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Reuters

Life after debt? Macquarie's junk lending unit sputters
Reuters
In the years after the global financial crisis, the bank's Corporate and Asset Finance (CAF) unit - an opaque business analysts call a "black box" - accounted for almost a third of Macquarie's earnings, driving growth fueled by a A$33 billion ($26.18 ...

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ESPN FC

13 Chinese clubs at risk of expulsion with Super League in debt crisis
ESPN FC
Shanghai SIPG manager Andre Villas-Boas Shanghai SIPG, coached by Andre Villas-Boas, have told the CFA they have no outstanding payments. China's leading professional clubs have denied they are in breach of regulations that could see them kicked ...
Thirteen Chinese Super League clubs face expulsion over unpaid debtsTelegraph.co.uk

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MarketWatch

Debt-ceiling fears bubble up in Treasury bills
MarketWatch
The deadline to raise the federal government's debt ceiling is approaching fast, and concerns are showing up at the short end of the yield curve, the line that traces yields across maturities. The 3-month Treasury bill matures around the time the ...



The Guardian

Vital for Greece to Keep Up Reforms to Secure Debt Market Access-IMF
New York Times
ATHENS — The IMF told Greece on Wednesday that it was critical to keep up its drive on reforms in order to successfully conclude its bailout programme and regain access to debt markets. Greece sold debt to private investors for the first time in three ...
Greece's €3bn bond sale doesn't mean its debt crisis is at an endThe Guardian

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New York Post

Federal spending is skyrocketing — along with US debt
New York Post
That has the unfortunate distinction of beating the record of $392.8 billion that was spent in March 2017. I mention this because the US debt is getting awfully close to $20 trillion — a level which, as I said in a column a while ago, the media should ...



How I Ditched Debt: Making Sense of Cents
NerdWallet (blog)
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Their stories may even inspire you to pay off your debt. Responses have been edited for length and clarity.

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What Would You Give Up to Be Debt-Free?
NerdWallet (blog)
Looking to get out from under a mountain of credit card debt? You've likely come across an aspirational story or 12 while clicking around. They usually go like this: Penny-pinching Peter rid himself of an enormous amount of debt by cutting out small ...

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BBC News

Reality Check: Has personal debt been growing?
BBC News
The Bank of England's financial stability director, Alex Brazier, has been warning about the dangers of rising personal loans. He said that High Street banks were at risk of entering "a spiral of complacency" about mounting consumer debt levels ...

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UPDATE 1-Thailand tightens credit-card rules to battle high household debt
Reuters
BANGKOK, July 26 (Reuters) - Thailand's central bank on Wednesday tightened controls on credit cards and unsecured personal loans, a move that should contain high household debt levels and could cut domestic consumption. The measures, effective ...

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BBC News

Pre-crash debt problems 'rearing their heads', Reeves warns
BBC News
Debt problems seen in the run up to the financial crisis are "rearing their heads" again, the new head of the business select committee has warned. Labour MP Rachel Reeves, who worked at HBOS during the crisis, said regulators needed to be "forever ...
'We've got to be forever vigilant': The head of an influential parliamentary committee is sounding the alarm on ...Business Insider

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