Latest News for: World debt

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Gems in the backyard?: Origin of Sri Lanka sapphire cluster too good to be true

Straits Times 30 Jul 2021
COLOMBO (NYTIMES) - A tale making the rounds in Sri Lanka this week had all the gleaming ingredients needed to rivet a pandemic-weary nation that had been caught in a cycle of debt even before the coronavirus ravaged the economy. The world's largest cluster of sapphires, said to ...
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Sun Pharma beats estimates in Q1, shares post biggest gain in over a year

Live Mint 30 Jul 2021
MORE FROM THIS SECTIONSee All ... Here are Emkay's .... The drugmaker also repaid debt of about $185 million in the June quarter. Over the last five quarters, the company has repaid debt of about US$ 765 million. Sun Pharma is the world's fourth largest specialty generic pharmaceutical company and one of India's top pharmaceutical company ... .
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The Pathetic Republican Surrender

National Review 30 Jul 2021
On Wednesday night, senators voted to move forward on a piece of legislation that does not exist yet, driven by an artificial timeline ... In some sense, this is consistent with the way Congress has operated in recent times ... The Biden administration’s own estimates foresee debt as a share of the economy surpassing the World War II record this year ... .
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Ireland needs to learn to love its national debt 

Irish Independent 29 Jul 2021
The State’s political and budget cycle follows the same predictable path every year, with a warning that Ireland’s debt for every man, woman and child is one of the highest in the world ... Let’s be clear, this has almost no value as an indicator of how much debt the State can take on, or whether it can afford to service it.
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David Chance: 'Ireland needs to learn to love its national debt' 

Irish Independent 29 Jul 2021
The State’s political and budget cycle follows the same predictable path every year, with a warning that Ireland’s debt for every man, woman and child is one of the highest in the world ... Let’s be clear, this has almost no value as an indicator of how much debt the State can take on, or whether it can afford to service it.
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The Inadvertent Debt/Inflation Trap – Is It Time To Face The Music?

FX Empire 29 Jul 2021
One of the biggest and strongest economies in the world is now at risk of entering a severe inflationary period where excess credit/debt of the past few decades may be washed away – just like what happened in Russia ... The world is not so isolated any longer ... Meanwhile, the need to service the debt/credit persists.
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Irish aircraft lessor Aercap reports rise in profit

The Irish Times 29 Jul 2021
“The airline industry is witnessing an unprecedented and rapid recovery in air travel in the world’s major markets,” he said ... with debt. The Irish company leases them to airlines around the world, using the rent to pay off the associated debt and to fund its ongoing business.
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Government rejects Minority’s gloomy prediction ahead of Mid-year Budget Review presentation

Joy Online 29 Jul 2021
... world.” ... “So, if the less endowed countries of the world are asking for debt relief on the basis of COVID, you should put it in context, but that is not to say that we are going to run to IMF to seek for what the NDC will call policy credibility and that kind of thing.
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Airtel hikes entry pre-paid tariffs after 20 months

The Times of India 29 Jul 2021
NEW DELHI ... The move displays a willingness on the part of the debt-laden telecom operator to take the tariffs up in India, which has one of the world’s lowest charges on mobile telephony, even as companies struggle with debt and losses ... “We have the lowest tariffs in the world, and the industry is bleeding ... Start a Conversation. .
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Belt and Road can drive development for both China and European Union

China Daily 29 Jul 2021
Recently Matthew Palmer, deputy assistant secretary to the Bureau of European and Eurasian Affairs with responsibility for the Western Balkans, said at the Dubrovnik Forum that across the region, and also around the world, China conducts "debt diplomacy", pointing at Montenegro in particular.
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Finance Minister pats Organised Labour, Employers for agreeing we can't share what we don't have

Graphic 29 Jul 2021
... people, the negative impact on businesses, for both employers and employees, the worsening of the unemployment situation, the effect on the public debt and the stress on revenue mobilization, was unprecedented as no country in the world had prepared for the crisis that unfolded.
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Spokeswoman: Mississippi gov won't mandate masks in schools

Enterprise Tocsin 29 Jul 2021
The death of Civil Rights leader Bob Moses, 86, on Sunday will be noted across the world by those who believe in the cause of racial justice. But Mississippians owe a special debt of gratitude for his service during the critical years of the Civil Rights movement in our state during the 1960s.
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FULL TEXT: Finance Minister's 2021 mid-year budget review to Parliament

Ghana Web 29 Jul 2021
Speaker, it is difficult to attempt to normalise the catastrophe that has befallen the world ... The COVID-19 induced global recession has been the deepest since the end of World War II, 76 years ago ... Indeed, no country in the world had prepared for the crisis that unfolded ... Public debt development.
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FULL TEXT: Government's 2021 mid-year budget review statement to Parliament

Ghana Web 29 Jul 2021
Speaker, it is difficult to attempt to normalise the catastrophe that has befallen the world ... The COVID-19 induced global recession has been the deepest since the end of World War II, 76 years ago ... Indeed, no country in the world had prepared for the crisis that unfolded ... Public debt development.
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Nigeria’s infrastructural deficit: A clarion call for private sector investment

Business Day Online 29 Jul 2021
The value of Nigeria’s total infrastructure stock represents only 35% of GDP, significantly below that of emerging economy average of 70%, according to the country’s Debt Management Office, with the World Economic Forum’s 2019 Global Competitiveness Index having ranked Nigeria ...

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