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A service for global professionals · Monday, April 28, 2025 · 807,274,847 Articles · 3+ Million Readers
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  • Published on Apr 24, 2025

    Treasury scraps controversial VAT hike – government faces R75bn cuts instead

    POLITICS The government has backtracked on its plan to raise VAT next month, warning that tough spending decisions lie ahead to fill a R75 billion budget gap. In a statement released on Thursday morning, the National Treasury said:  The minister of finance …

    Source: News24 - Neutral
  • Published on Apr 24, 2025

    CFO Glen Lee Issues Statement on Moody's Downgrade, Cites Strong Financial Management

    Today, Moody’s Ratings announced a downgrade of the District of Columbia’s credit rating from Aaa to Aa1 and revised the outlook to negative. This action reflects the challenging economic environment facing the District due to significant reductions in the …

    Distribution channels:
  • Published on Apr 24, 2025

    Bianco: Mar-A-Lago Accord Or Bust

    Wednesday, April 23, 2025 11:10 PM EDT Image Source: Pexels With the U.S. national debt soaring past $36.7 trillion and deficits hitting 7% of GDP, the fiscal status quo is crumbling. As Jim Bianco of Bianco Research warned in a recent discussion with Jim …

    Source: myMotherLode - Pending
  • Published on Apr 24, 2025

    Europe enjoying some ‘exorbitant privilege’ : Mike Dolan

    As European money appears to be heading home from wobbling American assets, it’s underwriting the region’s entire fiscal expansion at no extra cost. While that seems too neat to be true, the behaviour of European government bonds and the euro over the past …

    Source: Hellenic Shipping News - Neutral
  • Published on Apr 24, 2025

    Wale Edun Reveals Forensic Audit of NNPC Ongoing

    •Declares Nigeria’s economy in better position to withstand US tariffs’ shock  •Cardoso: Orthodox monetary policy has stabilised economy  •Dangote joins World Bank’s investment lab to advance job creation in emerging markets Obinna Chima, Eromosele Abiodun …

    Source: This Day - Pro-Government
  • Published on Apr 24, 2025

    City Council approves $29M bond issuance needed for Ward Plaza redevelopment

    WINCHESTER — “Two years in the making.” That’s how Winchester Economic Development Director Jeff Buettner kicked off his presentation to City Council Tuesday night regarding a proposed $29 million bond issuance that would bring infrastructure and …

    Source: The Winchester Star - Virginia - Pending
  • Published on Apr 24, 2025

    SCZone Delegation Discusses Enhancing Cooperation with AD Ports

    Thu 24 Apr 2025 | 02:26 AM The General Authority of the Suez Canal Economic Zone (SCZone) began high-level discussions with Abu Dhabi Ports Group, aiming to support global supply chains and localize industry in the region, in a strategic move to enhance …

    Source: Sada Elbalad - Gov't Propaganda
  • Published on Apr 24, 2025

    Risk and return

    In business school, one of the fundamental lessons is that the greater the risk you undertake, the higher the return you should anticipate. Government-issued bills, notes, and bonds represent essentially sovereign risk and are typically regarded as the …

    Source: Manila Bulletin - Pro-Government
  • Published on Apr 24, 2025

    S&P downgrades Bahrain's outlook to 'negative' on weak financing conditions

    Global ratings agency S&P Global revised Bahrain's outlook to "negative" from "stable" on Wednesday, citing ongoing market volatility and weaker financing conditions that could increase the government's interest burden. …

    Source: Zawya - Indeterminate
  • Published on Apr 24, 2025

    Mercosur shields Paraguay from Trump tariff pain, says finance chief

    Membership in one of the world’s most protectionist trade blocs will help shield Paraguay from the worst of near-term disruptions caused by US tariffs, the country’s finance chief said in an interview. Amid escalating global trade tensions, Paraguay is …

    Source: Buenos Aires Times - Neutral
  • Published on Apr 24, 2025

    Trump tariffs and financial reporting: Considerations for audit and risk committees

    Tariffs may increase the costs of production, reduce the demand for goods and services and have other indirect effects, which may increase the risk of impairment of non-financial assets   Increasing tariffs and global trade uncertainty may have significant …

    Source: Daily FT - Pending
  • Published on Apr 24, 2025

    Corporate Restructuring — Liability Management Transactions, Private Credit, and the Road Ahead

    While corporate restructuring is a domain that business leaders and finance executives generally prefer to avoid, some recent developments in this area have underscored the need for better understanding it. It may seem counterintuitive, but the reality is …

    Source: National Law Review - Neutral
  • Published on Apr 24, 2025

    Can Fin Homes Q4FY25 Results: Net profit grows 10% QoQ while asset quality deteriorates; NII at Rs 349 crore

    Can Fin Homes Ltd (CFHL) has reported a steady financial performance for the quarter ended March 31, 2025 (Q4FY25), with a 12% year-on-year (YoY) rise in net profit to ₹234 crore, compared to ₹209 crore in Q4FY24. Sequentially, profit grew by 10% from ₹212 …

    Source: Business Upturn - Pending
  • Published on Apr 24, 2025

    Nigeria in talks to get back on JPMorgan GBI index – DMO DG

    Patience Oniha, director general of the Debt Management Office, said that it is engaging with JP Morgan to get back on the JPMorgan GBI index. “We believe we are eligible to get back on the JPMorgan GBI index with all the reforms in the FX market,” she …

    Source: Business Day - Neutral
  • Published on Apr 24, 2025

    $1b foreign loan deal reached

    Listen to article ISLAMABAD: Pakistan and two foreign commercial banks have reached an understanding for a $1 billion loan at an interest rate of around 7.6%, which Islamabad is obtaining on the back of Asian Development Bank (ADB) guarantee due to its low …

    Source: The Express Tribune - Indeterminate
  • Published on Apr 24, 2025

    ‘You ain’t seen nothing yet’: Mayor vows to push forward following election loss

    JACKSON, Miss. (WLBT) - In an emotional speech Tuesday night, Jackson Mayor Chokwe Antar Lumumba conceded his loss to state Sen. John Horhn and worked to reassure supporters that he’s going to continue fighting for them. “I don’t want anyone to be dismayed …

    Source: WLBT - Mississippi - Pending
  • Published on Apr 23, 2025

    Trump’s Tariffs and Capital’s Constraints

    On April 2, 2025, President Donald J. Trump declared a national emergency under provisions of the International Emergency Economic Powers Act (IEEPA). The IEEPA allows the US president to unilaterally respond to an unusual and exceptional threat to …

    Source: Jacobin - Left-wing
  • Published on Apr 23, 2025

    New WA law prohibits medical debt reporting on credit scores

    OLYMPIA — Credit scores will soon no longer be affected by medical debt in Washington state under a new bill signed into law Tuesday.  Senate Bill 5480, sponsored by Sen. Marcus Riccelli, D-Spokane, prohibits collection agencies and health care providers …

    Source: Yakima Herald-Republic - Washington State - Pending
  • Published on Apr 23, 2025

    Facing student loan debt? One Wisconsin organization can help

    MADISON, Wis. -- The U.S. Department of Education announced Monday it would begin collecting defaulted student loan debt on May 5, marking the first time involuntary collections would take place since they were paused in March of 2020. "It does make …

    Source: WISC Channel 3000 - Wisconsin - Neutral
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