5 tips to avoid massive Christmas debt
12 December 2019 | 6:30 am
1. Make a budget and stick with it A budget is helpful in many facets of life. Christmas is no different. 2. Don't forget to budget hidden costs Things like holiday travel, Christmas parties or children's activities are easy to overlook, but are an important part of the budget and more.
13 Dec 2021
Shares in Evergrande tumbled as much as 19 percent on Monday in Hong Kong, after the Chinese property developer warned it might not have enough funds to repay its debt, prompting authorities to summon its chairman. A grace period expires on Monday for a coupon repayment worth over $82 million, pushing the company to the verge of default once again. Evergrande has already made three 11th-hour repayments in the past two months.
9 Dec 2021
The Chinese property giant Evergrande has missed a key debt deadline and is inching closer to a possible restructuring. Financial Analyst Danni Hewson explains why the meltdown isn't sparking turmoil on global stock markets. Also in the show: the Carbon Disclosure Project releases its 2021 ranking of sustainable business practices.
12 Dec 2021
Shares in the Chinese property company Kaisa have been suspended from trading in Hong Kong, as fears mount that the firm may be unable to make a $400 million debt payment due on Thursday. Kaisa is a much smaller player than the troubled giant Evergrande, but also has high levels of foreign debt. Also today, we look at how the United Arab Emirates has changed its working week to Monday-Friday to align with other international business hubs.
10 Dec 2021
Dresden's famous christmas market, the Striezelmarkt, has been around for centuries. This year, the planned opening was canceled due to the high incidence rate of coronavirus infections in the state of Saxony.
11 Dec 2021
It’s Christmas season and Netflix is ushering us into the season with Nigeria’s first Christmas film, A Naija Christmas, a hilarious film about three brothers who would just not fulfill their dying mother’s goal of getting a wife this Christmas.
15 Dec 2021
Debt levels have increased as more sub-Saharan countries look towards borrowing. Zambia's debt now equals its total GDP, while Kenya may be speeding towards its own financial crisis.
15 Dec 2021
Concerns are rising across Europe as a number of countries bring in additional measures to combat a surge in infections.
16 Dec 2021
Lawmakers in the United States have voted to raise the government's borrowing limit by $2.5 trillion, narrowly avoiding a catastrophic default. The Senate passed the measure 50-49. The new debt ceiling will give the US government enough space to borrow until 2023, after the midterm elections. Focus in Washington will now return to whether President Joe Biden can get his $1.75 trillion social spending plan, "Build Back Better", passed by the end of the year.
20 Dec 2021
Simon Case was leading the probe into alleged Christmas parties held by Prime Minister Boris Johnson's staff in breach of COVID restrictions. Case has quit after reports of parties in his own office.
20 Dec 2021
On December 19, 2016, Islamist attacker Anis Amri drove a stolen truck through a crowd in central Berlin, killing and injuring dozens. Five years later, the background to the attack remains unclear.
25 Dec 2021
With Israel having closed its borders to most foreigners, Bethlehem's residents are getting ready for a muted holiday season.
21 Dec 2021
‘Tis the season… for emotional manipulation. These images show children seemingly barred from a Christmas market and Father Christmas being dragged away by police. But they are being wielded to pull on people’s heartstrings as the holidays approach, with the fake news mill continuing to twist the facts.
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It's been one year since Myanmar's military toppled the democratically elected government and launched a brutal crackdown on popular protest. DW spoke with Dr. Sasa, a spokesman for Myanmar's government-in-exile, about how the opposition plans to restore democratic rule.
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Leaders of the Economic Community of West African States (ECOWAS) on Sunday (July 3) lifted economic and financial sanctions imposed on Mali, after its military rulers proposed a 24-month transition to democracy and published a new electoral law.
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As the Muslim festival of Eid al-Adha approaches, crowds gather in a narrow street to watch a once-a-year spectacle in a neighbourhood of Pakistan’s commercial capital Karachi. Every year, plump and polished cattle are lowered 12 metres (40 feet) by crane from Syed Ejaz Ahmad's rooftop barn in the city's Nazimabad neighbourhood ahead of the three-day sacrificial festival, which kicks off on July 10 this year.
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Several places were hit with about a month's rain over the weekend, causing dams to overflow and waterways to break their banks. Roughly 30,000 people have been told to either leave their homes or prepare to do so.
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Silvina Batakis comes in at a time when the Argentine economy is in full-blown crisis mode, with inflation above 60%, a high fiscal deficit and fears rising about debt defaults.