There is good news for more than 3 million investors of Reliance Industries. Reliance Industries, one of the most valuable companies of the nation is now debt free. This is because RIL has more cash in hand than it’s total debt put together.
April 18 (Bloomberg) — James Bianco, president of Bianco Research LLC, Lincoln Ellis, managing director at Linn Group, and Barry Knapp, head of equity strategy at Barclays Capital Inc., talks about Spain’s non-performing loans and the outlook for the nation’s auction of two- and 10-year debt scheduled for tomorrow. They speak with Trish Regan and Adam Johnson on Bloomberg Television’s "Street Smart."
It is true that a country never has to pay back all of its outstanding debt . However, it is imperative that investors in the nation's sovereign debt always maintain the confidence that it has the ability to do so. History has proven that …
The prices that Spain has to pay for debt continues to race higher. The level, now over 6% for 10-year notes, cannot be sustained if the nation is to lower its deficit
The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the ..
The government of Iceland has forgiven the mortgage debt for much of its population. This nation chose a very different way of stopping the crisis from the rest of European countries. It decided to hear the requests of the population and to put politicians and bankers on the bench of the accused three years after their financial excesses would sank one of the most prosperous economies in 2008.