Debt

Former US Secretary of State Hillary Clinton warned that a US default on its debt obligations could lead to a global financial collapse. She stressed that "if Congress continues to court defaults, calls to isolate the dollar as the…

Economy Debt payments exceed current state expenditures Tuesday, April 25, 2023 Cabinet Secretary Professor Nguguna Ndongo with Principal Secretary Dr Chris Kiptu. file image | NMG Debt repayments for the first nine months…

breadcrumb links PMN Business Article author: Posted April 20, 2023 • 3 minutes to read Article content NEW YORK - The debt ceiling battle looms large in the United States again, giving investors yet another…

For some context, the deadline for this is currently early June, and the can is usually on the way. We'll likely see Yellen announce a revised date in the near future on this matter.However, JPMorgan says it expects both the debt ceiling…

(Bloomberg) -- A Japanese insurer with $65 billion in assets plans to unload all of its holdings of currency-hedged foreign debt, heralding what could become a renewed wave of selling by some of the largest investors in global bond…

AP PicturesInvestors are concerned that the United States may default on its debt.The Financial Times reports that demand for debt insurance has skyrocketed, while demand for US Treasuries has fallen.The Congressional Budget Office warned…

China will cooperate to resolve the stalemate over developing countries' sovereign debt restructuring, a senior official said, as Beijing appears to be softening its stance in fraught negotiations over a series of defaults.China's…

breadcrumb links PMN Business Article author: Posted April 13, 2023 • 2 minutes to read Article content World Bank President David Malpass said on Thursday that progress on sovereign debt issues will be…

MicroStrategy has bought more than 6,000 bitcoins after fully satisfying Silvergate's massive debt obligations. MicroStrategy Incorporated (NASDAQ:MSTR) recently increased its holdings of Bitcoin (BTC) after paying off a recent loan from…