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Reuters

S&P downgrades South Africa's local currency debt to 'junk' status
Reuters
JOHANNESBURG (Reuters) - S&P Global Ratings downgraded South African local currency debt to “junk” territory on Friday, citing a further deterioration in the country's economic outlook and public finances, sending the rand tumbling. FILE PHOTO: A view ...
South Africa to Outline 'Decisive' Policy in 2018 After Debt Rating CutU.S. News & World Report
UPDATE 2-S&P downgrades South Africa's local currency debt to "junk" statusKitco News
South Africa's weak growth, rising debt could trigger deeper ...Nasdaq
CNBCAfrica.com -Moneyweb.co.za -Moodys.com
all 106 news articles »


Yahoo Finance

ArcelorMittal Poised on Debt Cuts, Action 2020 Initiatives
Yahoo Finance
The company's net debt declined to $12 billion at the end of third-quarter 2017 from $12.2 billion a year ago, owing to positive free cash flows, leading to lower interest expenses. ArcelorMittal also remains on track with its cost-reduction actions ...



CNBC

Canada's household debt levels higher than any other country, report says
CNBC
Household debt levels in Canada are higher than in any other country, according to a report by the Organization for Economic Cooperation and Development (OECD). In a preliminary version of the report, set to be released fully next month, the OECD found ...
OECD Warns on Rising Debt Risk as Canadians Most in the RedBloomberg
Canadians' Household Debt Tops All Other Countries In OECD ReportHuffington Post Canada
Canadian households lead the world in terms of debt: OECD - CBC.caCBC.ca
Financial Post -Toronto Star
all 22 news articles »


AOL

How to have a debt-free holiday season
AOL
If you want to avoid going into debt, don't wait until November or December to find the cash for gifts. Instead, make saving for the holidays something you do year-round. If you know you'll spend around $1,000, saving $80 a month means you won't have ...



NPR

Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan
NPR
Economists were much more certain about what the tax bills would do to the debt. They were asked whether a tax bill like those in the House and Senate right now would leave the U.S. debt-to-GDP ratio (a common measure of how large the national debt is) ...
New dynamic score shows the Senate tax bill raises debt by more than advertisedVox
37 of 38 economists said the GOP tax plans would grow the debt. The 38th misread the question.Washington Post
Jay Ambrose: Reform taxes, but watch the debtAllentown Morning Call
Evansville Courier & Press -IGM Forum -New York Times -The White House
all 275 news articles »


CANADA FX DEBT-C$ flat vs weaker US dollar, GDP data eyed
Reuters
(Adds analyst comment, details, updates prices) * Canadian dollar at C$1.2714, or 78.66 U.S. cents * Loonie gains 0.4 percent against greenback over week * Bond prices mixed across flatter maturity curve By Alastair Sharp TORONTO, Nov 24 (Reuters) ...

and more »


Debt-settlement bill worries consumer groups
The Columbus Dispatch
A bill pending in the Ohio General Assembly seeks to address struggling consumers buried under a pile of debt. Proponents of the bill say provisions would give consumers more options to work out their problems. Opponents fear it might put them in a ...



Bloomberg

Altice's Debt Diet Needs to be Stricter - Bloomberg Gadfly
Bloomberg
Selling just the lowest-hanging fruit looks over confident.
S&P cuts outlook on Altice debtFinancial Times

all 14 news articles »


National Review

The Debt Is No Reason Not to Pass Tax Reform
National Review
These critics routinely cite two reasons for their concerns: that it could put the U.S. on a catastrophic path similar to Greece's during the European sovereign-debt crisis, and that we would risk harming the future rate of economic growth. These ...



Debt Collector Lowell May IPO Despite Rival Cabot's Pulled Deal ...
Bloomberg
Lowell Group Ltd., the debt-purchasing company owned by Permira Holdings and the Ontario Teachers' Pension Plan, is considering an initial public offering ...

and more »

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