Page 69 - Bon News Today

Sri Lanka is barreling toward a “series of defaults” after deciding to stop paying its foreign debts, Moody’s Investors Service warned as it downgraded the country’s credit rating.

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(Bloomberg) -- Gambia’s economic growth in 2022 is forecast to be unchanged from last year, as the central bank is likely to tighten policy to contain price pressures emanating from Russia’s invasion of Ukraine, the International Monetary Fund said. The West African economy is seen expanding 5.

(Bloomberg) -- Traders of U.S. government debt were dealt a stern reminder last week not to sleep on a market that’s been headed in one direction for a long time.

(Bloomberg) -- South Korea could have a high inflation rate for a prolonged period of time along with other countries as upside risks to prices rise, according to Bank of Korea analysts.

Former Neighbours star Bonnie Anderson, who played Bea Nilsson on the Australian soap, confirms engagement to partner Sam Morrison on Instagram.

Billionaire Roman Abramovich is attempting to restart talks between Ukraine and Russia, which both sides say are stuck.

(Bloomberg) -- The fastest inflation in decades and the resulting rush by central banks to raise interest rates are stoking recession fears in financial markets -- worries that are being compounded by the impact of aggressive coronavirus lockdowns in China and the war in Ukraine.

(Bloomberg) -- Japan’s giant investors look set to bet on yen weakness continuing and boost their purchases of Treasuries over the rest of the year.

(Bloomberg) -- China’s central bank cut the amount of cash banks must hold in reserve, stepping up its monetary policy action to cushion the economy from its worst Covid outbreak since early 2020.