defaulting

Darrell Duffie is the Adams Distinguished Professor of Management at Stanford University’s Graduate School of Business. Speaking to Srijana Mitra Das, he explains risks facing the US and world markets — and navigating these:Q. What is the…

President Joe Biden and House Speaker Kevin McCarthy have been working the phones in an intense push to sell Congress on the 99-page bill that would suspend the nation’s debt limit through 2025 to avoid a federal default while limiting…

Last Updated: April 24, 2023, 00:33 ISTPakistan's military vehicles carry long-range ballistic missiles Shaheen during the Pakistan Day parade in Islamabad on March 23, 2022. (AFP)The Pakistan Army has hitherto wielded considerable power in…

The economic crisis could create more political turmoil in Pakistan, given the country's profile and surging terrorism threats (Image: Reuters/Representative)The looming default danger could intensify the already surging terrorism and…

Shipping containers are seen stacked on a ship at a sea port in Karachi on April 6, 2023. — AFPAs Pakistan is going through one of its biggest economic crises in history — the Washington-based think tank United States Institute of…

ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) project that was commenced a decade ago was held as a harbinger of prosperity for Pakistan. However, seven years later, many projects under the CPECstill remain non-starters while some…

Senate Chairman Sadiq Sanjrani chairs a special session of the Senate’s Business Advisory Committee on February 25, 2023, at the Parliament House. — Twitter/@SenatePakistanISLAMABAD: Federal Minister for Finance and Revenue…

"Significant pressure" will be placed on the ability of households to meet their debts, the Bank of England has said in its latest health check of the UK's financial system.Its Financial Stability Report, published on Tuesday…

NEW DELHI: The financial crisis at SpiceJetis hurting employees dearly. The strugglingto-survive airlines, which has delayed August salaries, is allegedly defaulting on depositing tax deducted at source (TDS) with authorities and allegedly…

MOSCOW: Russia said Monday (Jun 27) that two of its debt payments were prevented from reaching creditors, pushing the country closer to its first foreign default in a century due to sanctions over the Ukraine offensive. The announcement…