March 28, 2024
“Turkey’s central bank on Thursday raised its key interest rate, the one-week repurchase rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country… Turkish annual consumer price inflation soared to 67% in February, fueling concerns that… Continue Reading…
March 20, 2024
“…El Salvador will transfer “a big chunk” of its bitcoin assets to an offline device that will be stored in a physical vault within the Central American country’s territory, President Nayib Bukele said on Thursday. “We’ve decided to transfer a… Continue Reading…
October 17, 2023
“Country Garden’s entire offshore debt will be deemed to be in default if China’s largest private property developer fails to make a $15 million coupon payment on Tuesday, the end of a 30-day grace period… With nearly $11 billion of… Continue Reading…
October 10, 2023
“Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all of its offshore repayments, including those issued in U.S. dollar notes. The company failed to make a debt repayment of 470 million Hong Kong… Continue Reading…
May 12, 2023
“…Banks in Europe and the US are vying to play a role in structuring and arranging new debt-for-nature swaps, deals that yield fees and boost their profile in the sustainable debt market. Developing countries with valuable ecosystems are turning to… Continue Reading…
November 17, 2022
“The U.K. government on Thursday unveiled a sweeping £55 billion ($66 billion) fiscal plan as it seeks to plug a gaping hole in the public finances and restore Britain’s economic credibility, even as the country teeters on recession. Finance Minister… Continue Reading…
September 22, 2022
“Turkey’s central bank surprised markets once again with its decision Thursday to cut its key interest rate, despite inflation in the country surging beyond 80%. The country’s monetary policymakers opted for a 100 basis point cut, bringing the key one-week… Continue Reading…
April 14, 2020
“More than 2,100 U.S. cities are anticipating major budget shortfalls this year and many are planning to slash programs and cut staff in response, according to a new survey of local officials released Tuesday… Nearly 9 in 10 cities surveyed… Continue Reading…
January 3, 2020
“Whether you’re a budget traveler or not, traveling solo or with friends, these travel tips for a trip to Europe will help you make the most of this experience. Obviously, I recommend that you read everything, BUT if your looking… Continue Reading…
November 4, 2019
“Guyana, a country of about 780,000 which shares a border with Brazil, Suriname and Venezuela in the northeast of South America, will see economic growth of 86% in 2020, according to the IMF. That’s up from 4.4% in 2019. Such an explosive expansion of… Continue Reading…
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