While 2009 was an exceptional year for investors in equities and gold, 2010 could be much subdued. Returns from debt instruments, though, are likely to improve.
French public debt hits record (Malaysian Mirror)
December 30, 2009 By
PARIS – France’s public debt soared to a record 75.8 percent of output in the third quarter, official figures showed Wednesday, a week after Paris got a warning on its credit standing. Read more…
French public debt hits record (AFP via Yahoo! News)
December 30, 2009 By
France’s public debt soared to a record 75.8 percent of output in the third quarter, official figures showed Wednesday, a week after Paris got a warning on its credit standing.
Prisa Debt Talks With Banks Are ‘Very Advanced’ (Update2) (Bloomberg)
December 21, 2009 By
Dec. 21 (Bloomberg) — Promotora de Informaciones SA , Spain’s largest media group, said talks to refinance about 5 billion euros ($7.2 billion) of debt are “very advanced” after it completed a plan to sell assets.
Governor Recommends Broad Cuts, Consolidation (Fenceviewer)
December 21, 2009 By
AUGUSTA — Calling for further consolidation of both municipal and state services, Governor John Baldacci on Friday proposed a supplemental budget to close a $438-million gap in the state’s general fund.
EU ready to help Greece in debt consolidation: Almunia (People’s Daily)
December 10, 2009 By
European Union top economic official said that the EU is ready to help Greece in consolidation and reform programs to head off concerns triggered by the sovereign credit rating decline by rating agency Fitch. “We take note of the fact that the sustainability of public finances in Greece draws the attention of financial markets and rating agencies,” Economic and Monetary Affairs Commissioner …
The Holidays & Credit Cards — Consumers Need Be Cautious When Gift Shopping, Advises Total Debt Relief (Marketwire)
December 1, 2009 By
The Holidays Can Be a Time for Family, Friends, Gift-Giving and Avoiding Credit Card Debt
Putin Seeks Consolidation For Petrochemicals Sector (St. Petersburg Times)
November 19, 2009 By
MOSCOW — The government will encourage consolidation in the petrochemicals industry because it is too fragmented to become globally competitive, Prime Minister Vladimir Putin said late Tuesday, Reuters reported.
OECD urges action as Britain’s debt mounts (AFP via Yahoo! News)
November 19, 2009 By
The OECD urged action on Thursday as new data showed Britain plunging ever deeper into debt, one day after Prime Minister Gordon Brown pledged a new law to fix public finances.
