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Bloomberg

Debt Is a Problem for a Quarter of the Poorest UK Households
Bloomberg
“While debts can be a sign that a household is struggling to manage its finances, they can also be an appropriate and manageable response to negative shocks or an anticipated income rise,” IFS economists Andrew Hood, Robert Joyce and David Sturrock ...
Debt fears for poorer householdsBBC News
Quarter of UK's poorest households are getting deeper in debt, IFS warnsThe Guardian
The debt epidemic that's striking those least able to recover - and the steps to get you closer to safetyMirror.co.uk

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Business Insider

'It looks like a real problem': 16% of Britain's poorest households are falling behind on debt repayments
Business Insider
LONDON — Most of Britain's consumer debt pile is manageable, but poor households falling behind on bills and debt repayment represent a growing cause for concern. That's according to a report by the Institute for Fiscal Studies, which found that ...

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Bloomberg

Xi Jinping's Debt Clampdown Has Left a Trail of Dead Projects
Bloomberg
The size of New York City, the zone is a satellite of Lanzhou, capital of China's poorest province, Gansu, and a place where Xi's efforts to wean the country off debt and onto services and consumer spending can be seen in stark relief. In most of China ...

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Yahoo Finance

China is heading toward a debt crisis that will throw into question everything we think we know about it's economy
Yahoo Finance
China's worrisome build-up of corporate and household debt is well-documented, but fears of a financial crisis have receded sharply from the turbulent days of 2015 and 2016, when the country's stock market crashed on fears that an epic two-decade ...

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Yahoo Finance

China Q4 GDP growth to slow on debt, pollution clampdown
Yahoo Finance
BEIJING (Reuters) - China's economic growth is expected to have slowed slightly in the fourth quarter from the previous quarter, a Reuters poll showed, as the government extended a crackdown on debt risks and factory pollution. Policymakers in the ...

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CNBC

China increasing Africa debt is false, foreign minister Wang Yi says
CNBC
Chinese Foreign Minister Wang Yi has hit back against claims that China is increasing the debt burden of African countries. Wang dismissed the allegation as false at a press conference Sunday in Luanda, Angola, as reported by China's state-run news ...
China's financing not the cause of Africa's debt, says foreign ministerGBTIMES
Chinese FM rejects claim China's financing increases Africa's debt ...Xinhua

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CBS New York

Experts Say Now's The Time To Pare Down Your Debt
CBS New York
NEW YORK (CBSNewYork) — Now that the holiday spending season is over, credit card bills are coming in the mail. Experts warn that interest rates are rising, so it's the perfect time to pare down your debt. Inside the Mineola Luncheonette, most are ...

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Nikkei Asian Review

SoftBank mobile IPO would help rein in debt and diversify funding
Nikkei Asian Review
SoftBank Group's interest-bearing debt exceeded 14 trillion yen ($126 billion) at the end of September. Moody's Japan and S&P Global both assign speculative-grade ratings to the company's debt, making it difficult to market bonds to institutional ...

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Bloomberg

Household Debt and Fed Rates Are Front and Center for Poloz
Bloomberg
Over the past 25 years, Canada's policy rate has been about a rate hike on average higher than the U.S. rate. At the moment it's 0.375 percentage points below, so there could be some catching up to do. But the U.S. -- with its less indebted households ...

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Washington Post

Big UK government contractor to be liquidated amid debt woes
Washington Post
LONDON — One of the British state's biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company struggling under the weight of more than 1.5 billion pounds ($2.1 billion) of ...
Carillion Banks Lead Losers as $2.2 Billion Debts Crush FirmBloomberg
Carillion crumbles under debt pile: who's to blame?The Week UK
Timeline - Carillion collapses under debt pile after profit warningsReuters
The Globe and Mail -Telegraph.co.uk
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