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Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says
Business Insider via Yahoo Finance· 3 days agoSlok also pointed to commercial real estate, a sector that's been the source of widespread fears...
IMF says talks with Ethiopia 'made substantial progress', but are ongoing
Reuters via Yahoo Finance· 5 hours agoEthiopia, which defaulted on its debt in December, has not received any IMF funds since 2020 and its last lending arrangement with the fund went off track ...
IMF says talks with Zambia on loan review focused on drought, financing conditions
Reuters via Yahoo Finance· 5 hours agoThe International Monetary Fund on Thursday said that discussions with Zambia over the third review of its loan package were focused on the impact of its drought and "difficult financing conditions ...
Bolt founder Ryan Beslow wants to settle an investor lawsuit by returning $37 million worth of...
TechCrunch· 4 hours agoThe investor accused Breslow of adding $30 million to Bolt’s balance sheet in the form of personal ...
Principal Asset Management names leader for new private-infrastructure debt effort
Pensions & Investments· 1 day agoPrincipal Asset Management launched a new private infrastructure debt capability and hired Mansi Patel as a senior managing director to oversee the effort. Patel serves as ...
Pharrell Williams-Backed Surf-Park Project Gets Virginia Beach Funding
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Virginia Beach tapped the municipal bond market to help fund a surf-park development...
CFPB Compensates Victims Of Phantom Loan Scheme
National Mortgage Professional· 1 day agoThe Consumer Financial Protection Bureau (CFPB) is cracking down on financial institutions attempting to collect phantom debt from borrowers that is old,...
House GOP looks to undercut McCarthy-Biden deal for 2025 funding
The Hill· 4 hours agoRepublicans are proposing about $895 billion for defense programs and $710.7 billion for nondefense...
New York’s Proposed “Sovereign Debt Stability Act”: An Overview | JD Supra
JD Supra· 2 days agoSince 2021, the New York Legislature has considered a number of draft bills aimed at facilitating sovereign debt restructurings and helping distressed sovereign debtors obtain ...
Peru Zinc Miner Volcan to Avoid Debt Haircut, New Owner Says
Bloomberg· 3 days agoVolcan Cia Minera SAA plans to make a series of debt payments through August and to refinance later...