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Debt and bond markets
November 20, 2020
Barely out of crisis, Greek economy hammered by new lockdown
Greece has downgraded its forecasts for the economy this year to include the impact of a second lockdown, and says the ...
November 16, 2020
Saudi Aramco to issue bonds as it seeks cash amid oil slump
Saudi Arabia's oil giant Aramco announced Monday it will issue international bonds as it seeks a cash infusion to help pay ...
November 07, 2020
Biden looks to restore, expand Obama administration policies
Stop and reverse. Restore and expand. Joe Biden is promising to take the country on a very different path from what it has ...
November 02, 2020
Expect a lot more of the same if Trump wins a second term
Expect to see a lot more of the same if there's a second Trump administration. President Donald Trump has consistently ...
September 29, 2020
German minister says debt won't reach financial crisis level
Germany's debt load won't reach the level it did in the financial crisis a decade ago as a result of the coronavirus ...
September 03, 2020
Budget deficit to hit record $3.3T due to virus, recession
The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the ...
August 21, 2020
UK public debt breaches 2 trillion-pound mark for first time
Britain's government debt has breached the 2 trillion-pound ($2.6 trillion) mark for the first time after heavy borrowing to ...
August 19, 2020
Fed officials worried about withdrawal of government support
U.S. consumers lifted their spending in May and June but businesses remained cautious because of the tremendous uncertainty ...
August 04, 2020
Argentina reports debt restructuring deal with creditors
Argentina said Tuesday it has reached an agreement with its main creditors to restructure $65 billion in foreign debt, ...
July 11, 2020
Fed buys more corporate bonds but may soon end purchases
The Federal Reserve said Friday that it purchased $1.3 billion in corporate bonds in late June as part of its effort to keep ...
July 08, 2020
Canada predicts historic deficit due to pandemic spending
The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its ...
June 29, 2020
Apple, AT&T, Jack Daniel's: Fed issues details on bond buys
The Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose ...
June 25, 2020
Wall Street-owned loans tricky for hoteliers in virus era
Hotel owner and developer Danny Gaekwad survived steep drops in business after the 9/11 attacks and the recession of the late ...
June 16, 2020
Fed moves to ensure companies can tap bond market for funds
The Federal Reserve said Monday that it will begin purchasing corporate bonds as part of a previously announced plan to ...
June 12, 2020
Trump may be stuck with awkwardly worded GOP platform
President Donald Trump said Friday he wants “a new and updated” Republican Party platform after the Republican National ...
June 09, 2020
Powell likely to stress Fed's ability to further aid economy
Chairman Jerome Powell faces a challenging task Wednesday: He'll need to make a convincing case that the Federal Reserve is ...
May 26, 2020
McConnell discusses prospects for another round of relief
Faced with a collapsed job market, Congress needs to tend to unemployment insurance funds supporting millions thrown out of ...