Showing 49 to 60 of 259 results
Hudson's Bay to Pay Down $165 Million in Debt After Successful Liquidation Sales
Hudson's Bay Co. will choose a buyer for its assets and leases by mid-June, after exceeding expectations in liquidation sales that generated $129.5 million, which will be used to pay down $165 million in debt. The company received 17 bids for its assets and 12 for its 39 store leases.
Hudson's Bay to Pay Down $165 Million in Debt After Successful Liquidation Sales
Hudson's Bay Co. will choose a buyer for its assets and leases by mid-June, after exceeding expectations in liquidation sales that generated $129.5 million, which will be used to pay down $165 million in debt. The company received 17 bids for its assets and 12 for its 39 store leases.
Progress
36% Bias Score
BCE slashes dividend by 56 percent amid debt concerns
BCE Inc. announced a 56 percent dividend cut to $1.75 annually, effective July 15, to address unsustainable payouts and high debt exceeding $33.8 billion, despite forming a complex partnership with PSP Investments for a US$5-billion Ziply Fiber acquisition.
BCE slashes dividend by 56 percent amid debt concerns
BCE Inc. announced a 56 percent dividend cut to $1.75 annually, effective July 15, to address unsustainable payouts and high debt exceeding $33.8 billion, despite forming a complex partnership with PSP Investments for a US$5-billion Ziply Fiber acquisition.
Progress
48% Bias Score
Federal Student Loan Collections Restart, Impacting Millions
The Department of Education restarted collections on over 5 million defaulted federal student loans on May 5th, 2024, leading to wage garnishment for some borrowers and highlighting systemic issues within the loan servicing system, impacting individuals facing financial hardship and unexpected medic...
Federal Student Loan Collections Restart, Impacting Millions
The Department of Education restarted collections on over 5 million defaulted federal student loans on May 5th, 2024, leading to wage garnishment for some borrowers and highlighting systemic issues within the loan servicing system, impacting individuals facing financial hardship and unexpected medic...
Progress
60% Bias Score
German Infrastructure Fund: Uncertainty for Municipalities
The 500 billion euro German infrastructure fund, intended to boost the economy, faces uncertainty in its allocation to municipalities like Bad Liebenzell, which need funding for infrastructure projects but face skepticism about receiving sufficient funds due to existing budget shortfalls and potenti...
German Infrastructure Fund: Uncertainty for Municipalities
The 500 billion euro German infrastructure fund, intended to boost the economy, faces uncertainty in its allocation to municipalities like Bad Liebenzell, which need funding for infrastructure projects but face skepticism about receiving sufficient funds due to existing budget shortfalls and potenti...
Progress
44% Bias Score
IMF's \$20 Billion Loan to Argentina Sparks Controversy
The IMF controversially loaned Argentina \$20 billion despite its history of defaults, largely due to the influence of President Javier Milei, who enjoys close ties with Donald Trump, raising serious questions about the fund's impartiality and potentially leading to further economic instability in A...
IMF's \$20 Billion Loan to Argentina Sparks Controversy
The IMF controversially loaned Argentina \$20 billion despite its history of defaults, largely due to the influence of President Javier Milei, who enjoys close ties with Donald Trump, raising serious questions about the fund's impartiality and potentially leading to further economic instability in A...
Progress
60% Bias Score
German Public Fears Negative Impact of Government Debt on Younger Generations
A YouGov poll shows 61% of Germans fear the new Union-SPD government's planned massive debt increase will negatively affect younger generations, with concerns about pension burdens and a lack of trust in the government to represent younger generations' interests.
German Public Fears Negative Impact of Government Debt on Younger Generations
A YouGov poll shows 61% of Germans fear the new Union-SPD government's planned massive debt increase will negatively affect younger generations, with concerns about pension burdens and a lack of trust in the government to represent younger generations' interests.
Progress
52% Bias Score
France's €30 Billion Debt to Haiti: A Legacy of Colonial Exploitation
France owes Haiti approximately €30 billion in reparations for a debt imposed in 1825 to compensate former slave owners, a sum that significantly hampered Haiti's development and continues to be a point of contention.
France's €30 Billion Debt to Haiti: A Legacy of Colonial Exploitation
France owes Haiti approximately €30 billion in reparations for a debt imposed in 1825 to compensate former slave owners, a sum that significantly hampered Haiti's development and continues to be a point of contention.
Progress
44% Bias Score
Schleswig-Holstein to Repay €763 Million in Emergency Loans
The Schleswig-Holstein state government will repay €763 million in emergency loans following a court ruling that deemed parts of its 2024 budget unconstitutional; the repayment will be offset by utilizing planned increases in borrowing capacity under the debt brake, while maintaining funding for Nor...
Schleswig-Holstein to Repay €763 Million in Emergency Loans
The Schleswig-Holstein state government will repay €763 million in emergency loans following a court ruling that deemed parts of its 2024 budget unconstitutional; the repayment will be offset by utilizing planned increases in borrowing capacity under the debt brake, while maintaining funding for Nor...
Progress
36% Bias Score
Iran's Failed Syrian Economic Plan: A $30 Billion Debt and a Faltering Strategy
Reuters' investigation, based on 2,000 documents from Iranian offices in Syria, reveals Iran's ambitious, Marshall Plan-inspired economic strategy to rebuild Syria and expand its influence, but this plan has faced significant setbacks due to war, corruption, and sanctions, resulting in at least $178...
Iran's Failed Syrian Economic Plan: A $30 Billion Debt and a Faltering Strategy
Reuters' investigation, based on 2,000 documents from Iranian offices in Syria, reveals Iran's ambitious, Marshall Plan-inspired economic strategy to rebuild Syria and expand its influence, but this plan has faced significant setbacks due to war, corruption, and sanctions, resulting in at least $178...
Progress
48% Bias Score
Coalition Budget Plan: Short-Term Deficit Increase, Long-Term Improvement Projected
The Coalition's election plan forecasts a $7.9 billion increase in federal budget deficits over the next two years, followed by a $13.9 billion improvement over the next four years, achieved through reduced government spending and a hiring freeze impacting 41,000 public servants.
Coalition Budget Plan: Short-Term Deficit Increase, Long-Term Improvement Projected
The Coalition's election plan forecasts a $7.9 billion increase in federal budget deficits over the next two years, followed by a $13.9 billion improvement over the next four years, achieved through reduced government spending and a hiring freeze impacting 41,000 public servants.
Progress
56% Bias Score
Ukraine and US Agree to Separate Future Mineral Deal from Past Aid
Ukraine and the US agreed not to consider past US aid in their upcoming mineral resources agreement, as announced by Ukrainian Prime Minister Denys Shmyhal on April 27th following talks with US Treasury Secretary Janet Yellen during the World Bank and IMF Spring Meetings; the agreement needs Ukraini...
Ukraine and US Agree to Separate Future Mineral Deal from Past Aid
Ukraine and the US agreed not to consider past US aid in their upcoming mineral resources agreement, as announced by Ukrainian Prime Minister Denys Shmyhal on April 27th following talks with US Treasury Secretary Janet Yellen during the World Bank and IMF Spring Meetings; the agreement needs Ukraini...
Progress
52% Bias Score
Surge in US Bankruptcy Inquiries Signals Potential Economic Crisis
The number of Americans considering bankruptcy is soaring to its highest level since before the pandemic due to record debt levels, persistent inflation, and high interest rates, potentially signaling a major wave of filings in the coming months.
Surge in US Bankruptcy Inquiries Signals Potential Economic Crisis
The number of Americans considering bankruptcy is soaring to its highest level since before the pandemic due to record debt levels, persistent inflation, and high interest rates, potentially signaling a major wave of filings in the coming months.
Progress
44% Bias Score
Showing 49 to 60 of 259 results