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 far exceed its income. The …
Topic:
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 is likely to lay bare …
-
TUNIS (Reuters) – Tunisia has succeeded in repaying all its 2023 domestic and external debts despite huge pressure on public finance, Finance Minister Sihem Boughdiri said on Monday, dispelling doubts …
-
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 1.16 billion euros ($1.28 billion), …
-
Developing countries spent record $443.5 billion to service public debts in 2022- World Bank
by ReutersBy Andrea Shalal WASHINGTON (Reuters) – Developing countries spent nearly half a trillion dollars to service their external public and publicly guaranteed debt in 2022, draining funds from critical health, …
-
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 than they can chew. Big …
-
By Li Gu and Tom Westbrook (Reuters) – Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest issuers, as Beijing’s fresh attempts …
-
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 country’s high household debts have …
-
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 role because of personal debt …
-
RIO DE JANEIRO (Reuters) – A Brazilian court on Tuesday granted a request by bankrupt retailer Americanas that it be allowed to immediately pay workers’ wages and settle small supplier …
-
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 to restructure the countries’ debts, …
-
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 over half, according to a …
-
TUNIS – Tunisian Finance Minister Sihen Boughiri said on Wednesday that initial talks with the International Monetary Fund were positive and that Tunis was committed to paying all its foreign …
-
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 in a question and answer …
-
By Andrea Shalal and David Lawder WASHINGTON – Developing countries must quickly strengthen their financial sectors, the World Bank said on Tuesday, warning that rising inflation, interest rates and alarming …