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The sale of dollar bonds from developing countries sunk to the lowest since 2021 in August as global yields spiked to multi-year highs and 15 emerging nations traded at distressed levels. Only $1.4 billion has been raised in emerging debt this month, compared with $4.5 billion in August 2022 and average monthly sales of $15.4 billion this year. ....
(Bloomberg) At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence across emerging markets. In bond sales, it’s already happening.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football ....
Despite economic and political challenges, recent promising drilling results from Suriname’s Block 58 offshore indicate the country might be on the brink of an oil boom similar to neighboring Guyana. ....
Engels, Suriname nieuws - Michel Amafo, the director of the Maritime Authority Suriname (MAS), tells the media that the MAS will be crucial in agreements signed with foreign ....
Yes, the rising sea levels might only affect offshore drilling operations minimally. But the rising waters and other manifestations of climate change disrupt habitation and the normal conduct of political, economic, and social business within those societies, such that having the wealth could be of little consequence for the people there. ....