Watching scientists, politicians and journalists struggle to compare national death rates from the coronavirus pandemic, I had an acute case of dj vu. Though the virus may be novel, the confusion generated by inconsistent data standards is anything but. Its something Ive observed closely for many years in studying public sector debt. Such league table…
As a growing number of oilpatch companies arebeing pushed toward bankruptcy across NorthAmerica,a number ofCanadianplayers are working with creditors andmaking moves that experts say are aimed at avoiding such a fate. Bow River Energy, Sequence Energy and Delphi Energy have filed for protection under the Companies’ Creditors Arrangement Act(CCAA) to come up with a restructuring…
The economic downturn triggered by the Covid-19 pandemic has caused unprecedented havoc on businesses in India in almost every sector, which has been dubbed by the Organization for Economic Cooperation and Development (OECD) as the biggest peacetime downturn in a century. To offer respite to stressed businesses, the government of India has announced the suspension…
By: Express Web Desk | New Delhi | Published: June 30, 2020 2:57:37 pm Pramod Mittal and his two colleagues were arrested and released in Bosnia after paying a hefty 12.5 million in July last year, Reuters had reported. (Reuters/File) Pramod Mittal, brother of UK-based steel magnate Lakshmi Mittal, has reportedly been declared bankrupt by…