Page 42 - Bon News Today

President Joe Biden’s budget proposal is an opening salvo in the looming impasse with Republicans over raising the debt ceiling and funding the US government.

For nearly two decades since the 2003 “Rose Revolution,” Georgia sought to escape Russia’s shadow by integrating itself with the European Union and NATO.

Despite Namibia’s ties and exposure to the South African financial system, which recently got greylisted by the Financial Action Task Force (FATF), Namibia’s financial...

(Bloomberg) -- Economists at Morgan Stanley raised their forecast for the European Central Bank’s key interest rate to 4% because core inflation is likely to peak later and higher than previously expected. 

Despite Namibia’s ties and exposure to the South African financial system, which recently got greylisted by the Financial Action Task Force (FATF), Namibia’s financial...

Billionaire Oleg Deripaska said Russia could find its coffers empty already next year and needs investment from “friendly” countries to break the hold of sanctions on the economy.

Adani Group isn’t seeking to refinance debt or inject capital, its finance chief said on the sidelines of an investor roadshow aimed at rebuilding confidence in the crisis-ridden Indian conglomerate.

Bondholders in Vedanta Resources, a highly leveraged mining group, are jittery about getting repaid next year.

Widening the World Bank’s mandate risks shifting the multilateral lender’s focus away from helping poor nations reduce poverty and accelerate development, finance minister Enoch Godongwana said.

Eskom's departing CEO said the stricken state-owned utility is losing R1bn a month to graft and theft committed by people often affiliated to the ANC.