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The regulator's final determination is meant to provide guidance to the industry for the next five years, instead it is piling on the pain
Sources close to Class A proposal are confident threshold has been reached
For the first time in 17 years, no South African banks are involved in an overseas sovereign trade
Heavily indebted company expects its yields to fall after next month's regulatory milestone
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Wealthy countries are letting debts rise and show little sign of reining in spending, raising risk of Liz Truss moments -
A $1.9bn IMF loan for Tunisia is frozen, while the government has refused to implement fiscal reforms, leaving the country at risk of default unless it can continue to source finance from other lenders
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Proper ministerial decision-making body would force countries to reach agreement
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As president, Ajay Banga has given the World Bank the highest ambition and clear targets, but reality rarely cooperates. He is trying to drum up support from business and banks. This week in Washington, the Bank must convince wealthier countries to back its mission with more money — but runs the risk of the Annual Meetings being overshadowed by strife over conflicts in Ukraine and the Middle East
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With political tensions gripping the world economy and threatening to squeeze even tighter, the International Monetary Fund’s managing director Kristalina Georgieva has her work cut out at this week’s annual meeting. If the IMF is to remain relevant and capable, she must strike deals that countries of different political hues and degrees of wealth can live with
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Social housing company signs range of revolvers from existing lenders
