debt-sustainability
Top StoriesMarkets Edgy as US Debt Ceiling Talks Near Crunch Time
TradingWall Street Gains, Dollar Climbs on Solid Data, Debt Ceiling Progress
Top StoriesEuropean Shares Weighed by US Debt Ceiling Concerns, Slide in Financials
Top StoriesOrpea Slides to Annual Loss of 4 Billion Euros on Asset Depreciation
French Retailer Casino’s Shares Slump 6% After S&P Downgrade
Date: May 10, 2023
French retailer Casino’s shares slump 6% after S&P downgrade PARIS (Reuters) -Shares in French retailer Casino fell more than 6% on Wednesday after Standard & Poor’s cut its long-term credit and placed all its ratings on credit watch, citing restructuring risk and weak liquidity. With about 3 billion euros ($3.3 billion) of debt maturing in...
Dollar Eases Before Inflation Data, With Nagging Worries Over Debt Ceiling Impasse
Date: May 10, 2023
Dollar eases before inflation data, with nagging worries over debt ceiling impasse By Rae Wee SINGAPORE (Reuters) – The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves were marginal amid caution ahead of U.S. inflation data later...
7 Steps for Successfully Consolidating Debt
Date: May 2, 2023
Are you tired of making minimum monthly payments on credit card balances that never seem to go down? Most people think debt consolidation is getting a loan to pay off those cards. That’s one way to do it, but there are other debt consolidation techniques that may be a better fit for your situation. The...
Analysis-No China, No Deal: Bid to Break Sovereign Debt Logjams Gets Weary Thumbs Up
Date: April 14, 2023
Analysis-No China, no deal: Bid to break sovereign debt logjams gets weary thumbs up By Libby George and Marc Jones LONDON (Reuters) – The latest bid by the world’s leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism...
Sovereign Debtors, Creditors Agree on Steps to Jumpstart Debt Restructurings
Date: April 13, 2023
Sovereign debtors, creditors agree on steps to jumpstart debt restructurings By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed ways to jumpstart and streamline long-stalled debt restructuring efforts, including through improved data sharing and clearer timetables. The World Bank, International Monetary Fund and India, current president of...
Telecom Italia in Talks With Unions on up to 2,000 Job Cuts in Italy
Date: March 21, 2023
MILAN (Reuters) – Telecom Italia (TIM) is seeking to cut as many as 2,000 jobs in Italy through a voluntary early retirement scheme as part of the former phone monopoly efforts to streamline its domestic operations, sources familiar with the matter said. Fresh plans aimed at reducing a workforce which numbers some 40,000 in Italy...