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Famous German shopping mall declares bankruptcy
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Germany's iconic shopping mall KaDeWe has declared bankruptcy, saying the spike in rental prices has damaged profits.
Another large Chinese real estate corporation goes bankrupt
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China's real estate crisis has deepened as another large Shanghai real estate group went bankrupt.
What does "Foreign Debt Breaking" mean for Russia and the West?
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Efforts to prevent Russia from paying off foreign debts and push Russia into bankruptcy could undermine the Western financial system.
Russia explains how to repay debts in rubles "in one go"
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The reverse mechanism of gas payment in rubles will be used by Russia to repay Euro bond interest.
ruble saves Russia from bankruptcy
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Russia announced to repay foreign debt in rubles after Washington blocked Moscow from paying foreign currency to US bonds.
US blocks "last door" to pay off Russia's foreign debt
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The US ends the exemption for Russia to pay foreign debt using funds in Russia, the US Treasury Department announced on May 24.
Russia still faces the risk of bankruptcy despite paying bonds before the deadline
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Although Russia has prevented a historic debt default as sanctions are imposed on its foreign exchange reserves, analysts believe the risk of Russia's debt default remains inevitable.
Russia spectacularly avoids last-minute bankruptcy
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Russia avoids bankruptcy as US dollar bond payments due on May 4 have reached creditors.
Half of Russia's gold and foreign exchange reserves have been frozen, will Russia go bankrupt?
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Despite half of its gold and foreign exchange reserves frozen by sanctions, Russia accused the West of pushing the country into "faking off fake debt".
Evergrande China boss sells $1 billion house to help company repay debt
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The chairman of China's Evergrande Real Estate Group sold personal assets worth more than 1.1 billion USD to support the company in debt.
China declares to control real estate " debts"
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Chinese media said on October 25 that it had controlled the risk of a real estate "debt bomb".
A series of consequences will occur if the US government is closed
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If the US government is forced to close, millions of employees will be laid off; law enforcement officials, national security, military, and non-resident inspectors will continue to work, but will not be paid.
Efforts to raise the debt ceiling failed, the US government is at risk of closing
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The White House budget office sent a notice to federal agencies preparing for the first US government shutdown since the COVID-19 pandemic began.
Avoiding bankruptcy, Evergrande seeks to negotiate with bondholders
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Evergrande announced that it will settle domestic bond interest payments. The Chinese central bank has also injected a huge amount of cash into the banking system to ease concerns about this mountain of debt.