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SOVEREIGN DEBT RESTRUCTURING
Donald Trump says he spoke with Venezuela's Delcy Rodriguez about electionsDonald Trump spoke with Venezuela's interim President Delcy Rodriguez this week about upcoming elections in the country. The conversation t...
Venezuela president returns from US visit with no deals, no firm election dateDelcy Rodriguez, Venezuela's interim President, attended the UN General Assembly in search of business deals. Her visit aimed to showcase V...
UN General Assembly: Iran talks, Ukraine ceasefire and AI among key takeawaysWorld leaders gathered at the United Nations to discuss ongoing conflicts in Iran and Ukraine. Diplomatic talks between US and Iranian offi...
Scott Bessent huddles with G20 to try to rally allies on Iran as tariffs strain tiesUS Treasury Secretary Scott Bessent is meeting with global finance ministers in Asheville this week. He aims to focus discussions on econom...
MTNL liabilities reach Rs 40,000 cr in FY26; no restructuring plan in work: Jyotiraditya ScindiaMTNL's liabilities have reached approximately forty thousand crore rupees by fiscal year 2025-26. Government measures have helped MTNL beco...
Explained: Venezuela's complex and contested debt puzzleVenezuela faces a massive debt restructuring with creditors holding diverse claims. The nation's debt is estimated between $150 billion and...
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 ...
Sri Lanka reaches debt-restructuring agreementSri Lanka has reached a long-delayed debt restructuring pact with its international and local sovereign bondholders. This comes after consu...
Can a collaborative approach break the credit rating impasse?The GSDR report sheds light on ongoing discussions with Credit Rating Agencies (CRAs) regarding their approach to various debt restructurin...
New creditors, differing interests and coordination issues are hobbling sovereign debt restructuringAn IMF analysis suggests that several low-income countries (LICs) have been at high risk of debt distress or are in debt distress. Between ...
Sri Lanka unveils domestic debt restructuring plan, asks foreign investors for a 30% haircutThe island nation is asking foreign investors in its international sovereign bonds to take a 30% haircut and is seeking similar concessions...
Wall Street irked by frantic push to solve EM sovereign debt crisesAs government defaults rise to a record in the developing world, the debate is growing frantic over how to solve these debt crises. Restruc...
China ready to work with all parties on debt disposals, seeks more IMF dataBeijing's refusal to budge on this issue is a major roadblock to debt relief for cash-strapped countries wanting to use the framework to ac...
Global sovereign debt roundtable to be launched in Bengaluru on sidelines of G20 finance track meeting"It is basically to discuss issues that have been impeding reaching a timely debt restructuring process, and the lessons from the cases tha...
Fitch downgrades Sri Lanka to “restrictive default”The downgrade comes at a time when the Central Bank governor P Nandalal Weerasinghe conceded on Thursday that Sri Lanka won't be able to pa...
Developing nations need to take steps to limit hit from local debt overhauls: IMFThe share of debt issued by developing nations in their local markets has risen from 31% to 46% over the past two decades, the IMF's Peter ...
India backs draft resolution in UN on sovereign debt principlesIndia voted in favour of a draft resolution on 'Basic Principles on Sovereign Debt Restructuring Processes' in the General Assembly yesterd...
Delay or reduce payment: How will Greece pay back $340 billion?There is also the possibility that a portion of the debt may be written off, with the creditors accepting a haircut.
- 'Greece may have to restructure again'
Greece will probably have to restructure its debt again and this may involve bailout partners such as European governments, said S&P's Mori...
- S&P downgrades Greece credit rating to 'selective default'
Standard & Poor's has downgraded the sovereign ratings of Greece to "selective default", citing the crisis-hit nation's move towards "distr...