In Switzerland they come with their francs. © Jorg Greuel/Getty Images After a ruling by the Federal Constitutional Court, the German government is suddenly missing many billions. The reason is the debt brake – which the Germans copied from the Swiss of all people. Why does it work there but not in Germany? And what should … Read more
Kenya’s standard gauge railway is one of China’s major BRI projects in Africa. But because of Kenya’s high debt, the entire route has still not been built. Die Belt and Road Initiative (BRI), China’s global infrastructure program, will increasingly focus on problematic projects and insolvent borrowers in the future. This is the result of a … Read more
Mediotiempo Editorial Mexico City / 03.11.2023 12:53:27 He Credit Bureau is a private institution that is constituted as a Credit Information Society (SIC) which is dedicated to collecting financial information from all those users who request a loan from a Banking Entity. It is authorized by the Ministry of Finance and Public Credit (SHCP), with … Read more
Will the future “new commune” that Saint-Denis and Pierrefitte want to create by 2025, in Seine-Saint-Denis, really offer more resources than today to its inhabitants? This was the great promise of the two socialist mayors: “United, we will be stronger”, proclaimed Mathieu Hanotin and Michel Fourcade on April 5 in our columns, at the time … Read more
“Mirek loved his wife terribly. She was everything to him. But then he discovered her infidelity. In parallel, she maintained another relationship with him, which broke some time ago and destroyed Mirko.” a close friend who did not wish to be named gave a statement to Expres regarding the collapse of his marriage. But now … Read more
There are two groups of bondholders seeking debt restructuring talks, with one of the main groups close to appointing Moelis or PJT as financial advisers, the sources said. This group holds the firm’s foreign bonds in the amount of about two billion dollars (46.7 billion CZK) and consists of international investors and fund managers, one … Read more
Magdeburg has to take out another million-dollar loan. The reason is sharply increasing personnel costs, which are not covered by the budget for 2023, according to a resolution submitted to the city council. This involves an amount of around eight million euros, of which 5.4 million is attributable to inflation compensation money alone. This money … Read more
Al-Marsad newspaper: Finance Minister Mohammed Al-Jadaan explained that when the “creditor” state reduces the burden of debt on debtor countries, it is not a form of charity. He said during his participation in the annual meeting of the Monetary Fund and the World Bank that: “Politicians will need to educate their people that what the … Read more
Agáta Hanychová has another unsuccessful relationship behind her, this time with Jaromír Soukup, to whom she gave birth to a daughter, Rozárka. Due to the media mogul’s problems with his business, the couple’s coexistence has been more than toxic lately. In addition, the influencer does not even want to hear about the owner of TV … Read more
The UAE issued $1.5 billion in 10-year sovereign bonds, and the bonds will be listed on the London Stock Exchange and Nasdaq Dubai, according to a statement issued by the UAE Ministry of Finance. The bonds mature in September 2033 with a yield of 4.917%, representing a margin of 60 basis points over the same-term … Read more