TORONTO (miningweekly.com) Managing and reducing debt levels can be a balancing act, but it is high on the priority lists of major diversified miners Freeport McMoRan and Vale, the companies confirmed in Tuesday. Addressing the Bank of America Merrill Lynch 2016 global metals, mining and steel conference, Freeport president and CEO Richard Adkerson advised that…
SAN JUAN, Puerto Rico (AP) Treasury Secretary Jacob Lew got a first-hand look at the humanitarian impact of Puerto Rico’s $70 billion debt crisis Monday, touring an elementary school struggling with limited electricity and a hospital unable to provide some basic services to infants. “It can only get worse,” Lew told reporters as he toured…
SAN JUAN, Puerto Rico (AP) Treasury Secretary Jacob Lew got a first-hand look at the humanitarian impact of Puerto Rico’s $70 billion debt crisis Monday, touring an elementary school struggling with limited electricity and a hospital unable to provide some basic services to infants. “It can only get worse,” Lew told reporters as he toured…
Presumptive Republican presidential nominee Donald Trump will hold a rally to help rival-turned-support Chris Christie pay off his campaign debts, according to an invitation posted online. The rally, scheduled for May 10, costs $200 per person and will be held in Lawrenceville, N.J. Christies campaign reported more than $400,000 in debts and around $287,000 in…
Donald Trump is hosting fundraisers to help Chris Christie with his debt. (Getty) Today, Donald Trump announced that he has chosen Chris Christie as his transition team chairman, a key role the early days of a Trump Presidency. Even more interesting, Trump has recently agreed to help Christie raise money to pay the back massive debt…
Jim Sandager, Special to the Register 4 p.m. CDT May 9, 2016 Jim Sandager(Photo: SUBMITTED PHOTO) In my most recent column, I provided advice for your tax refund. One idea that I touched on was using that money to help pay off any outstanding debt that you may be working to pay off. Paying off…
BERLIN: German Vice-Chancellor Sigmar Gabriel urged euro zone finance ministers to start talks on debt relief for Greece, saying it made no sense to crush the green shoots of economic recovery with further austerity measures. The finance ministers of the euro zones 19 countries are due to meet in Brussels tomorrow to discuss Greeces debt…
Greek Finance Minister Euclid Tsakalotos. Getty Images by Jan Strupczewski and Renee Maltezou Euro zone finance ministers have offered to grant Greece debt relief by giving it longer grace periods and bond maturities from 2018 if the country delivers by then on all reforms agreed under its latest bailout. The offer, to be worked out…
The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called “a tombstone for growth”. The preliminary talks, which are likely to focus on ideas to cap Greek…
BRUSSELS/ATHENS The euro zone turned its attention tentatively on Monday to helping Greece tackle its huge debt repayments, with a view to a deal on May 24, after Greek lawmakers passed unpopular pension and tax reforms one critic called “a tombstone for growth”. The preliminary talks, which are likely to focus on ideas to cap…