Financial Times  Oct 20  Comment 
Cost of buying insurance against default jumps to five-year highs
MarketWatch  Oct 16  Comment 
The Consumer Financial Protection Bureau is pushing policymakers to offer more, and better options for borrowers of student loans caught between financial distress and avoiding default.
Financial Times  Oct 16  Comment 
Deteriorating economy has forced president to slash imports to cover foreign debt payments
TechCrunch  Oct 15  Comment 
 Instabridge, an Android app that wants to replace your phone’s default Wi-Fi manager and give you access to a crowdsourced database of Wi-Fi hotspots, has bagged a $1 million seed round. Funding is being led by European VC Creandum, with...
Reuters  Oct 9  Comment 
Plunging sugar prices have forced at least one sugar mill to default on bank loans and could drive others to do the same, the latest sign of the heavy toll a four-year-old supply glut in the country is taking on producers of the sweetener.
Forbes  Oct 4  Comment 
Claude believed he’d taken every precaution to protect his safety. But they always think that…


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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