Puerto Rico aimed at easing criticism of…
By Scott Tong October 12, 2017 | 8:41 PM Embed Code<iframe src=”https://www.marketplace.org/2017/10/12/world/do-rising-stocks-help-nation-s-debt/popout” frameborder=”0″ width=”100%” height=”240px”></iframe> Marketplace Embed Code<iframe src=”https://www.marketplace.org/2017/10/12/world/do-rising-stocks-help-nation-s-debt/popout” frameborder=”0″ width=”100%” height=”240px”></iframe> The stock market has surged for much of the last year, and the president like all presidents is trying to take credit. Fair enough. But last night, he suggested the stock market can help…
Australians are a collective $1.68 trillion in debt and for many people, the burden is life-altering. Money guru and financial advisor Paul Clitheroe appeared on A Current Affair to offer his top tips for avoiding debt – and what to do when you find yourself in a hole. “We Australians really are on a credit…
Sri Lankas external debt burden is well known. The country, which came out of a long civil war in 2009, is currently struggling to service an outstanding debt of about $46.6 billion. But more recently, the Central Bank has found a very high level of household debt in the war-affected communities of the north and…
Hurricane Maria did more than destroy Puerto Rico’s electric grid and water supply. It has destroyed the Puerto Rican economy. Pharmaceutical factories, the island’s main source of jobs and income, are either closed or partially operating. Many small businesses were destroyed, and those that weren’t are struggling without reliable electricity or running water. The tax…
Private contractors will answer calls from Centrelink’s welfare recipients after the Department of Human Services outsourced call centre work to multinational services company Serco. In an unprecedented move for the welfare agency, 250 of the company’s Australian subsidiary staff in Melbourne will take calls about payments in a three-year pilot program costing the government $51.7…
Victorians struggling to pay gas and electricity bills will be entitled to more help to prevent debt and disconnection under new rules for energy retailers. Flexible payment options, lower tariffs and a six-month debt payment “hold” for people who have missed paying their energy bills are part of changes announced by the Essential Services Commission…
Victorians struggling to pay gas and electricity bills will be entitled to more help to prevent debt and disconnection under new rules for energy retailers. Flexible payment options, lower tariffs and a six-month debt payment “hold” for people who have missed paying their energy bills are part of changes announced by the Essential Services Commission…
According to Life Delayed, a report issued by American Student Assistance (ASA), The average amount paid for a mortgage, student loans, and credit card debts equals $1,670.12, or 44.2% of the average college graduates take home pay8.2% higher than the maximum debt-to-income ratio required to qualify for a typical home mortgage, and with no room…
Victorians struggling to pay gas and electricity bills will be entitled to more help to help prevent debt and disconnection, under new rules for energy retailers. Flexible payment options, lower tariffs and a six-month debt payment hold for people who have missed paying their energy bills are part of changes announced by the Essential Services…