Foreign debt repayments: Govt faces double whammy
The government will face two types of pressure regarding foreign loans in the upcoming fiscal year — firstly, it will have to pay a higher amount in interest and principal repayments and secondly, due to the increase in foreign loan interest rates and the depreciation of the currency, the government will have to pay an […]
Dry Cleaners and Debt Management (Part 2)
CHICAGO — Effective borrowing practices can help businesses like dry cleaning companies get up on their feet, purchase new equipment when necessary and take advantage of situations, such as buying out a competitor, when they arise. With such a powerful tool, however, comes dangers that can damage or destroy the business if caution is not […]
Is MonotaRO (TSE:3064) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ So it might be obvious that you need to consider debt, when you think about how risky any given stock is, because too much […]
Big debtors’ list out next month
[Intime] The tax administration and the Social Security Debt Collection Center will be sending notices to those owing over 150,000 euros in the next few days, calling on the debtors to the state and insurance… View the full article to continue reading…
Tanarra Capital taps super funds for new debt product
The John Wylie-backed investment firm says its new product armed with funding from rich families and super funds will allow companies to hit their net zero ambitions. Geologist Ian Plimer warns Western net zero cannot be imposed onto poor countries, dubbing it “green murder”. The United States and Kenya launched a Climate and Clean Energy […]
Tanarra Capital, John Wylie taps super funds for new debt product
The John Wylie-backed Tanarra Capital has launched a $1bn fund which promises high single-digit returns by tapping into superannuation funds’ and family offices’ demand for long dated debt. Tanarra Capital has tapped Violeta Kelly to lead the new offering as head of long-term debt and debt advisory after joining in April from investment bank Grant […]
Dealing with debt shame – ABC listen
Annie Guest: One indicator of how the economy is tracking can be seen in calls to the National Debt Helpline. It’s just had a month of a record number of calls, many from small business owners. And there’s concern shame and a lack of trust stops many indebted Australians asking their banks for help. Jon […]
Data breach at debt collector affects more than 3.2 million people
Debt collection agency Financial Business and Consumer Solutions (FBCS) recently said that a February data breach it disclosed in April has affected more people than previously known, with the latest victim tally reaching 3,226,631 people. The disclosure came in the form of a notification to the Maine attorney general last week. The company, headquartered in […]
Debt Collector Data Breach Exposes Data on 3 Million+ Americans – PCMag AU
US debt collection company Financial Business and Consumer Solutions (FBCS) has experienced a data breach, exposing the information of more than 3.2 million Americans. Threat actors accessed FBCS’ systems on Valentine’s Day, but the company didn’t realize the breach had occurred until Feb. 26. In a public notice, FBCS describes the incident as “unauthorized access […]
Debt Collector Data Breach Exposes Data on 3 Million+ Americans – PCMag UK
US debt collection company Financial Business and Consumer Solutions (FBCS) has experienced a data breach, exposing the information of more than 3.2 million Americans. Threat actors accessed FBCS’ systems on Valentine’s Day, but the company didn’t realize the breach had occurred until Feb. 26. In a public notice, FBCS describes the incident as “unauthorized access […]