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MOSCOW (Reuters) – Russia's top financial diplomat said the Group of 20 should focus on making new commitments to curb borrowing, and not rush to judge Japan's bid to reflate its economy when policy makers meet this month. Moscow hosts finance ministers and central bankers on February 15-16 as controversy over "currency wars" has opened [...]
Posts Tagged ‘debts’
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Sudan tells United Nations its debts must be canceled
Posted by admin on September 29th, 2012
UNITED NATIONS (Reuters) – Sudan told the United Nations General Assembly on Saturday that its debts must be canceled and its economy supported as it struggles to recover from losing three-quarters of its critical oil revenue to South Sudan when it seceded a year ago. The International Monetary Fund this week urged Sudan to meet [...]
Spain delays plans to back regions’ debts
Posted by admin on June 1st, 2012
MADRID (Reuters) – Spain’s government has delayed by at least a week the adoption of a new mechanism to ease the funding problems of its heavily indebted regions, a government source said on Friday. The 17 autonomous communities, virtually blocked from financing themselves on public debt markets due to the high rates they would have [...]
