Sri Lanka Private Creditors Have ‘Almost Agreed’ to 30% Haircut
Colombo July 4 2023: Sri Lanka’s foreign creditors are agreeable to restructuring the nation’s debt as per International Monetary Fund ...
Tag: Default
IMF Bailout Likely to Avert Default For Now – Bloomberg
London June 30 2023: A last minute bailout from the International Monetary Fund should help Pakistan avoid default this year. ...
Credit Suisse Puts Up China Brokerage Venture For Sale – Reuters
Beijing June 9 2023: Credit Suisse (CSGN.S) and a joint venture partner are seeking buyers for their China securities brokerage ...
Most Gulf Markets Gain on US Debt Deal, Job Data
Dubai June 4 2023: Most stock markets in the Gulf ended higher on Sunday after the U.S. Congress passed a ...
Biden, McCarthy Reach Tentative US Debt Ceiling Deal
Washington DC May 28 2023: U.S. President Joe Biden and top congressional Republican Kevin McCarthy reached a tentative deal to ...
Debt-limit Talks Get More Time as US Treasury Pushes Back Deadline
Washington DC May 27 2023: White House and Republican negotiators tentatively narrowed differences but were still clashing Friday on key ...
Emerging US Debt Deal Would Raise Limit, Cap Spending for Two Years
Washington DC May 26 2023: Republican and White House negotiators are moving closer to an agreement to raise the debt ...
Pakistan Is Not Going to Default Despite Structural Delays in IMF Deal, Finance Minister Says
Islamabad May 24 2023: The deal with the IMF has been delayed due to the structural stages, but there is ...
No Signs of Progress as White House, Republicans End More Debt Ceiling Talks
Washington DC May 23 2023: Representatives of President Joe Biden and congressional Republicans ended another round of debt ceiling talks ...
US Debt Ceiling Talks Pause; Negotiators Stuck as Default Date Nears
Washington DC May 20 2023: U.S. House Republicans and President Joe Biden's Democratic administration on Friday paused talks on raising ...
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