California Is Taking On Huge Debts To Pay Jobless Workers As Its Deficit Gets Bigger
California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a time when the state’s expenses …
debts
Analysis-Evergrande liquidation highlights investor despair at China debts
By Laura Matthews and Tom Westbrook NEW YORK/SINGAPORE (Reuters) – A liquidation order for China’s most debt-laden developer begins a drawn-out process for creditors that …
Tunisia says it paid all its 2023 internal and foreign debts
TUNIS (Reuters) – Tunisia has succeeded in repaying all its 2023 domestic and external debts despite huge pressure on public finance, Finance Minister Sihem Boughdiri …
Signa Development files for insolvency with $1.3 billion in debts -KSV
FRANKFURT (Reuters) -Signa Development, a key division of European property company Signa, filed for insolvency on Friday in a Vienna court with debts of around …
Developing countries spent record $443.5 billion to service public debts in 2022- World Bank
By Andrea Shalal WASHINGTON (Reuters) – Developing countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, …
Analysis-China’s big pig breeders dig in as losses and debts mount
By Dominique Patton BEIJING (Reuters) – The biggest pig breeders in China, consumer of fully half the world’s pork, seem to have bitten off more …
What risk? China investors snap up local government bonds as Beijing tackles big debts
By Li Gu and Tom Westbrook (Reuters) – Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest …
S.Korea central bank warns of financial stability risk as debts rise
SEOUL (Reuters) – South Korea’s central bank said on Monday there was a need to manage financial stability in addition to price risks as the …
Top Biden cyber official will not get permanent role due to personal debts
WASHINGTON (Reuters) – The White House’s acting national cyber director was informed in recent weeks she would not be considered to serve in a permanent …
Brazil court approves Americanas payment of wages, some debts
RIO DE JANEIRO (Reuters) – A Brazilian court on Tuesday granted a request by bankrupt retailer Americanas that it be allowed to immediately pay workers’ …
IMF calls for quick creditor agreements on Chad, Ethiopia, Zambia debts
By David Lawder WASHINGTON -The International Monetary Fund on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities …
African states’ private debts three times that owed to China
By Rachel Savage LONDON – African countries’ debts with China are a third of what they owe non-Chinese private lenders, while interest rates are just …
Tunisia says talks with IMF positive, committed to paying debts
TUNIS – Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed …
No restrictions on paying debts to non-residents in FX, says Russian central bank
MOSCOW – No restrictions stopping people from paying debts in foreign currency to a foreign company or bank have been introduced, Russia’s central bank said …
Private debts pose hidden risk to developing countries, World Bank warns
By Andrea Shalal and David Lawder WASHINGTON – Developing countries must quickly strengthen their financial sectors, the World Bank said on Tuesday, warning that rising …