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VENEZUELA DEBT CRISIS
Wars, Oil and Wealth: The world adapts faster than we think, lessons for equity investorsIndia today is a more than four-trillion-dollar economy with stronger external reserves, wider energy relationships, greater diplomatic rea...
IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
Is Trump the president who lost Asia to China?Developing countries long wary of dependence on China are rethinking that stance as the US-Israel war with Iran disrupts energy supplies. N...
War quote of the day by Theodore Roosevelt, first American to receive Nobel Prize: “There is a homely adage which runs: ‘speak softly and carry...; you will go far’”Theodore Roosevelt's foreign policy championed a balanced approach. He believed in calm diplomacy, but always with the backing of significa...
US to allow resale of Venezuelan oil to Cuba, Treasury saysThe U.S. Treasury Department will authorize companies to resell Venezuelan oil to Cuba, aiming to alleviate the island's severe fuel shorta...
US control of Venezuela oil risks debt restructuring showdown with ChinaAs the United States tightens its hold on Venezuela's oil shipments, a ripple effect is emerging across geopolitical lines. The alteration ...
Venezuela's billions in distressed debt: Who is in line to collect?Venezuela's staggering debt situation has captured global attention. After enduring prolonged economic strife coupled with U.S. sanctions, ...
Janet Yellen urges immediate Congress intervention on debt ceiling; Speaker Mike Johnson in a precarious situation to get deal done or else he may lose his jobIf the debt ceiling is not raised, the government would technically default on its obligations, potentially leading to economic instability.
US heading towards massive debt crisis, by early 2030s America will join a select club - Sudan, Eritrea and VenezuelaThe United States may soon feel the heat of the mounting debt rising on the country, and will soon join the list of underdeveloped or devel...
How Pakistan's electricity crisis is leading to rising spectre of social unrestInflation in electricity prices in Pakistan has been increasing steadily, adding to the economic challenges the country is facing. The pric...
Venezuelan government, opposition reach agreement to establish humanitarian fund for resolving political crisisVenezuela's debt to Chevron will be paid off with the proceeds from selling electricity. Food and medicine were scarce as a result of the h...
IMF likely to make formal announcement on Sri Lanka's bailout package on Thursday: ReportsThe second such visit from the International Monetary Fund (IMF) in three months comes at a time when Sri Lanka is scrambling to chalk out ...
Rupee opens 2 paise higher at 67.84 against US dollarA sharp sell-off in the domestic stock market largely led to weaker rupee sentiment.
Indian Oil Corp studies renewed Venezuelan crude purchasesThe OPEC-member's economy has collapsed since crude prices plummeted in 2014, forcing it to delay payments for oil services and fuel suppli...
Buyer-beware guide to emerging-market debt, from Brazil to ChinaAs US prepares to start raising interest rates speculation is that emerging-market corporate borrowers could be hit hard.
China comes to Russian rouble's rescue, puts IMF’s lender status at riskChina is stepping up its role as the lender of last resort to some of the world’s most financially strapped countries.
Dark global clouds over Russia and China signal risk of bad days aheadThe slide began with western sanctions, was exacerbated by oil price fall, and became a debacle when investors began fleeing roubles for do...
Emerging market crisis: How 2014 compares to 1998Emerging markets today look a lot like they did back then. Yet there have been key changes that could help most of them escape full-blown c...
India has trade deficit with 80 countries: Anand SharmaIndia had trade deficit with as many as 80 countries, including China, Australia and Iraq, in 2012-13, Parliament was informed today.
- US sanctions Chavez aides in growing crisis
US imposed sanctions on aides to Venezuelan President Hugo Chavez in retaliation for his expulsion of the U.S. ambassador, escalating a cri...