Debt Management News Archive

10-Nov-2008

 

  • Gov't approves Reserve Fund deposits in IMF debt instruments (RosBusinessConsulting)
    RBC, 10.11.2008, Moscow 13:05:58. The government has approved the placement of money from the Russian Reserve Fund in the International Monetary Fund's debt instruments.


  • (AFX UK Focus) 2008-11-09 12:49 UPDATE 1-Dubai debt service covered for 7 quarters-official (Interactive Investor)
    DUBAI, Nov 9 (Reuters) - Dubai is fully covered to service its debt for the next seven quarters because its asset base far outstrips its debts but is centralising the debt-management system, a member of the executive council said on Sunday. "The Dubai government borrowings were for government institutions or state-owned entities that have been generating positive cash flows and long-term value ...


  • NHS mega-trust with £200m debt planned to save hospitals (Evening Standard)
    THREE debt-ridden NHS trusts in the capital are set to merge into one mega-trust with a combined debt of £200 million, it emerged today. In a last-ditch effort to survive, the move would see the three south-east London trusts pool resources and cut costs.


  • People seem to miss the fact that debt is a liability and is not money that is yours but which you owe (Express India)
    Amitoj Sethi, director, Deals4Loans, speaks with Abhay Rao of The Financial Express about debt management, financial prudence and making the right debt-related choices.


  • Polish Refiners' Profits to Be Hit by Debt Costs: Week Ahead (Bloomberg)
    Nov. 10 (Bloomberg) -- PKN Orlen SA , Poland's largest oil refiner, and its smaller competitor Grupa Lotos SA will probably report a decline in third-quarter earnings this week because of financing costs and the falling value of oil inventories.


  • Woman Says Bible Got Her Out of $500K in Debt (NBC Washington)
    A woman says the Bible led to her digging out of $500,000 in debt and is responsible for her financial freedom.



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