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RECENT NEWS
The Times of India  Sep 1  Comment 
A Dubai-based gold and jewellery retailer has defaulted on loans worth about 500 million dirhams ($136.2 million), with banks considering options including legal action to retrieve the money , four banking and trade sources said.
guardian.co.uk  Aug 30  Comment 
Union funds fear Abbott government plans to move against provisions that help them become default superannuation funds for workers Industry superannuation funds are launching an aggressive advertising campaign against what they fear is an...
TechCrunch  Aug 28  Comment 
 Google’s Chrome web browser keeps getting better. According to a new post on Google+, the company says that, starting on September 1st, Chrome will begin to pause many Flash ads by default in order to improve performance for its users. This...
Reuters  Aug 25  Comment 
The U.S. budget deficit is likely to fall by $60 billion in 2015 due to strong revenue gains, the Congressional Budget Office said on Tuesday, enabling the government to stave off default without a debt limit hike perhaps through early December.
Forbes  Aug 18  Comment 
College comes at a price—and for some, it's so high it leads to default. 3 people share candid pre- and post-default life stories.
CNBC  Aug 18  Comment 
Oil-dependent Venezuela could become the first sovereign victim of plummeting energy prices. CNBC looks at why.
Forbes  Aug 17  Comment 
The default rate of the S&P/LSTA Leveraged Loan Index will increase to 1.27% by principal amount next month, from 1.17%, when Samson Resources via Samson Investment Company files for bankruptcy, tripping a default on its second-lien secured...
SeekingAlpha  Aug 14  Comment 




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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