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Daily Archives: October 31, 2020

Barcelona facing bankruptcy if players reject pay cut – AS English

BankruptcyBy Insolvency GuardianOctober 31, 2020

Barcelona could be declared bankrupt if they are unable to reduce their wages bill by 190 million euros by the end of next week, RAC1 reports. Negotiations to lower salaries began on Friday with a meeting between lawyers representing the club and the players. For Bara, it is a race against time. They need to…

The economy needs help. Is QE the right answer? – The Australian Financial Review

Debt HelpBy Insolvency GuardianOctober 31, 2020

The three-year bond yield is 0.13 per cent, well below the RBA’s 0.25 per cent target, but interest rates on longer-dated bonds are not falling on their own account and Australia has one of the highest 10-year government bond yields in the developed world at 0.81 per cent. Of course, the RBA is also widely…

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