Argentina to request IMF for an extended fund facility
This will allow the country to develop a host of economic reforms and delay repayment of loan worth $44 billion...
Tag : debt
Egypt’s external debt increases 17.47% to $109.363 bn last September
The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion...
UAE’s new insolvency law to protect individuals mired in debt
The new insolvency law will enhance the country’s competitiveness in the ease of doing business...
Fear of bankruptcy hangs over Pakistan on its independence day
The State Bank of Pakistan has only about $10 bn of foreign exchange reserves left...
Greece is putting debt crisis behind
2017 looks set to provide the necessary springboard for sustainable economic growth and renewed optimism...
‘2017 will be a year of volatility, and that offer opportunities’
CAMRADATA Global Investment has collated the top 10 global investment trends with feedback from its asset management clients January 12, 2017: CAMRADATA, a leading provider of data and analysis for institutional investors, has collated the top 10 global investment trends for 2017 from a range of its asset management clients. Sean Thompson, Managing Director, CAMRADATA...
Enforcing debt when trading with Eurozone customers
Implications of Brexit and the importance of a carefully designed risk management strategy Sophie Brackenbury September 19, 2016: Our commercial dispute resolution team was recently instructed to advise on the enforcement of a debt owed to a German business (our client) by a UK company, as part of our debt recovery service. The outcome was...
Corporate and municipal debt hold steady
Pre-trade municipal bond activity edges higher in June July 19, 2016: CUSIP Global Services (CGS) announced the release of its CUSIP Issuance Trends Report for June 2016. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, suggests a steady issuance of new corporate and...
Doubts on Greek deal remain
The government doesn’t share the ideological underpinnings of the requested austerity measures Peter Vanden Houte August 14, 2015: It seems as if a deal on a third bail-out package (€86 bn over the next three years) between the Greek government and representatives from the IMF, the European Commission, the ECB and the ESM has been...
Argentina sues and suspends Citibank
The reason is the bank’s exit from its bond custody business Kamilia Lahrichi April 14, 2015: The Argentine left-wing government is suing in local courts Citibank Argentina, the country’s 12th largest bank by deposits and a subsidiary of Citigroup, for exiting its bond custody business, Economy Minister Axel Kicillof said on April 8, 2015, in...