debt-sustainability
Top StoriesGerman Finance Minister Praises Greek Reforms, Says Must Continue
Top StoriesFrench Finance Minister: Rising U.S. Bond Yields Show That ‘era of Cost-Free Money Is Over’
Top StoriesECB Sowing Messy ‘some of What It Takes’ Signal: Mike Dolan
Top StoriesBulgaria’s Itn Party Exits Coalition Government
Brothers at Odds, but Ruling Family Still Holds Key to Sri Lanka’s Future
Date: June 8, 2022
By Alasdair Pal and Devjyot Ghoshal COLOMBO (Reuters) – It was the moment when two brothers who had dominated Sri Lanka’s politics for nearly 20 years finally went their separate ways. On May 9, when a crowd of ruling party supporters marched towards activists protesting against a crippling economic crisis, President Gotabaya Rajapaksa ordered police...
Timeline: The Bolsheviks to Putin: A History of Russian Defaults
Date: June 1, 2022
By Jorgelina do Rosario LONDON (Reuters) – In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks’ repudiation of Russia’s external debt: “Gentlemen, you were warned.” He reminded them that dismissal of Tsarist-era debt had been a key manifesto of the failed uprising in 1905. More than a century later, Russia stands...
Exclusive-Glencore Helps Zambia’s Mopani Copper Mines Pay Bills
Date: May 31, 2022
By Helen Reid JOHANNESBURG (Reuters) – Mining and commodity trading giant Glencore has helped to fund Zambia’s Mopani Copper Mines as the company has been unable to pay its bills on time and the state has yet to find a new investor more than a year after it took over the complex. Glencore, which sold...
Analysis-Russia’s ‘political’ Debt Default Sets Emerging Market Precedent
Date: May 27, 2022
By Davide Barbuscia and Sujata Rao NEW YORK/LONDON (Reuters) – Russia is on the cusp of a unique kind of debt crisis which investors say would be a first time a major emerging market economy is pushed into a bond default by geopolitics, rather than empty coffers. Until the Kremlin launched an attack on Ukraine...
Russia Pushed Closer to Brink of Default After U.S. Payment License Expires
Date: May 25, 2022
By Daphne Psaledakis and Karin Strohecker WASHINGTON/LONDON (Reuters) -The United States pushed Russia closer to the brink of a historic debt default on Wednesday by not extending its license to pay bondholders, as Washington ramps up pressure on the country following its invasion of Ukraine. The U.S. Treasury Department late on Tuesday it would not...
Soccer-Police Arrest Man After Blades Skipper Sharp Attacked
Date: May 18, 2022
(Reuters) – Nottinghamshire Police on Wednesday arrested a 31-year-old man on suspicion of assault after Sheffield United’s Billy Sharp was attacked on the pitch at the end of the second leg of their Championship playoff semi-final at Nottingham Forest. Forest supporters ran onto the pitch when the hosts sealed a 3-2 win on penalties, after...