Foreign debt
Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head
Bonds may be more than just a safe haven. BondBloxx ETFs’ Tony Kelly, a former Goldman Sachs Asset Management global ETF head, contends it’s where investors can also play offense due to the market backdrop. “It’s definitely getting more nuanced,” the firm’s co-founder told CNBC’s “ETF Edge” this week. “Advisors are being a bit more thoughtful […]
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Sri Lanka reaches offer on credit card debt restructuring with bilateral lenders like China and France
Sri Lanka’s President Ranil Wickremesinghe introduced a debt restructuring offer with countries which includes India, France, Japan and China in a televised tackle to the country Wednesday. The settlement marks a vital step in the country’s economic restoration just after defaulting on personal debt reimbursement in 2022. Sri Lanka President Media Division / Handout | […]
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Laos is spiraling towards a personal debt crisis as China looms huge
A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Photographs An alarming financial debt disaster has unfolded in Laos in the latest yrs, elevating concerns about the little nation’s obligation to its most significant creditor — China. China became the most significant foreign trader […]
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State Garden attracts closer to credit card debt deadline, as default risk looms
Country Backyard garden shares tumbled to fresh 8-thirty day period lows Monday, extending losses on renewed debt fears for the Chinese home sector. Long run Publishing | Long term Publishing | Getty Photographs All of State Back garden‘s offshore personal debt could perhaps be in default if the Chinese assets developer fails to make a […]
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Honduras ditching Taiwan raises greater geopolitical problems
The countrywide flags of Honduras and Taiwan are witnessed at the Republic of China Square in Tegucigalpa on March 15, 2023. Stringer | AFP | Getty Illustrations or photos Honduras’ determination to slice diplomatic ties with Taiwan in favor of China is nevertheless yet another sign of developing Chinese impact in Latin The usa. For […]
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China’s finance minister and central bank governor will show up at financial debt roundtable in India, IMF states
The People’s Bank of China headquarters in Beijing. Tomohiro Ohsumi | Bloomberg | Getty Visuals China’s finance minister and its central lender governor will attend a roundtable with other creditors and some borrowing nations in February in India, IMF Controlling Director Kristalina Georgieva reported in a CBS 60 Minutes job interview on Sunday. “China has […]
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