debt
Russia’s version of Google warns it may not be able to pay its debts
World
March 6, 2022
Russia’s version of Google warns it may not be able to pay its debts
London (CNN Business) – Russia’s biggest search engine could collapse as financial fallout from the invasion of Ukraine spreads. Yandex…
How new Western sanctions might target Russia
World
December 9, 2021
How new Western sanctions might target Russia
LONDON, Dec 8 (Reuters) – With tensions high between Moscow and Western powers, Russia faces the risk of new sanctions, possibly the…
Blinken says US investing in Africa without unsustainable debt
World
November 21, 2021
Blinken says US investing in Africa without unsustainable debt
DAKAR, Nov 20 (Reuters) – US Secretary of State Antony Blinken said on Saturday his country was investing in Africa…
Yemen to get $655 mln of IMF reserves in new SDR allocation
Middle East
August 23, 2021
Yemen to get $655 mln of IMF reserves in new SDR allocation
ADEN, Aug 23 (Reuters) – Yemen will receive about $665 million worth of reserves from the International Monetary Fund (IMF)…
Pandemic leaves Indians mired in massive medical debts
World
July 26, 2021
Pandemic leaves Indians mired in massive medical debts
NEW DELHI (AP) — As coronavirus cases ravaged India this spring, Anil Sharma visited his 24-year-old son Saurav at a…
Official: Sudan seeking debt relief from Gulf Arab nations
Middle East
July 19, 2021
Official: Sudan seeking debt relief from Gulf Arab nations
CAIRO (AP) — Sudan will seek relief from wealthy Gulf Arab nations, aiming to get as much as 60 percent…
World Bank: Lebanon’s crisis among world’s worst since 1850s
Middle East
June 1, 2021
World Bank: Lebanon’s crisis among world’s worst since 1850s
BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world…
British retail faces “tsunami of closures” without rent help
World
May 30, 2021
British retail faces “tsunami of closures” without rent help
Britain’s retail sector will endure a “tsunami of closures” if the government does not extend a moratorium on aggressive debt…
Sudan seeks debt relief pledges, investment at Paris conference
Middle East
May 17, 2021
Sudan seeks debt relief pledges, investment at Paris conference
Sudan hopes to entice investors and secure pledges to pay off its arrears to the International Monetary Fund at a…
Will Lebanese banks crash Middle East finances?
Middle East
April 1, 2021
Will Lebanese banks crash Middle East finances?
Lebanon has been known as “the Switzerland of the Middle East” for decades because of its strict banking secrecy laws.…