Kenya Income

Are we on the cusp of an emerging market debt crisis?

Are we on the cusp of an emerging market debt crisis? In November, the Institute of International Finance (IIF) released startling figures: The global level of debt rose by $ 15 trillion due to the cost the pandemic had inflicted on the global economy. The IIR expects global debt to …

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Saudi Ministry of Finance signs Korean $ 3 billion financing deal

Majority of young Saudis interested in tourism rather than oil and gas careers: TRSDC study RIYAD: More and more young Saudis are now interested in a career in tourism compared to other traditional industries such as petrochemicals and oil and gas, as they see the jobs related to Saudi Vision …

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Aramco Exceptional Bond Sale Adds Record Gulf Debt Issue

LONDON: Saudi Aramco has started marketing a sale of dollar-denominated bonds as the world’s largest oil company joins a series of new debt sales across the Gulf. Low oil prices are encouraging companies across the region to tap into debt markets, which has already boosted bond issuance beyond last year’s …

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Senior Data Architect – Beyond Finance

About Beyond Finance Beyond Finance is an exciting next generation FinTech company headquartered in Houston with additional offices in San Diego and Chicago. We provide easy-to-use and accessible financial products that aim to improve people’s lives. As the consumer debt market continues to grow in the United States, we have …

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BRP Companies and JLL team up to finance construction of Archer towers in Jamaica, Queens

BRP companies selected JLL Capital Markets as a partner in a joint venture agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $ 286 million and will produce 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the …

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Brookfield Venture refinances Oakbrook Center shopping mall with a bundle of Morgan Stanley debt

The owner of the Oak Brook property, a joint venture between Toronto-based Brookfield Property Partners and a subsidiary of the California Public Employees’ Retirement System, refinanced it with a $ 319 million mortgage and a $ 156 million mezzanine loan , according to a report by Fitch. Ratings, a New …

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Parterre metro district plan with $ 189 million debt limit approved

Thornton City Council unanimously adopted a plan to finance the construction of Parterre, a 800 acre development project in the northeast corner of town. Several councilors expressed confusion over the technical details associated with the metro district plan before they all finally approved it in a meeting on February 23. …

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The Debt Pandemic – Project Syndicate

Sep 11, 2020 Although sovereign bond markets remain optimistic about the massive fiscal stimulus packages of advanced economies linked to the pandemic, much of the accumulated debt will inevitably be passed on to future generations. Given the many other risks to long-term growth, how can policymakers today best manage the …

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Why Biden shouldn’t let federal debt deter a spending spree

President Biden, speaking during his inauguration on Wednesday, is taking the reins of an economy poised to accelerate when the pandemic is contained. Patrick Semansky-Pool / Getty Images Text size President Joe Biden takes office at a time of momentous opportunity. With vaccinations going and more money in Americans’ pockets, …

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Greece ready to spend more to strengthen armed forces, says finance minister

FILE PHOTO: Greek Finance Minister Christos Staikouras addresses lawmakers in a parliamentary session ahead of the budget vote in Athens, Greece, December 18, 2019. REUTERS / Costas Baltas ATHENS (Reuters) – Greece is ready to spend part of its cash reserves to support its armed forces starting this year, the …

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