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Business Insider

The bank for central banks is blaring the siren on a new debt crisis that could cause a long and painful recession
Business Insider
The Bank for International Settlements, nicknamed the bank for central bankers, said in a report that the ballooning levels of public and private debt are creating a 'trap' that would be hard to escape. Although higher leverage can boost growth in the ...



Bloomberg

Banks May Be Using Lehman-Style Trick to Disguise Debt
Bloomberg
The collapse prompted regulators to close an accounting loophole the firm had wriggled through to mask its debts and to introduce a leverage ratio globally. The Basel Committee on Banking Supervision recommends a minimum 3 percent ratio is used.
Banks May Be Using Lehman-Style Trick to Disguise Their Debtswissinfo.ch

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Aljazeera.com

Why the debt deal with the EU is bad for Greece
Aljazeera.com
Shortly before coming to power in January 2015, Alexis Tsipras - then still known as an outspoken Greek opposition leader and unconventional anti-austerity firebrand - vowed not to wear a tie until international lenders agreed to cut his country's ...
Greece lauds 'historic' deal to end debt crisisThe Nation

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New York Post

NYC politicians have racked up thousands in debt
New York Post
Convicted felon and ex-Rep. Michael Grimm goes into Tuesday's GOP congressional primary owing hundreds of thousands to creditors — including his mom. Grimm reported seven different debts, the most of any current Congress member or primary ...



Student-Debt Forgiveness Is a Wonderful Boon, Until the IRS Comes Calling
Wall Street Journal
The first borrowers likely won't have debt expunged until 2027. As enrollment surges, education analysts and student advocates are warning of a potential crisis facing borrowers and the government down the road: huge one-time tax bills that individuals ...



AZCentral.com

See where taxpayers are on the hook for the most debt in Arizona
AZCentral.com
The federal government might have a spiraling debt crisis, but Arizona's cities, counties and state agencies are going in the other direction. The total debt incurred by Arizona's public-sector entities stood at $36.4 billion at the end of fiscal 2017 ...



University of Oklahoma President Says $1B Debt Not Uncommon
Diverse: Issues in Higher Education
NORMAN, Okla.—. The president of the University of Oklahoma says the school's nearly $1 billion debt is large but comparable to similar public universities. The Oklahoman reports President David Boren's Wednesday statement followed earlier remarks by ...

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MPNnow.com

John Ninfo: Time to look at college costs, student loan debt
MPNnow.com
On one of those subjects, student loan debt, another publication recently ran an editorial on the subject, which once again noted that it has now exceeded credit card debt in this country, and that in some cases, it may be preventing some borrowers ...



Bemidji Pioneer

BAS Food Service Angel Fund debt erased
Bemidji Pioneer
Because of this and other community efforts, the Food Service's Angel Fund debt has been erased. The Angel Fund was created help support the debt accrued by the Food Service for feeding lunches to students regardless of their family's financial ...



Wall Street Journal

Eurozone Gives Greece Some Debt Relief as Bailout Nears End
Wall Street Journal
LUXEMBOURG—The eurozone agreed to lighten Greece's debt burden when the country's bailout ends this summer, but the measures fall short of what the International Monetary Fund and most economists say would be needed to end doubts about ...
Greece Prepares to Stagger Back From Debt Crisis, the End of Bailouts in SightNew York Times
Greece hails 'historic' debt relief deal - BBC News - BBC.comBBC News
Euro zone agrees on debt relief package for GreeceCNBC
Bloomberg -FRANCE 24 -Reuters
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