Egypt’s FM urges stronger African role in global governance
Egyptian Minister of Foreign Affairs and Immigration Badr Abdel-Aty said the current international system is facing…
Browsing Tag
debt crisis
Greece allocates additional €3.5b for pensions, wages
Greece will allocate an additional 3.5 billion euros ($3.9 billion) in 2025 for pension and wage increases, as well…
China’s Kaisa unveils debt restructuring plan
Kaisa Group, a Chinese property developer, took a major step in resolving its offshore debt crisis by reaching an…
Africa’s high debt service stalls 2030 agenda progress – UN
Africa is grappling with multiple crises, including a 183 per cent debt increase since 2010, quadruple the region’s…
Greece to fast-track repayment of €5b in eurozone bailout loans
Greece is planning an early repayment of up to €5 billion ($5.34 billion) of bailout loans to eurozone countries…
China Vanke receives govt. support amid property crisis
China’s government stepped in to bolster China Vanke, a state-backed property firm currently facing financial…
China’s top real estate developer anticipates weak market in ’24
Country Garden, China’s top real estate developer anticipates the Chinese real estate market to remain weak in…
Stocks shrug off U.S. shutdown, dollar dips
World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar…
Greece agrees fresh bailout terms: Greek finance minister
https://www.youtube.com/watch?v=7ECB8DjXu30
Greece has agreed fresh bailout terms with its international…
Europe steadies before Greece Summit, China Stocks fall again
European stock and bond markets steadied on Tuesday before a euro zone leaders summit to discuss the Greek debt…
Gold Near 3-Month High On ECB Hopes
Gold on Wednesday hovered near a 3-1/2 month high hit in the previous session, as investors remained hopeful the…
Nikkei Ticks Up, Hits 3-Month High For 2nd Session
Japan's Nikkei share average inched up on Monday to hit a three-month closing high for the second session in a row…
Europe Stocks Choppy As ECB Decision Looms
European stock markets inched cautiously higher in early trade on Thursday, led by banks and oil firms, as…
Italy Eyes Euro Zone Aid To Ease Debt Pain
Italy said on Tuesday it may want to tap euro zone aid to ease its borrowing costs as finance ministers struggled…
25% of Spain Population Lives Below Poverty Line: New Report
A recent report released by a Spanish institution says 25 percent of Spain’s population lives below poverty line, 2…
FAO: World Food Prices Dip In May
World food prices dropped in May for a second month in a row, hit by steep falls in dairy products, sugar and other…
Spain Banks’ ECB Borrowings Jump To $300 Bln in March
Spanish banks’ borrowings from the European Central Bank jumped by almost 50 percent in March, reaching the most on…
Asian Stocks Lower Most This Year On Europe Stocks Concerns
Asian stocks fell, with the regional benchmark index capping its biggest weekly loss this year, after the…
European Stocks 3rd Day Down On Spanish Bonds’ Fall
European stocks retreated, extending the benchmark Stoxx Europe 600 Index’s biggest slide in four weeks, as Spanish…