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Understanding Sri Lanka's Debt Restructuring position

COLOMBO (News 1st); Sri Lanka has made significant progress in its debt restructuring efforts, reaching agreements with domestic and foreign creditors to - Get the latest breaking news and top stories from Sri Lanka, the latest political news, sports news, weather updates, exam results, business news, entertainment news, world news and much more from News 1st, Sri Lanka's leading news network. ....

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How Belize became a poster child for 'debt-for-nature' swaps

When Covid hit Belize, its economy nosedived: closed borders meant fisheries and farmers had no export markets, and tourism centered on the tiny Central American nation's warm waters and wonders of biodiversity came to a halt. Under the terms of the deal, Belize agreed to expand protection to 30 percent of its territorial waters, and spend $4.2 million annually on marine conservation. ....

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Foreign currency deposits in banks cross record Sh1 trillion

The Kenyan shilling has continued its slump against major world currencies which has boosted customers that hold cash in foreign currency in banks. ....

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A tsunami of debt worth more than $1.5 trillion coming due for commercial property owners

Borrowers in the US commercial real estate market face a significant challenge as nearly $1.5 trillion of debt comes due for repayment by the end of 2025, leading to a couple of big questions: [.] ....

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Mayor launches exciting programme for Enterprise Week 2023

The Mayor of Derry and Strabane, Councillor Sandra Duffy, this week unveiled this year s Enterprise Week programme, packed full of essential advice and informat. ....

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