CARACAS (Reuters) – Russian Deputy Prime Minister Alexander Novak met on Wednesday with Venezuela’s oil minister in Caracas, where they discussed oil market volatility and the status of Venezuela’s outstanding…
By Rod Nickel WINNIPEG, Manitoba (Reuters) – After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are set to reward shareholders even…
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s incoming government effort to exempt nearly 200 billion reais ($37 billion) of spending from a constitutional budget cap could push…
By William Schomberg LONDON (Reuters) – Newly confirmed finance minister Jeremy Hunt must keep investors calm about Britain’s debt mountain, avoid causing a deep recession and work out a way…
By Jorgelina do Rosario and Rachel Savage WASHINGTON/JOHANNESBURG (Reuters) – Zambia’s finance minister said on Saturday it is still unclear who will be leading talks for renegotiating its nearly $6…
JOHANNESBURG (Reuters) – Zimbabwe is engaging with the World Bank and International Monetary Fund on how to clear its debts with international financial institutions, finance minister Mthuli Ncube said at…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Greg MacKinnon, 56, of the City of Tonawanda, NY, pleaded guilty…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Greg MacKinnon, 56, of the City of Tonawanda, NY, pleaded guilty…
By Giselda Vagnoni and Gavin Jones ROME (Reuters) – Italy must quickly cut energy bills for firms and households even if it means hiking the country’s towering public debt, the…
HERRING: Biden Is Walking A Political Tightrope Over Student Loan Debt. Here’s Why Joe Herring on August 24, 2022 If playing hard-to-get is the best strategy to woo someone, President…
SHANGHAI – Foreign investors continued to cut holdings in Chinese bonds in July and dumped equities for the first time in four months, according to a report by the Institute…
(Reuters) – U.S. household debt increased to a record $16.15 trillion in the second quarter, driven mostly by a $207 billion jump in mortgage balances, with credit card and auto…
By Frank Siebelt FRANKFURT – The German academic behind the European Central Bank’s biggest court setback is weighing legal action against the ECB’s new bond-market shield, which he sees as…
By Duncan Miriri NAIROBI – Kenya’s economic output has more than doubled during President Uhuru Kenyatta’s 10 years in office, but a debt binge that fuelled growth and investment could…
BRASILIA -Brazil’s federal public debt grew 2.51% in June from the month before, and the average cost of domestic debt issuance kept soaring amid greater risk aversion, the Treasury said…
By Francesco Canepa and Giselda Vagnoni FRANKFURT/ROME – The European Central Bank seems almost certain to face a test of its resolve to rein in excessive bond yields in coming…
By Nelson Renteria SAN SALVADOR – El Salvador’s president announced on Tuesday a plan for a voluntary repurchase offer to holders of bonds maturing between 2023 and 2025. The operation…
KYIV – Ukraine can save 200 billion hryvnias ($5.45 billion) for priority needs by deferring its external debt repayments, Prime Minister Denys Shmyhal said on Tuesday. Ukraine has launched a…
By Clare Jim HONG KONG – China Evergrande Group, the world’s most indebted developer, is expected to announce this week a debt restructuring plan that will not only determine its…
KYIV – Kyiv is talking to major international financial institutions about ways to reduce debt payments in the near future, Ukraine’s government commissioner for public debt management Yuriy Butsa said…
By Karin Strohecker and Jorgelina do Rosario LONDON – Ukraine has asked its creditors for a two year payment freeze on its international bonds in a bid to focus its…
‘Impossible Situation’: Europe Faces Recession, Debt Crisis As Rate Hike Looms Max Keating on July 20, 2022 The European Central Bank (ECB) will announce its first interest rate hike in…
WASHINGTON – U.S. Treasury Secretary Janet Yellen on Wednesday said she welcomed a decision to suspend Ukraine’s debt service obligations by a group of six creditor countries, including the United…
BEIJING – China’s banking regulator has worked with the finance ministry and central bank to accelerate the issuance of special local government bonds to help supplement the capital of small…
NUSA DUA, Indonesia – IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take urgent action to combat inflation, warning that the “exceptionally…