Elon Musk has once again issued a warning about the US economy. Replying to a post on social media platform X (earlier Twitter), the world’s richest man stated that the country could face bankruptcy “super fast” if the rising national debt is not addressed. The tech billionaire highlighted the alarming $36 trillion national debt and…
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Vertical farming is a less common method for intensive agriculture. (File photo). Photo: 123rf Hamilton business Greenleaf Fresh is being put into voluntary administration, after what it says were “recent financial challenges” affecting the company’s operations. Greenleaf Fresh is behind Greengrower, a vertical farm operation that received $3.5 million in public funding last year for…
Belgian second-division football club KMSK Deinze, the former club of Indonesia international Marselino Ferdinan and Singapore wonderkid Ilhan Fandi, has been declared bankrupt by a Ghent court, following a series of failed takeovers and financial mismanagement. The club’s financial troubles began after the departure of Singapore-based investment firm ACA Football Partners. Subsequently, Luxembourg’s ADA Group,…
Global brokerage firm Citi has assigned a ‘Buy’ rating on Vodafone Idea Ltd., the debt-ridden telecom services provider, with a price target of ₹13 per share. This target for the stock implies a potential upside of 68% from Monday’s closing levels. Company Value Change %Change In a clear signal of its continued supportive stance towards…
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(Reuters) – Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations. The Mercedes-Benz and Honeywell-backed company plans to continue business operations during the insolvency proceedings while seeking additional funding. “Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations…
Manonallard | E+ | Getty Images Many Americans are capping off the holidays with new debt balances. This season, 36% of American consumers took on holiday debt, according to a new survey from LendingTree. Those who racked up balances this season took on an average of $1,181 in debt, up from $1,028 in 2023. However,…
Greenleaf Fresh in voluntary administration BusinessDesk Read the original article here
The Ministry of Finance and Economic Affairs has published Medium-Term Debt Management Strategy for the period 2025-2029. The MTDMS is presented on the basis of the fiscal plan, in accordance with Article 38 of the Act on Public Finances, no. 123/2015, and is to be presented annually. The Medium-Term Debt Management Strategy is presented over…