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Friday, February 10, 2012

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Debt

Russia writes off $11 bn in Afghan debt

Russia also provides humanitarian aid to Afghanistan - more than 40,000 tonnes of wheat flour and ot...

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Slovenia votes under cloud of eurozone debt crisis

Slovenians voted in snap elections with centre-left Prime Minister Borut Pahor expected to become th...

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Merkel, Cameron to meet amid growing friction

Angela Merkel will host Prime Minister David Cameron for talks Friday amid growing friction over how...

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Italy`s Monti aims to stay until 2013

PM-designate Mario Monti will Tuesday meet the leaders of Italy`s biggest two parties to discuss the...

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Berlusconi won`t run for next elections

Once Berlusconi resigns, Italian President Giorgio Napolitano will begin political consultations to ...

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Greek PM wins cabinet backing on referendum

The Greek government said the referendum would take place as soon as possible on a European Union de...

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Greece to hold referendum on new debt deal

Greece`s Prime Minister George Papandreou on Monday said his troubled country will hold a referendum...

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Greek PM cancels US trip as debt crisis deepens

Papandreou was in London, en-route to United Nations and IMF meetings, when he decided to turn back.

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Troubled Spain amends constitution to limit debt

Spain is struggling to recover from nearly two years of recession prompted largely by the collapse o...

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US will never default on debt: Biden

Chinese officials criticised the recent political row in the US over the recent downgrade of the cou...

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Three debt-ridden farmers end life in MP

Three debt-ridden farmers committed suicide in the last 24 hours in neighbouring Buldana district ...

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US a ‘parasite’ on the world economy: Putin

The US spends beyond its means and "lives like a parasite off the global economy", Russian PM said.

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Chinese media attack US over debt battle

Chinese media warned that lawmakers could depress the value of the dollar.

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US debt ceiling row: Obama appeals for compromise

Democrats and Republicans clashed over rival plans to slash spending and increase borrowing despite ...

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US House to hold symbolic debt vote today

Defying a White House veto threat, US lawmakers vote Tuesday on a "Tea Party"-backed plan requiring ...

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EU calls emergency meeting as crisis stalks Italy

European Council President Herman Van Rompuy has called an emergency meeting of top officials to dis...

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Obama, lawmakers still divided over debt deal

President Obama and lawmakers are due to again on Monday over the debt deal.

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Portugal unveils cabinet to fight debt crisis

Portugal`s new Prime Minister Pedro Passos Coelho unveiled a slimmed-down cabinet and appointed se...

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Greek PM reshuffle plan in doubt as deputies quit

A string of parliamentary resignations threw Greek PM`s plan to reshuffle cabinet into disarray.

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Obama warns on debt at Merkel talks

US President warned Europe`s debt crisis must not destabilize the global economy.

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Outstanding debts include period of AIADMK rule: Karuna

Hitting back at his archrival and AIADMK chief Jayalalithaa for her criticism on outstanding debts,...

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Amarinder pushed Punjab in debt trap: Sukhbir

Deputy CM Sukhbir Singh Badal mounted a fresh attack on the Congress over its charges that the Badal...

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Irish premier won`t quit over Ireland debt crisis

Cowen said he was confident of winning the secret-ballot vote.

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Farmer suicide in MP not due to debts: Mishra

Parliamentary Affairs Minister and Madhya Pradesh government spokesperson Narottam Mishra Tuesday sa...

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Sudan’s President offers to relieve south of debt

It appears to be a goodwill gesture from Omar al-Bashir toward the south.

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Pakistan owes $53 bn foreign debt

Pakistan is under the burden of more than $53 billion foreign debt despite the repayment of over $6 ...

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Kalawati`s debt-ridden son-in-law commits suicide

Son-in-law of Kalawati Bandurkar, a widow who became the face of farmers` distress in Congress lea...

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Kerala govt announces debt-relief to fishermen

Kerala govt announced a debt relief to the tune of Rs 254 crores to fishermen.

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Fans wary as Manchester United prepare to pay debt

Manchester United fan groups expressed concern on Tuesday after it emerged the club was set to pay o...

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Trinamool urges Centre to act on WB`s debt

Trinamool Congress on Wednesday demanded Centre`s intervention in West Bengal claiming the state`s ...

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Greek PM rules out any restructuring of national debt

Greek PM George Papandreou ruled out any restructuring of the country`s huge national debt.

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Greek protesters to confront thrifty government

Unions vow to hold rallies against possible new spending cuts by the govt.

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R-Infratel, GTL approve Rs 50k-cr deal

Anil Ambani group on Sunday announced a Rs 50,000-cr deal to merge its telecom tower business with G...

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Digamber Kamat

Goa was heading for a major debt trap due to excessive borrowings of the Congress-led government to ...

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Current o/s long-term debt $5 bn: AI

AI has current outstanding long-term debt of about $5bn and is considering several steps including s...

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Farmer commits suicide over Rs 16,000 debt in Amravati

Apparently frustrated over a debt of Rs 16,000, a farmer allegedly committed suicide by consuming ...

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US debt tops 13 trillion dollars for first time

US debt has reached 13 trillion dollars for the first time in history, the Treasury Department has s...

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Debt-ridden couple commits suicide in Agra

Burdened by huge debts, a businessman and his wife committed suicide in Chatta area here, police sai...

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Debt-ridden farmer ends life in Karimnagar

A debt-ridden farmer committed suicide by consuming insecticide in Kasaram village around 40 km fr...

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Debt ridden farmer, weaver commit suicide in AP

In two separate incidents a farmer and a weaver committed suicide in the district today to tide ov...

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Sarkozy, Merkel enter compromise to help debt-ridden Greece

French President Nicolas Sarkozy and German Chancellor Angela Merkel have agreed on a compromise to ...

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J&K govt`s outstanding debt goes up to Rs 16,471 crores

The state`s total outstanding debt has more than doubled to Rs 16,471 crore between 2001-02 and 20...

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US welcome Paris Club decision to cancel Afghan debt

The US has welcomed the Paris Club`s decision to cancel more than USD 1 billion in debt owed by Agha...

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Despite Rs.64,924 cr debt, Punjab says it is growing

Despite a debt touching Rs.64,924 crore, Punjab is moving closer to the national growth rate of 7.2 ...

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Orissa`s debt burden mounts to Rs 36,366 crore

Orissa government was contemplating to take a loan or Rs 4,463.84 crore this fiscal though the sta...

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Pachauri for focus on `natural debt` while forming policies

Noted environmentalist R K Pachauri on Monday advocated the need to focus on "natural debt" instea...

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US Senate calls for Haiti debt relief

The US Senate has unanimously approved a resolution calling for easing Haiti`s debt burden to help w...

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British PM hails G7 for dropping Haiti debt

British Prime Minister Gordon Brown on Saturday hailed a G7 decision to cancel bilateral debt with H...

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State debt to become `biggest problem`: IMF chief

IMF chief Dominique Strauss-Kahn said on Saturday that state debt will become the world`s biggest ec...

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Debt-ridden Lebanon sheikh stages his own abduction

A Lebanese sheikh staged his own kidnapping allegedly in a desperate bid to secure a ransom and re...

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