Lebanon announced it cannot meet its debt payments and halted a March 9 bond pay...
BEIRUT - Lebanon announced it cannot meet its debt payments and halted a March 9 bond payment of $1.2 billion on Saturday, setting the heavily indebted state on course for a sovereign default as it grapples with a major financial crisis.
The crisis is seen as the biggest risk to Lebanon’s stability since the end of the 1975-90 civil war. The Lebanese had “lived a dream that was a delusion as though things were just fine, while Lebanon was drowning in more debt”, he said. He took aim at a banking system that drew capital to the country with dollar interest rates five to 10 times greater than those offered abroad.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lebanon in 'final hours before' declaring it cannot pay its debts: senior MPLebanon is in 'the final hours before' formally announcing it cannot p...
Leer más »
In sharp rebuke, conservative judge questions AG Bill Barr's honestyIt's not often when a federal judge declares publicly that the sitting U.S. attorney general cannot be trusted.
Leer más »
This hedge fund bet against coronavirus-vulnerable stocks. It's up 26% this yearBoaz Weinstein's $2.2-billion Saba Capital Management reaped gains trading credit default swaps, an investor says.
Leer más »
Uber considers paying drivers diagnosed with coronavirus disease - Business InsiderIts statement comes in response to a senator's letter requesting that the company do more to support its workers during the coronavirus outbreak.
Leer más »
Ronan Farrow Excoriates Publisher Over Woody Allen Memoir, Immediately Severs TiesThe Pulitzer Prize–winning reporter says he “can’t in good conscience” work with Hachette now that it’s set to release the Allen memoir.
Leer más »
I Turned on Read Receipts *Only* for My Boyfriend, and It's the Most Chaotically Evil Thing About MeHelp, I'm drunk with power and cannot be stopped!!
Leer más »