Showing 1-10 of 26 results
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Japan's massive pension fund books 2.32% return
AFP, Published on 07/07/2012
» Japan's $1.42 trillion public pension fund, the largest national retirement scheme in the world, said Friday it posted an annual return of 2.32 percent on the back of stronger equity markets.
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Lebanon says to default on eurobonds as financial crisis intensifies
AFP, Published on 08/03/2020
» BEIRUT - Lebanon said Saturday it would default on its Eurobond debt for the first time and seek out restructuring agreements due to a spiralling financial crisis that has hit foreign currency reserves.
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Zimbabwe inflation rate soars to 175%
AFP, Published on 15/07/2019
» HARARE - Zimbabwe's annual inflation rate hit 175 percent in June, official data showed Monday, stoking fears of a return of the hyperinflation that wiped out savings ten years ago when the economy collapsed.
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Last-minute funding deal, Calgary vote keep alive Canada's Winter Olympics bid
AFP, Published on 01/11/2018
» OTTAWA: Calgary voted Wednesday to keep alive Canada's bid for the 2026 Winter Olympics, after a last-minute funding deal was struck between Ottawa and the province of Alberta.
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Nigeria told to end security 'slush funds'
AFP, Published on 28/05/2018
» LAGOS - Campaigners on Monday urged Nigeria to stop handing out millions of dollars to tackle unspecified security issues with no questions asked, arguing the practice fuels corruption and conflict.
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'Zombie banks' give Ukraine nightmares
AFP, Published on 11/12/2016
» KIEV - Ukraine's central bank keeps trying to shut them down but they keep surviving: 'zombie banks' are roiling the impoverished country's financial system through the help of allegedly crooked courts.
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Emerging markets suffer in Greece's shadow
AFP, Published on 09/08/2015
» PARIS - Greece has been hogging headlines lately, but emerging markets have also had their share of tribulations with the Chinese stock market in convulsions and the Brazilian economy and currency hitting the skids.
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Greece needs debt deal this weekend, EU leaders warn
AFP, Published on 26/06/2015
» BRUSSELS - The leaders of Germany and France warned Greece that it must reach a debt deal with its creditors at "decisive" talks on Saturday to avert default and a possible euro exit.
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Greek parliament to vote on controversial bailout
AFP, Published on 15/07/2015
» ATHENS - Greece on Wednesday geared up for a crucial parliamentary vote on draconian reforms demanded by eurozone creditors in exchange for a huge new bailout, in what could be Prime Minister Alexis Tsipras's toughest political test yet.
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Greece last-chance talks enter second day
AFP, Published on 14/06/2015
» BRUSSELS - Greek and EU-IMF negotiators were locked in last-chance talks on Sunday to avert a default by Athens that could pave the way for a catastrophic exit by Greece from the euro and sow economic chaos in Europe.
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