Tag: default
Possible default at Country Garden – Economy
Struggling Chinese real estate group Country Garden warned on Tuesday of a possible default on payments on foreign liabilities. “Such non-payment may result in creditors demanding early repayment of debts…
China’s real estate group Country Garden warns of default
Status: 08/31/2023 10:19 am The Chinese real estate group Country Garden has warned of a default on bonds in view of losses in the billions. Concerns about China’s economy are…
Eleventh day of strike by Air Antilles pilots, the group in default of payment
Crisis in the skies of the Antilles. The Air Antilles and Air Guyane pilots’ strike entered its 11th day on Tuesday, leading the group to 300 employees on the verge…
Biden to sign law on Saturday avoiding ‘catastrophic’ default
As often, everything was unlocked at the last second. Joe Biden announced on Friday that he would sign legislation on Saturday to avert what would have been a “catastrophic” default.…
Video: US Congress approves debt limit suspension and averts default
Finance Minister Yellen recently warned that the debt ceiling would be reached on June 5th. According to experts, a default by the world’s largest economy would have had serious international…
USA prevent payment default – a drama in many files ends
Senate votes in favor The USA prevent the payment default – this ends a drama in many files The US Capitol in Washington is the seat of Congress’ © J…
Congress rejects in extremis the threat of a default
After weeks of negotiations, America can breathe. By a vote of the American Congress, the United States suspended Thursday the ceiling of their debt and dismissed, within a few days,…
Budget: Default avoided: Debt drama in the USA over
Household Default prevented: Debt drama in the USA over Behind the walls of the US Capitol, the Senate has approved a bill temporarily suspending the federal debt ceiling. photo ©…
Impending default USA: House of Representatives votes for deal
Impending payment default Deal in the US debt dispute takes a big hurdle – but not the last US President Joe Biden left the White House on Wednesday smiling, the…
Biden and McCarthy reach ‘agreement in principle’ to avoid default
The specter of a global financial crisis is receding. A few days before the deadline, US President Joe Biden and Republican leader Kevin McCarthy reached an “agreement in principle” on…