Debt Relief in the Global South Would Benefit Americans

Originally published in Inequality.org. Amidst a succession of financial shocks, the Middle East war being only the most recent, developing countries’ debt levels are alarmingly high and continuing to rise. These burdens make it even more difficult for governments in the Global South to meet the basic needs of their populations. And because the…

Finance Ministry seeks public feedback on draft amendment to Public Debt Management Act « Khabarhub

Ministry of Finance (File photo) KATHMANDU: The Ministry of Finance has invited suggestions from stakeholders and the general public on a draft bill to amend the Public Debt Management Act, 2022. In a public notice, the ministry requested interested parties to submit their feedback within the stipulated deadline, stating that relevant suggestions would be incorporated…

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Gaming Corporate Bonds Crimped by Rise of Prediction Markets

Amid perceived rising competitive pressures from prediction markets, credit investors are demanding more compensation to own corporate debt issued by casino and sportsbook operators. The Las Vegas Strip. Investors are demanding more compensation to own junk-rated casino debt. (Image: Shutterstock) Over the past 30 months, spreads on junk-rated gaming industry debt surged 250 basis points,…