Tag: bailout
Facing its worst economic crisis, Pakistan reaches draft deal for critical US$3 billion IMF bailout
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on this: https://sc.mp/29qg Pakistan has reached a draft deal for US$3 billion in financial aid from the International Monetary Fund (IMF) after an 8-month delay, the IMF announced on June 30, 2023. The decision was long awaited by the South Asian nation, which has been teetering on the brink of default while struggling with…
Credit Suisse Bailout Controversy Deepens: Uncovering the Truth Behind the AT1 Capital Bonds Write-Down
Credit Suisse’s AT1 Bondholders Left Out in the Cold: A Closer Look at the Controversial Bailout Deal The post Credit Suisse Bailout Controversy Deepens: Uncovering the Truth Behind the AT1 Capital Bonds Write-Down appeared first on Rich TVX News International: Rich TVX News – Breaking News and Latest Videos.
The Credit Suisse Bailout: Unveiling the Truth Behind What Really Happened
Discover the impact of the bailout on the bond market and the legal action being taken by Swiss investors. The post The Credit Suisse Bailout: Unveiling the Truth Behind What Really Happened appeared first on Rich TVX News International: Rich TVX News – Breaking News and Latest Videos.
FTX: Cryptocurrency giant Binance walks away from bailout
Binance says it will not pursue a rescue deal with its smaller rival citing reports of ‘mishandled customer funds’. The post FTX: Cryptocurrency giant Binance walks away from bailout appeared first on Rich TVX News Network.
German bailout of struggling energy giant may reach €60 billion – Bloomberg
Uniper is facing financial ruin after the reduction in Russian natural gas supplies Berlin is getting ready to boost financial aid to Uniper, the country’s largest gas supplier, which has been brought to the brink of insolvency due to rising energy prices, Bloomberg reported citing sources familiar with the matter. According to the report, the government may up the aid to €60 billion ($60 billion)….
🇬🇭 Ghana in crisis: U-turn on IMF bailout sparks outcry | The Stream
Ghana’s economy has been crippled by the pandemic, rampant inflation, the war in Ukraine and a depreciating currency. Now analysts warn that the country is close to a crisis. In May the central bank governor said Ghana faced an overall balance of payments deficit of $934.5m in the first quarter of 2022, compared with $429.9m in the same period last year. Growth slowed to 3.3…