Aug 24, 2016
Venezuela had $12 billion in reserves at the end of June, including gold and cash, but bonds due in the next two years face risk as cash dwindles.The debt payment pace picks up this fall, with the government facing $4.6 billion in payments. Read More>>Proceed to the page: http://linkis.com/kW1Xd
The IMF Saturday released the first tranche of a $1.5 billion bailout for Sri Lanka, which is reeling after a government spending spree and facing a balance of payments crisis
The IMF on Saturday released the first tranche of a $1.5 billion bailout for Sri Lanka, which is reeling after a government spending spree and facing a balance of payments crisis. Initially, IMF had turned down the request, saying the country's reserves were at a comfortable level then.
Cutting-edge technology will reshape the next-generation payment systems, and emerging markets including India will be at the forefront of this transformation, says a PwC report.
Venezuela, which holds the world's largest crude reserves, is on track to suffer its steepest annual oil output drop in 14 years as it suffers the effects of an economic crisis and years of under investment and mismanagement, according to data seen by Reuters and interviews with company sources and...
Learn about the economic problem facing emerging markets, including China. Discover why these economies must transition and reform to avoid economic crisis.
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