Government plans to borrow 37 bilion USD in 2026

Of the total planned borrowing, around 60% will be used to cover the State budget deficit while the remainder will go towards principal debt repayment, according to the public borrowing and debt repayment plan for this year accounced by the Ministry of Finance. The main funding source this year will be domestic government bond issuance,…

Adwoa Beauty to Enter Liquidation

After stepping back from his namesake brand, Dries Van Noten has opened a foundation in a Venetian palazzo dedicated to craft, beauty, and the things made by hand and soul. BoF’s Tim Blanks speaks with the designer about why, in ugly times, making something beautiful is the only real form of protest. Read the original…

Spirit Airlines is on the brink of liquidation. Here is what you should do if you have a ticket

If Spirit Airlines liquidates, it leaves many passengers in precarious positions. Here is what you need to know. DANIA BEACH, Fla. — Spirit Airlines, one of the nation’s largest ultra-low-cost carriers, is on the brink of liquidation. Several outlets reported Friday that the carrier is preparing to “cease operations.” The Florida-based airline has already filed…