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Canada's household debt levels higher than any other country, report says
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 to increase holiday spending despite OECD debt warningsDigital Journal
Canadians Are More In Debt Than Anyone Else In The WorldMTL Blog (blog)
Huffington Post Canada -Toronto Star
all 22 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 ...


How to have a debt-free holiday season
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 ...


UPDATE 1-South Africa's weak growth, rising debt could trigger deeper downgrades - cenbank
He cited the dismal October budget, where Finance Minister Malusi Gigaba said the budget deficit estimate had widened to 4.3 percent of gross domestic product from 3.1 percent and that gross debt would reach 60 percent of GDP in 2021, as major ratings ...
S&P Cuts South Africa Debt Rating, Moody's Issues WarningBloomberg
S&P downgrades South Africa's local currency debt to 'junk' statusWHTC
South Africa's weak growth, rising debt could trigger deeper downgrades - cenbankKitco News
Financial Times
all 72 news articles »


Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan
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
Letter: Don't let tax plan add to national debtEvansville Courier & Press
37 of 38 economists said the GOP tax plans would grow the debt. The 38th misread the question.Washington Post
IGM Forum
all 239 news articles »

Wall Street Journal

Tax Bill's Fine Print: Making It Tougher for Cities, States to Refinance Debt
Wall Street Journal
The reason: The Republican tax plan in congress would eliminate a tax exemption on some types of bonds issued by state and local governments to refinance their old debt. “It just made all the sense in the world to do it,” Mr. Matson said. The GOP ...

and more »

Moody's assigns B3 foreign currency issuer and debt ratings to Argentina's Province of Río Negro (press release)
The issuance will result in a significant increase in the province's level of indebtedness, with its ratio of total debt to total revenue rising to 51% at the end of 2017 from 27% a year earlier. In addition, the bond placement will raise Río Negro's ...

and more »


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

all 14 news articles »

Sharing stories of thanks after paying off debt
The Boston Globe
Every week, during my live online chat, I invite people to talk about their financial successes. I call it Testimony Thursday. And what better time of year -- when we express gratitude for what we have and enjoy the holiday gift-giving spirit -- to ...

UPDATE 1-Debt-ridden Altice looks to sell Dominican Republic network -FT
Business Insider
PARIS, Nov 23 (Reuters) - Telecoms and cable group Altice , whose shares have been hit by concerns over its roughly 50 billion euros ($59.1 billion) debt burden, is looking to sell its telecoms network in the Dominican Republic, the Financial Times ...
Altice could flog Dominican Republic business to address debt

all 6 news articles »

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