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If two-thirds of creditors agree to the scheme by a July 13 meeting, the government will exchange IBA debt for sovereign loans but it has made it clear it does not bear…
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DOI: 10.1108/OXAN-DB221128
ISSN: 2633-304X
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In this context, the government has recently launched two debt renegotiation initiatives: “Desenrola Brasil” (Develop Brazil) under the Ministry of Finance and “Renegocia!”…
There is broad consensus that security sector reform is necessary, but lingering concern that the government lacks a coherent plan, and will end up being distracted by other…
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DOI: 10.1108/OXAN-DB265718
ISSN: 2633-304X
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Global debt risks.
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DOI: 10.1108/OXAN-DB244961
ISSN: 2633-304X
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Mexico credit outlook downgrades.
Nigeria's state debts.
On March 12, Griesa rejected Citibank's petition that its Argentine branch be allowed to make an interest payment falling due on March 31 on dollar-denominated bonds issued under…
This boosts President Edgar Lungu's re-election prospects in August, but ZCCM-IH will struggle to find a 'strategic partner' to replace Glencore. Mounting public debt will…
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DOI: 10.1108/OXAN-DB259136
ISSN: 2633-304X
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These contentious changes will strengthen the executive and weaken oversight from both the legislature and judiciary. Opposition to the amendments is growing from independent…
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DOI: 10.1108/OXAN-DB246446
ISSN: 2633-304X
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At its first meeting of 2017, on January 10-11, the COPOM reduced the benchmark Selic interest rate to 13%. The 75-basis-point (bp) rate cut decision, the largest in nearly five…