Edition:
United Kingdom

Karin Strohecker

World Bank pandemic bond under pressure as coronavirus spreads

19 Feb 2020

LONDON A World Bank bond designed to deliver funding to help the world's poorest countries to tackle fast-spreading diseases has lost half its value as the coronavirus outbreak in China has fanned fears that investors could face hefty losses.

Lebanon's bondholders braced for losses as debt crunch looms

19 Feb 2020

LONDON Holders of Lebanon's international debt risk losing as much as 80% of their investment as a debt restructuring looms that could be more painful than that inflicted on Greece's bondholders during its crisis.

Serbia aims to make domestic debt euroclearable by year-end: finance minister

12 Feb 2020

LONDON Serbia aims to make its local debt euroclearable by year-end and to ramp up foreign holdings in its debt markets to 40% in the near future, the country's finance minister Sinisa Mali said.

Factbox: Estimates of global GDP hit from coronavirus disruption

04 Feb 2020

LONDON Travel and trade restrictions introduced to control the spread of the coronavirus from China are now expected to deliver a short, sharp blow to both Chinese and global economic activity for the first quarter of this year. | Video

Factbox: Estimates of global GDP hit from coronavirus disruption

04 Feb 2020

LONDON Travel and trade restrictions introduced to control the spread of the coronavirus from China are now expected to deliver a short, sharp blow to both Chinese and global economic activity for the first quarter of this year.

Factbox: Estimates of global GDP hit from coronavirus disruption

03 Feb 2020

LONDON Travel and trade restrictions introduced to control the spread of the coronavirus from China are now expected to deliver a short, sharp blow to both Chinese and global economic activity for the first quarter of this year.

Graphic: Lower and lower - Emerging central banks cut rates for 12th month

03 Feb 2020

LONDON The easing cycle at emerging market central banks continued unabated in January with policymakers continuing to join major central banks in efforts to shore up their economies.

Nigeria had no warning on potential U.S. travel ban - minister

27 Jan 2020

LONDON Nigeria had no warning from Washington that it could be added to the list of countries subject to a U.S. travel ban, information minister Lai Mohammed said on Monday, adding such a move would be "hasty" and send the wrong signal to investors.

Lebanon's new government may have little reserves left to stabilise economy

23 Jan 2020

LONDON/BEIRUT Lebanon's new government faces huge upcoming debt repayments and a currency peg at breaking point, but it may already have run out of the hard cash firepower it needs to tackle these problems. | Video

Lebanon's new government may have little reserves left to stabilise economy

23 Jan 2020

LONDON/BEIRUT Lebanon's new government faces huge upcoming debt repayments and a currency peg at breaking point, but it may already have run out of the hard cash firepower it needs to tackle these problems. | Video

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