As the International Monetary Fund forecasts the deepest recession in a century, countries without Canada’s wealth could fall into chaos, some experts warn.
— Read on www.cbc.ca/news/business/covid-19-lockdown-debt-world-economy-international-monetary-fund-1.5532235
Tag: Debt
IMF cancels debt payments for 6 months for 25 poor nations battling coronavirus – MarketWatch
The International Monetary Fund approved $500 million on Monday to cancel six months of debt payments for 25 of the world’s most impoverished countries so…
— Read on www.marketwatch.com/story/imf-cancels-debt-payments-for-6-months-for-25-poor-nations-battling-coronavirus-2020-04-13
Falling angels: mounting debt has U.S. companies on the edge of danger
Data show how debt has U.S. companies on the edge of danger. The pandemic may push them over
— Read on graphics.reuters.com/HEALTH-CORONAVIRUS/CORPBONDS/qmyvmgylvra/index.html
More higher-income Ontarians struggling with debt: Study – BNN Bloomberg
More higher-income Ontarians struggling with debt: Study – BNN Bloomberg
— Read on www.bnnbloomberg.ca/more-higher-income-ontarians-struggling-with-debt-study-1.1387802
US deficit swells 25% in fiscal 2020, $1.1 trillion over past year
The sea of red ink is hemorrhaging in Washington, with the federal government already racking up a budget deficit that is averaging close to $100 billion a month.
— Read on www.cnbc.com/2020/02/12/us-deficit-swells-25percent-in-fiscal-2020-up-1point1-trillion-over-past-year.html
50% of Canadians face insolvency amid ‘debt hopelessness’: Survey – BNN Bloomberg
50% of Canadians face insolvency amid ‘debt hopelessness’: Survey – BNN Bloomberg
— Read on www.bnnbloomberg.ca/50-of-canadians-face-insolvency-amid-debt-hopelessness-survey-1.1376463
Debt repayment Canadians’ top resolution for 2020: CIBC poll – BNN Bloomberg
Debt repayment Canadians’ top resolution for 2020: CIBC poll – BNN Bloomberg
— Read on www.bnnbloomberg.ca/debt-repayment-canadians-top-resolution-for-2020-cibc-poll-1.1367594
A $10 trillion debt burden coming due one day could hit the stock market and Amazon, UBS proposes
This decade’s surge in corporate debt could pressure stocks in 2020 if earnings or the economy slow, UBS proposes.
— Read on www.cnbc.com/2019/12/18/a-10-trillion-debt-burden-coming-due-one-day-could-hit-the-stock-market-and-amazon-ubs-proposes.html
Household debt squeeze drives Canadian delinquencies higher – BNN Bloomberg
Household debt squeeze drives Canadian delinquencies higher – BNN Bloomberg
— Read on www.bnnbloomberg.ca/household-debt-squeeze-drives-canadian-delinquencies-higher-1.1360576
Two in five Canadians don’t ever expect to escape debt, survey says – BNN Bloomberg
Two in five Canadians don’t ever expect to escape debt, survey says – BNN Bloomberg
— Read on www.bnnbloomberg.ca/two-in-five-canadians-don-t-ever-expect-to-escape-debt-survey-says-1.1352092