Debt Crisis

Puerto Rico misses payment as debt crisis escalates
www.marketwatch.com

Puerto Rico's debt crisis moved into a more perilous phase for residents, lawmakers and bondholders Monday after the Government Development Bank failed to repay almost $400 million. The missed principal payment, the largest so far by the island, …

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Worst of corporate debt crisis over: Morgan Stanley
economictimes.indiatimes.com

MUMBAI: Indian companies will likely resume growth in the coming quarters helped by lower debt, positive cash flows and a better economic environment signalling the end of the corporate debt crisis in the country, Morgan Stanley analysts Ridham Desai …

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Everything You Wanted to Know About the Puerto Rican Debt Crisis But Were …
nymag.com

Puerto Rico just defaulted on a $422 million debt payment. That's the largest default yet in a debt crisis that already has schoolchildren suffering, bondholders sweating, Paul Ryan beating back a mutiny, Democrats feeling good about their chances in …

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How to Solve Puerto Rico's Debt Crisis
www.nationalreview.com

Puerto Rico's fiscal woes are approaching a boiling point. With more than $70 billion in outstanding debt, the territory has come to Congress, hat in hand, asking for help. There are prudent ways to address the problem, and there are short-term patches …

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Puerto Rico will not make $370m payment as debt crisis continues
www.theguardian.com

Governor Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370m in bond payments due Monday after a failure to restructure or find a political solution to the US territory's spiralling public debt crisis. Garcia …

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The student-debt crisis is about a lot more than borrowers' bad choices
nypost.com

To my great excitement, Buzzfeed recently featured my alma mater, Meredith College, a small women's school in North Carolina. The article highlighted theater major Maigan Kennedy — who, instead of the normal senior photo, decided to have some fun and …

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As deadlines come and go, Puerto Rico's debt crisis grows
www.csmonitor.com

Thousands of public sector workers demonstrated on Friday against an austerity plan to help pull Puerto Rico out of a massive debt crisis, saying the private sector should take more of the pain. The island's government is calling for shared sacrifice …

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The Economics Of Resolving The Global Debt Crisis
seekingalpha.com

Global debt continues to climb at an alarming rate and will crimp growth for years; the continued application of Keynesian stimulus has failed to help and is likely causing harm. Trouble spots like Japan and China could blow up the global economy if …

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