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RUSSIA BANKRUPTCY RISK
This European economist says Russia could go bankrupt and run out of liquid reserves by fall of 2025; here's whyRussia’s financial future is at risk, with experts predicting the country could run out of liquid reserves by the fall of 2025. The combina...- Pakistan plays on both sides of Ukraine warIslamabad has denied that it supplied arms to Ukraine. Pakistan Foreign spokesperson cited Pakistan’s record of “non- interference” in conf...
- Shock of war hits a world economy at the crossroadsEconomic sanctions on Moscow came as hurdles to world trade were mounting after an era of rapid globalisation. Russia's weaponisation of it...
- With subdued business activity on the horizon, financial risks to firms to remain 'elevated’: ReportNearly half of 43 economies monitored by D&B saw a decrease in business failures during 2021.
- Google's Russian subsidiary submits bankruptcy declaration, reports InterfaxGoogle's subsidiary had announced plans to file for bankruptcy in May after authorities seized its bank account, making it impossible to pa...
- Global growth optimism slips to all-time lowGlobal recession remains the top tail risk for 26% of the fund managers, according to the survey, followed by hawkish central banks and inf...
- EXPLAINER: How Russia could use bankruptcy law to punish foreign companiesRussia's law, however, generally prioritizes the needs of creditors who are owed money. This means creditors, including the Russian governm...
- The cost of war: How Russia's economy will struggle to pay the price of invading UkraineLong-term perspectives are dire. If sanctions are maintained, Russia will be cut off from its main trading partners apart from China and Be...
- OPEC would miss 'friend Trump', wary of strains under BidenBiden could modify US diplomatic relations with three members of OPEC - de facto leader Saudi Arabia, and sanctioned countries Iran and Ven...
- Oil falls in second straight session as virus cools demandBrent crude is set to end June with three consecutive monthly gains as OPEC+ supply cuts and as oil demand improved after countries across ...
- Trump threatens tariffs on oil imports to 'protect' US energy workersOil prices have dropped by about two-thirds this year as the pandemic crushes demand.
- WTI oil surges 20% after three-day sell offWest Texas Intermediate (WTI) crude gained $3.85, or 19%, to $24.22 after dropping nearly 25% to an 18-year low in the previous session.
- Chinese banks demand $2.1 billion from Anil Ambani's RComState-owned China Development Bank was the biggest creditor to the indebted telecom firm.
- View: India swaps bankruptcy teeth for denturesWhen lenders themselves start making a mockery of India's fledgling insolvency law, nobody can save it.
- View: Mittal's good Essar show mired in legal farceLet the delay in selling Essar be a wake-up call as India’s insolvency law needs a further tweak.
- India's medium-term potential growth above 7 per cent: UBSAccording to the global financial services major, India ranks higher in medium-term growth potential compared to other emerging markets lik...
- Rising oil prices douse foreigners’ rekindled fire for Indian equitiesFPIs resume pullout from the country as crude oil rally revives worries about inflation.
- Bankruptcy code can help in deepening bond market, says SEBI chief TyagiIn India, fund raising through corporate bonds as a percentage of GDP was 17.9 per cent in 2016.
- Obama's cowardice hits India tooThe US will suffer stagnation of the sort Japan had in the 1990s and we may see a long, weak recovery. Either way, it's bad news for India.
- Icelanders vent fury as country seen headed for bankruptcyHundreds of Icelanders vented their fury Friday at central bank chief David Oddsson, the man blamed for the country's financial collapse, a...
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