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Car Loan Review Entangles Banks and the Wider UK Economy

Car Loan Review Entangles Banks and the Wider UK Economy
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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UPDATE 1-Moody s downgrades China Huarong over $16 billion loss

UPDATE 1-Moody s downgrades China Huarong over $16 billion loss
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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UPDATE 2-German bonds set for best week this year

Range-bound trading seen, Italian bonds to benefit (Adds Fitch to rate Spain, updates prices)

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UPDATE 4-Need to treat all creditors equally led to Zambia default, c bank says

Bank governor said Zambia had money to pay Need to treat all creditors equally meant it couldn’t (Adds Fitch downgrade) LUSAKA/JOHANNESBURG Nov 18 (Reuters) - Zambia could have paid a coupon on one of its sovereign dollar bonds last Friday, but chose not to do so due to the need to treat all creditors equally, the copper producer’s central bank governor said on Wednesday. However, the finance minister later said that the decision had increased the risk of bondholders taking legal action. Zambia became Africa’s first sovereign pandemic-era default after it failed to pay $42.5 million coupon at the expiry of the grace period on Friday. Holders of Zambian Eurobonds had rejected a government request to defer interest payments until April.

Alexandra hudsonToby chopraBwalya nganduJoe bavierKarin stroheckerChristopher mvungaThomson reuters trust principlesInternational monetary fundAdds fitchZambian eurobondsGovernor christopher mvungaFinance minister bwalya ng anduAlexander winningThomson reuters trustஅலெக்சாண்ட்ரா ஹட்சன்டோபி சோப்ரா