Over my head in debt

over my head in debt

Over my head in debt

Contains translations by TU Chemnitz and Mr Honey's Business Dictionary (German-English). Thanks on that account!

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Ukraine is Head Over Heels in Debt for Russian Gas

Over my head in debt

The total debt of Naftogaz, Ukraine's national oil and gas company, to Russian gas giant Gazprom is estimated at over $29 billion, Gazprom head Alexey Miller said.

Miller said during a meeting of the European Business Congress (EBC) in Belgrade:

"The total debt of Ukraine in relation to penalties ‘Take or Pay' equals to $29 billion and 477 million, from which $2 billion and 604 million is the debt for gas supplies during 2013-2014 plus penalties. $200 million is for the supply of gas to eastern Ukriane for which Naftogaz Ukraine won't pay."

According to Miller, the rest of the amount is Ukraine's penalties from 2012, 2013 and 2014.

Earlier this month, it was reported that Ukrainian demand for Russian gas increased twofold. Gazprom delivered 261 million cubic meters of gas to Ukraine over the period of April 1-27, with the country using almost 10 million cubic meters of gas per day.

Last summer, Gazprom transferred Ukraine to a prepayment system for gas deliveries due to latter's immense debt, surpassing $5 billion at the time.


Victoria Beckham was “head over heels” in debt

09.01.2017 culture 89 Views

Over my head in debtTo save the business of his wife Victoria Beckham from the crisis, David Beckham has invested a little less than seven million pounds, but it was not enough.

Despite the apparent success and large shop in London that with such pomp Victoria opened last year, the loss of the brand Victoria Beckham was 4.6 million pounds.

That fashion Empire of Victoria Beckham is two steps away from closing, it became known after some media reported about the official warning to the relevant authorities to close the company because of delay in submitting financial reports.

Meanwhile the official representative of the brand categorically denies financial problems. Financial confusion and indeed could be due to the fact that the company owned in equal parts of Victoria and David Beckham and Simon Fuller’s XIX, and thus in domestic credit, payments and investments may the devil break a leg. “At this time Victoria Beckham is considered one of the highest paid Directors. Her salary is 700 thousand pounds, while the contents of the other employees in the year has to be less than 7.3 million pounds sterling” — said the representative of Victoria.

Recall that the news about the financial problems the company was first announced on 6 December. Then the media reported that if Victoria does not repay the debts by the end of the year, with February 5, the its companies will be stopped.


In over my head in credit card debt

Kevin Evans relaxes in his small apartment after arriving home from work. Evans, who lost income and his home in the recession, is now having his wages garnished after falling behind on his credit card payments. Colin E. Braley/AP for ProPublica hide caption

Millions of Americans are still grappling with debt they've accumulated since the recession hit. And new numbers out Monday show many are having a tougher time than you might think.

One in 10 working Americans between the ages of 35 and 44 are getting their wages garnished. That means their pay is being docked — often over an old credit card debt, medical bill or student loan.

That striking figure comes out of a collaboration between NPR and ProPublica. The reporting offers the first available national numbers on wage garnishment.

Back in 2009, Kevin Evans was one of millions of Americans blindsided by the recession. He had a 25-year career selling office furniture, but suddenly, companies stopped buying furniture. His income collapsed. He sold his three-bedroom home outside Kansas City that he could no longer afford.

Over my head in debt

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How Long Does It Take For Credit Card Debt To Go Away? - Dauer: 0:47



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