I find all of this fuss about the debt ceiling to be simultaneously offensive and boring as fuck. It’s perfectly obvious to everybody that the Republican Party is threatening to fuck up the US economy–and the global economy to some extent–unless President Uncle Joe agrees to their demands...
Creditors and investors keep a close eye on the Current Assets account to assess whether a business is capable of paying its obligations. Many use a variety ofliquidity ratios, representing a class of financial metrics used to determine a debtor's ability to pay off current debt obligations with...
World’s three largest economies—United States, China, and Euro area—slowing sharply; increasing recession risks over next year. 60% of world’s poorest countries are either in debt distress or at risk of it. It hurts critical investments in economic reform, health, climate action, or educat...
Development Relevance:Private financial flows - equity and debt - account for the bulk of development finance. Equity flows comprise foreign direct investment (FDI) and portfolio equity. Debt flows are financing raised through bond issuance, bank lending, and supplier credits. ...
China's foreign exchange reserves of over US $ 3.2 trillion, of which one-third held in dollar assets, mostly United States Treasury bonds, in the face of shrinking and more effective methods of foreign exchange is: wait, maintaining the current US debt holdings. Secondly, take a variety of...
This is why we will phase out Russian supply of crude oil within six months and refined products by the end of the year. Thus, we maximise pressure on Russia, while at the same time minimising collateral damage to us and our partners around the globe. Because to help Ukraine, our own ...
They will also work together to combat foreign information manipulation, such as China's amplification of Russian misinformation narratives regarding the Ukraine war. The EU-US Trade and Technology Council (TTC) is in its fourth year.[1] Changes At The Border As U.S. Scraps Title 42: On ...
On August 30, 2020,Katyayani Shankar(KS) Bajpai( also known as K.Shankar Bajpai)former Indian Ambassador(envoy) to the United States(US), Pakistan, Netherlands and Chinapassed awayat the age of 92. He co-founded the Delhi Policy Group(DPG), an independent think tank in 1994 with other ...
Philippines, US, Japan and Australia will strengthen military ties to counter the expanding influence of China in the Asia-Pacific region. On 7 April, the exercise will be held in South China Sea, which is almost entirely claimed by China. Philippines, Japan and Taiwan also claim over waters...
Reduce the complexity in US GAAP by decreasing the number of credit impairment models that entities use to account for debt instruments Eliminate the barrier to timely recognition of credit losses by using an expected loss model instead of an incurred loss model ...