Debt repayment
Coverage of Debt repayment in the Nexus archive.
- Kenya: Report Says IMF Prioritises Debt Over Public Spending
A report claims the International Monetary Fund (IMF) prioritizes debt repayment and fiscal austerity over public service investment in Kenya, contradicting its stated focus on inclusive growth and social spending.
- Why Virgin Galactic’s stock is having its worst day ever, after a record-smashing 7-day run
Virgin Galactic's stock experienced its worst day ever following a 7-day record-smashing run. The company announced a move to pay off debt, but investors are dissatisfied with the decision to issue new shares to achieve this.
- How much emergency savings should you keep while paying off debt
The article addresses the challenge of balancing emergency savings with debt repayment. It provides guidance on how to strike the right balance between these two competing financial priorities.
- How to pay off $15,000 in debt by the end of 2026
The article outlines strategies to eliminate $15,000 in debt by 2026, emphasizing that achieving this goal is feasible with the right approach. It highlights the importance of structured financial planning and actionable steps to manage and repay significant debt.
- Fitch Cuts Mozambique’s Rating, Citing Probable Bond Default
Fitch Ratings downgraded Mozambique's credit rating due to a probable bond default. Mozambique missed a $119 million payment on a Credit Suisse loan, marking the second such default in two months.
- I was £15k in debt trying to pay off six credit cards and Klarna and Next accounts on a teacher's salary. Now I've cleared it all by following 7 simple rules you haven't heard before - here's how
A teacher successfully eliminated £15,000 in debt across multiple credit cards and buy-now-pay-later services by implementing seven personal financial rules. The article details a practical debt repayment strategy that transformed their financial situation on a modest teacher's salary.