MicroStrategy And Its Convertible Debt Scheme

MicroStrategy (MSTR) stock is soaring alongside Bitcoin. In the wake of extreme confidence, we fear many MicroStrategy investors fail to grasp the inherent risks with its unique convertible bond funding and leverage scheme. A recent podcast featuring Tom Lee presented some positive facts about MicroStrategy’s recent convertible bond offering but failed to tell the whole…

UN chief says debt relief tools far from adequate

By Kopano Gumbi JOHANNESBURG (Reuters) – United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from adequate to address global vulnerabilities, calling on the Group of Twenty nations to do more to deliver financial justice. Guterres made the comments during a visit to South Africa, which became the first…

UN chief says debt relief tools far from adequate

JOHANNESBURG – United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from adequate to address global vulnerabilities, calling on the Group of Twenty nations to do more to deliver financial justice. Guterres made the comments during a visit to South Africa, which became the first African country to lead…

Call for Financial Justice: Guterres Urges G20 to Strengthen Debt Relief

United Nations Secretary-General Antonio Guterres has expressed serious concerns over the adequacy of current debt relief mechanisms, calling for urgent reforms by the Group of Twenty (G20) nations. Speaking at an event in Johannesburg, Guterres offered scathing criticism of the G20’s ‘Common Framework’, introduced during the COVID-19 pandemic, as being insufficient for addressing global…