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Tag: Debt

Consumer Sentiment Dips and President Announces More Student Debt Cancellations

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Anger mounts as China's property debt crisis leaves flats unfinished

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more about China’s property: https://sc.mp/c9jj Dozens of homebuyers in Tongchuan, a city in northwestern China’s Shaanxi province, are demanding police action as the presale flats they bought years ago remain unfinished shells. The so-called “rotting” or unfinished homes in China have become more common since a property slump in 2021, which has seen some property…

Putin promises grains, debt write-off as Russia seeks Africa allies

The head of the African Union is urging Russia to renew the deal which allowed Ukraine to safely export grain to Africa. AU chair and Comoros President Azali Assoumani spoke during the final day of the Russia-Africa summit in Saint Petersburg. He also called for a ceasefire in Ukraine. Al Jazeera’s Ali Hashem reports from St Petersburg, Russia. – Subscribe to our channel: http://aje.io/AJSubscribe –…

Africa debt relief: Putin makes announcement at final day of summit

Russian President Vladimir Putin has told leaders from African states meeting in St. Petersburg, Moscow is forgiving 23-billion-dollars of debt owed by them. Putin is also promising to maintain grain supplies to the continent and to increase Russia’s diplomatic presence. He’s blaming the West for high food prices and inflation after printing money during the pandemic. Putin says the global economic system is going through…

Biden cancels $39B in student loan debt

Chicago Federal Reserve President Austin Goolsbee says President Biden’s new student debt relief plan will not affect inflation or unemployment rates. #foxnews Subscribe to Fox News! https://bit.ly/2vBUvAS Watch more Fox News Video: http://video.foxnews.com Watch Fox News Channel Live: http://www.foxnewsgo.com/ FOX News Channel (FNC) is a 24-hour all-encompassing news service delivering breaking news as well as political and business news. The number one network in cable,…

Biden touts debt ceiling deal, tells nation 'crisis averted' | USA TODAY

President Joe Biden addressed the nation after the Congress passed the debt ceiling deal, and said “we averted an economic crisis.” RELATED: What happens if the US hits the debt ceiling? Here’s what we know t.ly/sPoJ Democracy only functions through compromise, President Joe Biden said Friday as he praised House Speaker Kevin McCarthy, R-Calif., for their joint agreement to suspend the debt limit and reduce…

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