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University Arms hotel outline their coronavirus measures It has nearly doubled in 12 months and worked out at a staggering £5.6million per day in interest…
View More Uni students hit record £2bn in interest payments added to ‘runaway train’ loan debts
In the evolution of the U.S. economy over the past four decades, one fact stands out as especially puzzling: the large and fairly steady decline…
View More The Puzzle of Low Interest Rates
Rishi Sunak has warned of cuts as the UK’s debt reached a record high of more than £2 trillion. Public sector debt has reached a…
View More UK debt goes over £2,000,000,000,000 for first time ever
NEW YORK (Reuters) – Global debt is expected to soar to a record $277 trillion by the end of the year as governments and companies…
View More Global debt to hit record $277 trillion by year end on pandemic spending splurge: IIF
NEW YORK (Reuters) – Rising expectations that a Biden victory and a Democratic sweep of Congress would result in broad fiscal stimulus roused U.S. bond…
View More U.S. bond yields whipsawed by Trump's stimulus halt
BUENOS AIRES/LONDON (Reuters) – Out with the old. In with the new. Argentina’s old sovereign bonds took their final bow on Friday after a near…
View More Argentina's old bonds wave goodbye as focus turns to new debt
SYDNEY (Reuters) – Soaring demand for Vanuatu’s controversial passport scheme has kept the South Pacific island nation’s budget in surplus despite the COVID-19 pandemic and…
View More Vanuatu's citizenships-for-sale scheme keeps economy afloat
LONDON/BUENOS AIRES (Reuters) – Argentina has reached an agreement with creditors to restructure around $65 billion in sovereign debt, breaking a deadlock in talks the…
View More Argentina buries ghost of default with $65 billion debt deal
LONDON/BUENOS AIRES (Reuters) – Argentina said on Tuesday it had reached a deal with three creditor groups to restructure $65 billion in sovereign debt, potentially…
View More Argentina says strikes $65 billion debt deal to break impasse
(Reuters) – A group of Argentina’s biggest creditors is willing to lower its demands and strike a deal quickly in the country’s $65 billion debt…
View More Argentina's biggest creditor group may lower demand if government ups offer: sources
BUENOS AIRES/LONDON (Reuters) – Argentina’s $65 billion debt restructuring talks teetered on the edge on Wednesday after two key creditor groups knocked back the country’s…
View More Argentina debt talks rocked as creditor groups knock back 'final' offer (Reuters) – Hertz Global Holdings Inc (HTZ.N) is in talks for a bankruptcy loan of up to $1 billion to fund its business reorganization after…
View More Hertz seeks bankruptcy loan after suspending stock sale: WSJ
BUENOS AIRES/LONDON (Reuters) – Argentina and its creditors have edged closer to a deal after a second round of proposals were exchanged between key bondholders…
View More 'Getting closer': Argentina, creditors edge towards deal as new offers exchanged
BUENOS AIRES (Reuters) – Argentina’s talks with creditors over restructuring around $65 billion in foreign debt could reach a breakthrough “in a matter of days,”…
View More Exclusive: Argentine debt talks could reach a breakthrough in days – source