Latest News for: Interest free debts

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Ask an Expert – Celebrate America Saves Week – by Saving!

Provo Daily Herald 03 Mar 2021
Save by Reducing Debt - If automating savings is the secret sauce for financial success, reducing your debt is definitely the cherry on the top. Paying down debt frees up money that was going toward interest ... The money you were using to pay off the principle and interest of your debt can now be put into savings.
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Should student loan debt be cancelled?

NewstalkZB 03 Mar 2021
"Rather than offering interest-free borrowing, or expecting people to refinance their loans, the Government could try something more ...
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WTO new head is on a mission to advance the prospects of common development

China.dot.org 03 Mar 2021
She had argued that paying the debt would free the country of the burden of interest payments, which, according to her, would free funds for addressing the country's huge infrastructure deficit ... make a compelling case for why free and fair trade is in the best interest of all.
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Sustainable Belt and Road cooperation benefits all participants

China.dot.org 03 Mar 2021
No 'debt trap'. The increasing Chinese capital inflow into Belt and Road infrastructure projects did not cause any debt crisis in the host countries ... Besides, the Chinese government also waived interest-free loans that were due to mature that year for 15 African countries.
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Charleston port's debt plan could have unexpected cost for taxpayers

The Post and Courier 02 Mar 2021
That loan, funded with tax dollars between May 2015 and June 2017, is currently interest free ... The measure would be similar to using a credit card advance to pay back an interest-free loan from a friend ... Clark said the interest-free loan was granted with the understanding that it ...
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Saving is the key: Discover the ‘secret sauce’ for financial success with 5 tips for ...

St George News 02 Mar 2021
Save by reducing debt. If automating savings is the secret sauce for financial success, reducing your debt is definitely the cherry on the top. Paying down debt frees up money that was going toward interest ... The money you were using to pay off the principle and interest of your debt can now be put into savings.
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The impact of COVID-19 on the debt capital markets in Africa

Business Day Online 02 Mar 2021
Traditionally, corporates and states in Africa use debt capital markets to raise huge funding ... Africa’s depiction of the international debt capital markets is dominated by sovereign issuances ... In June, China offered to cancel Africa’s interest-free loans, which is less than 5 per cent of Africa’s debt to China, based on bilateral negotiations.
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China's poverty fight renews hope for global victory over destitution

China Daily 02 Mar 2021
China has been constantly bolstering South-South cooperation to help developing countries relieve debt pressures and mitigate poverty. It has signed debt service suspension agreements with 12 African countries and provided waivers of matured interest-free loan for 15 African countries.
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Belt and Road boost sustainable development

China Daily 01 Mar 2021
Some people continue to express concern over a perceived debt issue, while others sought to highlight that coal-fired power plants are being built under the BRI framework ... No debt trap for participants ... For instance, last year, the Chinese government had waived off interest-free loans offered to some African countries, when the loans matured in 2020.
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Xinhua Commentary: China's poverty fight renews hope for global victory over destitution

China.dot.org 01 Mar 2021
China has been constantly bolstering South-South cooperation to help developing countries relieve debt pressures and mitigate poverty. It has signed debt service suspension agreements with 12 African countries and provided waivers of matured interest-free loan for 15 African countries.
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China's vision of building a community with a shared future for mankind

China.dot.org 28 Feb 2021
Workers unload COVID-19 vaccines donated by China at Robert Mugabe International Airport in Harare, Zimbabwe, on Feb. 15, 2021 ... China has signed debt service suspension agreements with 12 African countries and provided waivers of matured interest-free loans for 15 African countries to mitigate the negative effect of the pandemic.  ... .
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Lockdown savings? Put them in an Isa while you can

The Observer 28 Feb 2021
You pay no income tax on the interest or dividends you receive within an Isa, and any profits from investments are free of capital gains tax ... These are tax-free accounts for peer-to-peer lending and debt-based crowdfunding. They allow investors to earn tax-free interest on ...
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Cable One Reports Fourth Quarter and Full Year 2020 Results

Enid News & Eagle 26 Feb 2021
The transaction implies a $2.2 billion total enterprise value for 100% of the equity interests of Hargray on a debt-free and cash-free basis ... Interest expense increased $1.7 million, or 9.0%, to $20.8 million, driven primarily by additional outstanding debt and higher interest rate swap settlement expense, partially offset by lower interest rates.
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