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Top News In Wbnk Today - Breaking & Trending Today

Japan, India and France launch creditors meeting on Sri Lanka debt

Japan, India and France on Thursday announced a common platform for talks among bilateral creditors to coordinate restructuring of Sri Lanka's debt, a move they hope would serve as a model for solving the debt woes of middle-income economies. ....

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Mexico to help Pemex with $2 bln tax deferral - deputy finmin

Mexico's government will bolster state-owned oil firm Pemex's capacity to pay down debt this year by deferring about $2 billion in taxes the company owes the state, Mexican Deputy Finance Minister Gabriel Yorio said on Thursday. ....

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ECB needs more rate hikes and faster balance sheet cuts, Wunsch says

The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest bond buying scheme to complement further interest rate hikes, Belgian policymaker Pierre Wunsch said. ....

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Kenya not seen as a debt restructuring candidate, IMF's Africa chief says

Kenya is not expected to seek a restructuring of its debt despite current strains and a looming bond payment, the head of the International Monetary Fund's Africa Department chief said on Friday. ....

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Exclusive: Mexican firm seeks $380 mln from Honduran state over blocked unit

Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018 in a local dispute, is seeking some $380 million from the Central American country in arbitration proceedings, claiming that it violated foreign investment protections, documents reviewed by Reuters show. ....

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