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Tag: debt

Biden ramps up pressure on House GOP in debt limit impasse
Economy

Biden ramps up pressure on House GOP in debt limit impasse

May 10, 2023May 10, 2023

President Joe Biden is intensifying his marketing campaign to influence House Republicans to lift the U.S. debt restrict after a gathering on the White House

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As default crisis looms, US aims to break debt-ceiling standoff
Economy

As default crisis looms, US aims to break debt-ceiling standoff

May 8, 2023May 8, 2023

President Joe Biden and key members of each Republican and Democratic events are attributable to have a gathering this week to resolve a three-month-long impasse

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US could run short of cash by June without debt ceiling hike
Economy

US could run short of cash by June without debt ceiling hike

May 2, 2023May 2, 2023

Treasury Secretary Janet Yellen mentioned Monday that the U.S. might default on its debt as early as June 1 if legislators don’t increase or droop

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Public debt growing faster than pre-COVID-19 projections: IMF
Business

Public debt growing faster than pre-COVID-19 projections: IMF

April 12, 2023April 12, 2023

Driven primarily by the United States and China, the world’s two largest economies, public debt is increased and rising quicker than projected earlier than the

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Adani’s market loss hits B in ‘colonial-era massacre’-like rout
Economy

Adani’s market loss hits $65B in ‘colonial-era massacre’-like rout

February 8, 2023February 8, 2023

Shares in India’s Adani Group, run by Asia’s richest man, prolonged their sharp declines on Monday, because the conglomerate’s response to a report by a

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Slammed by B stock rout, Adani no longer Asia’s richest person
Economy

Slammed by $86B stock rout, Adani no longer Asia’s richest person

February 7, 2023

Shares of most Adani Group firms tumbled once more on Wednesday, extending losses to $86 billion after a short-seller report criticized the Indian conglomerate and

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India’s Adani empire loses top 0B after share debacle
Economy

India’s Adani empire loses top $100B after share debacle

February 7, 2023

The turmoil of Adani Group deepened on Thursday because the Indian conglomerate’s market losses swelled to greater than $100 billion, sparking worries about their potential

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Türkiye sees public debt restructuring bringing in .32 billion
Business

Türkiye sees public debt restructuring bringing in $5.32 billion

February 6, 2023February 6, 2023

Some TL 100 billion ($5.32 billion) in funds is anticipated as a part of Türkiye’s restructuring of public debt price TL 1 trillion below a

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Türkiye working on draft law for wide-ranging debt restructuring
Economy

Türkiye working on draft law for wide-ranging debt restructuring

January 24, 2023

Türkiye’s ruling Justice and Development Party (AK Party) is getting ready a draft legislation to let folks and corporations restructure debt with public establishments, the

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Japan warns of severe finances as BOJ struggles to contain yields
Business

Japan warns of severe finances as BOJ struggles to contain yields

January 23, 2023January 23, 2023

Finance Minister Shunichi Suzuki warned on Monday that Japan’s funds have been changing into more and more precarious, simply as markets check whether or not

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