The Rising Cost of Debt: An Obstacle to Achieving Climate and Development Goals
A new allocation of SDRs is a measure that could be taken immediately to provide relief and increase fiscal space in developing countries.
Source: goodmenproject.com
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House Bill Would Create Tax Incentive for CRE Loan Modifications and Debt Workouts
A bill introduced in the U.S. House of Representatives would amend the tax code to make it easier for commercial real estate borrowers to defer taxes applied to their properties during loan modifications or debt workouts. The bill aims to reduce some of the distress associated with the upcoming wave of commercial real estate loan maturities. The bipartisan bill, HR 5508, was introduced Sept. 19 by Rep. Claudia Tenney (D-NY) and Rep. Brian Higgins (R-NY), and co-sponsored by Rep. Mike Lawler (R-NY) and Rep. Pat Ryan (D-NY).
Source: yahoo.com
From the Local to the Global: The Politics of Globalization - Rewiring Globalization
In its current form, globalization has exacerbated inequalities. Globalization 2.0 must address the political ramifications and power imbalance of these cleavages, particularly in trade, data and technology, finance, tax, and climate change policies.
Source: carnegieeurope.eu