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Pakistan s debt, liabilities surge to Rs44 9trln in 2020

KARACHI: Pakistan’s total debt and liabilities increased 9.9 percent to Rs44.9 trillion during the last year, the central bank’s data showed on Thursday, as the government s fiscal.

Sveriges Riksbank: RESULT OF SEK TENDER OPERATION FOR ONWARD LENDING

AuctionAuction resultsAuction date2021-02-19Settlement date2021-02-23Final repayment date2025-02-24Offered volume, SEK bn50Total bid amount, SEK bn0Number of bids0Alloted volume, SEK bn0Interest rateRepo

Pemex s Oil Production Increase Is More Illusion Than Reality

Mexico’s Pemex reported its oil production grew last year, for the first time in fifteen years. However, there’s a big catch the increase was only a result of how the company is counting barrels

Biden Questions Why Yale Or Harvard Graduates Should Get Loans Forgiven But Few Borrowers Attend Elite Schools

Biden went on to suggest that it didn t make sense to use money to forgive the student debt for people who have gone to Harvard and Yale and Penn. The exchange quickly rattled progressives, advocates and student loan borrowers who ve been calling on Biden to increase the amount of debt forgiveness he supports to $50,000 from $10,000 and to cancel the loans through executive action. Advocates also point out that it s largely a myth that people with student debt particularly those struggling with it have the benefit of a prestigious education behind them. The vast majority of students who graduate from the elite schools the president mentioned in the CNN town hall graduate with zero student loan debt, said Eileen Connor, director of litigation at Harvard Law School s Project on Predatory Student Lending.

TrustToken launches TrueFi V2, Decentralizing the Unsedured Lending Protocol

TrustToken launches TrueFi V2, Decentralizing the Unsedured Lending Protocol TrueFi V2 further grows the utility and value of TRU, upgrades the underlying credit model, launches on-chain governance, and improves exit liquidity. SAN FRANCISCO, CA / ACCESSWIRE / February 19, 2021 / TrustToken, the core developer of the TrueFi uncollateralized lending protocol, is proud to announce the next major step of bringing credit lines on-chain: the launch of TrueFi Version 2. V2 delivers on three major goals for the protocol: making TRU more valuable and higher utility, building an ever more robust credit model to improve the borrower and lender experience, and formally decentralize the protocol. Since the November 2020 launch of TrueFi, the protocol has seen major success among borrowers, lenders, traders, and the DeFi community at large. As of writing, TrueFI has processed about $60m of loans from major institutional borrowers including top hedge funds and exchanges. In this same period, le

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