Portugal kept its much-needed access to EU financial help Friday after a European Central Bank-approved credit agency maintained its rating of Portuguese debt at investment grade level. Toronto-based DBRS announced it had kept Portugal’s rating at “BBB” level, with a “stable” perspective. “The rating reflects Portugal’s eurozone membership and its adherence to the EU economic…
National Debt Relief recently shared in an article published October 11, 2016 some key points about forcing retirement savings on consumers. The article titled “Is it Right To Make Saving For Retirement Mandatory?” looks at how a mandatory retirement savings policy would affect consumers both with their immediate needs and future financial plans. New York,…
Related Story: Alleged drug trafficker ‘made to feel like a goose’ over cocaine deal gone wrong Victoria Police used taxpayers’ money to help pay off a drug dealer’s “massive” debts in return for giving evidence at an extortion trial, the County Court has heard. Key points: Lawyer says Arthus Vouthas’s evidence…
Government set to change laws to help claim back welfare overpayments Published: 21 October 2016 People rorting the welfare system have been getting off scot free with the Government claiming it would cost more to chase the welfare debt rather than to simply waive it. So, theyve instead written off the staggering $76 Million in…
AN Inverclyde church is offering free debt advice for local people after partnering with the award-winning national debt counselling charity, Christians Against Poverty. The Debt Centre will act as an extension to the i58 Project, which is the social action ministry of Greenock Elim Church. The i58 project is best known for founding and operating…
10/20/2016 Photo courtesy of SIR. (Reuters) Ivory Coast will organize debt relief for the state oil refinery using public and private funds, a government spokesman said on Wednesday. The Societe Ivoirienne de Rafinage (SIR) is the biggest refinery in French-speaking West Africa and has accumulated debts worth hundreds of billions of CFA francs (hundreds…
It finds that Britains household debt problem has a local dimension with communities with high concentrations of lower income, younger and households living in rented housing more likely to experience problem debt. This concentration of household debt reduces household consumption and so constrains local economic growth. Over-indebtedness is also associated with poor health and negatively…
Jamie Hyndman, founder My Four Weeks With six million one in every two Australian workers not taking the annual leave they are entitled to and more than 118 million days of annual leave stockpiled in businesses around the country, Australias first travel savings company is here to help people cut up their credit cards for…
About six months ago, the White House announced a campaign — the Student Debt Challenge — to raise awareness of the existence of income-driven repayment options. In this week’s post, the Student Loan Ranger updates readers on the initiative’s impact. There’s no argument that college can be expensive — and the costs continue to rise.…
Could Norfolk Southern’s 3Q16 Earnings Surprise Investors? PART 3 OF 5 By Samuel Prince | Oct 19, 2016 5:49 pm EDT Triple Crown Services In fiscal 2015, Norfolk Southern (NSC) restructured its underperforming subsidiary, Triple Crown Services. The aim of this restructuring was to focus on hauling vehicles and auto parts, given booming automotive sales. In…