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(Corrects headline to show ban applies to participating in primary market)FILE PHOTO: U.S. President Joe Biden delivers remarks on his plan to withdraw American troops…
View More Exclusive: Biden to bar U.S. banks from buying Russian government rouble debt in primary markets
FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch/File…
View More Canadian dollar recovers from 6-day low as greenback slides
WASHINGTON (Reuters) – Shalanda Young, a top contender to become President Joe Biden’s budget director after the White House withdrew its nomination of Neera Tanden,…
View More Biden deputy budget nominee Young praised by Republicans, White House keeps door open
PARIS — For nearly six months, Philippe Boreal and 120 of his fellow workers have been paid to stay home from their jobs at a…
View More When the Bill Comes Due in Europe, ‘How Are We Going to Pay for All This?’
WASHINGTON (Reuters) – Neera Tanden, President Joe Biden’s nominee to head the U.S. Office of Management and Budget, was skewered from both the right and…
View More Biden budget nominee grilled from right and left at second hearing
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