UPDATE 1-Belize debt amendment deal with creditors prompts ratings downgrade
(Adds comment from creditors’ legal counsel) By Rodrigo Campos NEW YORK, Aug 12 (Reuters) – A deal between Belize and its creditors to [...]
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U.S. household debt falls amid COVID-19 spending cutbacks
(Reuters) – U.S. households cut their debt for the first time in six years in the second quarter, led by a record drop [...]
U.S. household debt falls amid COVID-19 spending cutbacks
(Reuters) – U.S. households cut their debt for the first time in six years in the second quarter, led by a record drop [...]
Virgin Australia to axe one-third of workforce, focus on short haul under Bain
SYDNEY, Aug 5 (Reuters) – Virgin Australia Holdings Ltd said on Wednesday it would make permanent cuts to one-third of its workforce and [...]
Argentina says strikes $65 billion debt deal to break impasse
LONDON/BUENOS AIRES (Reuters) – Argentina said on Tuesday it had reached a deal with three creditor groups to restructure $65 billion in sovereign [...]
Argentina creditors seek global support for bond clause changes
NEW YORK/LONDON (Reuters) – A group of Argentina’s creditors has contacted the Institute of International Finance and other global bodies for support to [...]
Argentina says it will not raise 'last' debt offer, willing to tweak legal terms
BUENOS AIRES (Reuters) – Argentina’s government reaffirmed on Saturday that it would not budge from its latest proposal to restructure around the $65 [...]
UPDATE 3-Argentina's $65 bln debt deal inches closer despite standoff
(Updates with quote from Fernandez) By Adam Jourdan, Karin Strohecker and Rodrigo Campos BUENOS AIRES/LONDON/NEW YORK, July 21 (Reuters) – Argentina and its [...]
UPDATE 2-Argentina creditors close ranks over debt deal as government digs in
(Adds Economy Ministry no comment) By Adam Jourdan and Karin Strohecker BUENOS AIRES/LONDON, July 20 (Reuters) – Argentina’s three main creditor groups closed [...]
Extension of G20 debt freeze for poorest countries 'highly probable': Reinhart
WASHINGTON (Reuters) – The Group of 20 major economies is likely to extend a freeze in debt service payments on official bilateral debt [...]