Posts Tagged ‘Risk’

Debt limit reached, US halts 2 pension investments

Geithner informed Congress of his decision in a letter stating that the government had officially reached its $14.3 trillion borrowing limit. He repeated a warning that if lawmakers do not increase the borrowing limit by August 2, the government is at risk of an unprecedented default on its debt. View full post on All Stories

Obama: Congress must raise debt limit

CHICAGO – President Barack Obama confidently predicted Friday that a divided Congress would raise the nation’s borrowing limit to cover the staggering federal debt rather than risk triggering a worldwide recession, but he conceded for the first time he would have to offer more spending cuts to Republicans to get a deal. View full post [...]

Obama: Congress must _ and will _ raise debt limit

President Barack Obama confidently predicted Friday that a divided Congress would raise the nation’s borrowing limit to cover the staggering federal debt rather than risk triggering a worldwide recession, but he conceded for the first time he would have to offer more spending cuts to Republicans to get a deal. View full post on All [...]

Risk of Inflation Puts Europe in a Tough Spot

The bank should be trying to raise interest rates to cool the euro zone economy, but it cannot do so without increasing borrowing costs for Spain and Ireland. View full post on All Stories

Unsecured Loans For People on Benefits- Getting Cash Is Easy Without Pledging

In this world everybody needs cash. Some of them need cash in rush but they don’t have collateral to bestow because of which they have to face failure in obtaining loan. But now it is not so any longer because lenders have made unsecured loans for people on benefits that are unsecured loans offered to [...]

GM adds $2 billion in shares to pension plan

Ayinde O. Chase – AHN News Editor Detroit, MI, United States (AHN) – General Motors issued a statement Friday confirming it has completed a contribution of 60.6 million shares of GM common stock to its U.S. hourly and salaried pension plans. The deal is valued at nearly $2 billion. The contribution completes the estimated $6 [...]

What are the rights of a loan defaulter?

Defaulting on a loan is an associated risk that comes from borrowing and sometimes circumstances beyond your control can cause you to be dragged into a spiral of debt. n View full post on All Stories

Tube strike to go ahead

A strike by Tube drivers will take place on Boxing Day after London Underground lost a legal challenge to the action. Related Stories Heinz workers to stage more strikes Boxing Day Tube strike warning Long-term unemployment risk for youth Heathrow boss gives up bonus Boxing Day tube strike to go ahead View full post on [...]

Europe bailout pressure builds as default fears grow

The perceived risk of debt defaults in Portugal and Spain drove their borrowing costs to new highs Friday. View full post on All Stories

Bad Credit Loans: Quick Money if Having Bad Fiscal Condition

Keeping bad credit history is the high risk factor. If you are searching for help to resolve your fiscal issues but do not have sufficient credit ratings, here are bad credit loans for you. Bad credit loans are particularly designed for bad creditors who are holding bad fiscal condition. You can receive an out of [...]

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