Russia is teetering on the brink of its first foreign-currency bond default since the aftermath of the Bolshevik revolution in 1918. The government faces two
Tag: Debt
Russia’s Stock Market Remains Closed for 3rd Week, Debt Deadline Looms
Russia’s stock market will remain closed for a third straight week, the central bank said over the weekend. The MOEX, which tumbled 33% the day
JPMorgan Is Removing Russian Debt From Its Key Bond Indices
Russian debt will be removed from the world’s most widely used emerging-market bond indices run by JPMorgan. Both Russia and ally Belarus will be excluded from
$20,000 in College Debt ‘Might As Well Be $20 Million’ for Min. Wage Workers
Sen. Elizabeth Warren called on Biden to cancel student debt after he extended the payment pause again. “The pause has given people a chance,” the
36% of US Millennials Say Student Loan Debt Prevents Home Ownership
Americans owe about $1.75 trillion in student loans, according to data from the Federal Reserve. Millennials owe an average of $38,877 in student loan debt,
Meet a First-Generation College Grad With $250,000 in Student Debt
When Juan Antonio Sorto moved to America at age six, he began learning that education was the path to the American Dream. To achieve that
2.6 Million Student-Loan Borrowers Could Get Rid of Debt Via Bankruptcy: Report
Private student debt isn’t defined in the bankruptcy code, making terms for cancellation confusing. The Student Borrower Protection Center found 2.6M borrowers could be eligible
$50B of Student Debt Could Be Entitled to Cancellation in Bankruptcy
Judges have changed their reading of how private student debt should be treated in bankruptcy. The report by the Student Borrower Protection Center is the
