Defaults on Caixa Econômica Federal microcredit reached in May four times higher than the average for the entire historical series of the Central Bank, which began in 2011. With a…
Tag: default
Increase in default makes credit insurance soar in 2023
The insurance sector recorded, in the first four months of 2023, accelerated growth in Credit insurance, compared to the same period of 2022. A survey produced by the National Confederation…
Casino will ask for “grace periods” to avoid a default on its debt before having renegotiated it
After refusals from its creditors, the group announces that it will “solicit the president of the Commercial Court, in the coming days”. Casino announced on Monday that he would ask…
China saved us from default, Pakistan’s Prime Minister praised for getting IMF bailout
creative common Pakistan, which is facing economic crisis, is expected to get a bailout of three billion dollars from the International Monetary Fund (IMF). Pakistan Prime Minister Shehbaz Sharif said…
United States: Joe Biden enacts debt law, risk of default averted
The risk of default is eliminated. After several weeks of political confrontation, Joe Biden signed into law a law on Saturday that suspends the public debt ceiling of the United…
Biden approves higher US debt ceiling
US President Joe Biden signed into law a bill to raise the national debt ceiling, which will prevent a possible default and avoid a “catastrophic” blow to the economy, Bloomberg…
Now America can take a breath of relief, the risk of default has been postponed, the debt ceiling bill has been approved by the Senate.
newsinfrance.com June 5 was the last date to increase the debt limit in America. Had this not happened, America would have gone bankrupt for the first time in history. After…
United States: the threat of a default postponed in extremis
After weeks of suspense, America can finally breathe. By a vote of the United States Congress, the United States suspended their debt ceiling on Thursday and dismissed, within a few…
The United States dismisses the threat of a default
This television image from the US Senate shows the final vote on the bill to raise the debt ceiling, June 1, 2023, in Washington. PA A series of meetings at…
The US Congress dismisses in extremis the threat of a default
By Le Figaro with AFP Published 9 minutes ago , Update just now The US Congress building in Washington DC. Lux Blue / stock.adobe.com US lawmakers agreed on Thursday to…
Biden welcomes ‘compromise’ with Republicans that will ‘avoid catastrophic default’
The Democratic president finally reached an agreement in principle with Republican Kevin McCarthy, Speaker of the House, in order to avoid a default on payment by the United States. A…
Biden and Republicans reached an agreement to avoid default
The White House and representatives of Republicans in Congress reached an agreement in principle on raising the state debt ceiling and budget issues. This was announced on Saturday evening by…
United States: an agreement in principle to avoid a “catastrophic default”
Joe Biden said he was “fairly optimistic”. The American president and the Republican leader in Congress Kevin McCarthy have finally reached an agreement in principle on the thorny issue of…
fierce negotiations to avoid default
By Le Figaro with AFP Posted 24 minutes ago Asked Saturday morning if there would be a deal before the deadline, Republican House Leader Kevin McCarthy replied: “Yes“. SAUL LOEB…
United States: date of possible default adjusted to June 5, negotiations continue
Five more days of respite… The United States may be unable to honor its financial commitments and therefore end up in default of payment from June 5, the US Treasury…