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Liquidity crisis


It’s this time again: the suspension of the national debt limit is ready to expire July 31. If Congress and the President don’t increase or resuspend that cap, they will force the US Treasury to default. The Federal Reserve predicted such a crisis: If the dollar defaults, break the glass. I know their playbook. I …

Global equity markets rose and the US dollar rallied against major currencies on Wednesday for the first time this week, as Federal Reserve officials continued to downplay the outlook for rising inflation. Richard Clarida, vice chairman of the Fed, said on Tuesday that the US central bank had the ability to curb a spike in …

NOIDA: Builder Naredco’s body urged central government to take immediate action to prevent the National Company Law Tribunal (NCLT) from admitting insolvency cases against builders for at least a year, citing delays charged to Covid in the completion of ongoing projects. During last year’s lockout, the Union government relaxed the insolvency and bankruptcy code to …

Giving relief to lenders, the Piramal group and the administrator, the National Company Law Appeals Tribunal (NCLAT) on Tuesday suspended the Mumbai bench order of the National Company Law Tribunal (NCLT), which had ordered the DHFL administrator to place the settlement offer of the former promoter, Kapil Wadhawan, before the creditors committee (CoC) while the …

“The constant refinancing of the debt of companies of questionable viability also leads to the perpetuation of overcapacity as a key process of economic progress, such as creative destruction, is eliminated or limited.” One of the arguments most used by central banks regarding rising inflation is that it is due to bottlenecks and that the …

Aid, development and aid, economy and trade, financial crisis, global, headlines, health, human rights, humanitarian emergencies, inequalities, sustainability, TerraViva United Nations Notice SYDNEY and KUALA LUMPUR, May 25, 2021 (IPS) – Failure to accelerate global efforts sufficiently to contain the contagion of COVID-19 has dramatically worsened the disaster in developing countries. Significantly insufficient funding for …

RBI’s implicit assumption appears to be that loan demand will only be for brownfield projects. By Amarendu Nandy & Prasenjit Chakrabarti In the war against Covid-19, RBI threw in the gauntlet by announcing a “squeeze-out liquidity” program for commercial banks. It opened a loan window of Rs 50,000 crore, with tenors of up to three …

Wines from Croatia – Vina Croatia | Wines from Croatia – Vina Croatia Facebook May 23, 2021 – The Vina Croatia site Vina Mosaica wants to become a key point in Croatian winemaking. It aims to present the Croatian wine list to the whole world as a recognizable destination for high quality wines. “Croatia has …

New Delhi: The real estate sector, which has seen a gradual recovery after the total halt of the first wave of Covid-19 and the lockdowns that resulted from it last year, is once again experiencing a slowdown in the current Covid crisis across the country . Also Read – Cardiac Arrest Journalist and Producer BA …

May 22, 2021 A RESTAURANT CHAIN in Huntsville, Ala., draws an additional a few thousand dollars from its working capital facility with a local bank. Meanwhile, its employees’ pension plan must convert the variable interest rate on $ 10 billion of its assets into a fixed income stream. The system accepts an interest rate swap …