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Ghana's Bondholders to Re-Engage Government Next Week on Debt Rework

Ghana's Bondholders to Re-Engage Government Next Week on Debt Rework
usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.

Ukraine , Accra , Greater-accra , Ghana , New-york , United-states , London , City-of , United-kingdom , Angus-macswan , Maxwell-akalaare-adombila , Karin-strohecker

Ghana's bondholders to re-engage government next week on debt rework

Ghana and its bondholders will restart talks next week to hash out a debt restructuring deal on $13 billion of international bonds, four sources told Reuters, on the heels of a deal finalised with official creditors earlier this week. Ghana, a gold and cocoa producer, defaulted on most of its $30 billion in external debt in 2022, weighed by the COVID-19 pandemic, the war in Ukraine and rapid global interest rate hikes that boosted borrowing costs. It had kicked off formal talks with two groups of bondholders in mid-March - a group of Western asset managers and hedge funds and another one including regional African banks. ....

Accra , Greater-accra , Ghana , London , City-of , United-kingdom , Ukraine , New-york , United-states , Maxwell-akalaare-adombila , Karin-strohecker , Libby-george

Capital flows to emerging markets to net $903 billion in 2024, IIF says | Hellenic Shipping News Worldwide

Capital flows to emerging markets to net $903 billion in 2024, IIF says | Hellenic Shipping News Worldwide
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Russia , China , Saudi-arabia , United-kingdom , United-states , Hungary , United-arab-emirates , Mexico , India , Egypt , America , Abu-dhabi

Capital flows to emerging markets to net $903 billion in 2024, IIF says

Capital flows to emerging markets to net $903 billion in 2024, IIF says
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United-arab-emirates , United-states , Egypt , China , United-kingdom , Hungary , India , Russia , Saudi-arabia , Mexico , America , Rodrigo-campos