The US, the EU and Japan have all taken steps to restrict Russia’s capacity to borrow on international markets. “We’ve cut off Russia’s government from Western financing,” Biden said. “It can no longer raise money from the West and cannot trade in its new debt on our markets or European markets either.” Von der LeyenContinue reading “Japan announces sanctions on Russia after Ukraine crisis escalation – DW News Asia”
Tag Archives: Loans
Argentina: Thousands protest in Buenos Aires against IMF debt deal – Al Jazeera
Thousands marched on the streets of the Argentine capitol to protest against a loan repayment deal with the IMF, fearing the economic fallout on their lives. They say the record $57 billion loan should be ignored.
Why did the US Join World War One? – History Matters
The United States could have, if it wanted, quite easily avoided entering World War One. Yet, in April of 1917 it did, joining the Entente and helping with their victory of the Central Powers. But why did the US get involved? To find out watch this short and simple animated history documentary.
Dems Face 2022 Nightmare, Critics Warn, If Student Debt Payments Restart and Child Credit Ends
“These are policy choices,” said one economic justice group. “We don’t have to choose this. All of this is 100% unnecessary and avoidable.” Progressives are spelling out for the Democratic Party the disastrous implications that are likely to come with the government’s possible failure to extend the enhanced child tax credit right as the White HouseContinue reading “Dems Face 2022 Nightmare, Critics Warn, If Student Debt Payments Restart and Child Credit Ends”
Chinese real estate developer Evergrande defaults on debt – CBS News
The fate of one of China’s largest real estate developers is in limbo after a major credit rating firm says Evergrande defaulted on major bond debts. CBS News contributor and the founder of Strategy Risks Isaac Stone Fish, break downs Evergrande’s situation and explains how the company got there.
After Nicaragua flips, U.S. sanctions seen pushing Central America towards China
A creeping barrage of U.S. sanctions on top Central American officials has made China an attractive partner for governments resisting Washington’s push to tackle corruption and democratic backsliding in the region, officials and analysts say. The trend was thrust into focus this week when Nicaragua re-established ties with Beijing, severing a longstanding relationship with U.S. allyContinue reading “After Nicaragua flips, U.S. sanctions seen pushing Central America towards China”
Christian group fights Idaho Covid mandates despite pocketing bailouts
Christ Church leaders and aligned companies received millions of dollars in coronavirus bailouts amid campaign against mandates The controversial rightwing Christ Church – and its pastor, Douglas Wilson – have led an uncompromising campaign of opposition to coronavirus public health measures in Idaho, revealing the church’s powerful influence in its home city of Moscow and beyond.Continue reading “Christian group fights Idaho Covid mandates despite pocketing bailouts”
Poland comes under fire over challenge to primacy of EU law
Polish prime minister warns of EU mission creep Von der Leyen: Poland poses ‘direct challenge to EU legal order’ Three options: legal, financial, suspending voting rights EU justice commissioner says bloc to act within weeks Poland’s prime minister came under repeated criticism during a tense debate in the European Parliament on Tuesday, with the EU’sContinue reading “Poland comes under fire over challenge to primacy of EU law”
Trump had to be stopped from appointing Ivanka to run the World Bank
‘It came incredibly close to happening’ Former treasury secretary Steven Mnuchin was forced to intervene when former president Donald Trump proposed appointing his daughter Ivanka as the head of the World Bank, according to a report. Talk of Ms Trump being at the helm of the global financial institution was more seriously considered than was earlier perceived, according to twoContinue reading “Trump had to be stopped from appointing Ivanka to run the World Bank”
Trump hid over $70 million in losses on his DC hotel, House committee report alleges
Former President Donald Trump’s luxury hotel in Washington, D.C., lost more than $70 million from 2016 to 2020, according to newly released filings that his accountants submitted to the hotel’s landlord, the General Services Administration. While the hotel was losing money, Trump’s annual financial disclosures reported only its revenue, which amounted to $156 million overContinue reading “Trump hid over $70 million in losses on his DC hotel, House committee report alleges”
Among the Fray 