KATIE Price has been one of Britain's biggest celebrities and has lived her life in the spotlight for over 20 years. But the former glamour model is said to be in severe financial difficulties after blowing her fortune on luxury holidays, an army of staff and her £1m farm - here's the lowdown. Who is Katie Price, how old is she and what is her net worth? Mother of five Katie is a 40-year-old glamour model who started her career under the name Jordan on The Sun's Page 3 back in 1996, aged 17. She became known quickly for her extensive boob job ops and made the most of her notoriety by cashing in where she could. The public got to know the 'real' Katie Price when she appeared in I'm A Celebrity...Get Me Out Of Here! in 2004. During this time, she decided to ditch her Jordan alter-ego and open up the public to her true self - and the UK fell in love with her. It was also during her jungle stint that she famously fell in love with her ex-husband Peter Andre, who she went on to … [Read more...] about How old is Katie Price, what’s her net worth, is she in debt and is she divorcing Kieran Hayler?
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By The Washington Post | May 5, 2018 at 5:44 pm In the nine years before he ran for president, Donald Trump’s company spent more than $400 million in cash on new properties – including 14 transactions paid for in full, without borrowing from banks – during a buying binge that defied real estate industry practices and Trump’s own history as the self-described “King of Debt.” Trump’s vast outlay of cash, tracked through public records and totaled publicly here for the first time, provides a new window into the president’s private company, which discloses few details about its finances. It shows that Trump had access to far more cash than previously known, despite his string of commercial bankruptcies and the Great Recession’s hammering of the real estate industry. Why did the “King of Debt,” as he has called himself in interviews, turn away from that strategy, defying the real estate wisdom that it’s unwise to … [Read more...] about As the ‘king of debt,’ Trump borrowed to build his empire. Then he began spending hundreds of millions in cash.
Financial institutions must consider slashing interest rates on loans to current rates for households and enterprises in economic difficulties. In its official document released on April 24, the State Bank of Vietnam (SBV) requested that both domestic and foreign banks and financial institutions apply measures to help troubled clients maintain their businesses in the time to come. To this end, financial institutions were told to scrutinise their clients’ capacity to settle their debts based on their production cycles and business plans. Following that, commercial banks were encouraged to develop plans to extend the deadlines for debt repayment for clients who are unable to settle their settle their debts on schedule. The debt extension will be applied to clients who are unable to repay their debts based on their original interest rates. Those who are unable to repay their debts in full or interest payments according to their agreements but are recognised as being able to settle … [Read more...] about Troubled enterprises to get debt repayment extensions DTiNews
The total bad debt of commercial banks has reached nearly VND308 trillion (US$14.6 billion), accounting for 9.71 per cent of the total outstanding debt, said deputy chief inspector of the State Bank of Vietnam Dao Quang Tinh. HA NOI (VNS) — The total bad debt of commercial banks has reached nearly VND308 trillion (US$14.6 billion), accounting for 9.71 per cent of the total outstanding debt, deputy chief inspector of the State Bank of Viet Nam Dao Quang Tinh said on Friday. He said at a press briefing that the figure had however been revised to VND122 trillion ($5.58 billion), accounting for 3.86 per cent of the total outstanding debt by the end of February after debt restructuring. He said ongoing economic difficulties had contributed to the figure. The National Financial Supervisory Commission (NFSC) had said earlier at a seminar that the bad debt was approximately 9 per cent instead of the 15 per cent assessed by the rating agency Moody's. Vice President Nguyen Quoc Hung … [Read more...] about Bad debts approach $14.6b as economic woes continue
VietNamNet Bridge - In the context of global oversupply and unstable oil prices, oil & gas exports must not be seen as the lifebuoy for the Vietnamese economy. Vietnam’s GDP growth rate in the first half of the year was 5.52 percent, lower than expected and lower than the 6.1 percent growth rate in the same period of last year. This means that in order to obtain a 6.7 percent growth rate in 2016 as targeted, Vietnam will have to get high 7.6 percent growth rate in the last months of the year. And in order to reach that end, some government agencies think Vietnam needs to exploit 2 million tons of oil more to sell. Phan Minh Ngoc, an economist, commented on cafef.vn that the idea was unfeasible, not because it reminds people of an economy relying on natural resources exports, though natural resources are limited, but because the current oil price in the world market is very unstable. International agencies all reported that the oil price has been very low and even lower than … [Read more...] about Increase in oil exploitation won’t help GDP: economists