U.S. debt limit threat defanged on Wall Street
Wall Street trembled when Republicans first began threatening to force the United States into default by not…
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debt
Pimco, others sue Citigroup over billions in mortgage debt losses
Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank's alleged failure to…
Debt limit, budget deals take shape in Congress
U.S. House Speaker John Boehner and other congressional leaders raced to finalize a sweeping two-year budget deal…
Egypt’s external debt hits record high at end-June – c.bank
Egypt’s external debt hit a record of US$48.062 billion by the end of June 2015, the central bank said Monday. On…
IMF’s Lagarde says restructuring should suffice for Greek debt
A form of debt restructuring rather than outright forgiveness should enable Greece to handle its "unviable" debt…
NIB-Egypt eyes settling military production debts
The National Investment Bank (NIB) seeks to reach a debt settlement agreement worth 4.5 billion Egyptian pounds…
IMF calls for Greek Debt relief after Bailout approved
The International Monetary Fund has called on eurozone ministers to offer Greece debt relief, following the…
Greece, Lenders clinch Bailout Deal after Marathon Talks
Greece and its international lenders clinched a multi-billion-euro bailout agreement on Tuesday after marathon…
Société Générale profit soars 25%
Société Générale SA said Wednesday second-quarter net profit jumped 25%, lifted by the performance of its large…
Greece to vote on bailout after explosive IMF report
Greece on Wednesday geared up for a parliamentary vote on draconian reforms demanded by eurozone creditors in…