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Search Result for “debt”

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WORLD

Fitch downgrades US credit rating after debt limit standoffs

AFP, Published on 02/08/2023

» WASHINGTON - Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.

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WORLD

Italy hosts Med migration conference to extend Tunisia deal

AFP, Published on 23/07/2023

» ROME - Italy hosted numerous national leaders in Rome on Sunday, at a conference aimed at extending an EU-backed deal with Tunisia to curb the arrival of migrants to European shores.

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WORLD

Macron demands 'sound answers' after riots

AFP, Published on 21/07/2023

» PARIS: President Emmanuel Macron on Friday asked his government to draw lessons from recent riots sparked by the police shooting of a teenager, or risk deep divisions in France.

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WORLD

Chinese ghost town of mansions reclaimed by farmers

AFP, Published on 20/07/2023

» SHENYANG (CHINA) - Cattle wander between the concrete shells of half-finished mansions in northeastern China, some of the only occupants of a luxury complex whose crumbling verandas and overgrown arches are stark symbols of a housing market crippled by its own excess.

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BUSINESS

Global debt dominates G20 finance talks

AFP, Published on 17/07/2023

» GANDHINAGAR, India: G20 finance ministers and central bank chiefs opened talks Monday on debt restructuring deals, multilateral bank reform and finance to tackle climate change, as they aim to bolster a sagging global economy.

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BUSINESS

UK water crisis pollutes privatisation legacy

AFP, Published on 11/07/2023

» LONDON: Britain's biggest water supplier staving off renationalisation, trains derailed by strikes and consumers suffering huge energy bills — the nation's vital sectors are mired in chaos decades after their controversial privatisation.

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WORLD

US Fed official calls for increase to bank capital requirements

AFP, Published on 10/07/2023

» WASHINGTON - A senior Federal Reserve official has proposed raising capital requirements for large and mid-sized US banks as part of a "comprehensive" series of measures to tighten banking regulation and supervision.

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WORLD

HRW says TotalEnergies oil project 'a disaster' for Ugandans

AFP, Published on 10/07/2023

» NAIROBI - Human Rights Watch (HRW) on Monday urged a halt to a major East African oil project led by French giant TotalEnergies, warning of dire consequences for the environment and local communities.

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WORLD

US-China cooperation in climate finance 'critical': Yellen

AFP, Published on 08/07/2023

» BEIJING - It is "critical" for Washington and Beijing to keep working together on climate finance, US Treasury Secretary Janet Yellen said Saturday, urging deeper cooperation in addressing the "existential threat" of global warming.

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WORLD

Yellen heads to China as US seeks to stabilise ties

AFP, Published on 06/07/2023

» WASHINGTON: United States Treasury Secretary Janet Yellen is due to arrive in Beijing on Thursday, kicking off a high-level visit aimed at improving communication and stabilising the tense relationship between the world's top two economies.