Latest News for: Default debt

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Reversal of roles

Dawn 24 Apr 2024
... its fifth programme in the last 25 years), this will greatly ease the chances of covering the country’s $25bn annual external financing gap and help Pakistan avoid defaulting on its external debt.
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Savings, investments rebound hinge on speed of recovery – TMS 2024 speakers

B & FT Online 24 Apr 2024
... complexities of public debt restructuring, are impacting savers and investors in various ways ... The ongoing threats of sovereign default and public debt restructuring have put investors on edge,” Mr.
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George Latimer has made his positions clear. NY-16 Democrats should support him

recordonline.com 24 Apr 2024
... infrastructure bill, raising the debt ceiling (which would have caused our nation to go into financial default), and he even sided with far-right republicans to vote to shut down the government.
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Research reveals tools to make STEM degrees more affordable

Phys Dot Org 23 Apr 2024
Undergraduate student loan debt has become unmanageable for a wide swath of borrowers in the United States ... between 1998 and 2018 fell into default ... Student loan debt is uneven across racial groups.
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NCLT admits insolvency resolution plea against listed infra firm Sadbhav Engineering

The Times of India 23 Apr 2024
“The applicant (SS Infra) has proved before us that the outstanding ...
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Beijing rues jump in local government bond issues

Hong Kong Standard 23 Apr 2024
Funds sought by local governments in China to tackle their debts amounted to about 5.9 trillion yuan (HK$6.37 trillion) this year, more than 50 percent higher than the planned scale, according to the country's state economic planner.
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Column: The Republican Party can still do what’s rational and right. Here’s the proof

The Los Angeles Times 23 Apr 2024
Amid threats to oust House Speaker Mike Johnson for allowing a vote on aid to Ukraine, Rep ... That’s what happened last year after McCarthy avoided a default on the national debt, kept the government open and committed other alleged outrages ... Now Reps.
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Sri Lanka’s debt restructuring with bondholders fails to reach agreement

Tamil Guardian 22 Apr 2024
The island nation defaulted on its foreign debt in May 2022 and kicked off negotiations with bilateral creditors several months later, eventually securing an agreement in principle with China, India and the Paris Club last November.
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Sri Lanka’s consumer inflation drops to 2.5 per cent in March

Gulf Today 22 Apr 2024
Sri Lanka defaulted on its overseas debt in May 2022 after a severe shortage of foreign exchange reserves triggered the worst financial crisis since independence from Britain in 1948.
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Sri Lanka’s inflation drops to 2.5 percent in March

The News International 22 Apr 2024
Sri Lanka defaulted on its overseas debt in May 2022 after a severe shortage of foreign exchange reserves triggered the worst financial crisis since independence from Britain in 1948.It has since made ...
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Africa needs stronger support from development partners — Dr Addison

Business Ghana 22 Apr 2024
The African continent is currently faced with financing challenges as a result of a debt crisis, with some countries defaulting on their loan repayments while some opt for a debt restructuring.
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Thames Water makes new clean-up pledge in bid to raise prices

Philenews 22 Apr 2024
... big dividends and had loaded companies with debt ... Its parent company, Kemble, said earlier in April it had defaulted on its debt after missing an interest payment, raising the prospect of collapse.
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Crisis in the Middle East: What does it mean for the energy transition?

New Statesman 22 Apr 2024
... That means the IMF is concerned about the conflict increasing the potential for debt default in developing economies – a worrying prospect that would put upward pressure on borrowing rates.
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Abu Dhabi: 200 inmates released after debt paid by donors

Khaleejtimes 22 Apr 2024
The Abu Dhabi Judicial Department (ADJD) has released 200 financially distressed inmates of rehabilitation and correctional centres following the payment of their debts by a number of donors.
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The road to self-sufficiency

Dawn 22 Apr 2024
The underlying issue is how to boost productivity to meet the needs of frustrated people, which are currently met via debt-financed imports ... One may add that the fears of a lingering debt default have not fully subsided.

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In this photo provided by the Mayor of Odesa Hennadii Trukhanov in Telegram, firefighters work on the site of a burning building after a Russian drone attack in Odesa, Ukraine, Tuesday, April 23, 2024.
AP / Mayor of Odesa Hennadii Trukhanov via AP
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