Page 22 - Foreign Debt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The US-based subsidiary has been affected by sanctions and endangered by opposition actions.

Economy Minister Sergio Massa says Argentina’s government will buy back US$1 billion of foreign debt in bid to improve the country’s debt and risk profile; Measure, confirmed via resolution published in Official Gazette, focused on global bonds maturing in 2029 and 2030.

Foreign Debt Relief. Last week the House passed the "Jubilee Act" to cancel debt for poor countries, a move that could cost Americans billions of dollars. House leaders failed to attach promised reforms to the debt cancellation, despite Treasury Undersecretary David McCormick's request that "any debt relief should be conditioned on the adoption of policies that promote sound economic practices." Apparently, they don't mind promoting unaccountable lending and forgiving nations that lack the will and/or the ability to repay their American taxpayer-financed loans

To deal with the specuulation surrounding its moving toward ending super-accommodative monetary policy, Bank of Japan announced a third day of unscheduled bond purchases

China's external debt declines in Q3-