SAN JUAN, Puerto Rico (AP) U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis. Trump issued a Twitter blast aimed at efforts to help the island cover…
The Turnbull government will help fund inland rail and is almost certain to build, own and operate the $6 billion second Sydney airport, after Treasurer Scott Morrison paved the way for an infrastructure splurge by changing the way debt will be classified in the budget. Prime Minister Malcolm Turnbull all but confirmed that so-called “good…
My mother recently received a bill from a medical collection agency for lab work performed at a hospital 200 miles from her home that she has never visited. In the end after several phone calls and a lengthy complaint letter the debt was identified as a free, at-home, mail-in screening she had been provided by…
Guidebooks for managers the world over dispense oodles of tips on how to run a slick and efficient machine foremost among them is the old adage “if you can’t measure it, you can’t manage it”. As he grapples with Government debt, Scott Morrison is re-writing the rulebook. He can measure debt, down to the…
By Renee Maltezou and Lefteris Papadimas | ATHENS Greece’s prime minister held out for a commitment from lenders to debt relief on Tuesday, and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a May 22 target. Talks over reforms in the energy and labor market…
ATHENS (Reuters) European Commission President Jean-Claude Juncker urged euro zone countries to draw up more debt relief measures for Greece next month, saying Athens needed help after making huge progress in its economic reforms. Euro zone finance ministers will meet in Brussels on May 22 to discuss progress made in talks to conclude Greeces crucial…
Greeces next dollop of bailout money is caught in an international dispute with no clear resolution. The heavily indebted Mediterranean nation needs the next installment of about 7 billion euros ($7.6 billion) to repay lenders in a few months, but some euro-area governments, notably Germany, refuse to supply more money until the International Monetary Fund comes on…
President Trump campaigned on a promise to help the forgotten men and women of America, the millions of Americans who have lost good jobs, have seen their wages stagnate, and who are drowning in debt. His proposals for tax reform and tax cuts, infrastructure investments, and regulatory relief will help restore economic growth in the…
A Perth-founded online flower seller facing hundreds of thousands of dollars in payment claims from florists across Australia and overseas has been put into administration. The Hegarty familys Ready Flowers business has over the past decade also been a subject of customer claims of late deliveries or poor-quality products. Ready Flowers takes orders online and…
By Renee Maltezou and Lefteris Papadimas | ATHENS ATHENS Greece’s prime minister held out for a commitment from lenders to debt relief on Tuesday, and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a May 22 target. Talks over reforms in the energy and labor…