China is emerging as IMF competitor
Date: September 12, 2022 Category: News
China gave tens of billions in secretive 'emergency loans' to vulnerable nations, emerging as world's major creditor and IMF competitor.
China has shelled out tens of billions in opaque 'emergenc...
An Asian Bretton Woods is suggested
Date: September 10, 2022 Category: News
An Asian Bretton Woods may be on the way.
Sergei Glazyev, a senior Russian economist and Minister in charge of the Eurasian Economic Commission (EAEU), was leading a committee planning a new trad...
Polyus gold miner to switch the currency to rubles
Date: September 9, 2022 Category: News
Polyus wins bondholder approval to switch currency for Eurobond payments.
Russia's largest gold miner Polyus has received permission from holders of three Eurobonds to make payments on the debt i...
Danske Bank forgives debts for 90,000 customers
Date: September 8, 2022 Category: News
Danske Bank AS said that 90,000 Danish customers that owe the bank money will have their debt balance wiped clean after discovering errors in the bank's debt-collection systems.
The Copenhagen-ba...
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