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Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced it would restructure $11 billion worth of debt, the first such financial shake-up in its modern history, according to a report issued by Reuters. The report further said: “Formal debt talks haven’t started but […]
Money in the bank: Dessie Hutchinson celebrates after landing the final point of a pulsating contest at Walsh Park. Photo: © Inpho/Laszlo Geczo THE notion of…
Cork were hot off the mark with Shane Kingston scoring a goal just 16 seconds into the game.
Cork were hot off the mark with Shane Kingston scoring a goal just 16 seconds into the game.
Reuters – Sri Lanka’s creditors face losing a third to half of their investment in the country’s dollar bonds, after the government announced it would restructure $11 billion worth of debt, the first such financial shake-up in its modern history. Formal debt talks haven’t started but analysts are already crunching the numbers to estimate what...