Financial crisis 'will drive up debt repayments for poorer nations' The Guardian Poor countries can expect to see their debt repayments to the rest of the world increase by an average of a third by 2014, as they battle with the consequences of the financial crisis in the west, according to a new report by the Jubilee Debt Campaign.
Gulf Finance Says Obtains Approval for Sukuk Restructuring Bloomberg Gulf Finance House EC (GFH), a Bahraini investment bank implementing a recapitalization plan, said it obtained approval from sukuk holders to restructure $110 million of debt. Holders of the Islamic bonds agreed to extend the maturity to June 2018, ...
Wrong policies of Centre responsible for financial crisis: BJP Times of India "From the last few days Prime Minister, Finance Minister, financial advisor and RBI chairman all are expressing serious concern over economy of the country," Joshi said while talking to the reporters here. Joshi said that he has moved a notice in the ...
JPMorgan losses highlight need for credit default swap regulation Telegraph.co.uk The multi-billion dollar losses that JPMorgan Chase has racked up underline the urgent need to better regulate credit default swaps, Sheila Bair, one of America's most powerful financial regulators over the last five years, has warned.