Tag: Debt
New silk roads: in Laos, the Chinese TGV arrives, the debt explodes
Until now, Laos only had a 3.5 kilometer railway line, which connected a border post to Thailand via a bridge crossing the Mekong. On December 3, this country made a…
Comedian Edson da Graça could barely afford a bus ride for children due to high debt
Edson da Graça now has a successful career as a presenter and comedian, but until a few years ago he struggled with a lot of debt. Because he was cheated…
Inter issues guaranteed debt for 415 million euros
Inter Milan has issued this Monday a guaranteed debt bond maturing in 2027 and worth 415 million euros. It intends to use the proceeds in an amortization of outstanding senior…
Evergrande: Is the Chinese real estate giant’s debt crisis similar to that of Lehman Brothers?
At the beginning of 2021, the financial crisis of Evergrande, one of China’s largest real estate companies, and its debt of approximately 300 billion dollars to foreign investors started to…
Debt Ceiling Raised to 31 Trillion Dollars in the USA
The US Congress passed a bill that increased the federal debt limit. In the bill submitted to President Joe Biden’s signature, the federal debt ceiling was increased by 2 trillion…