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A 2001 study in five US states revealed that medical debt contributed to 46% of bankruptcies, and by 2007 this had reached 62%.
Anxiety over the level of Daewoo's undisclosed debt contributed to a 4.5% drop in share prices in Seoul.In this section EXPORTERS ECONOMY FINANCIAL MARKETS Reprints.
Restructuring costs and provisions for bad debt contributed to weaker-than-expected first-half earnings at the Bank of Scotland, which recently lost to the Royal Bank of Scotland in a bidding war for National Westminster Bank.
In addition, the need to acquire foreign currencies to service the debt contributed to a rapid depreciation of the currencies and to rapid inflation in Mexico, Brazil, and a number of other developing nations.
Goldman's role in the Greece's sovereign debt crisis is already the subject of a probe by regulators – the US Federal Reserve is looking into whether the use by it and other Wall Street firms' of sophisticated investment instruments to make bets that Greece will default on its debt contributed to the crisis the country faces, although no-one has argued that they did anything illegal.
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In some cases, undergraduate debt contributes to law graduates' problems.
But the deals added to overall debt, contributing to cutbacks that potentially affected patient care.
And it means that many homeowners have to devote more and more of their income to paying off home-equity debt, contributing to the current slowdown.
In the second half of last year, the markets were buffeted by a period of volatility from the European crisis and the credit rating downgrade of long-term United States debt, contributing to a fall in the Russell 2000 for the year of about 4 percent.
Preventing perioperative tissue oxygen debt contributes to a better outcome in high-risk surgical patients.
Preventing perioperative tissue oxygen debt contributes to a better postoperative recovery.
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CEO of Professional Science Editing for Scientists @ prosciediting.com