Feeds
Europe's top soccer clubs will be barred from the Champions League if they don't curb their spending.
With home prices continuing to drift lower nationwide, something like one in five homeowners now owes more on their mortgage than their house is worth. It’s tempting to consider just walking away and starting over. Here are a few reasons why that’s a bad idea.
Weeks before his re-election bid, Algerian President Abdelaziz Bouteflika announced Saturday that the government will cancel billions of dollars (euros) worth of debt owed by farmers and livestock raisers, the state-run news agency reported.
Britain's banks must reveal the full extent of their losses due to so-called toxic debts, Prime Minister Gordon Brown said in an interview published Saturday.
A prominent political fundraiser on trial in a corruption case in Chicago is wanted in Las Vegas on allegations that he rang up hundreds of thousands of dollars in casino debts.
Most of Iraq's debt was run up during its war with Iran in the 1980s. Iraq's finance minister puts the country's total remaining debt at $50 billion. But estimates vary and numbers from individual countries could put the total at higher than $60 billion:
Self-issued notes defy common sense, no good for debts It would seem to be the ultimate debt reduction plan: Create your own official-looking document, add some mumbo-jumbo legal language and mail it instead of a check with your payment coupon.
BBC News - Climate of fear among Dubai's property investorsA week after concerns about debt problems at one of Dubai's biggest firms sent ripples around the financial world, Malcolm Borthwick, editor of the BBC's Middle East Business Report asks British ex-pats and Emiratis about the lasting impact of this turbulent period.
Germany still paying off WWI reparations More than 90 years after Germany signed the Treaty of Versailles to end the First World War, the country continues to pay off reparations, daily Bild reported on Wednesday.
After Dubai, Wondering Where the Next Debt Bombs Lurk - NYTimes.comLike overstretched American homeowners, governments and companies across the globe are groaning under the weight of debts that, some fear, might never be fully paid back.
BBC News - What is Dubai and who runs it?From the pinnacle of the world economic boom to the brink of bankruptcy, Christopher Davidson of Durham University explains some of the background to the glittering city in the desert.
If Florida is such a great state, then why are people packing up their ownings and taking off to cities like Chicago, New York, Cleveland, Detroit, etc? Because, it isn't.
The Failure of ObamunismFor each of Obama's years in office, the deficit is projected to be larger than any year during Bush's terms. Obama promised us fiscal responsibility.
Lehman Brothers Faces Lawsuit from the FrenchTop banks in France are suing former Wall Street giant Lehman Brothers for billions. Other French banks and insurers have sued for hundreds of millions more.
Money has changed the face of football, allowing Premier League clubs to attract world class talents and gain a pre-eminent position in Europe as well as increasing TV viewersips around the world.
S'pore consumer debt woes THE number of consumers in Singapore struggling to pay their credit card bills and personal loans rose in the fourth quarter, data showed on Tuesday, as recession deepened in the city-state.
Why banks still teeter, after $232 billion in aidThis article states that banks are facing more losses as fewer customers pay on their credit card debts, developers default on loans for new office towers, and a rising number of companies go bankrupt. We are not crying any tears for Citibank etc but the ripples of the recession …
S 31: Changing Tax code to do something with debts occuring in 2009 and 2010S. 31 To amend the Internal Revenue Code of 1986 with respect to the proper tax treatment of certain indebtedness discharged in 2009 or 2010, and for other purposes.
Mans £5 Debt repaid 39 years later.A Sheffield man who lent a penniless Australian tourist £5 to pay for a ferry trip in 1969 has been repaid his debt nearly 40 years later.
Bob Herbert: A Fool's Paradise We've been living for years in a fool's paradise atop a mountain of debt. The masters of the universe on Wall Street lost all sense of reason, no doubt.
Judge Orders Credit Reporting Bureaus To Strike Forgiven Debts From RecordsThe three big credit reporting agencies—Experian, TransUnion, and Equifax—have been inaccurately reporting debts on millions of consumers' credit reports even after the debts have been forgiven during bankruptcy filings.
Bernanke Says Treasury Will Buy Bad Debts At *Twice* Their Market Value. Failed Banks Will Turn A Profit On The Bailout.He said that during the hearing Fed chairman Mr Bernanke disclosed that the Treasury would attempt to buy these debts from banks at close to their "hold-to-maturity" value, not the market value.
Student Auctioning Her Virginity for College EducationA 22-year-old woman in the United States is publicly auctioning her virginity to pay for her college education, sparking a heated online debate about sex and morality. "We live in a capitalist society. Why shouldn't I be allowed to capitalize on my virginity?" she added.
Debt-strapped consumers vent their frustration with banks as they root for new rules to rein in card rates and fees David Giantomasi says he vigilantly paid his credit-card bills each month. Even if he could only make the minimum payment, he made sure to get all his monthly payments squared away.
Manchester United reveal financial lossLONDON - Manchester United had a $113.4 million net loss in the fiscal year ending last June 30, despite winning the English Premier League title.
The IMF's dwindling fortunesBut despite the bravado, the reality is that today's IMF is not what it once was.
BBC NEWS | England | Staffordshire | Poison plot wife given 30 yearsA woman who tried to kill her husband by putting anti-freeze into his curry and wine has been jailed for 30 years. Kate Knight, 28, was found guilty of the attempted murder of Lee Knight at their home in Stoke-on-Trent, Staffordshire in 2005.
Florida Family Charged With Enslaving Immigrant Farm WorkersSix family members were indicted for enslaving Mexican and Guatemalan immigrants and forcing them to perform farm labor
In the Land of Many Ifs For months, the American economy has been assailed by a wave of troubling news, from plunging housing prices to the soaring cost of oil, provoking gloomy talk of a possible recession. Yet so far the economy has found a way to shrug it all off and keep growing.
For me, it has to be the one I couldn't believe happened in 2001. My mother was very ill between January and April when she died from a stroke. It meant that I had to go to Jamaica and leave my business in inexperienced hands for quite a few months.
The day we sign on the dotted line for a permanent job, especially in the public services, certain surreptitious things begin to happen.
Log In | Register
