Monthly Archives: March 2021

Warren and Schumer Call for Student Debt Cancellation of Up to $ 50,000 for All Federal Borrowers

Senate Democrats Chuck Schumer and Elizabeth Warren are calling on President Trump to write off $ 50,000 in federal student loan debt next year. Senators unveiled a resolution that called on the president from 2021, whether former Vice President Joe Biden or current President Trump, to “take executive action to broadly write off federal debt student loans “as the country ...

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State Auditor’s Report Details Financial Woes in Parish Town of Allen

ALLEN PARISH, Louisiana (KALB) – The Legislative Auditor’s report released Monday details 18 findings for the town of Oberlin in Allen Parish. Some of the findings include violations of the Louisiana government’s budget law, failing to keep accurate information about utility payments for citizens, and failing to pay debts on time. The audit report states that “the City does not ...

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10 stocks to buy with low debt and high liquidity

Given the near-term economic uncertainty surrounding the COVID-19 outbreak, investors have shifted their focus from growth stocks to stocks that have the balance sheets and liquidity to weather the current downturn. Assuming the economy returns to normal at some point in the relatively near future, the name of the game by then might just be survival. Benzinga covers all angles ...

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Qiwi (NASDAQ: QIWI) has a rock solid balance sheet

Howard Marks put it well when he said that, rather than worrying about stock price volatility, “The possibility of permanent loss is the risk I worry about … and every investor practice that I know is worried. ” When we think about how risky a business is, we always like to look at its use of debt because debt overload ...

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Fenerbahce vs. beIN is Turkey’s high-stakes rivalry

Sarigul described the machinations in the Top Division as closer to WWE, the popular American wrestling franchise, where actions are frequently choreographed to elicit maximum reaction. “It’s entertainment,” Sarigul said. “You often go there for the drama and not for the football presented.” “When something is wrong,” he added, “you blame them”. But no one knows who “them” are. “ ...

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India Today Conclave: Amit Mitra defends Bengal growth model, accuses center of destroying federalism

West Bengal Finance Minister Amit Mitra at the India Today Conclave East 2021 session on “THE ECONOMIC AGENDA: Growth vs. Populism: The Bengal Model” accused the Center of destroying India’s federalist regime ” room by room “. He said the Center was damaging the structure of federalism in the country. “On the compensation of the GST, confidence is lost. The ...

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Why Debt is Critical to Your Financial Future

Here’s how using debt can help you grow your piggy bank. Image: Getty “Debt is a dirty word. Try to get away from it as much as possible ”. Have you ever heard this before? Well, you are not alone. Yet, contrary to common theory, debt is not always a bad thing. In fact, debt may well mean development. You ...

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Verona Pharma secures up to $ 30 million in debt financing from Silicon Valley Bank

Non-dilutive capital for more financial flexibility LONDON and RALEIGH, North Carolina, November 23, 2020 (GLOBE NEWSWIRE) – Verona Pharma plc (Nasdaq: VRNA) (“Verona Pharma” or the “Company”), a clinical-stage biopharmaceutical company focused on respiratory disease, announces that it has entered into a debt financing facility of up to $ 30 million (“Loan Facility”) with Silicon Valley Bank (“SVB”). The non-dilutive ...

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Blame austerity, not RBA for slow post-GFC growth

Ross Garnaut’s “Reset” makes another valuable contribution to the debate on Australia’s future after COVID-19. But in examining the past, he misjudges macro-politics in explaining what he calls the “Dog Days” of 2013-2019. It was fiscal austerity, not monetary policy, that held back growth during this period. Garnaut said monetary policy was too tight, missing the opportunity to reduce unemployment ...

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How Ron Kim became Andrew Cuomo’s archenemy

As a disgraceful New York Governor Andrew Cuomo scraped the depths of his political career, publicly apologizing for his mistreatment of women, Ron Kim rose through the ranks. Kim, a member of the New York State Assembly from Queens, got approval last week for months of pending legislation to deprive nursing homes of the statutory immunity they’ve been given. granted ...

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