debts

Khabib Nurmagomedov pays off his debts

Khabib Nurmagomedov pays off his debts

Former UFC Lightweight Champion Khabib Nurmagomedov has finally paid his over 79.3 million rubles tax debt to the Russian Federal Tax Service (FTS). The money has been paid off, putting an end to the …

Khabib reportedly clears all his debts

Khabib reportedly clears all his debts

Former UFC Lightweight Champion Khabib Nurmagomedov has settled all his debts with Russia's Federal Tax Service, paying off a total of approximately $3.4 million. As first reported by the Telegram …

Khabib's debts began to be collected in Dagestan

Khabib's debts began to be collected in Dagestan

The Department of bailiffs in Dagestan has begun the procedure of collecting 79.376 million rubles of debts from former UFC fighter Khabib Nurmagomedov, according to the database of enforcement proceedings of Russia's Federal Bailiff …

U.S. Congress: national debt to grow to 166%

U.S. Congress: national debt to grow to 166%

The U.S. Congressional Budget Office has kept its forecast for the country’s national debt to rise to a record 166% of GDP by the end of 2054. The U.S. national debt will increase from 99% of GDP in 2024 to 166% of GDP in 2054. …

Tax debts incurred before 2021 to be written off in Georgia

Tax debts incurred before 2021 to be written off in Georgia

Georgian Prime Minister Irakli Kobakhidze said 145,000 individuals would have their tax debts totalling 590 million lari ($218.55mln) “completely written off”. According to him, all private entities, including individual …

Russia's foreign debt contracted by 15%

Russia's foreign debt contracted by 15%

The Russian foreign debt declined by 14.9% year on year or by $57.1 bln to $326.6 bln as of January 1, 2024, the Russian Central Bank reported. It was noted that the main contribution was from reduction of commitments of other sectors …

Armenia's public debt increased by 43% in drams

Armenia's public debt increased by 43% in drams

Since the beginning of the year, the share of Armenia's public debt has increased by 43% in the national currency. Overall, the Central Bank's debt has decreased, while government debt has increased.

Russian national debt down $2.6 bln YTD

Russian national debt down $2.6 bln YTD

Russia’s foreign debt contracted by $2.6 bln year-to-date, the Accounts Chamber said in its flash report on the budget performance in the first quarter of this year. "The foreign debt of the Russian Federation stood at …

Russia to make payments to bondholders in rubles - Duma speaker

Russia to make payments to bondholders in rubles - Duma speaker

The United States wants to create trouble for Moscow by artificially banning payments in dollars to servicing Russia’s external debt, but the country will make payments in rubles, State Duma Speaker Vyacheslav Volodin said on Wednesday, …

Russia doesn't default on its foreign debt

Russia doesn't default on its foreign debt

Russian Finance Minister Anton Siluanov has called the information spread by CNN about Russia defaulting on its foreign debt "incorrect". He elaborated that questions about why investors, including Americans, did not receive …

U.S. stops Russian bond payments - report

U.S. stops Russian bond payments - report

The United States stopped the Russian government from paying holders of its sovereign debt more than $600 million from reserves held at U.S. banks, in a move meant to ratchet up pressure on Moscow and eat into its holdings of dollars. …

UK credit card borrowing surges amid cost of living crisis

UK credit card borrowing surges amid cost of living crisis

A surge in credit card borrowing to a record high in the United Kingdom last month has prompted concerns that low-income households are turning to expensive forms of lending to cope with rising costs of food, clothing and fuel, The Guardian …

Georgians in deep debt

Georgians in deep debt

Too much of household debt is denominated in dollars, despite efforts in recent years to reduce borrowers’ exposure to foreign currencies

Russia’s public debt exceeds 20 trillion

Russia’s public debt exceeds 20 trillion

Russia’s public debt increased by 1.48 trillion rubles for the first half of 2021 and amounted to 20.4 trillion rubles, the Accounts Chamber said in its report on execution of the federal budget for January-June 2021.  …

Debt burden of Russians climb to record-breaking 11.7% by 2021

Debt burden of Russians climb to record-breaking 11.7% by 2021

The debt burden ratio of Russians at the macro-level (DBR, the ratio of all payments under relevant loans to total income of the population) increased to record-breaking 11.7% as of 2021 year-start, according to papers for the presentation of …

Russia’s public debt up by nearly 40% in 2020

Russia’s public debt up by nearly 40% in 2020

Russia's public debt increased by 39.9% in 2020 to 18.99 trillion rubles ($257 bln), which is 17.8% of GDP, according to the documents published by the the Accounts Chamber. "The public debt of the Russian Federation in 2020 …