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Although financial entities have varied expectations regarding the 2023 Christmas campaign, none consider relevant growth in loans, but rather slight increases, maintenance or lesser advances compared to similar previous campaigns. He central business manager Cusco BoxWalter Rojas, projected that the 2023 Christmas campaign will be smaller than that of 2022, and loans to MSEs for … Read more
China’s household debt burden continues to grow and is close to the International Monetary Fund’s (IMF) “red line” – an indicator of the risk of a financial crisis. This was reported by the Hong Kong newspaper South China Morning Post. According to data from the National Institute of Finance and Development of China, for 2022 … Read more
Repetitive purchases at various installments, with their respective interest charges, can make managing a credit card become a “headache” with debts that only extend from month to month. In case of presenting this situation, there are some tips that can help people order their financial commitments and make better use of this tool. Loved by … Read more
For now, it seems that no one wants to back down. President Joe Biden expects the US Congress to raise the debt ceiling without further demands. On the contrary, Republicans want Biden to promise a savings plan of 5 trillion dollars over ten years. Donald Trump and his supporters go even further. They don’t want … Read more
Fitch’s downgrade of France’s credit rating on Friday underscores how much the eurozone has changed since 2004. Back then, the Czech Republic as a “four-wheeler” should have entered the “one-wheelers”, today the Czech Republic is a “two-wheeler” and should be included among the “worse three-wheelers”. When the Czech Republic joined the EU on May 1, … Read more
Al-Marsad newspaper: The “sakani” program has announced that it will expand the availability of the debt transfer service and the renegotiation of the soft housing loan in various financial agencies. The program explained that the debt transfer service and rescheduling of the subsidized real estate loan on some housing products is currently available, under specific … Read more
European property prices are skyrocketing again and agencies are concerned. But the threat is more social than financial. In February, the ECB called housing markets a “key vulnerability” for banks. Regulators in Germany and Switzerland have asked banks to set aside additional funds to protect themselves from mortgage losses. The Bundesbank considers that housing may … Read more
December 15, 2021 at 12:30 a.m. US insolvency averted : Senate votes in favor of raising the debt ceiling – That evening, the decision to raise the debt ceiling was made in the Capitol in Washington. Photo: AFP/Anna Moneymaker – – Washington US Democrats and Republicans have been arguing over the budget for months. Now … Read more
Photo: korrespondent.net Moratorium on disconnecting debtors from utilities lifted – – To restore the supply of utilities, you will have to pay off the debt and pay for the reconnection service. In Ukraine, the restrictions on disconnecting the population for arrears in the payment of utility bills have been officially lifted. The law was signed … Read more
Photo: suspilne.media They want to cut half of the hospital staff – – Health workers are not paid their salaries for three months. The debt on payments is almost six million hryvnia. In the city of Valki in the Bogodukhovsky district of the Kharkov region, medical workers blocked the international highway Kiev – Kharkov – … Read more