The Heavy Mortgage of Spain’s Increasing Debt: A Look at the Government’s Extraordinary Spending

The Heavy Mortgage of Spain’s Increasing Debt: A Look at the Government’s Extraordinary Spending

Some 170 million euros to subsidize trains and buses for young people, 17 million for unions, an extraordinary 14 million for the public company Tragsatec in order to unblock European funds, 3.3 million as a credit supplement for the CIS, 10 million to subsidize the cinema for those over 65 years of age… Without forgetting … Read more

“President Biden warns of consequences of possible US default on debt”

“President Biden warns of consequences of possible US default on debt”

The President said that world leaders are wondering about the possibility of defaulting in the US. “Because if we default on our debt, the whole world will be in trouble,” Biden said. At the same time, the head of state stressed that he considers the risk of default an “artificially created crisis,” but warned of … Read more

“US Treasury Secretary warns debt limit must be raised by Congress”

“US Treasury Secretary warns debt limit must be raised by Congress”

“After reviewing recent federal tax revenues, our best estimate is that we will not be able to continue meeting all government commitments by early June, and potentially as early as June 1, unless Congress raises or suspends the debt limit,” the Treasury Secretary said in a letter. USA Janet Yellen to Congress. As a result, … Read more

US Treasury Secretary Janet Yellen warns of potential default as federal tax collection falls short

US Treasury Secretary Janet Yellen warns of potential default as federal tax collection falls short

US Treasury Secretary Janet Yellen announced Monday that the federal state has collected less tax than expected. By Le Figaro with AFP Published on 01/05/2023 at 22:51update on 02/05/2023 at 00:48 This content is not accessible. US Treasury Secretary Janet Yellen. POOL / REUTERS The United States got a little closer to a potential default … Read more

Durango. The town hall will receive a loan of 80 million pesos for Christmas bonuses

Durango.  The town hall will receive a loan of 80 million pesos for Christmas bonuses

Juan Carlos Lozano Durango, Durango / 29.10.2022 17:36:00 The Durango City Hall will receive a loan of 80 million pesos to cover end-of-year commitments, to pay workers. The municipality has a bank rating of a +or with the approval of the acquisition of these short-term credits. The financial situation faced by the City of Durango … Read more

Russian default – Russia made payments on Eurobonds in foreign currency

Russian default – Russia made payments on Eurobonds in foreign currency

It is noted that the funds for the payment of income on these bonds in the amount of 71.25 million dollars and 26.5 million euros were received by the paying agent for Eurobonds – NCO National Settlement Depository JSC. “Thus, the obligations to service government securities of the Russian Federation have been fulfilled by the … Read more

Default in Russia – the US wants to ban the Russian Federation from making payments on public debt

Default in Russia – the US wants to ban the Russian Federation from making payments on public debt

The US authorities plan to deprive Russia of the ability to make payments on bonds as early as May 25. As a result, the default in Russia will come even faster than expected. – It is noted that the US Department of the Treasury will cancel the so-called general license, which excludes the possibility of … Read more

Sub-Saharan Africa, a field of expansion for China

Sub-Saharan Africa, a field of expansion for China

“China has become, in twenty years, the main donor of sub-Saharan Africa, holding 62.1% of its bilateral external debt in 2020, against 3.1% in 2000”, reports the direction of the Treasury, in a bulletin of November 2021. → ANALYSIS. The debt of African countries arouses appetite In absolute terms, the country is therefore the region’s … Read more

Valérie Pécresse’s economic program

Valérie Pécresse’s economic program

It was she who said it, in an interview with Point last August: Valérie Pécresse, nominated by Les Républicains as candidate for the presidential election, is defined as a mixture of Angela Merkel – for two thirds – and Margaret Thatcher, for the remaining third. Its economic program, assumed to be “liberal”, reflects this. Review … Read more

Ukraine’s debt grew by $ 1 billion in a month

Ukraine’s debt grew by $ 1 billion in a month

Photo: Telegraph The Ministry of Finance told about the state debt of Ukraine – – The amount decreased in hryvnia equivalent by 2.36 billion hryvnia, and in dollar terms, the debt increased by 1.0 billion dollars. As of the end of June, the state and state-guaranteed debt of Ukraine amounted to UAH 2,514.36 billion. In … Read more