Monthly Archives: November 2009
Don’t be paralyzed by regret over debt (The Morning Call)
You have to put yourself in a position to take action Q I’m 23, and when I was young I didn’t handle my credit cards well. Continue reading
Focus on future, leave debt regret behind (Pioneer Press)
Question: I’m 23, and when I was young I didn’t handle my credit cards well. I’ve stopped using the cards or shopping unless I need something. Continue reading
Public debt imperils world economy (AFP via Yahoo! News)
The debt dilemma confronting Dubai has thrown into sharp relief a new threat to the financial health of rich countries that have borrowed and spent heavily to escape recession and must now pay up. Continue reading
Dubai waits on neighbour debt aid (MalaysiaNews.net)
Dubai is waiting to see whether neighbouring Abu Dhabi would bail out the credit-crunched city-state.As world markets absorbed the shock of Dubai’s debt crisis, the ruler of the once-booming millionai… Continue reading
Dubai waits on neighbour debt aid (Channel 4)
Dubai is waiting to see whether neighbouring Abu Dhabi would bail out the credit-crunched city-state. Continue reading
Pay off credit-card debt with 401(k) contributions (Orlando Sentinel)
Q: I owe about $65,000 in credit card debt on several different accounts and am struggling to make the minimum payments. The interest rate on these cards range from 9.9 to 25 percent. Continue reading
Dubai debt fears threaten credit crunch 2 — and RBS is exposed (Times Online)
The spectre of “Financial Crisis 2” continued to loom over global markets yesterday after Dubai’s revelation that it may not be able to meet its debt obligations. Continue reading
Bonds rally as credit fears sap confidence (CNN Money)
Treasurys jumped Friday as investors flocked to the perceived safety of U.S. debt amid concerns about Dubai World’s credit problems. Continue reading
Dubai Debt Payment Concern Spurs Surge in Global Credit Risk (Bloomberg)
Nov. 27 (Bloomberg) — Dubai’s attempts to delay debt repayments spurred a surge in the cost of insuring government and company bonds from default around the world and may curb lending throughout the Persian Gulf. Continue reading
Europe banks lightly exposed in Dubai: Credit Suisse (AFP via Yahoo! News)
European banks have 13 billion euros’ worth of exposure to debt-laden Dubai, Swiss lender Credit Suisse estimated on Thursday after the Gulf state shocked investors by moving to suspend some repayments. Continue reading
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