Russia to double costs of servicing state debt by 2026 as war costs grow
By Darya Korsunskaya and Alexander Marrow (Reuters) – Russia’s annual budget spending on servicing its state debt will more than double to 3.32 trillion roubles …
servicing
GE stops servicing gas power turbines in Russia – Kommersant
(Reuters) – General Electric has stopped servicing gas turbines at thermal power plants in Russia, the Russian business daily Kommersant reported on Tuesday, citing sources …
Australia budget to trim forecast for cost of servicing debt for next three years
By Lewis Jackson SYDNEY (Reuters) – Australia has lowered its forecast for the cost of servicing government debt over the next three years, though the …
Poor countries’ debt servicing is the costliest since 2000 – World Bank
By Rodrigo Campos NEW YORK (Reuters) – The poorest countries in the world now spend over a tenth of their export income to service external …
Poorer nations face rising debt servicing costs in 2024 – report
LONDON (Reuters) – Some of the nations most vulnerable to climate change face a sharp rise in debt service payments in the coming two years, …
Japan raises assumed interest rate for FY2023/24 debt servicing
bTOKYO (Reuters) – Japan’s Ministry of Finance (MOF) has raised its assumed interest rate used to calculate debt servicing costs in its budget request for …
Owner and Employees of Monmouth County Marine Equipment and Servicing Company Charged with Defrauding U.S. Department of Defense
TRENTON, N.J. – Three Monmouth County, New Jersey, individuals were indicted today for their role in a years-long scheme to defraud the U.S. Department of …
NZ cenbank to finalise debt servicing curbs framework for mortgage lending by late 2022
(Reuters) – The Reserve Bank of New Zealand on Wednesday said it intends to finalise a framework on debt servicing restrictions (DSRs) on residential mortgage …
Russia’s VTB to hand over servicing of foreign securities to other firms – TASS
– Russia’s second-largest state lender VTB, which has been targeted by Western sanctions, said on Thursday it would hand over servicing of foreign securities to …