[ad_1] Colombo: Sri Lanka’s Parliament on Friday approved the much-needed USD 3 billion IMF bailout package to revive the island’s economy which was hit hard […]
Tag: bailout
Biden skirts bank bailout backlash
[ad_1] “Biden has been a steady hand through this financial crisis,” Sen. Elizabeth Warren (D-Mass.), one of the party’s most scathing critics of the banking […]
US Treasury Secretary Yellen rules out bailout for Silicon Valley Bank
[ad_1] Washington: US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank’s investors after […]
Federal bailout for Silicon Valley Bank off the table, Yellen says
[ad_1] The bank had $209 billion in assets, and many of its depositors were Silicon Valley-backed startups and health-care businesses — many of them small […]
Pak finance minister hopeful of signing bailout deal with IMF this week
[ad_1] Islamabad: Pakistan’s Finance Minister Ishaq Dar vowed on Thursday that the government was “absolutely committed” to completing the current USD 7 billion bailout programme […]
Former Greek Finance Minister Varoufakis attacked in central Athens
[ad_1] ATHENS — Former Greek Finance Minister Yanis Varoufakis was attacked in central Athens late on Friday, suffering a broken nose, cuts and bruises. The […]
IMF, Pakistan fail to strike deal on bailout package
[ad_1] Washington: Cash-strapped Pakistan and the IMF have failed to reach a staff-level agreement on a much-needed USD 1.1 billion bailout package aimed at preventing […]
After India, China gives financing assurances to Sri Lanka for IMF bailout package
[ad_1] Colombo: China has given debt-ridden Sri Lanka the financing assurances required by the IMF to unlock a USD 2.9 billion bailout package for the […]