Showing posts with label default. Show all posts
Showing posts with label default. Show all posts

Tuesday, May 23, 2023

US cities with military bases risk economic damage in debt ceiling fight: CNN

The United States could default on its debt in less than two weeks, and cities with a large military presence risk an economic firestorm if lawmakers don't act, according to a recent CNN report.

Tuesday, May 2, 2023

US Treasury Says Government May Default on Debt as Early as June

 US Treasury Secretary Janet Yellen sent a letter to Republican House Speaker Kevin McCarthy warning him that the federal government could hit its spending limit by June 1 if Congress does not raise the debt ceiling.

Saturday, March 11, 2023

Treasury Secretary Warns US House Members of 'Economic Collapse' from Default

US Treasury Secretary Janet Yellen urged members of the US House of Representatives on Friday to raise the federal debt ceiling without conditions, warning that a default on US debt would cause "economic and financial collapse".

Monday, February 20, 2023

EU Reports Wave of Bankruptcies

The number of insolvencies among EU businesses surged to the highest level during the final three months of 2022 since records began in 2015, as the bloc teeters on the edge of a recession, statistics agency Eurostat reported.

Friday, July 15, 2022

Ukraine expected to keep paying debt: IMF

The International Monetary Fund (IMF) expects Ukraine to continue to service its foreign debt, an IMF spokesperson has said, as speculation grows that Kyiv could default on its debt as the battle against Russia’s invasion rages on.

Monday, June 27, 2022

Russia misses deadline on debt payments

Russia has missed the deadline on payment of its foreign-currency sovereign debt for the first time in a century as the 30 day grace period on about $100m of two bond payments due on May 27 expired on Sunday.

Monday, November 13, 2017

Proche du défaut de paiement, le Venezuela face à une journée-clé

défaut de paiement
Deux réunions, l'une à Caracas et l'autre à New York, pourraient décider lundi du destin du Venezuela, au bord du défaut de paiement, une option farouchement niée par le président Nicolas Maduro, contre l'avis de toutes les agences de notation.

Wednesday, November 18, 2015

Friday, November 13, 2015

Kiev threatens with moratorium on debt repayment to Russia

Ukraine intends to introduce a moratorium on the payment of its $3 billion debt to Russia, if Moscow refuses to hold further negotiations on the debt restructuring, Ukraine’s Prime Minister Arseniy Yatsenyuk said during a joint press conference with US Treasury Secretary Jack Lew on Friday.

Saturday, October 10, 2015

Thursday, August 27, 2015

Monday, July 6, 2015

NO is YES to viable debt deal, says Greek PM after NO wins in referendum

Greek voters' resounding NO to the international creditors' debt deal offer in Sunday's landmark referendum does not mean a rift with Europe, but a YES to a viable agreement, Greek Prime Minister Alexis Tsipras said in a televised address on Sunday night.

Thursday, July 2, 2015

Moody's Cuts Greece Rating Deeper Into Junk Territory

 Moody's cut its credit rating for Greece to a deep-junk "Caa3" on Wednesday, warning it is now less likely that official creditors will support the country, whatever happens in Sunday's referendum.

Tuesday, June 30, 2015

Greek crisis: Neighbouring countries issue assurances

Greece’s four neighbouring countries have issued assurances in the wake of the country’s financial and economic crisis, imposition of bank closures and credit controls and as it appears headed for default.

Athens has plan B if EU refuses to finance Greece

Athens has "plan B" in case the EU does not resume its financial aid to Greece, Energy Minister Panagiotis Lafazanis said in an interview with the Rossiya 24 TV channel.

Greece proposes two-year debt deal with ESM to avert default

 Greece's government proposed a two-year debt deal with the European Stability Mechanism (ESM) in a last-minute bid to avert the countdown to default and a possible Grexit, office of Greek Prime Minister Alexis Tsipras said on Tuesday.

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“The U.S. must stop supporting terrorists who are destroying Syria and her people" : US Congresswoman, Tulsi Gabbard

US Congresswoman, Tulsi Gabbard, recently visited Syria, and even met with President Bashar Al-Assad. She also visited the recently libe...