The U.S. national debt has surpassed $28 trillion for the first time, according to the U.S. Treasury Department.
InvestorsholdingbillionsofdollarsindefaultedVenezuelanbondshaveformedatleastonebondholdercommitteethatisseekingafinancialadviser,accordingtoseveralsourcesfamili
China’slocalgovernmentsatalllevelshaveacceleratedtheestablishmentofasoundandstandarddebtfinancingmechanismtopreventandtacklefinancialrisks,saidaseniorofficialof
IHeartMediaIncfiledforChapter11bankruptcyonThursdayasthelargestU.S.radiostationownerreachedanin-principleagreementwithcreditorstorestructureitsoverwhelmingdebtl
AChineseregulatortakingdirectcontrolofadebt-riddenfinancialentityundersomeextremecircumstancescanstabilizethetransitionandpreventsawolffrombecomingawolfpack,sai
BeijingonWednesdayrejectedrecentclaimsbyaWashington-basedthink-tankthatloansofferedunderChina’sBeltandRoadInitiative(BRI)willelevatedebtrisksinseveralcountriesi
USSecretaryofStateRexTillersonflewtoEthiopiaonWednesday,kickingoffhisfirsteverdiplomaticvisittoAfrica.Theeight-dayvisitcomesabouttwomonthsafterthecountry'sPresi
Aninnovativeexchangeofsovereigndebtformarineconservation,backedbythelikesofLeonardoDiCaprio,couldpavethewaytosavinglargeswathsoftheworld’soceansThetropicalislan
ZambiawillrearrangeloansfromChinesecompaniesandinsteadlooktoborrowdirectlyfromtheChinesegovernmentinabidtosatisfyInternationalMonetaryFundconditionsandunlockapo
SaudiArabiahasacceleratedstepstoresolvea$22-billiondebtdisputethatisseenbyinvestorsasalitmustestofCrownPrinceMohammedbinSalman’scommitmenttoreforms,threesources
LocalgovernmentsinChinaissuedlessdebtin2017amidofficialeffortstoeasethecountry'sdebtburden,marketdatashowed.Localgovernmentsraised4.36trillionyuan(about670billi
JiaYueting,aChineseInternettycoon,hasbeenorderedbytheChinaSecuritiesRegulatoryCommission(CSRC)todealwiththemountingdebtofLeEco,thecompanyhefounded.TheChinesemar
TheglobaleconomyisenjoyingaGoldilocksmoment,withgrowthandinflationneithertoohotnortoocold.ButadecadeafterthecollapseoftheUSsubprimemortgagemarkettriggeredagloba
TheancientGreekmathematicianArchimedesoncesaid,"Givemealeverlongenoughandafulcrumonwhichtoplaceit,andIshallmovetheworld."Butmakethelevertoolong,anditmaybreak.Th
Havingslippedfromitsmid-yearhighs,Starbucksisturningtotheoldesttrickinthebooktoboostitsstockprice.Thecompanyisplanningtosell$1billionofdebt,andthenusetheproceed
VenezuelasignedadebtrestructuringdealwithmajorcreditorRussiaonWednesday,adiplomaticsourcetoldAFP,asratingsagenciesdeclaredCaracasinpartialdefault.Thecountryisse
Theglobaleconomyisimproving,butthebuildingofglobaldebtremainsabigconcern,saidJean-ClaudeTrichet,chairmanoftheGroupof30andaformerpresidentoftheEuropeanCentralBan
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