New York Post
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The hidden ways debt gets more expensive — even when you’re making payments
Credit card APRs are at a record high — don't get fleeced.
"DEBT" · 총 190건
필터 보기현재 지수
50.3
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 82,601건을 분석한 결과, 뉴스 심리지수는 50.3(균형)입니다. 긍정 4,278건(5.2%)·중립 76,218건(92.3%)·부정 2,105건(2.5%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 14.8(중도 균형)입니다.
Credit card APRs are at a record high — don't get fleeced.
According to the finance minister, Nigeria is attracting strong interest from investors and development finance institutions as it considers options for refinancing existing debt and funding development projects. The post Nigeria receives multiple funding offers from investors, lenders — Minister appeared first on Premium Times Nigeria.
According to the minister, it is to support development projects amid improving investor confidence and rising crude oil prices. The post Nigeria eyes debt refinancing, fresh funding — Oyedele appeared first on Premium Times Nigeria.
The move is aimed at making Indian debt markets more attractive to overseas investors while helping shield the economy from the effects of the continuing Iran conflict.
(Atlantic) After scrapping an album and starting anew, Lizzo still sounds lost amid these weak genre-hopping songs. Perhaps the zeitgeist has simply left her behind Just over a year ago, Lizzo appeared on Saturday Night Live, announcing a new album called Love in Real Life in grandstanding style. Wielding an electric guitar, clad in a Trump-baiting T-shirt that read Tariffied, she performed its title track and two other new songs, Still Bad and Don’t Make Me Love U. As with her appearance earlier the same week on a late night talkshow – during which she ran into the audience to high-five fans who were yelling “we love you Lizzo!” – it looked very much like a defiant comeback, fit to drag her out of the controversy that erupted at the end of her hugely successful 2023 world tour. Three former backing dancers and a costume designer filed lawsuits against the singer alleging harassment and discrimination: damaging claims given how Lizzo’s songs have preached a message of inclusivity, body positivity and self-confidence. Some of the allegations were dismissed by a judge but others are ongoing; Lizzo has refused to settle out of court, saying: “I’m fighting the case because I know that it’s not true.” But the Love in Real Life single, a pivot towards rock that owed a little to Tom Petty’s American Girls – or the Strokes’ American Girls-indebted Last Nite if you prefer – failed to make the charts, a far cry from the period between 2018 and 2022 when Lizzo’s singles seemed to go multi-platinum as a matter of course. The same fate befell Still Bad, a track much more in the vein of her big hits, prompting a rethink. The album was pulled, Lizzo apparently taking control of her own destiny – “I need to do shit my way”. A mixtape that returned her more-or-less to where she started, before pop stardom came calling – punchy hip-hop, albeit tricked out with guest appearances from Doja Cat and SZA – appeared in its place: My Face Hurts from Smiling received mixed reviews and underwhelming streaming figures. Continue reading...
This is a representational image of budget papers. — Canva/File Budget 2026-2027 is here and debate is again revolving between these phrases: higher taxes, IMF conditions, circular debt, deficits, NFC and debt servicing. Yet despite IMF instructions of heavy taxation, Pakistan's...
EVERY June, Pakistan’s budget season follows a familiar pattern: business groups repeat their proposals for relief, the government defends its targets, and taxpayers prepare for additional burdens. Yet a more fundamental question is rarely asked — what is the budget ultimately meant to achieve, and does it reflect a clear long-term national purpose? In principle, the budget is the state’s main instrument for promoting growth, improving public services, reducing poverty and raising living standards. In Pakistan, however, it has increasingly come to resemble an accounting exercise: mobilise sufficient revenue to finance a growing state and meet fiscal benchmarks agreed with the IMF. The result is a lopsided process that remains focused on extracting more from those already within the tax net, while paying insufficient attention to the quality of public spending, the need to broaden the base, or the incentives required for investment, employment and productivity. The Tax Policy Office was expected to introduce a longer-term perspective to this debate, but that wider vision is still not evident. The burden continues to fall, predictably, on the formal economy. Corporations, salaried employees, entrepreneurs, exporters, documented businesses and investors remain the most visible and therefore the most easily taxed. What receives much less scrutiny is whether public spending is yielding meaningful improvements in citizens’ lives, particularly in a country where a large share of the population remains below the poverty line. Pakistan has absorbed much of the fiscal cost of devolution without fully realising its potential efficiency gains. This distortion has become more pronounced since the 18th Constitutional Amendment altered Pakistan’s fiscal structure. Health, education, labour welfare and other social services were devolved to the provinces, which now receive a substantial share of national revenues through the National Finance Commission Award. The logic was straightforward: provinces, being closer to citizens, would deliver services more effectively, while the federal government would gradually withdraw from devolved functions and reduce its own size and cost. That second part of the arrangement, however, remains largely unfulfilled. More than a decade later, successive governments have shown limited willingness to undertake the constitutional, administrative and institutional reforms required to right-size the federation. Pakistan has, therefore, absorbed much of the fiscal cost of devolution without fully realising its potential efficiency gains. The results are plain: weak learning, poor healthcare access, child malnutrition, low productivity, millions of children out of school, under-equipped hospitals, inadequate skills training and persistently low female labour-force participation. Yet, even against this backdrop, the provinces are expected to post a combined budget surplus of roughly Rs1.6 trillion. This surplus forms part of the consolidated fiscal framework that enables Pakistan to meet primary surplus targets under the IMF programme. Fiscal discipline is necessary; Pakistan’s record on deficits and debt leaves little room for complacency. But every rupee retained as surplus is also a rupee not directed towards schools, hospitals, technical training and local services. The balance appears to have shifted too far towards meeting accounting targets and too little towards building human capital. The irony is that while existing taxpayers are repeatedly told there is little room for relief, substantial untapped capacity exists elsewhere. Agriculture contributes nearly a quarter of GDP but remains lightly taxed, while property taxation is among the weakest in the region. Large agricultural and urban wealth holdings generate limited recurring revenue because assessment remains weak, enforcement uneven and valuations often disconnected from market reality. Since provinces have constitutional authority over agricultural income and property taxes, meaningful reform in these areas could broaden the base, improve fairness and reduce the state’s dependence on taxing the same formal businesses and individuals year after year. It would also help strengthen the sense that the fiscal burden is being shared more equitably. The next budget should therefore reset fiscal priorities. Rather than treating compliant taxpayers as an inexhaustible source of revenue, policymakers should present a credible path towards relief for documented economic activity: lower excessive tax rates on salaried employees, entrepreneurs and businesses, phase out the Super Tax, remove distortionary levies, reduce cascading taxation and bring greater predictability to policy. Better incentives would support investment, exports, formalisation and job creation — the key objectives of fiscal policy. But relief must be matched by credible efforts to broaden the tax base, improve spending efficiency and mobilise provincial revenues from agriculture and property. Fiscal sustainability cannot rest indefinitely on squeezing a shrinking pool of compliant taxpayers. Provinces, meanwhile, should be judged less by the size of their surpluses than by measurable gains in education, healthcare, skills, productivity and poverty reduction. Pakistan’s fiscal debate remains confined to the narrow question of how to raise more revenue. The more important issue is how public finances can create opportunity, improve living standards and support durable growth. A budget should be more than a balancing exercise between revenue and expenditure; it should also reflect a willingness to reform the structure of the state itself. Unless Pakistan completes the unfinished agenda of devolution, broadens the tax base and channels provincial resources towards human development, it may strive to meet fiscal targets without delivering the broader prosperity its citizens are entitled to expect. The writer is a former CEO of Unilever Pakistan and of the Pakistan Business Council Published in Dawn, June 5th, 2026
KUALA LUMPUR, June 5 — Majlis Amanah Rakyat (MARA) will continue taking loan defaulters to court as the agency gra...
The UDF government white paper on Kerala's fiscal position shows rising debt, revenue deficits, and challenges with KIIFB projects.
When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The removal of a long-serving head of state is almost always followed by economic chaos. Following the removal of Saddam Hussein, Iraq’s oil production fell by 36%, and its economy shrank by almost a quarter. But Venezuela, against considerable odds, has avoided that fate. President Delcy Rodríguez has stabilized the home front while reopening the country’s oil industry to American capital at a rapid rate. But…
The head of state stressed that Russia's national debt was 15.6%
Social Security back pay comes with special protections, but unpaid debt can still create risks in some situations.
Argentina’s Central Bank has surpassed its US$10-billion target for dollar purchases, fuelled by a record crop harvest, an energy boom and a surge in debt issuance by provinces and local companies. Leer más
Bessent vowed, "the senior citizen does not not pay more taxes and the senior citizen does not get less benefits." Meanwhile the trust fund is going broke.
Gov. Ron DeSantis (R-FL) warned Wednesday that a pending debt crisis promises to hold sweeping repercussions for citizens of every political stripe, pushing the public to embrace a proposed bipartisan solution. The Florida governor has long pushed for adding a balanced-budget amendment to the Constitution as a solution to the $39 trillion national debt, which […]
He says Satheesan had repeatedly claimed that the State's public debt had touched ₹6 lakh crore, despite the clarification by the then govt. But the White Paper estimates Kerala’s outstanding liabilities at ₹5.07 lakh crore, debunking Satheesan’s claim
The rupiah's depreciation beyond Rp18,000 per US dollar has not disrupted the government's ability to service ...
The Trump administration is pulling back federal student loans for cosmetology schools — and it’s a great opportunity for states to stop forcing aspiring beauticians to take on debt just to practice their trade. Under the administration’s proposed “Do No Harm” rule, colleges and trade schools can no longer enroll pupils using federal student loans […]
Russia’s external debt currently stands at 10% and will soon be fully repaid, Russian Finance Minister Anton Siluanov said