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...If El Salvador fails to get at least two upgrades to a rating of B, which is five steps below investment grade, or strike a deal for a loan package with the IMF by October 2025, those coupon payments will...
...In contrast, the S&P 500’s price-to-book ratio is close to the record 5 times it touched in 2021 and 2000 (the Nasdaq’s P/B ratio is close to 7.5 times)....
...The writer is Robin Herbert’s son-in-law...
...So what is the current default rate for private single-B/CCC bonds? About 7.7 per cent, compared to 2.5 per cent for the broader high-yield bond market . .....
...(b) Returns implied by the stock market equal only est. half of Citi’s target. For those looking for a “margin of safety” for an investment—we believe Citi looks like a stock to own....
...and 360,000 b/d in 2025....
...Robin Swann of the small Ulster Unionist Party, who held the post in the last executive, resumed responsibility for the portfolio....
...They also have B Corp certification, a framework that’s quite progressive.”...
...As described in Section B infra, U.S. policy interests favor an orderly and consensual sovereign debt restructuring process consistent with the principles of comparability of treatment and enforceability...
...Ryan McMorrow Back a decade ago, Baidu was known as the B in BAT, alongside Alibaba and Tencent. Michela Tindera Ryan is talking about the top three tech companies in China....
...Robin Harding asks if the company should be demonised....
...As a consequence, we have temporarily lowered our FC sovereign credit ratings on Cameroon to ‘SD/SD’ from ‘B-/B’....
...That led to the rankings being suspended, and a new one (B-READY) is in the works....
...But Saudi Arabia’s cuts left the group’s output at about 27.8mn b/d last month and there is no sign of that picking up any time soon....
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...Is it A) 27 per cent, B) 48 per cent or C) 95 per cent? Robin Wigglesworth I know they’re up a lot this year, aren’t they, Alex? Alexandra Scaggs Yeah. Yeah, I think....
...The return of Ma Baidu was once known as the “B” in BAT, beside Alibaba and Tencent in the acronym synonymous with Big Tech in China....
...The atmosphere is part British Museum, part monastic B&Q....
...smaller-growing rose whose main enemy is its cumbrous name; Debutante, a small flowered rose-pink with a long season; Ethel, whose cupped pale pink flowers are later than most to open; and white Janet B...
...As concern in Washington builds, it remains unclear how the Ford licensing agreement will be treated under the IRA....
...Robin Shaffer, spokesperson for Protect Our Coast NJ, said: “We believe climate change is a real and significant issue . . . We don’t think that these 1,000-foot wind turbines are the answer.”...
...The US Energy Information Administration estimates average prices of about $83/b for the year....
...Substack sent out to its writers on Tuesday, offering them the opportunity to “help build a new economic engine for culture” by investing in a $2-5mn crowdfunding round, at the same terms as its Series B....
...To put this in context, the B-PIPE business that funnels data direct to clients outside the terminal ecosystem apparently generates about four times the revenues of the entire media division....
...Despite the IRA, “they are able to get two of the biggest US players to effectively pave their way into the US,” he said....
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