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US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement
Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt. Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be ...World - The Guardian - November 6 -
Can a 7-year-old credit card debt still be collected?
Credit card debt this old could still be collected on — but only in certain circumstances. Here's what to know.Top stories - CBS News - November 6 -
What happens when a credit card charge-off is sold to a debt collector?
Has your charged-off debt been sold to a debt collector? Here's what you can expect to happen next.Top stories - CBS News - November 6 -
Should I pay credit card debt that has been written off?
Paying off written-off debt may seem counterintuitive, but it can make sense in certain cases. Here's why.Top stories - CBS News - November 7 -
What will happen to the U.S. dollar, deficit and debt under Trump? Watch gold.
Gold’s performance may offer hints on what will happen to the U.S. dollar, and how the U.S. deficit and debt story will play out, as incoming U.S. President Donald Trump takes office, analysts say.Business - MarketWatch - November 8 -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - November 8 -
China unveils 10tn yuan support for debt-stricken local government
Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...World - The Guardian - November 8 -
Here's how your credit card debt can become uncollectible
If you're behind on your payments or are curious about your rights regarding old debt, here's what to know.Top stories - CBS News - November 11 -
How to get rid of credit card debt without ruining your credit
You don't have to sacrifice your credit score to get rid of credit card debt. There are lots of routes to consider.Top stories - CBS News - November 11 -
Here's how to qualify for credit card debt forgiveness before 2025
Debt forgiveness could help you save money on what you owe, but you'll need to meet some requirements to enroll.Top stories - CBS News - November 12 -
Everyday Americans Keep Racking up Debt and Missing Payments
Economic pain is weighing on consumers as delinquency rates and household debt rise.Business - Inc. - November 14 -
What are the best ways to get rid of credit card debt in retirement?
New research shows that retirees' credit card debt is growing. Here's how you can tackle yours now.Top stories - CBS News - November 14 -
Moody's downgrades Mexican government's outlook to 'negative' over weakening of judiciary and debt
Mexico's president has lashed out at Moody’s ratings service after it downgraded the Mexican government’s debt outlook to “negative.”World - ABC News - November 15 -
Spirit Airlines files for bankruptcy following mounting debt and a failed merger
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.Top stories - NBC News - November 18 -
5 surprising credit card debt consolidation benefits to know
Drowning in credit card debt? Consolidation does more than you might think.Top stories - CBS News - November 18 -
3 important things to know if your credit card debt goes to collections
If your credit card debt is delinquent and is now in the hands of a debt collector, here's what to know.Top stories - CBS News - November 18 -
Will enrolling in a credit card debt management program hurt your credit?
Certain debt relief strategies can have a negative impact on your credit — but is debt management one of them?Top stories - CBS News - November 19 -
ECB warns low growth and high debt risk Eurozone crisis
Central bank report sounds alarm on potential concerns over ‘sovereign debt sustainability’Business - Financial Times - November 20 -
How to fight the silent debt crisis engulfing the global south
Multilateral institutions must help these countries find the money to stave off climate changeWorld - Financial Times - November 20