The International Monetary Fund (IMF) on Friday concluded its sixth review of the Extended Fund Facility (EFF) arrangement for Ukraine, approving the allocation of $1.1 billion to the war-torn country. The funds will be used for budget support. Speaking about the state of the Ukrainian economy, the IMF...
The United States Treasury Department announced on Tuesday it extended a $20 billion loan to Ukraine which will be repaid from windfall proceeds earned from frozen Russian assets, stating that the financial aid will help sustain the country's war effort."Right now, Putin is engaging our coalition in a...
Rivian Automotive Inc. announced that it received a conditional loan of up to $6.6 billion from the United States Department of Energy's (DOE) Advanced Technology Vehicle Manufacturing (ATVM) Loan Program to boost its growth and strengthen its position in the electric vehicle market in the...
Russian Finance Minister Anton Siluanov stated that the Russian and Chinese Governments have been going into discussions, the most recent at the end of 2023, to analyze how to secure loans in yuan.
In an interview with RIA Novosti, Siluanov said "negotiations with Chinese partners have been going...
Crypto trading company Auros Global missed payment on a decentralized finance (DeFi) loan, becoming the latest victim facing liquidity issues following the FTX collapse at the beginning of the month, credit pool manager M11 Credit informed Wednesday.
"Auros is experiencing a short-term liquidity...
The Executive Board of the International Monetary Fund (IMF) announced on Friday that it had approved the agreement to refinance the US$45 billion loan Argentina took out in 2018.
This decision provides the authorities with an immediate disbursement of SDR 7 billion (US$ 9,656 billion). The deal is...
The International Monetary Fund (IMF) and the government of Argentina reached a new $44.5 billion agreement on Friday to refinance the loan the country has with the organization.
According to the statement, the new deal will "gradually and sustainably" improve the country's public finances and...
United States President Donald Trump reiterated on Monday he stands by the Republicans' plan to suspend federal student loan payments. "If Republicans win in November we will forgive these payments in full," he stated.
He praised his government for creating "the single greatest economy...
The House of Representatives of Japan passed on Wednesday the emergency coronavirus budget proposal. It is approved that ¥25.69 trillion ($240 billion) finance the economic package.
The proposal includes ¥100,000 payout per capita. The second phase is heading the proposal towards the...
The Serious Fraud Office (SFO) charged Barclays Bank over an unlawful loan to Qatar in 2008. The charges relate to financial assistance Barclays Bank Plc gave to Qatar Holding LLC between 1 October and 30 November 2008, which was in the form of a $3 billion loan for the purpose of directly or...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
