Sentences Generator
And
Your saved sentences

No sentences have been saved yet

974 Sentences With "default on"

How to use default on in a sentence? Find typical usage patterns (collocations)/phrases/context for "default on" and check conjugation/comparative form for "default on". Mastering all the usages of "default on" from sentence examples published by news publications.

type: All Declarative Interrogative Exclamative

structure: All Simple Compound Complex Compound-Complex

length: All <=10 words 10-20 words 20-30 words 30-50 words

The consequence of a default on a PLUS loan – like default on any government debt – is dire.
WIND's debt is non-recourse to VimpelCom and WIND's default on its obligations will not trigger a cross-default on VimpelCom's debt.
Dalian Machine Tool was put in technical default on the bills after a default on a separate debt agreement triggered a cross-default provision.
What Does It Mean To Default On Your Student Loans?
TRUMP: NO, YOU'RE NOT GOING TO DEFAULT ON THAT DEBT.
Auto brightness is on by default on most Android systems.
Some investors already believe CHS could default on its debt.
Some doctors would default on their mortgages and student loans.
If they fail, the government could default on its debt.
Venezuela is in default on almost all its foreign bonds.
It's possible Apollo wants GateHouse to default on its loan.
Why does chocolate have to be the default on Valentine's Day?
The costs of default, on the other hand, are somewhat fixed.
Microsoft is finally making IP addresses hidden by default on Skype.
Credit default swaps are insurance against a default on corporate bonds.
That's probably why so many borrowers default on their auto loans.
It faces default on a $2 billion payment on July 1.
If they fail, the US government could default on its debt.
In September 123, Apple made disk encryption the default on iPhone.
Financial institutions are bracing for more companies to default on debt.
It is in default on $6 billion in interest and principle.
In the extreme, the U.S. could default on its debt obligations.
As far as I'm concerned, they're in default on their pledge.
Extremely high borrowing costs could force Italy to default on its debt.
That triggered a currency collapse and a default on Mozambique's sovereign debt.
"If you default on the agreement, the IRS is not too forgiving."
Often emerging-market sovereigns default on their duty to protect human rights.
It also substantially led to the largest sovereign debt default on record.
That could mean default on our bonds if interest payments were missed.
Last year I made the difficult decision to default on the debt.
More than 3,000 people default on their federal student loans every day.
If it doesn't, the United States could default on its debt payments.
Though just six out of every 100 BA holders default on their loans, black borrowers are much more likely to default: 21% of them default on their loans compared to just 4% of white grads, according to Brookings.
Worse, banks suffer large losses when households and businesses default on their debt.
Black students default on their loans at dramatically higher rates than white borrowers.
Launching the country's career with a default on foreign debts would be disastrous.
Borrowers with lower debt balances are more likely to default on their loans.
Android Messages will be the default on many (but not all) Android phones.
The device will auto-adjust color settings like the default on a handset.
The dispute stems from Argentina's default on $100 billion in bonds in 2002.
"Everybody thought that nobody was going to default on their mortgages," Dimler said.
A default on the debt due Friday would have worsened PDVSA's deteriorating situation.
If that point is reached, the United States would default on its obligations.
Its landlords almost certainly don't want to see it default on its rents.
Meanwhile, the Highways Authority — flirting with default on its debt — privatized the expressway.
The asset sales are key to avoid an immediate default on its debt.
Investors are concerned a populist government could default on the country's sovereign debt.
The main risk: Default on the loan and you could lose your home.
India's large corporations regularly default on debt with nary a peep from authorities.
It wasn't only the not-­insignificant risk that Trump would default on loans.
However, Debt Collective members say they're not recommending borrowers default on their loans.
It controls the peso, and it will never default on peso-denominated bonds.
Effectively, that amounted to a threat to default on payments to U.S. creditors.
After Reuters reported on the legal dispute in August, credit ratings agency Fitch placed TV Azteca on "negative watch," warning that a default on the loan from American Tower could lead to default on other loans under "cross-default" clauses.
Fitch views the likelihood of default on any given senior unsecured obligation as the same as the likelihood of default of the society, because default on senior unsecured obligations would be treated by Fitch as a default of the entity.
By 2023, its projected that 40% of borrowers may default on their student loans.
More Chinese companies could default on their debts issued in U.S. dollars, experts warn.
The Malaysian fund did not foresee any cross default on its other remaining debt.
However, its publication came in time to prevent default on Valeant's $30bn of debt.
For-profit students are also more likely to default on their loans later on.
Microsoft is building its own Chromium browser to replace the default on Windows 10.
Although default on local-currency bonds is never technically necessary, is it nonetheless possible?
I understand why Windows 10 S is the default on these low-end systems.
Self-destruct is the default on Confide, a messaging app predicated on ephemeral messaging.
On average, more than 3,000 borrowers default on their federal student loans every day.
We need to know if Cersei is going to default on the debt ceiling!
The very first Chinese bond default on record happened three years ago in 2014.
If the borrowing limit is not raised, the Treasury could default on debt payments.
Puerto Rico appears likely to default on a $63 million debt payment on Monday.
TraceViewer, installed by default on North Korean phones, takes random screenshots of users' devices.
This happens because inline playback support is still disabled by default on web views.
Some 40 percent of borrowers are expected to default on their loans by 2023.
There is essentially no chance that the US government will default on these obligations.
"This system makes it virtually impossible to default on your student loans," Safier said.
The island faces a default on $2 billion of debt payments on July 1.
At worst, the United States could default on its debt, potentially triggering an economic crash.
That's true by default on iOS, and available on Android at Settings > Security > Encrypt Device.
A record 8.5 million people are now in default on their loans, department data showed.
The government dare not default on the country's $110bn debt, lest creditors seize oil shipments.
The island was set to default on a $389 million debt payment to bondholders Monday.
He declared a partial default on Peru's foreign debt and spent public money like confetti.
We have to fund the government and make sure we don't default on our obligations.
Lenders use that number to determine how likely borrowers are to default on their loan.
There has been no technical default on any of Future Land's offshore loans and bonds.
Investors fear that low oil prices will force energy companies to default on their debts.
But every year, one million people default on their student loans for the first time.
Venezuela is facing a default on its debt in the fourth quarter of this year.
A country with too high a debt ratio may default on its foreign-currency obligations.
It would, of course, be ludicrous for the U.S. government to default on the debt.
The announcement also raises concern that the oil-rich country could default on its debt.
The bank does appear to be preparing for more people to default on their loans.
The move and its fallout led Argentina to default on its debt again in 2014.
Dropouts are almost three times as likely to default on their loans as graduates are.
"It will help us better predict the risk of default on a loan," she said.
To stay safe, the company encourages users to disable macros by default on Office documents.
At the end of 2016, 4.2 million people were in default on federal student loans.
Borrowers default on those loans by failing to make a payment for roughly a year.
A country that prints its own money has no need to default on its debt.
Icahn expects shopping malls and others in commercial real estate will default on these loans.
These struggles have caused hospitals to default on bond agreements, and scramble to stabilize finances.
Italy would likely default on its debts, and its replacement currency would be greatly devalued.
The firm blamed the potential default on problems in its shipbuilding business, among other reasons.
Historically, those with more student debt have been less likely to default on their loans.
The deal, for $22018 million, enabled Mr. Trump to escape a default on his loans.
In time, nearly 90 percent of Florida's municipalities were compelled to default on their bonds.
By 2023, nearly 40 percent of borrowers are expected to default on their student loans.
Therefore, substantial holding company debt reduces the likelihood of default on operating company senior obligations.
Businesses do not know if other businesses will default on payments for goods and services.
You can set Spotify as the default on both Alexa and the Google Assistant (and Bixby!).
In May, Kolomoisky told the Financial Times that Ukraine should simply default on its foreign debt.
The Malaysian fund also said there would be no cross-default on its other remaining debt.
The number of those who default on their loans is projected to hit 38% by 2023.
Just like Microsoft, Apple has turned on disk encryption by default on Mac computers and laptops.
The company said on Tuesday that it had defaulted or may default on other debt agreements.
As with all debt obligations, consider the possibility that the issuer could default on the bond.
Next, credit reporting agencies should change the default on access to credit reports by third parties.
Banks claim they would own the Braskem stake if Odebrecht were to default on the loans.
It froze debt payments, so Puerto Rico could default on $2 billion since PROMESA was signed.
You can now use Amazon's Alexa instead of Google Assistant by default on your Android phone.
This mishandling substantially heightens the likelihood that Turkey will soon default on its external debt mountain.
They can, also use data to evaluate whether someone is likely to default on a loan.
The economic crisis has sparked fears that major U.S. air carriers may default on their debt.
Investors increasingly expect a default on the eurobond payment of $1.2 billion due on March 9.
Borrowers who default on their federal loans can use a process called rehabilitation to dig out.
Failing to raise the borrowing limit ultimately could cause the U.S. to default on debt payments.
Predictive text, a feature turned on by default on the Samsung Galaxy S10, can be helpful.
The legal battle for payment has raged since Argentina's 2001 default on some $100 billion of debt.
He stresses that under a re-elected Ms Fernández, Argentina would not default on its international debts.
The bond ratings reflect the vulnerability of default on the bank's senior obligations within Taiwan's national scale.
The filing allayed concerns about a possible default on the company's debt of more than $30 billion.
Google cannot trust that its assistant will be the default on all devices in the Android ecosystem.
Now in partial default on its bonds, Venezuela produces less oil than it did in the 1950s.
Alejandro García Padilla said last week that the island would default on nearly $174 million of payments.
"Anybody can come into your house, default on a contract and the police does nothing," he said.
Source: NextAdvisor Do you have an account in collections or a loan default on your credit reports?
In 2014, she was slapped with a default on the home after falling $100k behind in payments.
The markets believe this: the cost of insuring against default on government bonds has dropped (see chart).
The restructuring stems from Triunfo's default on an 800 million-real ($256 million) loan late last year.
If the government were to default on its legal obligations, markets and the economy likely would suffer.
INVESTORS have long seen a default on Venezuelan sovereign debt as a question of when, not if.
The island is expected to default on a debt payment due on May 1 without congressional assistance.
Any sort of default on U.S. debt would damage that ability and markedly increase U.S. interest costs.
Unfortunately, because of a number of factors, about 85033 million Americans are in default on those loans.
If you default on the mortgage, the lender ultimately has the right to foreclose on the home.
Too many learn this too late, when they default on their loans and destroy their credit scores.
In line with its criteria, Fitch therefore judges Mozambique to be in default on its sovereign obligations.
A default on its foreign debt could mean having oil shipments and assets abroad seized by creditors.
In 2014, with its Lollipop software version, Google turned on full encryption by default on Android phones.
Refusing to raise the debt ceiling could eventually cause the United States to default on its debts.
More than 25,000 of those service members were in default on their loan payments, the letter said.
Congress has had to repeatedly raise the federal borrowing limit to avoid risking default on U.S. debt.
He pointed in particular to increased optimism that Washington would avoid a default on the federal debt.
Should no agreement be reached, the government would shut down and possibly have to default on debts.
It would cause the government to default on its legal obligations – an unprecedented event in American history.
Linda Bonnin, a spokeswoman for Alabama, said the university denied that it was in default on any agreements.
At this rate, he is no more likely to prosper than he is to default on his loan.
He says that, if elected, he could in effect default on government bonds and renegotiate the IMF loan.
Some, like El Salvador's Bandesal or Uganda Development Bank, see borrowers default on over a third of loans.
What's worse, it is now expected that 2385.98 percent of borrowers will default on their loans by 27.
Gov. Alejandro García Padilla said last week that the island would default on nearly $174 million of payments.
Trump also has expressed a willingness, in the past, to let the U.S. effectively default on its debt:
Both political parties have also indicated they would not let Washington default on its debt later this year.
Default on some of its $98 billion of foreign debt is "becoming hard to avoid," says Barclays Bank.
Investors said energy assets could remain solid investments even if companies default on payments or file for bankruptcy.
The auditor's appointment followed the default on debt repayments by one of the group's principal shareholders, KPMG said.
Around 4.6 million Americans are in default on their student loans, with no sign of this crisis abating.
Instead of honoring the mutually agreed bilateral contract, it continues to default on payments rightfully due to MMB.
People with graduate degrees are less likely to default on their loans than those who never graduated undergrad.
Lawmakers already missed one deadline, allowing Puerto Rico to default on a $422 million repayment on May 2.
Already in default on about $8.9 billion, PREPA owes a bond payment of $455 million on July 1.
Can anyone believe that a default on the July payment will allow continued access to the capital market?
It is rare for a sovereigns States to default on debt which in turn leads to currency collapse.
In theory, that looks like more sharing in private groups, ephemeral content and encryption by default on messaging.
Experts predict that the country could soon, and for the first time ever, default on its ballooning debt.
In Fitch's view, the likelihood of default on these notes reflects the likelihood of default of the bank.
As a consequence, the United States Treasury warned it would soon default on its obligations, and on Oct.
With very few exceptions, it doesn't matter how many of a given college's graduates default on traditional loans.
This makes the May meeting nearly a last-resort chance to avoid a Greek default on its debts.
The island's Government Development Bank announced it would default on most of a $422 million payment due Monday.
Rusal itself has warned that the impact of sanctions could trigger technical default on some of its debts.
A Brookings Institution analysis published in 2018 found that black college graduates with bachelor's degrees default on their loans at five times the rate of white graduates (20193 percent to 4 percent), and that a black college grad is more likely than a white college dropout to default on their loan.
The extension of the deadline for the tender offer comes as Pacific tries to avoid default on bond payments.
Defending his remarks days later on CNN, Trump argued that the U.S. would never default on its debt anyway.
By default on the main page you get the time, floors climbed, calories burned and, of course, steps walked.
They were far more likely than their peers to default on student loans after they graduated or dropped out.
In total, the default on GO debt could end up as a record $13 billion without any legislative help.
The filing of the report will help the company stave off a possible default on its $73 billion debt.
The cost of insuring against default on Malaysian debt rose to 84 basis points from 78 before the election.
Neeraj Seth, head of Asian credit at BlackRock, said he expects more Chinese companies to default on their debts.
Google runs Google Play Music and YouTube, but lets you set Spotify at the default on the Google Home.
In Fitch's view, the likelihood of default on senior unsecured notes reflects the likelihood of default of the bank.
Fears that Portugal would default on its debts were a key concern in financial markets during the debt crisis.
Forty percent of student borrowers are expected to default on their loans by 2023, according to the Brookings Institute.
Additionally, some of Bogota's debt issuances state that a CIC default will constitute a technical default on its obligations.
Baoding Tianwei, a manufacturer of electric transformers, became the first SOE to default on a domestic bond last April.
Analysts expect the country will soon default on loans; many say the state is on the brink of failure.
The result has been a $903 billion loss for shareholders and, possibly, a default on $31 billion of debt.
It is ordering companies that could default on bonds due to major operational difficulties to report to the NDRC.
The push will collide next month with efforts to prevent a government shutdown and a default on U.S. debt.
Drug bosses often worry that one late payment will embolden other addict dealers to default on their own debts.
The new dock will start, by default, on the People screen, which minimizes the feeling of change for upgraders.
It was reported last month that, in 22019, 1.1 million people were put into default on their student loans.
Even worse, "on average, more than 3,153 borrowers default on their federal student loans every day, " according to CNBC.
A Brookings study found that nearly 40 percent of student borrowers may default on their student loans by 2023.
The precarious phoenix Eureka was last standing, and landed by default on Team Asia, whose eponymous captain was displeased.
And now oil prices are crashing, which could cause many energy companies to default on their obligations to banks.
I was suing a Miles City L.L.C. over a grass-lease default on some rangeland between Hathaway and Rosebud.
The failure could lead the U.S. government to default on its debts, something that could cause a financial crisis.
If they don't, the US government could face mandatory budget cuts and even a potential default on the debt.
The effect could increase the likelihood of a Venezuelan default on its debts at the end of the year.
Those students were more likely to default on their loans after three years, as their loans swelled with interest.
People who default on their student loans are more likely to live in Hispanic and black neighborhoods, Blagg found.
It's simply not true that the U.S. will default on its bonds if the debt ceiling is not raised.
If you take a lump-sum payout, you eliminate the possibility that your employer may default on your pension.
They say even limited U.S. sanctions could cause Venezuela to default on its debt payments and disrupt oil production.
And island officials warn it will default on roughly $2 billion in payments due July 1 absent congressional action.
Microsoft Edge is an internet browser made by Microsoft, which is installed by default on all new Windows computers.
Congress also must raise the debt ceiling in August or September or the U.S. could default on its commitments.
The vote came just two days before the debt-stricken island was expected to default on a $2 billion payment.
HEIC will be used by default on new photos on iOS 11, and it's designed to save you storage space.
A 2012 default on Argentinian debt derailed the economy and Brazil's economy began seizing up at around the same time.
The analogy is that by default on the home screen of a phone you are by default in our keyboard.
It's an incredibly frustrating limitation: Amazon owns Amazon Music, but lets you set Spotify as the default on the Echo.
Research has found that individuals who default on their loans are more likely to live in Latino and Black neighborhoods.
" The statement continued, "In December 2012, Depp faced financial ruin with the impending default on a $5 million bank loan.
After that, the risk of a default on Venezuela's remaining $64 billion of foreign-currency denominated bonds will rise sharply.
DCRs express Fitch's opinion on a bank's relative vulnerability to default on derivative contracts with third-party, non-government counterparties.
Under such a provision, a borrower would be in default on a bond agreement if it cannot honor another obligation.
Fortunately, when my Madeline Khan AI becomes the default on smartphones nationwide, you will become very familiar with the performance.
This time the catalysts could be DACA and the debt limit; the result: A filibuster-engendered default on federal securities.
So why doesn't Venezuela just default on its foreign debt and force Wall Street creditors to renegotiate more favorable terms?
As rumors began to swirl that Greece might default on its debts, these banks faced the prospect of huge losses.
Librarians argued that by registering on LinkedIn, library patrons would be making themselves publicly searchable, by default, on the internet.
He also worried that the reductions would spur some homeowners to intentionally default on mortgages to lower their loan costs.
There are no attractive options for the Treasury to avoid default on the nation's debt after extraordinary measures are exhausted.
VARIATION FROM CRITERIA Piraeus' IDR and Viability Rating reflect an uncured payment default on obligations other than the covered bonds.
So you'd be forgiven if you thought that Hulu offered 4K programming by default on all of its streaming apps.
He said that financial filing would eliminate fears the company might default on its debt, possibly rekindling interest among investors.
The Consumer Federation of America urged DeVos to confront the problem of millions of Americans in default on student loans.
There's no bond or house or whatever that students have to give up if they default on their student loans.
A bank dealing with one bankrupt clearinghouse could default on its obligations at other ones, which in turn could falter.
But in 19 states, government agencies can seize state-issued professional licenses from residents who default on their educational debts.
Dropouts are four times as likely to default on their loans, he says, citing his analysis of Education Department figures.
He also promised to renegotiate the $57bn IMF loan, and said that he could in effect default on Argentine bonds.
Allowing Puerto Rico to default on its debt would be the best thing the U.S. could do for the territory.
That depression substantially reduced its capacity to make debt payments and led to the largest sovereign debt default on record.
Graduates from low-income families are five times as likely to default on their loans than their higher income counterparts.
More than a decade after leaving for-profit schools, more than half of their student borrowers default on their loans.
The drugmaker on Friday filed its long-delayed annual report, helping it prevent a default on its $30 billion in debt.
You can assign the double tap to perform play / pause in the iPhone's settings menu, and it's the default on Android.
TAC represents the payments Google makes to companies like Apple for its search engine to be the default on their devices.
The most extreme kirchneristas threaten to tear it up and default on the country's debt, as the government did in 2001.
The firm has seen its share price plunge after announcing it would default on two interest payments worth about $37 million.
It surprised us to see how poorly Gson performed by default on Android for a largely data-driven app like ours.
Ultra Petroleum said in a regulatory filing on Monday that it expects to default on a credit agreement on March 15.
An oil or financial ban would likely lead the country into default on its over $100 billion dollars in foreign debt.
These specific events of hard defaults with a senior lender generally will create a cross-default on other debt styled securities.
Puerto Rico's Public Finance Corp is also expected to default on a $1.4 million debt payment that was due on Monday.
Puerto Rico officials warn that it will default on about $2 billion in payments due July 1 if Congress doesn't act.
The cost of insuring against default on Malaysian debt rose to more than 90 basis points from 78 before the election.
Under a cross-default provision, a borrower would be in default on a bond agreement if it cannot honour another obligation.
It defaulted on $85033 million in payments May 1 and is expected to default on $2 billion more on July 1.
If too many people default on their loans, experts worry it could have economic consequences similar to the 2008 housing crash.
Applying these trends to the 2004 entry cohort suggests that nearly 40 percent may default on their student loans by 21625.
It may now be forced to default on its debt to international lenders if not bailed out by the Russian government.
Oleg Deripaska's company Rusal warned it might default on some of its debt, which may in turn weaken major Russian banks.
Black students, regardless of their economic background, are more than twice as likely to default on their loans as white students.
Separately, U.S. airports are seeking at least $10 billion in emergency aid and have warned they could default on bond obligations.
Separately, U.S. airports are seeking at least $10 billion in emergency aid and have warned they could default on bond obligations.
"Tough sanctions could lead to a default on their bonds and a collapse of internal investment and oil production," he added.
Default on a payday loan and you can end up drowning in fees and penalties, and with a ruined credit score.
And most surprising, those who borrowed less were more likely to default on their student loans over the next three years.
Lawmakers face an end of September deadline to increase the debt ceiling and avoid risking a default on the national debt.
If you reach out to or speak to a journalist, things you say to them are, by default, on the record.
Ratings agency Moody's ranked David's Bridal among retailers that could default on their debts or file for bankruptcy protection in 2018.
And it is poised to default on another $6.9 billion in payments for future retiree health benefits, its fifth such default.
McConnell said earlier this month that lawmakers and the president would not let the U.S. default on its debt this fall.
Ms. Berendsohn, who says she's in default on her loans now, wants to continue her education while pursuing her entrepreneurial aspirations.
A government shutdown and a default on US legal obligations would also create a tailspin in the stock and bond markets.
More shocking still, students who start college but don't finish are three times as likely to default on their student loans.
It receives billions of dollars each year from Google to ensure that the latter's search engine is the default on the iPhone.
The vulnerability can be remotely exploited without authentication and targets the IWS Runtime Data Server service, by default on TCP port 1234.
This raises uncertainty surrounding the implementation of the third Greek bailout program and fears that Athens may default on its debt, again.
Without legislation to extend Treasury's borrowing authority, Washington would be flirting with a U.S. default on its debt, shaking global financial markets.
Members of an Ivory Coast cocoa exporters association said in January that they would default on around 80,000 tonnes of export contracts.
Fitch views the likelihood of default on the senior non-preferred notes the same as the likelihood of default of the bank.
You'll also now have the option of loading stories in the plain-text Reader view by default on articles that support it.
There won't be an immediate crisis, because the US Treasury Department can take "extraordinary measures" to delay a default on US debts.
Fitch views the likelihood of default on senior unsecured notes under this programme would reflect the likelihood of default of the bank.
The Abu Dhabi fund said 211MDB and Malaysia's finance ministry - which owns 1MDB - are in default on the terms of this agreement.
Trump's comment that America can't default on its debt, and can money-print its way out of trouble, shreds that Republican playbook.
The country has the world's largest oil reserves, but is struggling to repay debts and may default on its loans next year.
Newly christened as queen in 1952, Elizabeth II became the default on a smattering of currencies in countries under Great Britain's rule.
Fitch assumed a 100% default on uncovered TRF positions - positions lacking collateral - which equates to holders failing to honour 40% of losses.
Valeant could face default on some of its bonds if it does not file its annual report by the end of May.
Speculation has persisted that Venezuela may default on the payment or have to default next year, especially if oil prices remain low.
The Brookings Institute estimates that nearly 40% of borrowers who entered college in 2004 may default on their student loans by 2023.
Analysts believe Rusal may have to default on its debt to international creditors unless it is bailed out by the Russian government.
In 2014, authorities first allowed solar equipment producer Chaori Solar to default on bond interest payments before later bailing out local investors.
The measure will become law just in time, as Puerto Rico is facing a default on $2 billion of debt payments Friday.
To preserve cash and protect the corporate parent, WeWork could have those entities default on their leases and send them through bankruptcy.
And as many as 40% of borrowers could default on their student loans by 2023, according to the 2018 Brookings Institution report.
All eyes are focused on whether Valeant will file its audited financial statements in time to prevent a default on its debt.
Island officials warn that it's possible, if not probable, the island will default on mandatory payments coming due in May and July.
If Congress passes the package, which also includes relief funding for Hurricane Harvey, it would prevent a default on the federal debt.
About 8 million borrowers are in default on their loans, damaging their ability to rent apartments, buy cars and even get jobs.
Failure to comply with these restrictions would cause the company to default on its revolving credit facility and other loans, Chesapeake said.
If the Treasury Department runs out of cash, the government would delay payments, default on its debt or both, the CBO said.
The Abu Dhabi fund said 22013MDB and Malaysia's finance ministry - which owns 21MDB - are in default on the terms of this agreement.
Between the lines: Trump chose not to take the easy way and let the legislation go into law by default on Tuesday.
It expects about six companies will default on loans over the next 12 months, most likely in the first half of 2018.
They wonder what happens if the operators of Sleepopolis default on the Casper loan, giving the mattress company control of the site.
And without legislation to extend Treasury's borrowing authority, Washington would be flirting with a U.S. default on its debt, shaking global financial markets.
The government dare not default on the country's $110bn debt, lest creditors seize shipments of oil, virtually its only source of hard currency.
But on CNN's "New Day" Monday, Trump said he never meant to suggest he would want the U.S. to default on its debt.
The company is currently working with lenders to find a solution to its liquidity issues following default on its two US dollar bonds.
When these pension funds run out of assets, a global crisis could result, as these governments could default on their extensive financial contracts.
With Superhuman, users are collecting information by default on the people to whom they're sending email messages, without alerting or warning those people.
High enrollment rates were great for investors, but paralyzing for the 1 in 3 students that ITT projected to default on their loans.
Car loans are the last debt that Americans generally default on, since a car is in most cases necessary to get to work.
Susan Haley, an intelligence specialist who owes $2100,2100, had her Guard wages garnished and expects to default on the next $650 monthly payment.
Critics of the proposal say that payments should always be voluntary, and that people need the flexibility to default on their student loans.
Last year, the agency said it found more than 8 million borrowers were in default on more than $110 billion in student loans.
Fitch views the likelihood of default on the senior non-preferred notes as the same as the likelihood of default of the bank.
Mnuchin previously said the deadline to raise the limit and avert a default on U.S. debt would come some time during the fall.
Maduro said this month he would restructure and refinance all future debt payments and that the country would never default on its debt.
"Without policy intervention, there is more downside risk for equities," the bank said in a note entailed "The smell of default" on Monday.
Fitch views that the likelihood of default on senior unsecured notes under this programme would reflect the likelihood of default of the bank.
The implied market probability of a default on Monday rose to 38.9 percent from 38.3 percent on Friday, according to Thomson Reuters Eikon.
It is already in default on nearly all of the $60 billion in bonds issued by Venezuela's government and state oil company PDVSA.
Fitch views the likelihood of default on the second ranking senior notes as the same as the likelihood of default of the bank.
The cost of insuring against default on Malaysian debt MYGV5YUSAC=R rose to more than 90 basis points from 78 before the election.
Google also requires most phone makers to make its services the initial default on Android phones, but Android users can change those defaults.
Analysts at Bank of America Merrill Lynch now believe there is a 50% chance Argentina will default on its sovereign debt next year.
JCF said in its court filing that Talon and related companies have been in default on the loan since July 2 last year.
Wednesday's emergency law was rushed into existence as the GDB faces possible default on a $422 million debt payment due on May 1.
But it has yet to make it the default on the thousands of different devices -- made by hundreds of manufacturers -- that run Android.
The 28503 Budget Control Act was motivated by the need to quickly raise the debt limit and avoid a default on federal obligations.
Fitch views the probability of default on the senior non-preferred notes as the same as the probability of default of the bank.
Last year, the CFPB found that more than 8 million U.S. borrowers are in default on more than $110 billion in student loans.
Congress has until the end of September to raise the debt ceiling or default on its debt, which would cause widespread financial turmoil.
But fast expansion and financial losses caused the firm to default on a $50 million bond in early 1984, forcing the chain's bankruptcy.
If the banks should for some reason default on the loan, the Fed gets to keep the bonds and makes a sizable profit.
That is when Puerto Rico faces a potential default on a chunk of its debt if it cannot make $1.9 billion in payments.
The company has directed its employees to cut costs in half as it faces possible default on billions of dollars in bond debt.
On Friday, Puerto Rico faces a potential default on a chunk of its debt if it cannot make $1.9 billion worth of payments.
That is when Puerto Rico faces a potential default on a chunk of its debt if it cannot make a $1.9 billion payment.
Without new rescue money by July, Greece could default on its debts and throw the 19-member eurozone into another period of chaos.
They graduate with more debt than students who have attended public and nonprofit institutions, and are more likely to default on their loans.
According to a 2016 Government Accountability Office report, nearly 40 percent of borrowers 65 and older were in default on federal student loans.
This enables a VPN connection by default on all your connected devices and eliminates the need to install separate apps on each device.
But it has yet to make it the default on the thousands of different devices — made by hundreds of manufacturers — that run Android.
If SunEdison defaulted on the loan, it would have caused a cross-default on $8 billion in SunEdison debt, according to the lawsuit.
If you default on your loans, the entire balance is immediately due in full, plus collection charges up to 24 percent of your balance.
Finally, such loan forgiveness would not leave dropouts who default on their loans with the double whammy of no college degree and lousy credit.
Developed by Apple and included by default on every Mac computer, QuickTime Player allows users to play, record, edit, and share videos and pictures.
The drugmaker filed its 2015 financial report in late April, allaying concerns about a possible default on its debt of more than $30 billion.
"I think there is no chance that Italy will default on its public debt," Savona said, according to a person who attended the meeting.
So far, the company is considered to be in default on some interest payments, though it continues to repay principal, according to rating agencies.
He loves to borrow tons of money to fund his businesses and then, often, default on the money he owes to his multiple constituencies.
If Congress does not act, the US government could default on its debt, tipping the domestic and even global economy into an unprecedented crisis.
That rate had topped 3,300 basis points earlier this year, at the height of concerns that Venezuela or PDVSA would default on its bonds.
Congo is in dispute with rating agencies over what they say is a default on the latest coupon payment of its $363 million Eurobond.
The secret loan guarantees became public in 2016, prompting foreign donors to cut off support and triggering a default on the country's sovereign debt.
More than a dozen companies, with debt totaling up to US$17bn to US$19bn, are already in default on interest payments, said Clark.
By the end of the month, he'll need to push through measures that avoid a government shutdown and a default on the nation's debt.
The island defaulted on $422 million in debt payments on May 1 and faces a $85033 billion default on July 1 without legislative intervention.
This could ultimately see the country default on its debt, which in comparison with GDP has one of the largest ratios in the world.
Restructuring the loan, updating business plans and bringing onboard strategic partners were all possible ways to avoid a default on the debt, Maleiane said.
The owner was Kola Aluko, a Nigerian billionaire who's been charged with money laundering and was in default on a mortgage on the property.
Conversely, long-term debt ratings of individual securities or financial obligations of a corporate issuer address relative vulnerability to default on an ordinal scale.
In addition, for financial obligations in corporate finance, we also include a measure of recovery given default on that liability in the rating assessment.
Venezuela began to default on its payments at least two years ago, forcing Russia to restructure the deal into a 10-year financing plan.
The Treasury Department will likely be able to stave off a potential default on U.S. debt by diverting and delaying internal payments until March.
On Friday, Puerto Rico faces a potential default on a chunk of its debt if it cannot make $1.9 billion worth of debt payments.
Embattled Valeant filed its 2015 financial report last month, allaying concerns about a possible default on the company's debt of more than $30 billion.
The troubled drugmaker filed its 2015 financial report last month, allaying concerns about a possible default on its debt of more than $30 billion.
That could lead to an economic catastrophe, damaging the stability of the United States economy and forcing the government to default on its debt.
My colleague Mike Isaac explained what this would look like: more sharing in private groups, ephemeral content and encryption by default on messaging services.
Amtrak has slashed service, while airports say they will lose at least $13.9 billion in 2020 and warn they could default on bond obligations.
The country flirted with default on August 30th, when it said it would try to extend the maturity of some of its external debts.
However, to avoid default on the loan the city council was required to dissolve its water authority, which it did not agree to do.
Failing to raise the borrowing limit ultimately could cause the U.S. to default on debt payments, a move that would cascade through the economy.
Borrowers with less equity in their homes default on their mortgages at a much higher rate than those with more skin in the game.
To select Google Chrome as your default on a Windows 7 or Windows 8 computer, go to the Start menu and choose Control Panel.
Time is of the essence for Congress; Puerto Rico is expected to default on some of its legally owed payments as early as May.
The agreement would increase the government's borrowing cap to prevent a first-ever default on U.S. obligations that looms in just a few weeks.
A U.S. default on even a portion of that debt would raise questions about the safety of American bonds, upending the international financial system.
The federal government sets the standards and the states enforce them, with the E.P.A. stepping in only if the states default on their responsibilities.
Banks were also under pressure as a steep drop in oil prices raised concern that several energy companies would default on their loan obligations.
Puerto Rico's Government Development Bank is expected to default on all or a portion of payments due next month, when it owes $422 million.
Still, Harbour spends a good deal of time in court seeking to foreclose on those who default on contracts or seek relief in bankruptcy proceedings.
If you don't like the watch faces available by default on the Gear S23, there are many, many options in the Samsung Gear app store.
People commonly fail to pay workers, defy court orders or default on debts by decamping to other provinces or starting new businesses in different industries.
If Congress fails to increase the borrowing limit, the U.S. could risk default on its debt — which would have ripple effects throughout the global economy.
The troubled drugmaker filed its 2015 financial report in late April, allaying concerns about a possible default on its debt of more than $30 billion.
Pdvsa and the Venezuelan government are already in default on more than $50 billion in bonds after failing to make interest payments since last fall.
In other words: Trump would be able to threaten not just a government shutdown but a default on the national debt to get his way.
Goldman presumably believes it can keep its returns healthy by identifying customers who won't default on their loans, in part through smart use of data.
The country has begun to default on debts; earlier this year, Goldman Sachs helped bail out the government with a bond purchase of $2.8 billion.
The only responsible approach for our leaders is to prevent the needless disasters of government shutdown, looming default on federal debt, and health insurance instability.
And there's Puerto Rico, which is struggling to make its bond payments — or decide which of its $23 billion in municipal bonds to default on.
The smaller apps and slimmer OS can as much as halve the amount of storage that's taken up by default on a brand new phone.
So when a rational government finances investments, it is choosing between the redistribution risks caused by inflation and the risk of default on foreign debts.
The injunction - which was meant to bring Argentina and holdouts to the negotiating table - forced the sovereign to default on its restructured bonds in 2014.
That said, if you default on your business account, you will be held personally accountable, so this is not a blank check to be irresponsible.
The trade war has also driven up some raw material, freight and warehousing costs, raising the risks that some importers might default on payment obligations.
Creditors had balked at Garcia Padilla's 2016 moratorium, which allowed the government to default on debt and redirect bondholders' collateral to pay for government services.
Penn West warned in May it could default on its debt by the end of the second quarter due to the two-year oil slump.
Still, HNA's bond prices have plummeted, and the cost of raising new capital has skyrocketed over concerns that the company could default on its debts.
Ring confirmed to Business Insider on Monday that the company would make two-factor authentication, a common security practice, enabled by default on new accounts.
That complicates an already ambitious congressional to-do list, including resolving the budget, avoiding a default on the country's debt and overhauling the tax system.
Both Moody's and Standard & Poor's now rate Hartford's debt in the junk range, signaling a greater likelihood of some sort of default on bond payments.
Sandy likely played into that problem, experts say, causing some homeowners to default on their mortgages because they were unable to rent out flooded basements.
Swain, who is overseeing Puerto Rico's case, previously dismissed a lawsuit by Aurelius and other investors over the territory's default on its general obligation bonds.
And speaking of investors, PROMESA also blocks litigation by Puerto Rico bondholders, eliminating their right to legal remedy should the government default on its payments.
Two of the sources also acknowledged that investor worries have been brewing over the past month on Peking Founder's potential default on billions of dollars.
Danske Commodities, which agreed in July to a takeover by Norwegian oil firm Equinor pending regulatory approval, said Norwegian trader Einar Aas' default on Sept.
"I think there is no chance that Italy will default on its public debt," Savona told a meeting with Italian lawmakers in the European Parliament.
This is enabled by default on just about every router, but if it's not active on your device, switch it on through your router settings.
But what Trump is clearly not willing to risk is a default on the nation's debt — he doesn't want to play that game of chicken.
Even if Apple's AI features aren't as mind-blowing, the company could steal some Photos users from Google simply by being the default on iPhones.
The agency also believes GWAMCI intends to maintain its reputation and credit profile in the international offshore market and is unlikely to default on offshore obligations.
Its shares lost half their market value after warning last week it might default on its loans due to the delay in filing its annual report.
The agency also believes XII intends to maintain its reputation and credit profile in the international offshore market, and is unlikely to default on offshore obligations.
He says Boms followed through on this, as KLP sent a Notice of Default on a personal loan Sassani took from KLP to invest in Zozi.
Real estate investment firm Colony Capital purchased the ranch from Jackson shortly before his death in 2009 when the singer was in default on a loan.
In 2011, for instance, congressional Republicans threatened to force the US government to default on its debt unless Obama offered massive policy concessions; in 2013, Sen.
He also promised to re-negotiate the record $57bn loan agreed last year with IMF, and said that he could in effect default on Argentine bonds.
In a growing number of emerging markets, including past offenders like Brazil, Mexico and Peru, default on foreign-currency debt is no longer imaginable, he says.
Making matters worse has been the partial default on debts of the government and PDVSA, the state oil company that provides 95% of the country's exports.
ATHENS, May 30 (Reuters) - Greek Finance Minister Euclid Tsakalotos on Tuesday dismissed reports in Germany's Bild newspaper that the country could default on July debt repayments.
RAMAPHOSA SAYS IF ESKOM DEFAULTS ON ITS LOANS IT WILL CAUSE A CROSS-DEFAULT ON ITS REMAINING DEBT AND HAVE "HUGE IMPACT" ON ALREADY CONSTRAINED FISCUS
UBS did not say in its filing when Manafort fell into default on the mortgage or how much the condo is believed to currently be worth.
Venezuela and PDVSA are in default on nearly $50 billion in international bonds because they have failed to make more than $2 billion in interest payments.
The Venezuelan government and Pdvsa are already in default on more than $50 billion in bonds after failing to make interest payments since late last year.
If the government fails to raise or otherwise deal with the debt ceiling, it will default on its debt, which could send global financial markets reeling.
That was politically risky considering many Argentines blame IMF policies for a 2001 financial crisis that ended with a humiliating default on the country's foreign debt.
Global credit rating agency Standard & Poor's had predicted in January that China could see the first default on a bond issued by an LGFV this year.
He believes Greece should be allowed default on a substantial proportion of its debt burden and devalue its currency in order to regain its economic competitiveness.
By 2023, nearly 2570 percent of borrowers are expected to default on their student loans, an event that only increases their debt and devastates their credit.
Just because you no longer have the cash flow to make your standard student loan payments does not mean you should default on your student loans.
Apple closed off its presentation by underscoring its emphasis on security with its use of end-to-end encryption "by default" on all its messaging apps.
But on April 21th the Gulf fund said 1MDB was "in default" on the deal, and stopped making payments to bondholders, including $50m due this week.
That means that Google has three apps it installs by default on the Pixel, for example: Allo for consumers, Hangouts for enterprise, and Messenger for carriers.
Puerto Rico already defaulted on $85033 million in debt payments on May 1 and will default on billions more if Congress doesn't act by July 1.
If none of the three principal parties to the negotiation moves soon, Greece will almost certainly default on its large debt payments coming due this July.
"The news ... raised the specter of the populist opposition seeking to renegotiate/default on the IMF loans coming to maturity," Jefferies analysts wrote in a note.
A default on the country's $19 trillion debt could trigger and international economic crisis, and Democrats insist that the ceiling be raised separate from spending cuts.
It takes the average student debt borrower 2100 years to pay off their loans, and over 2000,22014 people default on their federal student loans every day.
But GOP leaders have struggled to rally conservatives behind the measure, and the deadlines continue to slip, including a $367 million default on May 85033. Rep.
Many market analysts expect that investors in loans made today could face major losses if and when the economy turns and borrowers default on the loans.
This meant that it would take a 20-percent drop in income before the borrower had to pay out of pocket or default on the loan.
This reflects Fitch's view that a default on the certificates will happen only if Kuveyt Turk defaults on its senior, unsecured obligations under the transaction structure.
But, of course, this change has an additional dimension of interest given the years-long saga of Google being default on Apple devices including the iPhone.
Still, it seems obvious that something's wrong when a whopping nearly 40 percent of borrowers are expected to default on their student loan payments by 2023.
And without an accord on the debt ceiling, the government would default on its payments and risk injuring its credit rating and causing a global panic.
The disclosure prompted the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a default on the country's sovereign debt.
The company and the Venezuelan government are in default on more than $50 billion in bonds after failing to make interest payments since late last year.
The agency needed a $1.7 billion cash infusion from the Treasury after the 2008 housing collapse sent millions of homeowners into default on FHA-insured mortgages.
The line of credit is secured by your house, though, so if you default on the amount you borrow, you may put your home at risk.
"That would ultimately lead to delays of payments for government programs and activities, a default on the government's debt obligations, or both," the CBO report noted.
I might well have had to default on my loans and continue in the workforce without the education and skills that so dramatically altered my trajectory.
Trump's subsequent default on those bonds ended his relationship with ­Deutsche Bank's securities unit, which Byrne now ran, but the two men had stayed in touch.
Meanwhile, banks could see a higher level of default on loans to property owners in cities with a high degree of co-working spaces, said Rosengren.
Fitch also believes GZMG intends to maintain its reputation and credit profile in the international offshore market, and is unlikely to default on its offshore obligations.
President Donald Trump on Thursday accused Republican leaders in the Senate and the House of botching efforts to avoid an unprecedented default on the national debt.
Venezuela is more likely to default on its debt because its ability to raise money is being hampered by U.S. sanctions, according to ratings agency Fitch.
Maduro's government has halted almost all foreign debt payments, leaving Venezuela and PDVSA in default on around $40 billion in bonds, according to Thomson Reuters data.
Meanwhile, after breaching the debt limit in March, the Treasury Department is already taking extraordinary measures to ensure the United States doesn't default on its loans.
The company said it would restate its earnings and delay filing its annual report, opening the door to a possible default on its $30 billion debt.
GOP leaders thought stoking another similar fight — and, this time, risking a default on the nation's debt — would fail disastrously and cause great damage to their party.
But one issue with his criticism is that Apple gets paid a boatload of money from Google for making its search engine the default on its devices.
The agency also believes HAD intends to maintain its reputation and credit profile in the international offshore market, and is unlikely to default on its offshore obligations.
A missed or partial payment on GO bonds would be the first default on a security that carries the highest priority of repayment under Puerto Rico's constitution.
Research shows that students with relatively small loan balances of $15,000 or less are far more likely to default on their loans than those with bigger debts.
The spotlight was back on the bloc after a late deal on Thursday that allows indebted Greece to avoid a default on bailout repayments due next month.
Yes, but: As long as customers don't default on their premiums, insurers (like other suppliers) will benefit from selling services to a sector that's losing its competitiveness.
Among the issues still to be determined is what happens to countries who default on their commitments to cut pollution, said Flynn, the U.N. climate change adviser.
Companies outside the mental health space are intrigued as well — and one even claims to be able to tell from voice whether you'll default on a loan.
While we don't know much about the game, it's being developed by the same team behind the Final Fantasy-esque series Bravely Default on the Nintendo 3DS.
The agency also believes China Orient intends to maintain its reputation and credit profile in the international offshore market and is unlikely to default on offshore obligations.
Maduro denies his government will default on its debt, noting the Socialist Party has always honored commitments despite repeated predictions by Wall Street that it would not.
Financial markets had started to speculate that Saudi Arabia might eventually default on its debt or be forced to scrap the riyal's peg to the U.S. dollar.
After Kingfisher went down, India ratified the Cape Town convention, an international treaty making it easier for foreign owners to repossess aircraft when airlines default on payments.
Any default on term loan payments triggers a virtually irreparable hard credit default, so many commercial bank revolvers remain in place when credit stats would not warrant.
In 2011, those deficits led to fiscal hawks and the Tea Party demanding that we slash government spending or they would default on the nation's credit card.
On the debt ceiling: Congress has until the end of September to raise the debt ceiling or default on its debt, which would cause widespread financial turmoil.
The economy also is spiraling out of control, with food shortages that have led to widespread malnutrition, and analysts expecting the country will soon default on loans.
It is also difficult to imagine that an Italian default on its $2.5 trillion dollar public debt would not set off a full blown European banking crisis.
And if the House's self-imposed deadline were not enough, Puerto Rico is likely to default on a debt payment as soon as May without external assistance.
Come autumn, the GOP will likely have to choose between allowing the government to shut down and default on its debt and making politically difficult, unpopular decisions.
Valeant Pharmaceuticals resolved its default on some of its $30 billion in debt by finally filing on Friday its long-overdue United States financial report for 2015.
Board members at Deutsche Bank worried that they would face public backlash if they went after the president's assets should he default on the loans, Bloomberg reported.
Restructuring the loan, updating business plans and bringing strategic partners on board were all possible ways to avoid a default on the debt, Maleiane said on Wednesday.
Board members at Deutsche Bank worried that they would face public backlash if they went after the president's assets should he default on the loans, Bloomberg reported.
The agency also believes BII intends to maintain its reputation and credit profile in the international offshore market and is unlikely to default on its offshore obligations.
Many left college at the height of the great recession, and faced elevated unemployment rates that forced many to default on or defer payment of their loans.
The agency also believes China Huarong intends to maintain its reputation and credit profile in the international offshore market and is unlikely to default on offshore obligations.
ANNALYN KURTZ BOND FINANCING On Friday, Puerto Rico is expected to default on scheduled debt payments totaling $1.9 billion, its biggest and most consequential default to date.
The last of the myths being propounded is that, should the island default on its debts, it will be indefinitely barred from future international capital market access.
The company's shares sank earlier this year after it said it would delay filing its 2015 financial report, opening the door to possible default on its debt.
The service can also be set as the default on Google Home, so you don't have to specify to play the songs via Pandora when issuing commands.
BOGOTA, Feb 5 (Reuters) - Colombia's largest private oil producer Pacific Exploration & Production is working to avoid default on bond payments as it comes up against a Feb.
In 2011, when investors feared that a wave of European governments and companies might default on their debts, American stocks fell nearly 20 percent from their highs.
The currency then slid again last week after an old ghost reappeared: a default on Argentina's foreign debt, which has happened eight times since independence in 1816.
The beginning of the end was when Google declared that Google Chrome would begin to block Flash by default on any page you visit on the web.
The agency also believes Dongfang Investment intends to maintain its reputation and credit profile in the international offshore market, and is unlikely to default on offshore obligations.
"However, the financial outlook for Venezuela will continue to be dire and the regime will likely be forced to declare a default on debt eventually," Gallegos added.
Argentina had been closed to international markets for more than a decade amid a long-running legal fight with bondholders that followed a default on its debt.
The U.S. government will never default on its debts but must also take steps to spend much less, House Financial Services Committee Chairman Jeb Hensarling said Wednesday.
Venezuela and state oil company PDVSA are in default on most of their $60 billion in outstanding bonds, with some $3.6 billion in backed up debt service.
Nearly 2000% of students who took out loans in 250 will default on their debt by 2000, according to the Education Department's own figures released this week.
The bill also proposes that lenders make it easier for borrowers to get a one-time removal of a default on their loan from their credit report.
The territory defaulted on $422 million of debt payments on May 1, and face a massive $85033 billion default on July 1 if Congress fails to act.
Those measures are scheduled to be exhausted sometime in the fall, at which point the U.S. would default on its debt without a new vote by Congress.
If, for example, either AT&T or G.E. were to default on their heavy debt loads, there would be considerable fallout in the economy as a whole.
By December, it looked like he was going to have to default on an interest payment on the loans he'd used to finance the Trump Taj Mahal.
"We're not going to have a default on our debt, and we will figure out how best to deal with this issue when that moment arrives," Ryan said.
It's also tough positioning yourself as the anti-Google when Google pays you billions of dollars every year to make its search engine the default on Apple devices.
The default on a 35 million euro ($39.40 million) credit facility was triggered by the expiry on April 22 of a waiver on debt conditions provided by creditors.
Venezuela and PDVSA are in default on nearly all of their bonds, but have been careful to pay off the 200 issue to avoid losing control of Citgo.
The International Monetary Fund and foreign donors cut off support when the loans were disclosed in 2016, triggering a currency collapse and a default on Mozambique's sovereign debt.
Those "tuna bonds" were the first mis-step in a widening scandal that led the government to say on January 16th that it would default on its debt.
On July 1, 2016, Puerto Rico will default on more than $1 billion in general obligation bonds, the island's senior credits protected by a constitutional lien on revenues.
In 2011, conservatives nearly forced the United States to default on its debts, a bit of destructive brinksmanship that led to the US bond rating taking a hit.
Underscoring investors concerns, the cost of insuring against default on Kobe Steel's five-year yen debt through credit default swaps (CDS) were last quoted at 261 basis points.
Treasury Secretary Steven Mnuchin warned the U.S. could run out of cash to pay its bills by September, setting up the potential for default on the federal debt.
Indeed, China's willingness to roll over its loans to Venezuela delayed, even if it did not ultimately prevent, the Bolivarian republic's default on some of its other debts.
If you doodle something in Windows Ink, you'll find that there aren't any special functions mapped to the two buttons by default on the pen, other than erase.
Sumatra's lower production caused some exporters to delay and even default on deliveries, sources at importing companies said, forcing some U.S. importers to pay more to secure supplies.
The price of five-year credit-default swaps (a form of insurance against default) on its senior debt is well above that paid by Europe's other leading banks.
I think we can all agree that using the word "mistake" is very generous for a company warning it might potentially default on its $30 billion debt obligations.
Later on, if Tunisia were to default on its loan, the U.S. could enter into a more costly debt-relief program, negating any savings in the first place.
SAO PAULO (Reuters) - Energy distribution subsidiaries of Brazil's state electricity utility Eletrobras are in default on payment for energy contracts that were forged in previous government supply auctions.
WASHINGTON (Reuters) - The Obama administration urged Congress to pass legislation to help Puerto Rico resolve a debt crisis which was expected to trigger a bond default on Monday.
Venezuela's external debt, estimated to be $185 billion, according to central bank data, is considerably more than Argentina's 2001 default on more than $453 billion of its obligations.
Payday loan companies have (rightly) come under fire for restrictive terms and a business model that is most lucrative when customers pay back late or default on loans.
Oil prices have dropped by two-thirds since 2014, gutting the global energy markets and driving a string of bankruptcies as debt-laden drillers default on their loans.
The agency also believes Fang Yang intends to maintain its reputation and credit profile in the international offshore market and is unlikely to default on its offshore obligations.
Debt ceiling The Trump administration says it doesn't want a fight over raising the debt ceiling, which must be done so the government won't default on its debt.
In the Title III process, however, the other indebted utilities will get to default on more of their debt, and reform will be filtered through the political process.
The agency also believes Jiangsu NHL intends to maintain its reputation and credit profile in the international offshore market and is unlikely to default on its offshore obligations.
We don't know yet whether it will be installed by default on Android devices — we only know that Google decided not to hijack SMS like Apple's iMessage does.
The Trump administration has done so despite the likelihood that this will bring forward the date by which Turkey will default on its debt and impose exchange controls.
Argentina has been a financial markets pariah since its record default on $100 billion in 2002 but progress is being made, according to court-appointed mediator Daniel Pollack.
Under its first chief executive, Timothy Koogle, Yahoo struck a four-year deal with Google in June 2000 to make Google's search engine the default on its website.
Most analysts say the country is more likely than not to default on billions of dollars of debt in the next 12 months, speeding up the country's tailspin.
Schools can lose their ability to participate in financial aid programs if too many of their students default on their loans within their first three years of repayment.
The agency had previously upgraded the company in 2012 and 2016, as the emirate recovered from a credit crisis that nearly caused it to default on its debt.
It appears unlikely the House will be able to take action on legislation by May 1, when the island is expected to default on a significant debt payment.
One reason the contract for deed market has become popular among investment firms is that under many contracts, buyers can be evicted if they default on their loans.
Maybe they should turn to the 8 million students currently in default on their federal loans before sweetening the pot for our next generation of consultants and lawyers.
Last month, the firm ran into a technical default on 3.9 billion roubles of loans although the company said it did not expect creditors to demand early repayment.
Talks between Argentina, which is in default on some sovereign bonds, and U.S. hedge funds led by billionaire Paul Singer's Elliott Management are set to resume on Wednesday.
While there was no agreement yet on raising the Treasury Department's debt limit, both sides indicated they would not let Washington default on its debt later this year.
A sovereign country facing this situation would declare a legal default on its debts, but Puerto Rico is not a sovereign nation — it's subject to US federal law.
Every lawmaker would probably agree that more money for hurricane aid is necessary, that the US shouldn't default on its debt, and that the government shouldn't shut down.
In a separate move, Education Secretary Betsy DeVos announced on Wednesday that she would also stop collecting payments and garnishing wages from borrowers who default on their loans.
One million borrowers already default every year, and 40 percent of students are expected to default on their loans by 2023, according to a January study by Brookings.
She&aposll usually include one pre-roll ad before the video (which is the default on YouTube), and two ads within the video, three or four minutes apart.
If refinancing is unavailable, or the gap between the balloon amount and the sale price is too large, the borrower may default on the outstanding final balloon amount.
Daru said the competition in itself isn't the problem, but unlike a third-party app like Tile, Apple's own "Find My" apps ship by default on Apple devices.
Mr. Efromovich, after making big bets on the energy industry before oil prices plummeted, was on the brink of default on hundreds of millions of dollars in loans.
Oil prices have dropped by two-thirds since 21, gutting the global energy markets and driving a string of bankruptcies as debt-laden drillers default on their loans.
The government and PDVSA are now in default on all of their foreign bonds and currently owe Wall Street investors nearly $20 billion in unpaid interest and principal.
Moody's said the presence of an unconditional government guarantee on the DBM issuance meant it would consider a default on the notes to constitute a default by the sovereign.
They have a new automatic HDR mode, for a start, which sounds an awful lot like the auto-HDR that Google keeps on by default on its Pixel device.
Zelenskiy told Reuters he would not allow Ukraine to default on its debt commitments to the IMF, which has propped up the economy with billions of dollars in loan.
In a desperate April letter to shareholders, the company disclosed its dire financial straits, layoffs, and the possibility that it might have to default on a $100 million loan.
HTTPS Everywhere (Chrome, Firefox)Image: ScreenshotHTTPS is the extra-secure connection protocol you'll see used by default on a bunch of sites, from your online banking portal to Gmail.
He said the states could now borrow at low and affordable interest rates because investors know it is next to impossible for them to default on general obligation debt.
Banks are seen as particularly vulnerable, because of both their own external financing and the likelihood that the crisis will cause more firms to default on debts at home.
ATLANTIC CITY, N.J. (Reuters) - Atlantic City, New Jersey's cash-strapped gambling hub, avoided a default on Monday by making its $1.8 million debt service payment, Mayor Don Guardian said.
Should PDVSA default on its Russian loan, the Russians could relatively easily end up with a majority stake in Citgo by acquiring more PDVSA bonds on the open market.
Ironically, if Moscow lets Venezuela default on its debts, then Russia would actually be able to exercise its lien on Venezuela's most valuable asset: U.S.-based oil giant Citgo.
Facing default on some of its debt, Rue21 reached forbearance agreements with lenders that extend through late April, the Warrendale, Pennsylvania-based company said in a statement on Thursday.
However, with the sheer amount of video content uploaded to YouTube every day, disabling comments as the default on every clip featuring a minor seems like a daunting task.
Most analysts anticipate that Beijing will allow more companies, especially those in oversupplied industries such as steel, to default on their debt in a show of slightly freer markets.
New Delhi's move on Monday to take charge of IL&FS brings short-term relief: the infrastructure lender had started to default on $13 billion of debt, causing panic.
Venezuela has been ravaged by severe food shortages, tremendous protests and a sky-high inflation rate, but it's avoided one problem: the country refuses to default on its debt.
Outside of the banking sector, UK-based investors fear that a future default on an EU-law bond could leave them struggling to recoup losses in a continental court.
It was this sort of blind thirst for impossible victories that drove Republicans to shut down the government and nearly send the U.S. government into default on its debt.
"No, (the pain) is not over yet," said CIMB analyst Lim Siew Khee, who expects one to two more firms to default on debt in the next two years.
Shares in Valeant, a troubled drugs company, fell by half after it warned of a potential default on some of its $30 billion debt-pile and slashed its outlook.
After months of endless hearings in Congress, agonizing negotiations and shuttle diplomacy back and forward to San Juan and Washington, Puerto Rico's monumental default on its debt is here.
Analysts say that if the debt ceiling is not addressed by October, the government will default on its debt, a circumstance that would likely spark chaos in financial markets.
Alejandro García Padilla said Sunday it was a "painful decision" to default on $422 million in bond payments, a statement panned by Puerto Ricans on and off the island.
Many countries that were initially willing to take Beijing's money have expressed concern over what could happen should they default on debt payments, particularly after the Sri Lanka deal.
Disagreement between a Democratic president and a Republican House nearly forced the United States to default on its debt in 2011, and it shut down the government in 2013.
As for-profit schools are quick to point out, they enroll a disproportionate share of disadvantaged students, who are more likely to drop out and default on their loans.
Although an American college degree remains a good investment on average — the higher earnings for most graduates justify the cost — millions of borrowers are in default on their loans.
They could lead to a disastrous default on the federal debt, and to automatic spending cuts that would sweep through the military, federal health care and other popular programs.
By late April, the price of insurance on government bonds was signaling a better than 50 percent chance that, sometime before 2024, Argentina would again default on its debts.
The icons are set to look large by default on the Galaxy S20, and it looks a little cartoon-y, which doesn't match the Galaxy S20's sleek aesthetic.
On Thursday, Google did something about the problem: The company updated its browser, Google Chrome, so that it bans such ads by default on mobile devices and desktop computers.
Church said she usually includes one pre-roll ad before the video (which is the default on YouTube), and two ads within the video, three or four minutes apart.
So why, under any calculation, would a politician risk or even threaten to risk this standing by refusing to raise the debt ceiling and chance default on U.S. obligations?
"We have a default on May 1, I think it sets fireworks off," said Frank Shafroth, director of the Center for State and Local Leadership at George Mason University.
The company said earlier in the month that a delay in filing its annual report would put it at risk of a default on its $30 billion in debt.
Additionally, the economic recovery plan certified earlier this month strongly suggests that Rosselló's government will continue to default on creditors, continuing the policy of his predecessor: Alejandro Garcia Padilla.
The disclosure prompted the International Monetary Fund and foreign donors to cut off support to the southern African state, triggering a currency collapse and a default on sovereign debt.
One of Neiman Marcus' debt investors claims the struggling luxury department store may be insolvent and in default on its bonds after shuffling around some assets earlier this month.
If true, that would differ from the encryption recently implemented by Facebook-owned WhatsApp, which turned on end-to-end encryption by default on all its apps last month.
Meanwhile, U.S. Senate majority leader Mitch McConnell told Politico on Thursday the Unite States will not default on its debt and will raise its debt limit in some fashion.
Zelenskiy told Reuters he would not allow Ukraine to default on its debt commitments to the IMF, which has propped up the economy with billions of dollars in loans.
The lender was taken over by the Russian government in December after an investigation by the Central Bank of Russia uncovered a capital hole, triggering a default on the notes.
The Dalian-based steel firm posted a statement on the Shanghai clearinghouse's website on Tuesday disclosing the default on its 300 million yuan ($44.84 million) three-year private placement note.
Powell also repeated his warnings against a failure by Congress to raise the debt ceiling, saying there would be "bad consequences" should the United States default on its debt payments.
If it doesn't implement reforms that its creditors demand, including on pensions, it will not get new disbursements and therefore it could very easily default on its debt once again.
But in the United States with bonds, that won't happen because you know in theory the market doesn't go down so that you default on debt, and that's what happens.
HOUSTON (Reuters) - Stampede Energy, a privately-held midstream operator, is expected to default on penalty payments after failing to fulfill shipping commitments on a major Texas pipeline, according to sources.
Concerns have focused on the volume of data being gathered by default on Windows 103, and whether Microsoft obtains fully informed consent from users to collect and process their data.
Garcia Padilla is expected to quickly sign the bill, which was rushed into existence as the GDB faces possible default on a $422 million debt payment due on May 1.
Another downside: If you default on the loan or leave your company without paying back the full amount, the amount outstanding becomes taxable and subject to a 10 percent penalty.
KBC acquired UBB from National Bank of Greece (Restricted Default) on 14 June 2017 (see 'Fitch upgrades United Bulgarian Bank to 'BBB+' on acquisition by KBC; Outlook Positive' at www.fitchratings.com).
Congress can frustrate Trump's thuggish ambitions by codifying the health insurance cost-sharing payments, congressional-staff health benefits, and the borrowing authority needed to avoid a default on the debt.
"Carven is in default on payments and will on Wednesday be asking to be placed under bankruptcy protection of the Paris commercial court via receivership procedures," a Carven spokesman said.
This feature makes the Cofina bondholders the only group that would actually benefit from a default on their holdings — and a wild card in the deck that Congress keeps shuffling.
Soon online lenders that once offered eye-watering returns were put out of business, companies began to default on their bonds and banks were told to stop hiding bad loans.
That means Puerto Rico did not default on Monday on a $1.5 million monthly payment on its general-obligation debt, said Matt Fabian, a managing director at Municipal Market Analytics.
The budget director argued in the new interview that, no matter what happened with the debt ceiling, the U.S. would somehow find a way not to default on its debt.
If members did not vote yes, the troops will not be paid, the weather service and national parks will be shut down, and the nation would default on the debt.
When borrowers stop making payments and default on a federal student loan, they can make things right, and qualify for programs that offer reduced monthly payments, by agreeing to rehabilitation.
Were Italy to leave the euro, it would almost certainly default on its debt as the cost of Italian government borrowing after leaving the euro would rise to unsustainable levels.
Analysts say the Treasury will run out of room by October or November to borrow money to keep the government operating, potentially forcing the government to default on its debt.
Without concomitant measures to help landlords not default on their mortgages and for banks not to run out of money, we need — you know, this is a series of dominoes.
A protracted government shutdown or a default on sovereign debt could be disastrous — for the economy and for the party that controls the White House and both chambers of Congress.
A small number of people — about 200,000, or around 1 percent of the population — default on their premiums, and their wages are garnished to cover the cost of their insurance.
The disclosure prompted the International Monetary Fund and foreign donors to cut off support to the southern African state, triggering a currency collapse and a default on its sovereign debt.
Investors holding Lebanese bonds are expecting the worst, as years of financial mismanagement may well push the country to default on its debt for the first time in its history.
Lawmakers are wondering what sort of turmoil they can expect in financial markets on May 220006, when Puerto Rico says it will default on nearly $2202 million in debt payments.
If Congress can pass a package containing all three measures, it would knock out politically contentious September deadlines to avoid risking default on the federal debt and a government shutdown.
Mr. Mulvaney said the administration as a whole had not settled on which was the best approach, but he insisted that the United States would not default on its debt.
McClatchy, looking at default on its pension plan funding obligations, faces either financial restructuring, or bankruptcy -- and its primary shareholder and debtholder Chatham Asset Management is in the driver's seat.
They did this despite evidence that the still-weak economy required more, not less, federal aid, and even threatened to default on the national debt unless federal spending was slashed.
But as outstanding student debt rises above $1.5 trillion and as one million people default on student loans every year, lawmakers will have to decide whether that approach should continue.
But Mehta said investors may remain cautious on high-yield dim sum bonds after Chinese property developer Kaisa Group became the first company to default on its offshore debt last year.
That's raising the ugly prospect of more than $100 billion in mandatory cuts as well as an unprecedented default on US debt -- a situation that could trigger a worldwide economic catastrophe.
"The Secretariat could face a default on salaries and payments for goods and services by the end of November unless more Member States pay their budget dues in full," Dujarric said.
Alto Maipo was in technical default on its debt after ending one construction contract and was in talks with its financial backers and other potential contractors, it said in a statement.
If it were independent, it could potentially pursue a different economic strategy, with its own currency and control over fiscal and monetary policy — and presumably, it could default on its debt.
Read MorePuerto Rico says will default on Government Development Bank debt "That was not debt guaranteed under Puerto Rico's constitution," pointed out Mark Palmer, managing director and financials analyst at BTIG.
Manafort was also in default on those properties, according to the bank, owing more than $10.6 million on the Water Mill house and more than $6.7 million for the Brooklyn property.
The creditors and Argentina's previous president, Cristina Fernández de Kirchner, reached an impasse after years of mudslinging and rulings that led the country to default on its debt again in 2014.
With national elections looming across Europe, time is shrinking for Athens and its lenders to cobble together a deal that will stave off a Greek default on loan repayments in July.
One example: Mozambique, already in default on about $2 billion of external commercial debt thanks to the tuna bonds scandal, put 25% of its government revenue toward debt payments last year.
In a letter to Democratic House Speaker Nancy Pelosi, Mnuchin wrote that the US might default on its obligations as soon as early September, before Congress returns from its summer recess.
Screenshot: GizmodoTo remove shortcuts from the Dock—all those Apple apps that get included by default on a fresh macOS install, maybe—just drag them out until the Remove label appears.
AIG required an $85 billion federal government bailout in 2008 because of its role insuring many large institutional investors against default on certain products, including those that underpinned the mortgage markets.
TO shares plunged 20163 percent on Tuesday after the company said a delay in filing its annual report put it in danger of a default on its $30 billion in debt.
In a statement posted on the website of the Shanghai Clearing House, Everbright Securities said that Huayang's default on its 800 million yuan ($115.48 million) puttable medium-term note on Sept.
Failure to pass an increase, the administration says, would result in the first-ever U.S. default on its debt, which could send borrowing costs booming and potentially ignite a financial firestorm.
Released by the U.S. Department of Education annually, the Cohort Default Rate measures the percentage of federal student loan borrowers who default on their loans within three years of leaving school.
Even with members of Congress on recess, the legislative and executive branch have a busy agenda next month to avoid a government shutdown and avoiding a default on the national debt.
But shit won't really hit the fan until July 1, when Puerto Rico's next debt payment is due, and the US territory's government will almost certainly default on another $2 billion.
The deal in place now means that Rosneft - which has been under U.S. sanctions since 2014 - would be among the top creditors should the government of Venezuela default on its bondholders.
As a result, Turkey needs to tap the global financial market for around $85033 billion a year if it is to stay afloat and not default on its external debt obligations.
After providing Hovnanian with a loan, Blackstone took out insurance contracts wagering the company would default on its debts, and then persuaded Hovnanian to miss an interest payment, triggering a payout.
Meanwhile, the statutory limit on Treasury Department borrowing would be suspended until at least July 31, 2021, erasing the possibility of a default on debt through the November 2020 U.S. election.
Trump's Treasury Department warns that not increasing or suspending the limit would cause the government to default on its obligations, an unprecedented event that would almost certainly spark another financial crisis.
Mozambique acknowledgment in 2016 of the undisclosed lending prompted the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a default on its sovereign debt.
After that, Republicans used strong-arm tactics — like threatening to default on the nation's debt — to impose federal budget cuts, even though the recession-damaged economy required more spending, not less.
On Tuesday, the company said it would not be able to file its annual financial statement in time, warning that it could default on some of its debt as a result.
Even before the storm brought Puerto Rico to a near standstill, the government there already struggled with an economy in shambles and a default on billions of dollars of public debt.
McConnell said passing hurricane relief, preventing a default on government debt and avoiding a shutdown of the government were the immediate priorities as Congress resumed its work after an August break.
VTB Capital, the investment-banking arm of Russia's second-largest bank, launched the sale after a default on a 150 million euro bridging loan to an indirect holding company of Vivacom.
JPMorgan's role shows how conflicted the bank has become — if it chooses against lending to WeWork, the startup's property fund is more likely to default on its Lord & Taylor building mortgage.
The company said on Tuesday that it would include an option in its Health application, included by default on new iPhones, for users to register as organ, eye and tissue donors.
The investments have raised concerns that poor and emerging nations like Djibouti and Sri Lanka could be increasingly beholden to China, which can seize local assets if countries default on loans.
The Treasury Department has avoided total economic crisis by taking "extraordinary measures" to ensure the US doesn't default on its loans, but that can only last so long without Congress acting.
If a lot of companies start to default on their debt, it could blow back not only directly on banks, but also other lenders and investors that do business with them.
This disregards the breathtaking fraud that has been documented specifically at for-profits — and the fact that their students take on greater debt and are more likely to default on loans.
Over the past 10 years, endless brinksmanship on funding the government or averting a default on the credit of the United States has been as predictable as it has been irresponsible.
The law firm said in an emailed statement that the company "was and has always been inactive" and was struck off by the Registrar of Companies for default on Jan. 1.
Critics say the changes could make it more likely Italy will have to restructure, or even default on its debt, which is proportionally the highest in the euro zone after Greece's.
You can see this attitude in the willingness to shut down the government, the threats to default on the national debt and the stated desire to make Obama a failed president.
Senate Majority Leader Mitch McConnell's insistence that the U.S. government will not default on its debt may have laid the ground work for a potential rally, CNBC's Jim Cramer said Tuesday.
"(This agreement) demonstrates this country's responsibility toward international investors," said Del Pino, amid worries on Wall Street that Venezuela may default on its debt or seek to avoid hefty arbitration payments.
Municipal systems more easily default on debt and face downgrades from credit rating agencies — which make borrowing more expensive for them — and are also more susceptible to market changes and fluctuations.
SHANGHAI, March 6 (Reuters) - Macrolink Holding Co on Friday became China's first developer to default on its bonds due to the coronavirus outbreak as the industry struggles with stagnant property sales.
Puerto Rico will default on nearly $22015 million worth of government debt on Monday, the most significant non-payment yet on some $21 billion that the island still owes its creditors.
"It really freaked the market out in '15 for a little while because people thought a lot of these shale producers were going to have to default on their loans," he said.
She said that SmartRecruiters changed the default on its technology from "reject without a note" to "reject with a note," so that candidates will know they're no longer involved in the process.
The country is once again at odds with creditors on the implementation of austerity measures, increasing the chances that Athens may default on its own debt in July when repayment deadlines hit.
That doesn't mean the old gendered emoji will disappear (they could still be accessible via a contextual menu) but the gender inclusive emoji could become the new default on the emoji keyboard.
It has never suffered a default on the $250bn that it has doled out over the years "We have been very prudent," says Takehiko Nakao, ADB president and master of understatement (pictured).
But S&P Global Ratings declared it in selective default on two of its sovereign bonds early this week after it failed to make the coupons within a 30-day grace period.
Again, these borrowers cannot move without paying into their homes and are 10 times more likely to default on their home loans than those who have even a small amount of equity.
Discovery of the previously hidden credits led the International Monetary Fund and Western donors to halt support to Mozambique, triggering the collapse of its currency and leading to a default on debt.
The cost of insuring against default on Toshiba's five-year yen debt in the market for credit default swaps TOSB5YJPAC=MG was indicated 8 basis points higher at 388/418 basis points.
President Trump might, as he has hinted, default on Treasury bonds or so disrupt geopolitical and trade relations that a slump results (the latter would be good for T-bonds, of course).
Additional questions weigh on the market, including what will happen if there is a default on the financing, or to the provider of the financing, used to purchase the retention, sources said.
Credit history is a credible signal: it is hard to fake, and, presumably, those with good credit scores are more likely to make good employees than those who default on their debts.
Officials threatened to impose a haircut on some of the biggest creditors, marking a default on China's "implicit guarantee", the widespread investor assumption that Beijing stands behind banks, no matter how rickety.
Although the Senate must still act on the debt limit, this rule takes a small step toward heading off debt limit showdowns that could cause the government to default on its obligations.
The kid-friendly version of Alexa ships by default on the Echo Dot Kids Edition but can be activated on an Echo, Echo Dot or Echo Plus that's already in your home.
It could choose to default on its bonds, but that would hamper oil sales and could cause the Maduro regime to fall as many-a-government has following a sovereign debt default.
Penn West said in May that it may default on its financial covenants at the end of the second quarter and raised doubts about its ability to continue as a going concern.
Black students are not only more likely to need to take on debt for school, graduates are also nearly five times as likely to default on their loans than their white peers.
Those wanting to stay in the euro say an exit would trigger a surge in interest rates and inflation, capital flight, a banking crisis and possibly a default on Italy's public debt.
S&P generates the credit scores using its CreditModel tool, which simulates the credit ratings that S&P Global Ratings uses to determine how likely a company can default on its debt.
Per Recode, the financing has sparked gossip throughout the mattress industry:They wonder what happens if the operators of Sleepopolis default on the Casper loan, giving the mattress company control of the site.
"If that occurred, the government would be unable to pay its obligations fully, and it would delay making payments for its activities, default on its debt obligations, or both," the CBO added.
They are also potentially sensitive to the amount of qualifying debt buffer relative to the recapitalisation amount likely to be needed to restore PB's viability and prevent a default on its deposits.
Citing critically low foreign currency reserves, Lebanon said on Saturday it could not meet upcoming debt payments, setting the stage for a default on a Eurobond that was due on March 9.
The anonymity that is the default on the net, a property that is liberating for the vulnerable and oppressed, also lets hackers, cowards, and frauds demean our conversations and erode our trust.
Republican leaders are intent on doing so — the Senate majority leader, Mitch McConnell of Kentucky, said last week that there was "zero chance" that Congress would allow a default on federal debt.
Venezuela's cash-strapped government on Tuesday vowed it was making debt payments responsibly, even as two ratings agencies declared partial default on a crippling debt load that has fueled hunger and disease.
JPMorgan said it remained alert to risks that customers would begin to default on their loans at a higher rate than the past few years, which have seen relatively low loss rates.
Op-Ed Contributor Sometime in October, the United States is likely to default on its obligation to pay its bills as they come due, having failed to raise the federal debt ceiling.
Tunghsu is the latest in a series of mostly private Chinese firms to default on debts, as the country's economic growth grinds to near 30-year low amid the ongoing Sino-U.
LONDON, Dec 12 (Reuters) - Fitch cut Lebanon's credit rating for third time in a year on Thursday, warning it now expected the crisis-hit country to restructure or default on its debt.
It did not help matters that before the hurricane, the island was forced to default on its public debt mountain and was placed by Congress under the tutelage of an Oversight Board.
The event triggered a default on the 500 million renminbi of commercial paper as the subsidiary missed the grace period of 10 days, following the maturity date of the bankers' acceptance bills.
Soon the public sector will not be able to pay its salaries, and a complete blackout of electricity is likely imminent, followed by a state default on the Eurobonds and treasury bills.
The company's five-year credit default swap, reflecting the cost of protecting against a default on its debt, jumped 349 basis points from Thursday's close to 2199 basis points, IHS Markit data showed.
The company, which is in default on its debt payments, did not give details about the transaction but said it will not generate cash flow for ICA and will provide working capital instead.
Hitting that so-called "debt ceiling" could trigger a U.S. default on its debt and an immediate recession, a risk that has become a regular facet of U.S. politics over the last decade.
If Reservoir should default on repaying or servicing the loan, which it could as the company has no current operations, Reservoir's stake in the Timok project could revert to Shandong Xiangguang, it said.
They are also potentially sensitive to the amount of qualifying debt buffer relative to the recapitalisation amount likely to be needed to restore PB's viability and prevent a default on the bank's deposits.
Yes, but: A brewing trade war between the U.S. and China could limit Tesla's upside in China, and should Tesla default on its loans, Chinese interests could wind up with a bigger stake.
WASHINGTON (Reuters) - The United States will not default on its debt and will raise its debt limit in some fashion, U.S. Senate Leader Mitch McConnell said on Thursday in an interview with Politico.
The top Democrats on two House committees are urging President Trump to make sure that the U.S. doesn't default on its debt, as the borrowing limit is set to be reinstated this week.
South African Airways (SAA) was last month provided with emergency state funds from the Treasury to repay 3 billion rand in loans from Citibank amid concerns the airline would default on its payments.
According to U.S. Department of Education data, 45 percent of college dropouts default on student loans compared with only 8 percent of those that earn bachelor's degrees and 22 percent with associate's degrees.
The cancellation of the Lazaro Cardenas contract raises questions about ICA's immediate prospects after it said it would default on two separate interest payments totalling about $37 million in order to privilege operations.
Deutsche Bank officials were worried enough that President Donald Trump might default on loans after he was elected that the institution considered extending the repayment dates, according to a Bloomberg News report Wednesday.
SHANGHAI (Reuters) - China's state-owned Dalian Machine Tool Group Corp said it would take measures to avoid default on short-term bills after it was granted a 30-day grace period by bondholders.
VTB Capital, the investment banking arm of Russia's second-largest bank, launched the sale after a default on a 150 million euro bridging loan to an indirect holding company of Vivacom, InterV Investment.
That could make it harder for Puerto Rico's governor to make good on his threat to default on debt backed by Puerto Rico's constitution in the name of maintaining government services, Hanson added.
France would default on its sovereign debt if it unilaterally converted its euro-denominated obligations into new francs following Le Pen victory, a senior executive at ratings agency Standard & Poor's told The Economist.
Those who want to stay in the euro say leaving it would trigger a surge in interest rates and inflation, capital flight, a banking crisis and possibly a default on Italy's public debt.
Puerto Rico has begun to default on some of its bond issues and is negotiating with creditors to restructure its borrowings, but is facing a lawsuit from bond insurers who backed its debt.
Penn West has been under enormous financial pressure in recent weeks over its large debt burden, and said last month it might default on its debt at the end of the second quarter.
Shares of the embattled drug maker Valeant Pharmaceuticals dropped more than 50 percent on Tuesday after the company issued weak earnings guidance and warned of a possible default on some of its debt.
Glasscock ruled last year the lender had the right to purchase the ship for $7.8 million, minus various costs including the initial $2.49 million loan disbursement, because of a default on the loan.
Politicians in Washington are coalescing around a financial plan to rescue Puerto Rico, just weeks before an expected major default on bond payments that would spread more turmoil through the island's shaky economy.
The southern African state admitted in 2016 to undisclosed lending, prompting the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a default on Mozambique's sovereign debt.
The Trump administration has stopped seizing the wages, tax refunds and Social Security benefits of people who are in default on their federal student loans, an administration official confirmed to POLITICO on Tuesday.
The purge has come as the state-owned company, Petróleos de Venezuela, or Pdvsa, teeters on the brink of default on billions of dollars in bond debt amid the nation's worsening economic crisis.
Apps open by default on a single screen and you can drag them across the two displays with a mouse or touch to have them fully stretch and span across dual-screen devices.
The GDB, Puerto Rico's primary fiscal agent, said in a statement on Friday that it was still negotiating with other creditors in hopes of avoiding default on another $422 million due on Monday.
Failure to fund the government would result in a shutdown, while leaving the debt ceiling intact could cause the United States to default on some of its payments, risking a global financial panic.
Fitch therefore views the risk of default on San UK's senior obligations, as measured by the Long-Term IDR, is lower than the risk of the banks failing, as measured by the VRs.
Harbour, city lawyers said, has been selling "substandard" homes to buyers in Cincinnati who often default on the contracts because they cannot pay for the repairs or keep up with the monthly payments.
OMA said Santander sold 3.7 million "series B" shares, which were part of an equity swap with Aeroinvest, a subsidiary of ICA , Mexico's largest construction company which is in default on debt payments.
The country has $80 billion worth of debt due in 2019 and 2020 — raising the prospect that the country could default on investor debt for the third time in less than 20 years.
Such a stay would preempt a possible economically damaging legal battle in the courts with creditors if Puerto Rico were to default on its more significant debt obligations due in May and July.
Naftogaz said on Friday that the charter change imposed by the ministry violated the terms of the energy firm's loan agreement with the EBRD and could lead to a default on the debt.
A U.S. default on its debt could trigger an international economic crisis, though Treasury Secretary Steven Mnuchin said in his confirmation hearing that he would support raising the debt ceiling in some form.
The source said that should ASPI default on its debt, this would in turn hit the ability of Atlantia, which owns 88% of ASPI, to repay 5.3 billion euros of its own debt.
The House will press ahead with its work on the Puerto Rico Oversight, Management and Economic Stability Act in the coming week, with the commonwealth expected to default on paying billions in debt.
It has been effectively in default on its $26.5 billion in unsecured bonds since early November, and it owes roughly $60 billion more to its service companies that drill and maintain its fields.
It might seem odd in an era defined by stagnant wages and rising income inequality for the long arm of the law to be cuffing Americans who default on their federal student loans.
Jeroen Dijsselbloem of the Eurogroup said that Greece and its creditors will not reach a deal before a meeting scheduled for next Monday, which increases concerns that Greece may default on its debt again.
Sheck reveals why the word is his default on "Gmail," a menacing song mimicking a menacing song with synths that sound like the spacy stuff Tangerine Dream was using in their 70s film work.
But studies show that students at for-profit universities are less likely to graduate and and more likely to have significant debt and default on their loans, compared to traditional 4-year-degree counterparts.
A wrangle over rules to protect thousands of borrowers in default on their loans from losing their primary residence delayed the release of 0003 million euros from Greece's euro zone creditors earlier this month.
Puerto Rico Defaults on Debt Payments | The default on about $174 million was expected, but the decision of the island's governor, Alejandro García Padilla, to order a so-called clawback of cash drew criticism.
The big picture: The number of Americans in default on their car loans is hitting record highs, but the default rate is not: Auto lenders have been issuing many more loans in recent years.
A favorable report would clear the way for euro zone finance ministers to disburse new loans, without which Greece would default on its debt in July when it faces a 1.83 billion euro repayment.
If a fractured government fails to raise or temporarily suspend the debt ceiling, the United States could default on its debt, raising its borrowing costs and potentially throw the global economic system into chaos.
We actually announced, in writing, a commitment from the government that will pay every single use of the private sector within 280 days and that is happening without a single default on that position.
BUFFETT: yea not at all I mean anytime a debt limit comes up, I'm not sitting there thinking you know is the united states going to default on debt or anything of the sort.
With news that Google has backtracked on its promise to not log all conversations by default on its new chat app Allo, I decided to take its next-generation artificial intelligence for a spin.
Performance Sports Group, which said in August that it may default on its loans due to a delay in filing its annual report, had Centerview Partners Holdings LLC to help negotiate with its lenders.
The share price skidded 50 percent when former Chief Executive officer Michael Pearson, back after a long medical leave, said the company would not meet its earnings goals and might default on its debt.
Swedish policymakers and bankers seem remarkably sanguine that, even if there were a correction, households would not default on their mortgages, although the broader economy would suffer as households cut back on other spending.
Valeant has lost more than half its value since mid-March, after it said a delay in the filing of its annual report could put it at risk of a default on its borrowings.
To the Editor: If a single-payer system is put in place, beware: Not only will some hospitals go out of business and doctors default on their mortgages, but far worse is in store.
Credit rating agencies judge Congo to be at risk of default on its Eurobond because of its debt troubles, which have been exacerbated by a $1 billion legal dispute in a United States court.
Deutsche Bank executives were reportedly worried in the aftermath of the 2016 presidential election that the Trump Organization might default on millions of dollars in loans, and discussed how to guard against that possibility.
By analyzing the rate of default 20 years after graduation for those who started college in 1995 and 2003, the report predicted that nearly 40% of borrowers could default on their loans by 2023.
An index of credit default swaps in the European financial sector, the cost of insuring against default on "junior" bank debt and effectively a measure of counterparty risk and stress in the banking system.
A compromise between Congress and the Obama administration early this summer allowed Puerto Rico to avoid a very likely default on its massive $21625 billion debt, of which $2900 billion is owed by PREPA.
The company's ability to scrape together enough money before Friday makes it likely that PDVSA will avoid default on the next big payment, according to Raymond Zucaro, chief investment officer at RVX Asset Management.
The consequences of that particular mistake are likely to be trivial, but what if the computer is sorting through people instead of cars, and categorizing them for risk of default on a home loan?
With banks increasingly taking action against corporations that default on loans, a senior government official said companies are likely to keep a lid on capital outlays unless they see visible returns on new investments.
"The Secretariat could face a default on salaries and payments for goods and services by the end of November unless more Member States pay their budget dues in full," Stéphane Dujarric, Guterres' spokeman said.
Bank stocks have been clobbered because investors worry that their lending businesses will become less profitable as lower interest rates kick in, and because of fears that struggling companies could default on their loans.
The new executive actions, which the Trump administration is expected to announce this week, provide a reprieve for the more than 9 million federal student loan borrowers who are in default on their debt.
If Pruitt, at the urging of President-elect Trump, allows the United States to default on the Paris Agreement, this could burden individual states with finding new ways to meet the nation's emissions goals.
The group became the venue for eurozone members to debate how to help nations like Cyprus address bank-system failures, a looming Greek default on government debt, and severe economic downturns across the region.
The stocks of two once mighty Marcellus Shale pioneers, Range Resources and EQT, have plummeted, and their bonds are trading at steep discounts, a sign that investors believe they could default on their debts.
Salvini's hostility towards the European Union also stoked fears among investors that the country may quit the euro and default on its 2 trillion euro debt, pushing up borrowing costs for companies and consumers.
WeWork could default on some of its real estate obligations as it struggles to raise fresh funding following the office-sharing firm's failed initial public offering, mega-developer Don Peebles told CNBC on Tuesday.
Student loan borrowers in the United States collectively owe almost $1.5 trillion in student debt, and according to the Brookings Institute, almost 40 percent of borrowers will default on their student loans by 2023.
In the wake of Puerto Rico's default on this massive debt, Congress last year passed the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) to create a plan to deal with the crisis.
Practically speaking for Trump, that meant getting disaster aid to Texas, keeping government running and preventing a default on America's debt, which would have also put a halt to Social Security checks going out.
CARACAS (Reuters) - Despite being in default on most of its debt, Venezuelan state oil company PDVSA has made a $90 million interest payment on a bond largely purchased by Goldman Sachs Group Inc (GS.
There are some of the libertarian members who are interested in privacy, but then they default on those committees to defining privacy the way AT&T, Comcast and the internet service providers define it.
Edge can only claim about five percent of the total, trailing even the browser it replaced as the default on Windows computers, Internet Explorer, which is still used by about 14 percent of PC owners.
That means a rudimentary deep-learning system for doling out loans could illegally deny applicants based on their race, just because it noticed that African-American borrowers default on loans more often than white borrowers.
The Obama administration — with input from Republican Congressional leaders — appointed a fiscal oversight board that imposed a draconian austerity plan on Puerto Rico in response to the island's default on its $74 billion dollar debt.
Google and Apple can include their own assistants on board as the default on their phones, leading to install bases that could number in the billions instead of the 100 million Alexa devices Amazon has.
U.S. companies are trying to stop speculative investors from calling events of default on leveraged loans to get payouts under credit default swap (CDS) contracts at the expense of other lenders as investor activism rises.
Once Asia's biggest trader of commodities, Noble Group endured another rocky week, after S&P Global cut its credit rating, which already carried "junk" status, and warned that the company might default on its debt.
HP's strategy with the Omen computer gaming series seems to be price aggressively on what gamers would want, but only partially, as there's no 144Hz refresh rate option by default on any of the models.
The rate of Liberty graduates who default on their loans within three years of graduating is 9.9 percent, several points higher than the average for nonprofit colleges, though still below that for for-profit colleges.
Valeant pledged on Monday to file its annual report on or before April 29 after missing a deadline last week, which opened the door to a default on part of its $30 billion debt load.
Google has slowly shifted in favor of HTML5 in recent years, adopting the format as default on YouTube, and making it easier for ad creators to switch their campaigns from Flash to the newer format.
Users can also choose whether or not to share certain content, there's a default on / off switch for sharing and each individual piece of content will also have a toggle to enable or disable sharing.
Argentina fell back into default in July 27.06 after former leftist leader, Cristina Fernandez refused to negotiate better terms than those offered in bond swaps that followed Argentina's then-record 2002 default on $100 billion.
Such a move could make it easier for GOP congressional leaders to get a politically fraught debt ceiling increase cleared before the end of the month when the US government could default on its debts.
The sanctions are likely to mean Rusal is unable to pay the coupon, due on May 3, on one of its Eurobonds, putting the company in technical default on the paper, investors and analysts said.
Meanwhile, the statutory limit on Treasury Department borrowing would be suspended until at least July 31, 2021, in an attempt to erase any possibility of a default on debt through the November 2020 U.S. election.
The state of 1MDB's finances has been a major concern after a highly publicized default on a series of bonds in 2016, which triggering fears that Kuala Lumpur would have to bail out the fund.
"If you default on PDVSA, you have Argentina 2, and nobody wants that," said Pablo Venturino, managing director of White-Bridge Capital Management, a New York investment firm that specializes in Latin American debt securities.
Black graduates with a bachelor's degree default on their loans — meaning they do not make a payment for 270 days — at five times the rate of white graduates, a January 2018 Brookings Institution report found.
Kerber says that a default on some of the government and company bonds bought by the Bundesbank would wipe out its equity and fears that a verdict on his complaint may not come in time.
France would default on its sovereign debt if it unilaterally converted its euro-denominated obligations into new francs following a National Front election victory, a senior executive at ratings agency Standard & Poor's told The Economist.
In most cases, the agencies do not simply perform traditional collection activities, but rather, engage borrowers that are in default on how best to successfully achieve loan rehabilitation, pursue loan discharge, or consolidate their loans.
John B. King Jr., the secretary of education, said the department took action to protect both ITT's students and the taxpayers who are on the hook for losses when students default on their federal aid.
"A default on U.S. treasury bonds would be catastrophic to the global economy – whereas changes in policy (while painful for those whose future benefits were diminished) would barely register on the economic horizon," he wrote.
Dubai's economy wobbled in 2000, when a global credit crisis caused its real estate market to crash and threatened to force some of its state-linked companies to default on billions of dollars of debt.
BEIRUT (Reuters) - Lebanon is set to default on its sovereign debt for the first time after the government suspended a repayment, saying foreign currency reserves are critically low and the country cannot afford to pay.
Amazon offers an Alexa smartphone app too, but the Google Assistant is directly accessible by default on some Android phones — including Google&aposs own Pixel smartphone lineup — just by pressing and holding the home button.
A more recent example was the showdown over the federal debt ceiling in 103, when Standard & Poor's downgraded United States government securities for the first time amid fears the government might default on its debt.
Since the taxes don't come close to covering the spending, there are only two choices: Authorize more borrowing or force the world's largest borrower to default on its obligations, most likely causing a financial crisis.
Similarly, he has repeatedly voted against legislation to raise the debt ceiling, without which the federal government would shut down and possibly even default on its obligations, neither of which seemed to bother the congressman.
If Congress does not take action by the deadline, the U.S. would not be able to borrow in order to cover its costs, and thus default on its debt and miss other crucial government payments.
STRASBOURG, Oct 3 (Reuters) - Italy's European Affairs Minister Paolo Savona told European Union lawmakers on Wednesday that there was no chance Italy would default on its debt, according to a person who attended the meeting.
Noble, which said earlier it would not make the redemption payment on the maturing bonds, confirmed the default on Thursday and said it will announce more details on the proposed restructuring at an appropriate time.
Meanwhile, Congress faces a series of fiscal deadlines before the end of next month, including passing a bill to fund the government which would avert a government shutdown and a default on the national debt.
They have not seen increases in their incomes as workers, often do not complete their college program and are more likely to default on their loans, while missing out on job-related income and training.
Lawmakers and economists from both parties agree that the debt ceiling should be raised and warn that failing to do so would mean a default on the nation's debt, which could cause global economic chaos.
Valeant filed its 2015 financial report in late April, after missing an original deadline of March 15 due to an in-house review of its accounting practices, allaying concerns about a possible default on its debt.
"TraceViewer," created in 2013 and installed by default on North Korean phones, takes periodic screenshots of browser history and bulk exports the screenshots to inserted memory cards, making it nearly impossible to hide non-state media.
The Malaysian fund said the missed interest payment caused a cross-default on its 5 billion ringgit ($1.28 billion) sukuk (Islamic bond) due in 2039 and a 2.4 billion ringgit sukuk due between 2021 and 2024.
The turning point in the legal fight stemming from Argentina's record default on around $100 billion in 2002 comes less than two months after President Mauricio Macri took office and expressed his commitment to a deal.
The Malaysian fund said the missed interest payment caused a cross-default on its 13 billion ringgit ($1.28 billion) sukuk (Islamic bond) due in 2039 and a 2.4 billion ringgit sukuk due between 23.9300 and 23.9330.
Mortgage agreements allow banks to charge homeowners for the appraisals if they default on their mortgage loans, but Wells Fargo added large mark-ups to the amounts its third-party vendors charged, the 2012 lawsuit said.
Some "promoters" of companies, as founding shareholders of Indian companies are known, have long made full use of a loophole of local corporate law that thwarted banks' attempts to seize companies in default on their loans.
This forced Dubai to seek a $20 billion bailout from oil-rich Abu Dhabi to escape a debt crisis, which had threatened to force some state-linked companies to default on billions of dollars of debt.
In an eight-page letter sent on Wednesday, Brough laid out why the restructuring was the only option for the company's survival as it was already in default on its $3.4 billion of its debt obligations.
Credit rating agencies judge Congo to be at risk of default on its $363 million Eurobond because of its debt troubles, which have been exacerbated by a $1-billion legal dispute in a United States court.
The review is needed so that Greece can receive financial aid and avoid a possible default on looming debts just as Greece has largely been left to fend for itself in dealing with Europe's migrant crisis.
"The owners of these malls will default on their loans, leading to liquidation sales and large losses," according to a white paper published by MP Securitized Credit Partners on the "Short Investment Opportunity" against CMBX 6.
While the United States is unlikely to default by becoming unable to pay its creditors because it prints its own money, it can default on the value of its debt in other ways, namely through inflation.
Instead of default on debt by failure to pay creditors sufficient currency, default by inflation occurs by devaluing the currency, thus returning less value to creditors than they had initially loaned money over to the government.
WASHINGTON (Reuters) - Senate Majority Leader Mitch McConnell declined on Tuesday to predict when the U.S. Congress would act to approve a new U.S. debt ceiling, but said he saw no chance of default on debt payments.
About 20 percent of defaulted borrowers put their loans through rehabilitation, so while there are currently about 8 million people in default on the books, the actual number of defaulters is closer to 9.6 million people.
His claim on August 30th that Argentina was in "virtual default" deepened the market sell-off (Standard & Poor's, a rating agency, also declared that there had been a temporary, selective default on some of Argentina's obligations).
But analysts warned last week that traders could be spooked if they grow to believe a shutdown bodes poorly for raising the federal debt limit this spring, in time to prevent a government default on debt.
The exhibition, which closed Sunday, was divided between two cities — Kassel and Athens — in part to draw attention to the failures of the capitalist system that led to Greece's near-default on its debt in 2010.
The escalating tensions between the Republican president and the Republican Congress endanger delicate negotiations in the coming weeks to overhaul the tax system, keep the government running and avoid a costly default on the country's debt.
In its guidelines for law enforcement Ring states that the company provides access to device video in response to a warrant, but they do not mention audio recordings, which are enabled by default on Ring devices.
Economic experts were quick to note that United States debt is widely viewed as the safest investment on the planet, drawing questions about a presidential candidate openly discussing some degree of a default on Treasury bonds.
Similarly, it is difficult to think that global financial markets would not be roiled by any prospect that Italy, the world's third-largest sovereign bond market, might be forced to default on its public debt mountain.
HOUSTON (Reuters) - Natural gas producer Chesapeake Energy Corp, which last month warned it could default on its debt, has slowed talks on a deal to sell $1 billion in assets as it scrambles to restructure debt.
The loans, which were not disclosed to donors like the International Monetary Fund, spurred donors to cut off support when they were disclosed in 2016, triggering a currency collapse and a default on Mozambique's sovereign debt.
Twelve years out of school, more than half of students who attended for-profit colleges default on their loans, compared with 85033 percent of students from public four-year colleges, and 26 percent from community colleges.
Throughout the beginning of the Obama administration, the party had forced a series of high-profile and reckless series of confrontations with the president, risking a default on the US debt in both 2011 and 2013.
Over the next several months, Republicans will have to figure out how to cut deals with Democrats to avoid a default on the national debt and avert a government shutdown, among several other must-pass items.
One reason: If Mr. Trump were to default on his loans, Deutsche Bank would have to choose between seizing his assets or cutting him a lucrative break — a situation the bank would rather resolve in private.
Even though state-run power utility Corpoelec was declared to be in default on Friday for failing to make an interest payment on time, investors were heartened when the company said it had sent the money.
With Greece at odds with its creditors and growing fears that it may default on its debt, a member of an opposition party believes Athens will strike a deal to remain a member of the euro zone.
The cohort default rate — a measure of how many students default on their student loans within three years of leaving school — rose overall to 11.5% for those leaving school in 2014, up from 11.3% the year before.
The private sector uses such tools all the time, to predict how likely people are to default on a loan, get sick or be in a car wreck, or whether they will click on an internet ad.
It was not uncommon for employees not to follow up after denials "because we were lazy," said Z. As a result of the mishandling, two employees said, they sometimes saw clients thrown into default on their loans.
With elections this year in the Netherlands, France and Germany, Greece and its lenders have a few weeks to cobble together a deal, which will help Athens stave off a default on bailout loan repayments in July.
Zelenskiy told Reuters he would not allow Ukraine to default on its debt commitments to the International Monetary Fund (IMF), which has propped up the economy with billions of dollars in loans and provides reassurance to investors.
The drugmaker said it was asking its lenders for another month to file its annual report, seeking to reduce the risk of a default on its $30 billion debt if it misses the current April 29 deadline.
It was not immediately clear if the clauses apply to all of the firm's debt obligations, leaving open the risk that it could default on all of its loans if it misses payment on one of them.
Treasury Secretary Steven Mnuchin has asked Congress to address the debt ceiling before the August recess to reassure markets that the United States will not default on its debt, an event that would have worldwide economic consequences.
CEFC Shanghai International Group Ltd, a subsidiary of China CEFC Energy, on Monday became the latest company to default on bond payments after it missed principal and interest payments totaling 2.09 billion yuan due on May 21.
The debt deal, which removed the imminent threat of default on the company's near 10 billion euros of debt, also gives creditors a say on who should be on the board and what assets Steinhoff should sell.
The rule calling for parity between defense and nondefense programs was born out of the pitched spending fight that nearly caused the government to default on its debt in 2011 and was reinforced by subsequent spending deals.
While Safari accounts for a relatively small share of the overall browser market, it is nonetheless, of course, the default on popular Apple products, and there's always a chance the company could expand the feature to mobile.
Nullifying those laws - and the payment of all holdout creditors who agree to Argentina's proposal by February 29 - are conditions for lifting the injunction that effectively forced the sovereign to default on its restructured bonds in 2014.
Ever since Apple made encryption default on the iPhone, the FBI has been waging a war against encryption, complaining that cryptography so strong the company itself can't break it makes it harder to catch criminals and terrorists.
In recent years, the proponents of Modern Monetary Theory, which holds that countries like the United States that control their own currency can't default on their debt, have been the loudest advocates for dramatically increasing debt spending.
If lawmakers do not pass a bill by July 1, Puerto Rico is expect to default on roughly $2 billion of debt payments, which would be by far the largest missed payments so far for the island.
It risks an inadvertent mistake that might result in default on our debt, which would have a long-term impact on the creditworthiness of the United States and on interest rates paid by consumers across the country.
The island started missing bond payments in January and it is expected to default on a nearly $2 billion payment due on July 1, which will surely prompt creditors to file a wave of lawsuits seeking repayment.
Shelby Church, who has 1.2 million subscribers, said she usually includes one pre-roll ad before the video, which she said is the default on YouTube, and two ads within the video, three or four minutes apart.
Once he identifies chinks in the wording of particular clauses he plots a way to construct trades using derivatives on whether a company will default on its debts, which would lure rivals to take the other side.
Previous polls have shown that many voters are unaware that failure to raise the debt ceiling could result in a financial crisis or a recession, as it would cause the US government to default on its debt.
Looming large over the proceedings is July 85033, when the island is expected to default on roughly $2 billion of debt payments, an event experts warn could lead to a raft of messy litigation from spurned creditors.
The Republican Study Committee has put forward plans to "defang" the debt ceiling that would ensure the nation would not default on its debt and instead institute severe spending restraints in the event it was not lifted.
On the heels of the airline industry's request for more than $50 billion in US government support, an industry group representing airports requested a $10 billion package from the government and warned it could default on bonds.
CARACAS (Reuters) - Venezuelan President Nicolas Maduro said on Sunday the country would never default on its debt, a day before debt talks with creditors that will be overseen by two officials under sanction by the United States.
Companies that are rated investment grade — meaning that they are the least likely to default on their debts — are having an easier time borrowing from banks or by selling bonds directly to investors via the public markets.
BEIRUT, March 22013 (Reuters) - Lebanon is set to default on its sovereign debt for the first time after the government suspended a repayment, saying foreign currency reserves are critically low and the country cannot afford to pay.
What has changed, many argue, are the fortunes of President Nicolás Maduro, who is seeking to remain in power despite two years of food and medicine shortages and a looming, potentially catastrophic, default on its foreign debt.
Mozambique — one of the world's most indebted countries — admitted in 2016 to undisclosed lending, prompting the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a default on its sovereign debt.
Mozambique — one of the world's most indebted countries — admitted in 2016 to undisclosed lending, prompting the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a default on its sovereign debt.
Anonymous sources told Bloomberg the company was considering letting users choose third-party apps as their default on its mobile devices, meaning a user could switch away from the Safari mobile browser or the Mail email app.
An International Monetary Fund delegation began meetings Thursday in Lebanon to provide advice on dealing with the crippling economic and financial crisis amid concerns the country might default on its Eurobond debt payment for the first time.
That business also includes subscription content services such as Apple Music and Apple TV+, iPhone warranties, and licensing revenue, such as the fee that Google pays Apple to make its search engine the default on the iPhone.
A severe recession added to the problems by making many companies default on loans, saddling banks with soured debts that - if they are written down at their market value - would blow a capital hole in their accounts.
TO said on Wednesday it was asking its lenders for another month to file its annual report, seeking to reduce the risk of a default on its $30 billion debt if it misses the current April 29 deadline.
In a phone interview with CNN Monday morning, Donald Trump said something startling: The US, he insisted, will never have to default on its debts, because it can always print more money: This is the United States government.
Gmail only recently rolled the feature out as a default on the desktop for its 1.4 billion active accounts and the company told the Journal that around 10 percent of all Gmail responses are generated by the tool.
"Fairsearch rejects as insufficient Google's launch today of a choice screen for Android because it does nothing to correct the central problem that Google apps will remain the default on all Android devices," it said in a statement.
"FairSearch rejects as insufficient Google's launch today of a choice screen for Android because it does nothing to correct the central problem that Google apps will remain the default on all Android devices," it said in a statement.
In other derivatives markets, the spread on South Korea's 5-year credit default swap KRGV5YUSAC=MG—the contracts that offer investors protection against default on debt—reached a 10-month high of 60 basis points on April 17.
Coal producers that default on more than 10 percent of supplies for a contract and do not have at least 75 percent of their sales through long-term contracts by April 30 will be charged higher power prices.
Amazon's been rolling out a series of incremental but still useful Alexa features over the past several months, particularly around Amazon Music — the service Amazon would love for you to use as the default on your Echo devices.
Theranos, the disgraced blood testing company, is in dire financial straits and may have to default on a $100 million loan, according to a letter to shareholders from its CEO Elizabeth Holmes that was obtained by BuzzFeed News.
Valeant had said it would file its report by April 29, although it had an extension agreement with its creditors to delay the filing until June 11 to stave off a possible default on its $30 billion debt.
The country's public debt stands at 2.3 trillion euros, or 130 percent of the country's GDP, which far exceeds EU limits; authorities in Brussels fear that Italy's spendthrift budget will cause the country to default on its loans.
The company said last week it had asked its lenders for another month to file its annual report, seeking to reduce the risk of a default on its $30 billion debt if it missed the April 29 deadline.
WASHINGTON, July 9 (Reuters) - Senate Majority Leader Mitch McConnell declined on Tuesday to predict when the U.S. Congress would act to approve a new U.S. debt ceiling, but said he saw no chance of default on debt payments.
A 2014 BFAMFAPhD report cited a US Department of Education finding that 7 of the top 10 most expensive schools in the country are art schools and offered percentages of art-school graduates who default on their loans.
High Efficiency formats are enabled by default on iOS 11, but if you're not sure if it is or if you've accidentally turned it off, go to Settings > Camera > Formats > and select "High Efficiency" instead of "Most Compatible".
Congress will try to send it to President Barack Obama to sign into law by July 1, when Puerto Rico faces a potential default on a chunk of its debt if it cannot make a $1.9 billion payment.
We therefore consider that the risk of default on UBS AG's and UBS Switzerland AG's senior obligations, as measured by the Long-Term IDRs, is lower than the risk of the banks failing, as measured by their VRs.
Individuals tend to default on card debt first, and chasing after them in court is time-consuming, while recovery rates, sometimes estimated at below 16 percent, compare poorly with between 50 percent to 60 percent for corporate borrowers.
Controlling the risk of default on these loans can be difficult in China, where there isn't a reliable credit rating system for individuals comparable to the U.S., said Yale Zhang, managing director of consultancy Automotive Foresight in Shanghai.
The officials also raised concerns about a situation in which Trump could win the presidency and default on the loan, in which case the bank would have to seize assets from the president or not collect the debt.
Borrowers are in a precarious position that makes them easy targets for relief scams — as many as 40% of borrowers could default on their student loans by 2023, Business Insider previously reported, citing the 2018 Brookings Institution report.
Student loan borrowers from mostly black neighborhoods are almost twice as likely to default on their debt as borrowers from neighborhoods that are mostly white, according to research released Wednesday by the Federal Reserve Bank of New York.
Given the damage from that storm and the threat posed by others menacing the Atlantic Coast, Mr. Trump and House and Senate Republicans could hardly afford to either let the government shut down or default on its obligations.
Since early November, Pdvsa has been effectively in default on its $26.5 billion in unsecured bonds, and it faces claims of $60 billion in missed payments from its contractors and service companies that drill and maintain its fields.
WASHINGTON (Reuters) - A high-ranking Republican senator on Tuesday dismissed as "not satisfactory" draft legislation aimed at addressing Puerto Rico's fiscal crisis before a looming debt default on May 1, deepening intraparty divisions on the complex rescue effort.
BEIRUT, March 9 (Reuters) - Lebanon has not reached the point of disorderly default on its debt but will pursue this option if creditors are not willing to negotiate, Lebanese Finance Minister Ghazi Wazni told broadcaster LBC on Monday.
House Speaker Nancy Pelosi suggested on Tuesday that she and Treasury Secretary Steven Mnuchin may be within striking distance of a two-year agreement to avoid billions in automatic spending cuts and a default on the nation's debt.
The guarantees not only subsidized the project by reducing the owners' cost of borrowing, they also put taxpayers on the hook for billions of dollars should the project go belly-up and the owners default on the loans.
Last month, Reuters reported here distressed investor Marble Ridge Capital LP said that Neiman Marcus may be in default on its debt after it moved its Mytheresa business into an entity belonging to the retailer's private equity owners.
The health care system in the United States is organized around our current prices, meaning that huge reductions in payments could be disruptive, with the potential to cause hospitals to close or doctors to default on their debts.
"As a consequence of severe fiscal, external, and political pressures, we believe a distressed exchange or unilateral default on Lebanon's commercial debt is virtually certain at this point," an analyst report from S&P Global said last week.
But borrowers of reverse mortgages can, in fact, default on their loans and lose their homes through foreclosure, if they fail to make necessary payments for property taxes, insurance or home maintenance, or do not meet other requirements.
Those loans are often tied to their land, so if they default on that loan, they're going to lose their land — and keeping their land is the very reason they decided to do this in the first place.
Nearly 20 percent of first-time undergraduate students at for-profit colleges will default on a federal loan within six years, compared to just seven percent and six percent of similar students at comparable colleges and community colleges.
" While Venezuelan bond holders have earned 27 percent in the last year — Venezuela has, surprisingly to some, not defaulted on its debts — "these are the only winners ... in a system that's decided to default on everyone except bond holders.
In 2011 the failure to raise the debt limit in a timely way and the possibility that the U.S. government might default on its obligations led to the U.S. losing its prized triple-A credit rating from Standard & Poor's.
It was 1994 and the land once known as "Trump City" was an embarrassing boondoggle, crumbling at the feet of an erratic namesake who took out $400 million in loans and seemed all too willing to default on more.
Puerto Rico's governor on Friday renewed his plea for Congress to provide bankruptcy protection for the debt-ridden island, after two bond insurers filed lawsuits over his decision to default on millions of dollars in bond payments last week.
CARACAS, Nov 12 (Reuters) - Venezuelan President Nicolas Maduro said on Sunday the country would never default on its debt, a day before debt talks with creditors that will be overseen by two officials under sanction by the United States.
SHANGHAI (Reuters) - Nearly three weeks after Chinese regulators took over troubled Baoshang Bank, a mid-sized mutual fund house in Beijing suddenly became unable to borrow cash in the interbank market and was forced to default on some products.
KEY RATING DRIVERS The senior secured notes are rated in line with Together's Long-Term Issuer Default Rating (IDR) as Fitch views the probability of default on the notes as the same as the probability of default of Together.
Of the 75 per cent of Qatari families in debt - most owe more than 250,20113 riyals ($68,700), according to a 2014 Qatar National Development Strategy report - only a handful default on their loan payments, an offence punishable by prison.
OSLO (Reuters) - Sweden's Vattenfall is seen as the buyer of a Norwegian power trader's portfolio after his default on Nasdaq's Nordic commodities exchange last month, confirming on Tuesday it was among the firms asked to participate in the auction.
Congress must act to avoid a first-ever default on U.S. debt, and both Democrats and conservative Republicans might try to use the drop-dead deadline as a bargaining chip for pet proposals as they have in the past.
Though, given that a chronological timeline remains not the default on Twitter, with algorithmically surfaced 'interesting tweets' instead being most actively pushed at users, it seems unlikely this change will have a major impact on mitigating any disinformation campaigns.
Mozambique - one of the most indebted countries in the world - admitted in 2016 to undisclosed lending, prompting the International Monetary Fund and foreign donors to cut off support, triggering a currency collapse and a default on its sovereign debt.
Performance Sports Group lost more than half of its market value on Monday after the company said it could default on its debt due to a delay in filing its annual report as a result of its internal investigation.
Several attendees said they welcomed the CFTC's decision to step into the fray, which stems from a controversial arrangement in which US homebuilder Hovnanian agreed to default on some of its debt in exchange for a low-cost loan.
A Harvard–Harris Poll in June found that an astonishing 69 percent of voters were opposed to Congress raising the debt ceiling, even though the failure to do so could lead the United States to default on its debt.
Puerto Rico's default on most of a $422 million debt payment on Monday puts the spotlight back on Washington to enact a rescue package for the island, and congressional aides said a revised bill would be introduced next week.
Rather, the only real hope for Turkey to stabilize its currency without resorting to exchange controls or to default on its debt would be for the country to restore investor confidence by seeking an IMF-backed economic stabilization program.
There's no way to tell from the company's filing how much of its $4 billion revenue backlog number would be at risk in a downturn in which its clients start terminating their agreements early or simply default on them.
Now Petróleos de Venezuela, known as Pdvsa, is effectively in default on its $26.5 billion in unsecured bonds, and it faces claims of $60 billion in missed payments from contractors and service companies that drill and maintain its fields.
Intu's combined credit score, which measures on a scale of 100 to 1 how likely a company is to default on its debts in the next year, was "1", Refinitiv Eikon data showed, indicating it was expected to default.
The Japanese Bankers Association requested that projects which already have signed loan contracts be exempted from the new rule, saying that a significant reduction in FIT price would threaten default on payments, it said in its comments to METI.
The move showed that, despite a broad default on billions of dollars in bonds, Venezuela is meeting some financial commitments, and the government of President Nicolas Maduro is able to transfer funds when it has reason to do so.
Cut off from bank lending and new state deals once it was named in the "Operation Car Wash" investigation, OAS decided on Christmas Day to default on a $16 million interest payment, according to a person at the meeting.
Although statistics are limited, about 5 percent of parent borrowers are now in default on loans they took out to send their kids to college - and that figure is likely to double over the course of repayment, said Martindale.
If the House passes the bill and President Donald Trump signs it, Congress knocks out end-of-September deadlines to raise the debt limit and avoid risking default on U.S. debt, and funds the government and avoids a shutdown.
While the Treasury can use so-called extraordinary measures to stop the government from running out of cash for a few months, failing to increase the borrowing limit could eventually lead to U.S. credit downgrades or even a default on loans.
In the summer of 2011, budget negotiations between then-President Barack Obama and Republicans in Congress went down the wire, with some members of Congress threatening to force the Treasury to default on its debt for the first time in history.
The analysis also noted that black students are more likely to default on a federal student loan within 12 years of starting college, and that by the time they default, these students owe more than the cost of their initial loan.
MUMBAI (Reuters) - More Indian companies are likely to default on their borrowings in the fiscal year that started in April compared with the previous year on higher interest costs and a deterioration in business conditions, according to rating agency ICRA.
Dubai needed a $20 billion bailout from oil-rich Abu Dhabi to escape a debt crisis in 2009 caused by collapsing property prices, which had threatened to force some state-linked companies to default on billions of dollars of debt.
The last time it did so, it was eventually hit with a $2.2 million fine by the Federal Trade Commission and a $17 million settlement for turning tracking on by default on its 11 million TVs without its users' consent.
The default on about $400 million of obligations owed by the Government Development Bank on May 1 was in part blunted by emergency measures undertaken by the governor's office to transfer public agency accounts to commercial banks on the island.
"He believes we can treat the U.S. economy like one of his casinos and default on our debts to the rest of the world, which would cause an economic catastrophe far worse than anything we experienced in 2008," she continued.
Interserve's combined credit score, which measures on a scale of 100 to 1 how likely a company is to default on its debts in the next year, was "1", according to Refinitiv Eikon data, indicating it was expected to default.
European data protection watchdogs have had privacy worries about Windows 10 as far back as 2016, after the press and others raised concerns about the extent of the data being gathered by default on Windows 10 soon after its launch.
But loans have much the same results, and ISAs are missing a key downside to straight borrowing — you shouldn't be able to default on one because you typically only start repaying once you are employed and earning a certain minimum income.
The two sides have been on a collision course since Apple said it would offer strong encryption by default on its devices in 2014, a move prompted in part by the surveillance revelations from former National Security Agency contractor Edward Snowden.
Of the 14 Pacific Island nations, six are rated as being at a high risk of debt distress by the International Monetary Fund (IMF), meaning they are likely to default on their loans, and three are at a moderate risk.
Thankfully, in a new Windows Insider Preview build as part of a forthcoming update, Microsoft is planning to help alleviate some of that auditory frustrating by disabling Cortana voiceovers by default on clean installs of Windows 10 Pro, Enterprise, and Education.
Failure to strike a deal would cause the nation to default on its debts, roiling financial markets and causing catastrophic effects on the economy — a potential outcome that has some lawmakers, including McConnell, wary of overly harsh treatment of Trump.
Credit default swaps on Deutsche Bank's most senior debt securities traded at 99bp, according to IHS Markit - equivalent to an investor paying US$99,000 per year to insure against a default on US$10m of Deutsche debt for five years.
Other factors that support 50% equity treatment include the cumulative nature of the preferred stock dividend and for the subordinated debt, no cross default or cross acceleration triggers are present in the event of default on Ocean Spray's senior debt.
Under the agreed plan, banks will be able to buy from the state a guarantee against default on the debt issued by a securitisation vehicle to buy the non-performing loans, enabling banks to get a higher price for them.
In addition to these two provisions, the Crapo Act contains other important provisions relating to consumer finance, including, among others, protections for student loan borrowers and cosigners of private loans, as well as servicemembers in default on their mortgage loan.
On June 29th the upper house passed a bill, already approved by the House and backed by the president, allowing Puerto Rico to restructure its debts, two days before the Caribbean territory was set to default on a $73 billion payment.
Business cards can have higher credit limits, and in most cases, the activity on a business card won't affect your personal credit report (although if you default on the business card, the card issuer can still come after you personally).
In 2015, brokers working on behalf of a mystery client in London, offered these funds the chance to make a trade they thought was impossible to lose: betting that a teetering Norwegian paper company would imminently default on its debt.
On Monday, Puerto Rico defaulted on the debt service payment of its Government Development Bank notes ($22019 million), and in 8 weeks from now the island will in all certainty default on its constitutionally guaranteed General Obligation bonds ($779.9 million).

No results under this filter, show 974 sentences.

Copyright © 2024 RandomSentenceGen.com All rights reserved.