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Credit card interest rates highest for almost a decade, according to Bank of England

Consumers are paying the highest credit card interest rates for almost a decade despite the Bank of England’s rate standing at an all time low.

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Credit card interest rates highest for almost a decade, according to Bank of England

the-highest

Canada blocks debt relief as Congo marks jubilee

Canada blocked an $8 billion debt relief deal for Democratic Republic of Congo in a dispute over mining rights, depriving the African nation of a chance to mark the 50th anniversary of its independence on Wednesday with the accord.

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Canada blocks debt relief as Congo marks jubilee

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Federal debt reaching alarming rate, congressional budget officer warns

The federal debt will reach 62 percent of the nation’s economic output this year – the highest level since shortly after World War II.

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Federal debt reaching alarming rate, congressional budget officer warns

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Italy’s debt is record 1.812 trillion euros

MILAN: Italys public debt, one of the highest in the world, reached a record 1.812 trillion euros (2.219 trillion dollars) in April, the Bank of Italy said on Monday.

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Italy’s debt is record 1.812 trillion euros

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Corporate Credit Risk Index Rises Amid Hungary Default Concern

June 4 (Bloomberg) — A gauge of U.S. corporate credit risk rose to the highest in more than a week amid concern that Hungary may default and a report showed employers in the U.S

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Corporate Credit Risk Index Rises Amid Hungary Default Concern

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