Debt

According to Truth in Accounting’s July 2021 review, Chicago has once again received a failing grade on its overall financial health, which worsened throughout the pandemic despite federal aid. To cover all of the city’s expenses, each Chicago taxpayer would need to write a check for $43,700, according to the estimate for fiscal year 2020. […]

It’s difficult to gain a complete picture of Dubai’s financial status due to a lack of statistics. Credit rating agencies do not evaluate its sovereign bonds, therefore the city state has primarily relied on private placements and bilateral loans to raise funds. According to estimations by research firms and ratings agencies, the government’s debt levels

For more than a decade, Eskom has imposed power cutbacks in Africa’s most industrialised nation, stifling economic growth and deterring investment. It owes about 400 billion rand ($25 billion) in debt, which it pays off with government bailouts. How much debt does Eskom have? Eskom’s total debt is currently R401.8 billion. Its gearing ratio went

Haiti’s national debt was estimated to be around 3.13 billion dollars in 2020. Who Does Haiti owe money to? Much of this debt to France stemmed from what University of Virginia researcher Marlene Daut refers to as “history’s greatest heist”: a newly independent Haiti was obliged to pay reparations to its slaveholders while encircled by

Is the national debt important? Is this a sign of financial security? Not all of the time. According to the IMF database, there is only one “debt-free” country. The relatively low national debt of many countries could be owing to a failure to present true data to the IMF. Another situation in which a low

Knowing how much you owe is the first step toward creating a debt repayment strategy. Unfortunately, when you have a variety of debts, it can be difficult to keep track of them all. The good news is that calculating your total debt balance is fairly simple. All you have to do is follow these five

According to the latest recent data from the US Department of Education, about 42.9 million Americans hold federal student loans. According to census data, nearly one in every eight (12.9 percent) adults in the United States has student loan debt. What percentage of college students are in debt? Student loan debt is now the second

Apple filed a preliminary filing with the Securities and Exchange Commission on Thursday for a four-part debt offering that will comprise notes with maturities of 7, 10, 30, and 40 years. The size and timing of the offering were not disclosed by the corporation. Apple (AAPL) currently owes $113.8 billion in long-term debt, including current

According to the latest recent data from the US Department of Education, about 42.9 million Americans hold federal student loans. According to census data, nearly one in every eight (12.9 percent) adults in the United States has student loan debt. How many students go into debt after college? Highlights from the report In the United

While New York has the most per capita government debt in the US ($18,411), California, the most populated state, has the highest total debt ($507 billion). New York With a total debt of nearly $203.77 billion, New York is the most indebted state in the US. New York’s total assets are estimated to be around