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Ghana close to signing debt rework MoU with official creditors, sources say
Reuters· 5 hours agoThe memorandum formalises a provisional deal reached in January with government creditors, including...
Zombies: Ranks of world's most debt-hobbled companies are soaring, and not all will survive
San Francisco Chronicle· 1 hour agoThey are called zombies, companies so laden with debt that they are just stumbling by on the brink...
They accrued debt to buy back their own stock. It led them to bankruptcy
Fortune· 28 minutes ago“They’re going to get crushed,” Valens Securities Managing Director Robert Spivey said of the weakest zombies. Zombies are commonly defined as companies that have failed to make enough money ...
Japan has ways to avoid a sovereign debt crunch
Reuters· 7 hours agoAs interest rates rise, investors are once again fretting about the sustainability of government debt across the developed world. Financial crises,...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 4 days agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...
Hannon’s Take: U.S. Government Debt Is A Growing Concern
The Wall Street Journal· 1 day agoThe changing outlook for the Federal Reserve’s key interest rate has been a preoccupation for many...
Allies make progress on using Russian assets for Ukraine, U.S. official says
Investing.com· 4 days agoWASHINGTON (Reuters) -The United States and its G7 partners are making progress on finding ways to...