Debt swap

Montenegro, a small state in the Balkans heavily indebted to China, is negotiating for hundreds of millions of euros in cheap credit from the European Union and preparing to sell public assets to ease its financial dependence on it. from Beijing, senior officials said. Montenegro’s indebtedness to China is at …

A section of traditional Indian investors may have started to gradually move away from their preferred savings vehicle as bank deposit rates collapse to historically low levels, and seek avenues for higher returns despite increased risks. Experts said small savers who relied on fixed bank deposits for guaranteed “risk-free” returns …

A majority of Canadian economists agree that the Bank of Canada will maintain its key interest rate instead of announcing a new overnight target on Wednesday, June 9. That’s according to a new Data Finder survey of 21 Canadian economists, 95% or 20 of whom say they think the rate …

Too many small owners without critical scale and unprecedented obstacles to new energy pipeline infrastructure: this was at the heart of the unprecedented wave of dividend cuts and bankruptcies in America’s oil and gas sector of recent years. Now, those same forces are creating something considerably more positive for investors. …

The central bank yesterday announced a number of measures encouraging the country’s private sector to borrow from offshore sources, as the debt-ridden island nation remains hungry for dollars. Here is the full press release issued by the Central Bank. “The Central Bank of Sri Lanka (CBSL), with the aim of …

WASHINGTON (Reuters) – Prime Minister Imran Khan said on Sunday that Pakistan was working with international creditors on an unnatural debt swap deal, which ties financial aid to improving a country’s environment . In an opinion piece he wrote for CNN on World Environment Day, Khan stressed the need for …

Bollywood Park. The Dubai financial market suspended trading in DXB Entertainments PJSC (DXBE) shares on Sunday following the mandatory acquisition of its shares by Meraas Leisure and Entertainment (Meraas). Image Credit: GN Archives Dubai: The Dubai financial market suspended trading in DXB Entertainments PJSC (DXBE) shares on Sunday following the …

By Nachilala Nkombo What does Africa Month 2021 mean for 1.2 billion Africans looking for a better future amid the global health pandemic? While the death toll from COVID-19 is the lowest on the continent compared to other parts of the world, Africa must prepare for the worst in terms …

While there are thousands of members of the tartan army who would love to swap places with those lucky enough to represent their country at the European Championships, the sacrifices these players make to pursue that dream often go unnoticed. Take Declan Gallagher for example. The great defender isn’t complaining …

AAs the Indian start-up ecosystem matures, companies in high-tech sectors increasingly tend to access new technologies, recruit top talent, and gain market share and advantage by buying companies. global offshore. Lack of liquidity or the pressure to use resources for other purposes can hamper such expansion, however, and this is …

AMC has unveiled plans for another major stock sale, the movie chain’s latest move to capitalize on the commercial fervor of “memes stocks” that has boosted its market value by 600% over the past month. The announcement comes a day after AMC’s promise to provide free popcorn to its investors, …

The Prime Minister’s Special Assistant (SAPM) on Climate Change Malik Amin Aslam said on Wednesday that the government was adopting a series of measures to protect the ecosystem that produced the desired results in addition to earning a good reputation for the government. led by the PTI at the international …

Pakistan is ready to sign agreements with Germany, Italy, Canada and the United Kingdom on June 5 for debt relief of “millions of dollars” in return for investments in conservation efforts. environment across the country, said Minister of State for Climate Change Zartaj Gul. ISLAMABAD, (UrduPoint / Pakistan Point News …

When it comes to betting on higher borrowing costs in developing countries, some investors may be getting ahead of themselves. In markets from South Africa to Mexico and South Korea, traders envision a faster pace of interest rate hikes than economists currently say is justified based on the inflation outlook. …

This is a new post from a article originally published on pundit.co.nz. It’s here with permission. Don’t you think that when a rating agency looks at New Zealand it just looks at the government debt to GDP ratio? It looks at a large number of indicators, some of which I …

KARACHI: Credit rating agency Fitch Ratings expects Pakistan’s growth to stabilize at 4% in the next fiscal year, supported by continued strengthening in domestic consumption and resilient manufacturing and construction activity. While asserting the default rating of Pakistan’s long-term currency issuers at “B-” with a stable outlook, Fitch said the …

Turkish Lira banknotes can be seen in this illustration taken on January 6, 2020. REUTERS / Dado Ruvic / Illustration The Turkish lira fell to a new high of 8.6 against the dollar on Friday amid fears of global inflation, expectations that the central bank will cut rates soon and …