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Flood-hit Pakistan should suspend debt repayments, says UN paper

Flood-hit Pakistan should suspend debt repayments, says UN paper

© Reuters. FILE PHOTO: A man, displaced because of the floods, wades through flood water to fill the canisters, following rains and floods during the monsoon season in Sehwan, Pakistan September 20, 2022. REUTERS/Stringer/File Photo (Reuters) -Pakistan should suspend international debt repayments and restructure loans with creditors after recent floods added to the country’s financial…

Brazil central bank holds interest rates after 12 straight increases

Brazil central bank holds interest rates after 12 straight increases

© Reuters. People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank on Wednesday chose to keep interest rates unchanged, pausing an aggressive monetary tightening cycle even as U.S. and European policymakers are still racing to catch up with inflation.…

U.S. Treasury official criticizes China’s ‘unconventional’ debt practices

U.S. Treasury official criticizes China’s ‘unconventional’ debt practices

© Reuters. FILE PHOTO: Chinese yuan banknotes are seen in this illustration picture taken April 25, 2022. REUTERS/Florence Lo/Illustration   LCO -1.51% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount: Price Point Value: Leverage: 1:1 1:10 1:25 1:50 1:100…