Category: default
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In Default for 25 Years, Zimbabwe Struggles to Feed Its Citizens
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Bread path links PMN Business Zimbabwe condemns more than $ 21 billion of debt. Now, while the country is struggling with dehydration once in the generation, ordinary people pay the price. The author of the article: Bloomberg News Antony Sguazzzin, Godfrey Marawanyika and Ray Ndlovu It was published on February…
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Bitcoin Could Be Worth Over $200,000 As ‘Portfolio Insurance’ Against Sovereign Default: Report
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According to a hadith a report According to crypto asset manager Bitwise, Bitcoin (BTC) is well-positioned to act as “portfolio insurance” against sovereign default risk. The report comes at a time when global debt-to-GDP levels are breaching new highs, raising concerns about a potential global debt crisis. Bitcoin: A Solution…
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Businesses backed by private equity face heightened default risks, warns Bank of England
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The Bank of England has warned that companies owned or backed by private equity firms are at greater risk of default than other large companies. According to new research, these companies are more vulnerable to financial instability, especially when compared to companies that rely primarily on traditional lenders such as…
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Ceylon Graphite Provides Default Status Report
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Article Content VANCOUVER, British Columbia, Aug. 27, 2024 (GLOBE NEWSWIRE) — Ceylon Graphite Corp. (“Celon” or the “Company”) (TSX: CYL) (OTX: CYLYF) (Virginia Stock Exchange: CCY) is filing this Default Status Report in accordance with National Policy 12-203 – Administrative Stop Trading Orders (“NB 12-203On July 30, 2024, the Company…