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IMF chief economist says rising U S debt level not a major concern

The growth of U.S. debt due to massive coronavirus aid spending is not a major concern for the International Monetary Fund, but fiscal support should be well-targeted to get the best economic effect, IMF chief economist Gita Gopinath said on Tuesday.

She Sold Her Eggs To Pay For College Should She Tell Her Fiance?

On the morning show, we asked you the question what have you hidden from your spouse and we were expecting some pretty lighthearted answers.  For example, I never tell my husband when I m getting a pedicure. I just don t want to hear the oh must be nice to treat yourself  routine so say I m doing errands which is code for getting me time.  The responses we got back from you were a lot deeper.  One, in particular, drew me right in, a listener who will be known as Anonymous in Brick reached out to me with hers and it was

Child care industry in crisis due to pandemic

A lot of attention has been focused on the negative impact the pandemic has had on restaurants, schools and health care, but another industry is in crisis, according to the National Association for the Education of Children. A survey conducted in December found that 56 percent of child care centers are losing money. The same study found: —Nearly half of the respondents know of child care centers that have closed permanently, including 42 percent that are minority-owned and 56 percent in suburban areas. —In order to stay operational, over half the nation’s child care centers have taken on debt or reduced personal savings. Over half the owners have sacrificed their own incomes to stay open. Forty-two percent of child care operators have started using their own personal credit cards for supplies.

Santacruz Silver Mining Ltd : Santacruz Provides Update on Zimapan Mine Acquisition and Related Debt Financing, and Private Placement With A Lead Order From Palisades Goldcorp

Santacruz Silver Mining Ltd.: Santacruz Provides Update on Zimapan Mine Acquisition and Related Debt Financing, and Private Placement With A Lead Order From Palisades Goldcorp Santacruz Silver Mining Ltd. (TSXV: SCZ) (FSE: 1SZ) (the Company or Santacruz ) announces that the acquisition of the Zimapan mine assets from Minera Cedros, S.A. de C.V. ( Minera Cedros ), together with the US$17.6 million loan facility from Trafigura Mexico, S.A. de C.V. (the Trafigura Loan Facility ), are now expected to close on or before April 16, 2021. These transactions were last described in the Company s news release dated February 25, 2021. Pursuant to the definitive purchase agreement dated February 24, 2021 (the Purchase Agreement ) between the Company s wholly-owned subsidiary, Carrizal Mining S.A. de C.V. ( Carrizal ), and Minera Cedros, closing of the acquisition of the Zimapan mine, including payment by Carrizal of US$15 million of the purchase price, is required to occur within 60 da

Credit Suisse Sees Loss In Q1 On Hefty Archegos Charge; Executives To Step Down

Credit Suisse Sees Loss In Q1 On Hefty Archegos Charge; Executives To Step Down ZURICH (dpa-AFX) - Swiss lender Credit Suisse Tuesday said it expects to report a pre-tax loss in its first quarter, hurt by a hefty 4.4 billion francs charge following the collapse of US-based hedge fund Archegos Capital Management. Related to the issues, the company said Investment Bank Chief Executive Officer Brian Chin will step down from his role on the Executive Board, effective April 30. Further, Lara Warner, Chief Risk and Compliance Officer, will step down, effective April 6. Credit Suisse has appointed Christian Meissner as Investment Bank CEO and member of the Executive Board, effective on May 1. Joachim Oechslin is appointed ad interim Chief Risk Officer and member of the Executive Board on an ad-interim basis, effective April 6. Thomas Grotzer is appointed ad interim Global Head of Compliance, effective April 6.

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