Tag - debt

 
 

DEBT

Japan Times
WORLD
Aug 25, 2022
Biden’s student-loan relief adds new wrinkle to inflation debate
In announcing the plan Wednesday, the White House flagged that the move would have competing impacts.
Japan Times
COMMENTARY / World
Aug 15, 2022
The end of the EU’s free lunch
The Keynesian demand policy to stimulate economic activity will merely fuel inflation, for which the ECB will rightly be blamed if it keeps buying government bonds.
Japan Times
ASIA PACIFIC
Aug 3, 2022
Sweeping mortgage boycott changes the face of dissent in China
While real estate has been the most common cause of protests in recent years, a coordinated boycott of this scale has never happened before in China.
Japan Times
BUSINESS
Aug 1, 2022
China Evergrande falls short of promised restructuring plan
Adding to setbacks, the company said in a filing Sunday that one of its units will need to sell shares of a bank in northeastern China, after losing an arbitration ruling.
Japan Times
COMMENTARY / World
Jul 27, 2022
Why Sri Lanka imploded
Sri Lanka's ruling Rajapaksa family's ill-advised economic handouts and unsustainable policies eventually ran into a wall.
Japan Times
COMMENTARY / World
Jul 14, 2022
The fall of the house of Rajapaksa
Through a combination of authoritarianism, nepotism, cronyism, and hubris, the Rajapaksa family weighed down Sri Lanka's economy with more debt than it could possibly bear.
Japan Times
ASIA PACIFIC
Jul 13, 2022
Chinese homebuyers across 22 cities refuse to pay mortgages
The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class.
Japan Times
BUSINESS / ANALYSIS
Jul 4, 2022
China casts giant shadow over emerging nations' chase for debt relief
Beijing has kept a low profile, not only on lending conditions but also on how it renegotiates with borrowers in distress.
Japan Times
BUSINESS
Jun 27, 2022
Russia defaults on foreign debt for first time since 1918
Given the damage already done to the economy and markets, the default is also mostly symbolic for now, and matters little to Russians dealing with double-digit inflation.
Japan Times
WORLD
Jun 6, 2022
U.S. to let Eni and Repsol ship Venezuelan oil to Europe for debt
While any impact on global oil prices will be modest, Washington's greenlight to resume Venezuela's oil flows to Europe could provide a symbolic boost for the Venezuelan president.
Japan Times
ASIA PACIFIC / Politics
May 10, 2022
China’s green Belt and Road push leaves plenty of gray areas
Since China launched the Belt and Road initiative in 2013, the project has come under a lot of criticism for funding polluting activities overseas. That’s started to change with Chinese President Xi Jinping’s recent pledge to stop supporting foreign coal projects.
Japan Times
COMMENTARY / World
May 5, 2022
Preventing developing-economy debt disasters
The best way to protect people from poverty and food insecurity such as that caused by the Ukraine war is to build a more inclusive social-protection system. But money remains a problem.
Japan Times
ASIA PACIFIC
Apr 28, 2022
A powerful dynasty bankrupted Sri Lanka in just 30 months
In recent weeks Sri Lanka has run out of cash to pay for essential goods like food and fuel, leading to long petrol lines and daily 13-hour power cuts.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 22, 2022
As Russia faces potential default, investors weigh legal options
Foreign creditors would typically try to band together to negotiate, go to court or in some cases seek arbitration in cases of default, but current sanctions make this difficult.
Japan Times
BUSINESS / Economy
Apr 21, 2022
Hunger and blackouts are just the start of an emerging economic crisis
Compounding the danger is the most aggressive monetary tightening campaign the Federal Reserve has embarked on in two decades.
Japan Times
ASIA PACIFIC
Apr 14, 2022
China hesitates on bailing out Sri Lanka and Pakistan as debt soars
Often accused by the U.S. of using 'debt diplomacy” for political advantage, Xi Jinping's government is becoming more reluctant to pull out the checkbook.
Japan Times
WORLD
Apr 7, 2022
Tesla-backed startup made cheap power a debt burden for the world’s poorest
Solar pay-as-you-go plans have been hailed as the answer to bringing clean, affordable electricity to millions, but the system can break down catastrophically.

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