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Entries Tagged ‘Debt’

Two major publishers announce bad news for newspaper industry

Matthew Borghese – AHN News Contributor Tampa, FL, United States (AHN) – It’s beginning to be a tough week for newspapers, with one major publication announcing a round of lay-offs, while another publisher announces bankruptcy. Media General announced Monday that it will let go 165 staffers from the Tampa (FL)Tribune newspaper, TBO.com, and other community [...]

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Community Development Centers (CDC) 504 Loan Program

The 504 Loan Program provides financing for long-term major fixed assets at a fixed rate. It is offered through a Certified Development Company. A CDC is a non-profit corporation that works with the SBA and private lenders to provide capital for small entrepreneurs. The deals have the following structure: a private lender with a senior [...]

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Unsecured Personal Loans

Are you in the market for a new loan? Perhaps you feel you need the loan to purchase electronics or other goods? Before you even start shopping for the loan you need to ask yourself if you truly need that money. What is the loan being used for? How much do you really need? If [...]

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White House hosts game of politicking over national debt problem

Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – There was another round of bipartisan talks with nearly all the 240-members of the House Republican Conference accepting an invitation from President Barack Obama to the East Room on Wednesday to discuss lifting the $14.3 trillion debt ceiling, and simultaneous efforts to cut [...]

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Japan sees deflation reprieve as core consumer prices nudge up

Linda Young – AHN News Writer Tokyo, Japan (AHN) – Japan beat deflation for the first time in 28 months with consumer prices rising in April by 0.6 percent compared to the same month last year, according to the Statistics Bureau. The increase was the first since December 2008 in Japan’s core consumer price index. [...]

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British government policy of no bailout places large banks at risk of possible credit downgrades

Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Credit ratings agency Moody’s placed major British banks on review because of a new British government policy that no bailout would be provided to financial institutions with problems. Moody’s hinted that 14 banks and building societies may face possible credit rating downgrades over its [...]

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ECB threatens to stop lending to banks using Greek bonds as collateral

The European Central Bank threatened on Thursday to stop lending to banks that would use Greek government bonds as collateral. The ECB would carry out the threat if Greece could successfully change the terms of its debts. The regional central bank is against the restructuring of the Greek debt because of fears it would bring [...]

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Seeking debt relief – The various loans that help you breathe free

Are you spending sleepless nights worrying about your debt burden? If you’ve incurred huge amount of credit card debt and you’re confused about the ways in which you can get rid of them, you might take out some loans. There are various loans that can help you come out of high interest unsecured debt and [...]

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IMF names John Lipsky as acting managing director

Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – The International Monetary Fund named John Lipsky as acting managing director on Sunday. Lipsky temporarily replaced Dominique Strauss-Kahn, IMF managing director, who was arrested over an alleged sexual attack on a maid at a Midtown Manhattan hotel. Lipsky is IMF’s first deputy managing director. [...]

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DuPont to buy Danisco for $5.8 Billion

Kris Alingod – AHN News Contributor Wilmington, DE, United States (AHN) – DuPont has agreed to buy food ingredients maker Danisco for $5.8 billion, a takeover the American chemical manufacturer said would give it the edge in industrial biotechnology. Delaware-based DuPont will buy all outstanding shares for 665 Danish kroner each and assume $500 million [...]

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