Hints and tips:
Related Special Reports
...“Prompt implementation of a debt restructuring agreement with bondholders is not only in Zambia’s interests, but the wider creditor community as a whole,” said a steering committee for the external bondholders...
...Zambia’s official creditors including China have already signed up to debt relief, which made a private creditor deal the last hurdle to leaving a 2020 default behind....
...Lauren Joseph is a writer and chef at Dorian Follow @FTMag to find out about our latest stories first...
...Joseph Wilkins is a funds correspondent at FTAdviser. Look at this graph....
...But it’s a helpful construct for analysis. If there is a trend in the five-factor portfolio performance, that should produce a corresponding trend in quant performance....
...MultiChoice’s board will take independent advice in reviewing the R125 ($6.55) a share cash offer from Canal+, up from a R105 a share offer made in February....
...enjoying a windfall from outsized returns....
...However, the bank has been cautious about moves that would lead to a downgrade of its rating....
...For several decades, Joseph Nye has been one of the influential thinkers in international relations....
...Zambia needs a debt resolution to continue a $1.3bn IMF bailout and revive financial flows back into the country....
...China and India have signed agreements to restructure their holdings of Zambian debt, the bankrupt southern African nation’s president has said, raising hopes that a delayed effort to exit a long-running...
...to a restructuring deal....
...rejected a non-binding offer from Canal+ earlier in February to buy up the remaining stock in Netflix’s main African rival at R105 ($5.60) a share — which would have valued MultiChoice at $2.5bn — when the...
...Namibia has sworn in a new president following the death of Hage Geingob, the sitting president and a veteran of the country’s independence struggle....
...Creditors have been hoping that a forthcoming auction of shares in Citgo, a PDVSA-owned refiner in the US, will help pay off some of the oil company’s defaulted debt....
...Kenya’s shilling has posted its biggest one-day gain in more than 15 years, after the eastern African nation averted a feared default this year by selling new debt to ease a looming $2bn bond payment....
...In a chapel in the basilica of San Lorenzo, Florence, there is a painting of Joseph in his carpentry workshop, with a young Jesus by his side....
...Without a deal, the IMF could need to reassess its bailout deal....
...But weak domestic demand as a result of China’s prolonged property bust and a weaker renminbi are leading investors to forecast that exports could be an especially powerful force this year....
...“A lot of the time, when we see X happen, it’s from a distance, so we cut off quite quickly.”...
...Inflation in the country — currently at 5.1 per cent — had previously seemed to be falling, only to rise again, he said, adding: “The arrival of one swallow does not make a summer.”...
...It is a potential serious risk.”...
...Kenya is preparing to sell US dollar debt, capitalising on a thaw in markets to refinance a $2bn bond repayment later this year that had threatened to strain the finances of east Africa’s largest economy...
...That’s a bit of a complicated process,” Weerasinghe said....
...Kenya in particular is juggling a payment due in June on a $2bn dollar bond that the east African country sold a decade ago as part of a rush by frontier economies to take advantage of then-low US rates....
International Edition