Tag #Debt

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abcnews.go.com

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Nov 9, 04:26

Student Loan Forgiveness Uncertain Under Trump

Uncertainty surrounds student loan forgiveness as President-elect Trump assumes office, leaving millions of borrowers anxious about their debt.

Student Loan Forgiveness Uncertain Under Trump

Uncertainty surrounds student loan forgiveness as President-elect Trump assumes office, leaving millions of borrowers anxious about their debt.

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How did economic concerns, particularly student debt, impact the recent election?

The economy played a significant role in Trump's victory, and concerns about student loan debt contribute to borrowers' financial anxieties beyond inflation.

usa.chinadaily.com.cn

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Nov 9, 10:22

China's Massive Debt Swap Plan

China allocates 10 trillion yuan to replace local government hidden debt, aiming to mitigate financial risks and boost domestic demand while shifting towards sustainable economic development.

China's Massive Debt Swap Plan

China allocates 10 trillion yuan to replace local government hidden debt, aiming to mitigate financial risks and boost domestic demand while shifting towards sustainable economic development.

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What are the main goals of the debt swap program in China?

The debt swap program, a key part of recent economic policies, will save local governments about 600 billion yuan over five years, freeing up resources for investment, consumption, and technological innovation.

cnn.com

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Nov 8, 13:02

China's $1.4 Trillion Stimulus Plan

China unveils a $1.4 trillion stimulus plan to address its mounting debt and boost economic growth, but concerns remain about its effectiveness.

China's $1.4 Trillion Stimulus Plan

China unveils a $1.4 trillion stimulus plan to address its mounting debt and boost economic growth, but concerns remain about its effectiveness.

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What is the total value of China's economic stimulus plan?

China's 10 trillion yuan ($1.4 trillion) economic stimulus plan aims to address its growing debt problem and boost economic growth, which has slowed due to various factors including strict pandemic controls and a real estate crisis.

lemonde.fr

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Nov 8, 13:02

Attal Defends France's Budgetary Actions Amidst Senate Inquiry

Former French Prime Minister Gabriel Attal defends his government's handling of the country's worsening public finances before the Senate, while Bruno Le Maire refutes accusations of wrongdoing. The Senate's inquiry reveals significant discrepancies in budget forecasts.

Attal Defends France's Budgetary Actions Amidst Senate Inquiry

Former French Prime Minister Gabriel Attal defends his government's handling of the country's worsening public finances before the Senate, while Bruno Le Maire refutes accusations of wrongdoing. The Senate's inquiry reveals significant discrepancies in budget forecasts.

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What was Attal's opinion of the criticism faced by Bruno Le Maire?

Attal deemed the political and media criticism against former Economy Minister Bruno Le Maire as "scandalous", praising Le Maire's commitment to reducing France's debt.

nbcnews.com

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Nov 8, 13:29

China's $840 Billion Debt Relief Plan

China announces a $840 billion stimulus plan to tackle local government debt, aiming to reduce it significantly by 2028.

China's $840 Billion Debt Relief Plan

China announces a $840 billion stimulus plan to tackle local government debt, aiming to reduce it significantly by 2028.

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What measures are included in China's plan to tackle the hidden debt problem?

The plan includes issuing 800 billion yuan annually in local government special bonds for five years, totaling 4 trillion yuan. This, combined with the additional allocation, aims to significantly alleviate the burden of local government debt.

bbc.com

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Nov 8, 22:02

O'Hare's Restaurant Closes Amidst \u00a31 Million Debt

Michelin-starred chef Michael O'Hare's restaurant, Psycho Sandbar, closed after accumulating nearly \u00a31 million in debt, including significant sums owed to HMRC and Gary Neville's investment firm.

O'Hare's Restaurant Closes Amidst \u00a31 Million Debt

Michelin-starred chef Michael O'Hare's restaurant, Psycho Sandbar, closed after accumulating nearly \u00a31 million in debt, including significant sums owed to HMRC and Gary Neville's investment firm.

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How long was Psycho Sandbar open before closing?

The restaurant's closure occurred seven months after opening, with O'Hare citing "exciting plans for the future" and the changing market as reasons. Gary Neville, a 50% shareholder, described O'Hare's decision as brave and courageous.

china.org.cn

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Nov 9, 10:16

China's Massive Debt Swap Plan

China unveils a US$1.4 trillion plan to tackle local government debt, aiming for fiscal sustainability and economic growth.

China's Massive Debt Swap Plan

China unveils a US$1.4 trillion plan to tackle local government debt, aiming for fiscal sustainability and economic growth.

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What are the main goals of the debt swap program in China?

The debt swap program, a centerpiece of recent economic policies, will save local governments about 600 billion yuan over five years and free up policy space for investment, consumption, and innovation.

themarker.com

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Nov 8, 10:21

China's $839 Billion Economic Rescue Plan

China launches a $839 billion economic rescue plan to address slowing growth and rising local government debt, but the return of Donald Trump presents new challenges.

China's $839 Billion Economic Rescue Plan

China launches a $839 billion economic rescue plan to address slowing growth and rising local government debt, but the return of Donald Trump presents new challenges.

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What is the total value of China's new economic rescue plan?

China unveiled a three-year economic rescue plan worth $839 billion to boost its slowing economy. The plan includes raising the debt ceiling for provincial governments and issuing special bonds to address hidden local government debts.

edition.cnn.com

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Nov 8, 13:02

China's $1.4 Trillion Stimulus Plan

China unveils a $1.4 trillion stimulus package to address its economic slowdown and growing local government debt, but concerns linger about its effectiveness.

China's $1.4 Trillion Stimulus Plan

China unveils a $1.4 trillion stimulus package to address its economic slowdown and growing local government debt, but concerns linger about its effectiveness.

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What is the total value of China's plan to address its economic challenges?

China's government has approved a $1.4 trillion plan to address its growing local government debt problem. This plan involves a debt swap and the issuance of special local bonds to help alleviate financial strain on regional governments.

english.aawsat.com

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Nov 8, 13:22

China's $839 Billion Debt Plan

China unveils a massive $839 billion plan to tackle local government debt and stimulate economic growth.

China's $839 Billion Debt Plan

China unveils a massive $839 billion plan to tackle local government debt and stimulate economic growth.

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What are the main reasons behind the increase in local government debts in China?

The economic measures are in response to the slow recovery from the COVID-19 pandemic, a downturn in the property market, and low tax revenues. Previous measures to boost the economy were piecemeal and less impactful.

theguardian.com

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Nov 8, 19:13

China's Debt Relief Package: A Bazooka or Accounting Exercise?

China unveils a 10 trillion yuan stimulus package to tackle local government debt, but experts debate its effectiveness and scale amid slower economic growth.

China's Debt Relief Package: A Bazooka or Accounting Exercise?

China unveils a 10 trillion yuan stimulus package to tackle local government debt, but experts debate its effectiveness and scale amid slower economic growth.

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What are the differing opinions on the effectiveness of the stimulus package?

The stimulus package was described as China's "most powerful debt reduction measure in recent years" by state media. However, critics argue it's more of an accounting exercise, failing to fully address underlying issues like civil servant pay arrears.

cbsnews.com

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Nov 8, 22:29

Tackling High Credit Card Debt

Strategies to manage and reduce high credit card debt, including hardship programs, debt relief options, and credit counseling.

Tackling High Credit Card Debt

Strategies to manage and reduce high credit card debt, including hardship programs, debt relief options, and credit counseling.

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What are three options for individuals struggling with high credit card debt?

Three debt relief options are available: issuer-based hardship programs which might reduce interest rates or waive fees; debt consolidation or settlement programs which can lower interest rates or balances; and credit counseling agencies which offer budgeting advice and debt management programs.

Showing 301 to 312 of 327 results