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By , on June 6th, 2013 <!– google_ad_section_start –> The rapid departure from the Executive Council of Barry Cheung Chun-yuen threw up more questions than answers about how the troubled policymaking body operates. After he quit last month amid police investigations into his failed Hong Kong Mercantile Exchange (HKMEx), many were left wondering if Exco’s rules on declarations of interest by members should be extended beyond assets to cover liabilities. <!– google_ad_section_end –>
Continue reading Call for Exco members to declare their liabilities
By , on May 30th, 2013 
University tuition fees in England should be means-tested to allow poorer students to pay less, an education charity has urged.
Continue reading Means-test degree fees, says charity
By By LIZ ALDERMAN, on May 22nd, 2013 In Greece, the perils of a drawn-out debt crisis are imprinted on its younger population — whose unemployment numbers are soaring — who turn to selling their bodies for money and to a dangerous, cheap new street drug for escape.
Continue reading Lens Blog: Angelos Tzortzinis’s Photos of Growing Desperation in Greece
By By JESSICA SILVER-GREENBERG, on April 27th, 2013 Pension advances, federal and state authorities say, are carefully disguised loans that carry interest rates that are often many times higher than those on credit cards.
Continue reading A Vulnerable Age: Pension Loans Drive Retirees Into More Debt
By Justin Green, on April 18th, 2013 The Washington Post's Zachary Goldfarb writes that the real debt crisis hurting America is that of underwater mortgages putting a drag on American growth:
Continue reading We’re Worried About the Wrong Debt Crisis
By By TAMAR LEWIN, on April 9th, 2013 On Tuesday, student advocacy groups are releasing an issue brief charging that the government should not profit from loans, while more and more students bear a crushing debt burden.
Continue reading Student Loan Rate Set to Rise, Despite Lack of Support
By David Frum, on April 4th, 2013 Anders Aslund at the Peterson Institute is one of the world's leading experts on the collapse of the planned Soviet economy. If there is anybody who understands why socialism must fail, it is he. So please listen when he explains that the Eurozone crisis is a financial crisis, not a crisis of too much welfare, too much public spending, or too much debt:
Continue reading What the Eurozone Crisis is all About
By Misty White Sidell, on March 11th, 2013 Getting paid with clothes instead of cash has sunk many girls deep into debt, reports Misty White Sidell.
Continue reading The Crazy Way Models Get Paid
By By JONATHAN WEISMAN, on March 6th, 2013 The work holds little promise of resolving the federal debt or partisan divide, but it will look more like regular business and less like a crisis.
Continue reading Congress Ready to Start Work on Budget
By Ilana Glazer, on March 1st, 2013 A new report released by the New York Federal Reserve reveals total student loan debt is approaching $1 trillion. This figure amounts to a 70% increase in both the number and size of loans per student in the past 8 years.
Continue reading The University of Debt
By , on February 25th, 2013 <!– google_ad_section_start –> A local delegate to the nation’s top advisory body has been drawn into a 700 million yuan (HK$870 million) legal challenge by his former business partner. Businessman Hsu Ming-chi yesterday filed a writ of summons to the High Court against seven defendants, including Lam Shu-chit, a local delegate to the Chinese People’s Political Consultative Conference. Lam has been hotly tipped to be promoted to the CPPCC standing committee in next month’s annual session. <!– google_ad_section_end –>
Continue reading CPPCC local delegate Lam Shu-chit sued
By , on February 21st, 2013 <!– google_ad_section_start –> A Chinese businessman appeared in a British court yesterday charged with the killing of a Chinese family after being extradited from Morocco.Du Anxiang, 54, appeared at Northampton Magistrates Court a day after being flown from Casablanca to London. <!– google_ad_section_end –>
Continue reading Morocco extradites Chinese suspect in UK killing of Chinese family
By By ROBBIE BROWN, on February 14th, 2013 In a debt-reducing effort, the Republican-controlled legislature voted to cut maximum weekly benefits to $350 from $535, a 35 percent drop.
Continue reading North Carolina Approves Benefit Cuts for Unemployed
By By RON NIXON, on February 8th, 2013 The agency, which announced an end to Saturday service this week, is waiting for Congressional action to address its mounting debt.
Continue reading Postal Service Posts Loss of $1.3 Billion in First Quarter
By By ETHAN BRONNER, on January 31st, 2013 Applications are headed for a 30-year low, reflecting increased concern over soaring tuition, crushing student debt and diminishing prospects of lucrative employment upon graduation.
Continue reading Law Schools’ Applications Fall as Costs Rise and Jobs Are Cut
By , on January 28th, 2013 <!– google_ad_section_start –> The bank’s Washington headquarters said on Sunday that the Japan Bank for International Co-operation, the country’s overseas development bank, would provide a bridge loan to Myanmar to cover outstanding debt to the World Bank and the Asian Development Bank (ADB), which totals about US$900 million. <!– google_ad_section_end –>
Continue reading Myanmar gets Japan loan to pay old debts
By By JONATHAN WEISMAN, on January 28th, 2013 Representative Eric Cantor is reasserting himself in the House after Republican election losses, with plans to unveil softer proposals beyond reining in the debt.
Continue reading Eric Cantor, the G.O.P. Majority Leader, Looks Beyond Debt
By By JOHN ELIGON, on January 28th, 2013 Swamped by uninsured laborers in dangerous jobs, medical facilities in North Dakota are sinking under skyrocketing debt, gruesome injuries and bloated business costs.
Continue reading Boom in North Dakota Weighs Heavily on Health Care
By , on January 23rd, 2013 <!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets fell Wednesday ahead of a U.S. vote on raising the nation’s borrowing limit. Analysts said that stock markets have room for gains if U.S. lawmakers make progress on raising the debt ceiling. The House is set to vote on a motion to increase the nation’s $16.4 trillion borrowing authority for three months. Without congressional action, the Treasury sometime in late February or early March will not have enough money to pay for all of its obligations, creating the possibility of a first-ever default on the government’s debts. <!– google_ad_section_end –>
Continue reading Asia stocks fall ahead of US debt ceiling vote
By , on January 23rd, 2013 <!– google_ad_section_start –> A measure to extend the US debt limit for nearly four months moved closer on Tuesday to a vote and the White House said the president would sign the bill if it cleared Congress, easing uncertainty that could have threatened the US economy. The debt limit “suspension,” which would allow the government to borrow money until May 19, is due to come to a vote in the Republican-controlled House of Representatives on Wednesday without amendments. <!– google_ad_section_end –>
Continue reading US debt limit vote set for Wednesday; Obama likely to sign
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Call for Exco members to declare their liabilities
<!– google_ad_section_start –> The rapid departure from the Executive Council of Barry Cheung Chun-yuen threw up more questions than answers about how the troubled policymaking body operates. After he quit last month amid police investigations into his failed Hong Kong Mercantile Exchange (HKMEx), many were left wondering if Exco’s rules on declarations of interest by members should be extended beyond assets to cover liabilities. <!– google_ad_section_end –>
Continue reading Call for Exco members to declare their liabilities
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