| 单词 | bailout |
| 例句 | It was like a rerun of the first Coach bailout when he came and picked me up from school and I said pretty much those exact words. Ghost 2016-08-30T00:00:00Z During the auto industry bailouts, newspapers in Michigan and Ohio — home to many of the largest domestic auto plants — were sometimes tipped to White House announcements. What’s in a ‘scoop’? The White House has a strategy for that. With a sullen electorate still deeply resentful over Wall Street’s excesses and the gargantuan government bank bailout of 2008, the drama could not show up in Washington at a more meaningful moment. ‘Sweat’: A necessary if familiar tale of the plight of American workers 2016-01-24T05:00:00Z World: Cyprus strikes last-minute EU bailout deal 3. Azed slip No. 2,126 2013-03-25T10:24:00Z In announcing his bill, Issa warned of a need to avoid a "bailout" of the post office, which does not receive taxpayer money for its operations. If the post office closed, would anyone miss it? 2011-09-10T13:48:00Z The new loan package — Greece’s second massive bailout in as many years — aims to finally fix the country’s debt problems and restore its battered economy. Myths explain Greece 2012-06-25T15:15:00Z Kashkari’s connection to the financial-sector bailout, known as the Troubled Asset Relief Program, has proved a bragging point and a vulnerability. Neel Kashkari, the $700 billion man, makes a bid for governor in California Though the Great Recession and subsequent bank bailout dominated the news and launched a virtual cottage industry of explainers on what went wrong, for Lovell, little analysis of the catastrophe made sense on the ground. 'A failure of our system': inside a damning take on the Great Recession 2020-08-05T04:00:00Z As for being bailed out themselves, Martin has had to publicly contend with the fact that she and her husband filed for bankruptcy, a bailout of its own sort. In Mississippi, Jenny Beth Martin and Tea Party Patriots try to prove their worth According to one poll, 90 percent of independent venue owners predict they’ll have to shut down completely by the fall without a federal bailout or some other income source. Concerts Aren’t Back. Livestreams Are Ubiquitous. Can They Do the Job? 2020-07-21T04:00:00Z The bailout deal aims to save Greece from bankruptcy and to prevent its problems tipping much bigger euro zone economies such as Italy and Spain into full-blown crisis. Europe turns up heat on Greeks 2011-11-06T17:20:00Z If the crisis comes, only Uncle Sam will have pockets deep enough to fund a bailout. ‘Fixers’: A financial thriller with cameos by Hillary Clinton and Obama 2016-02-10T05:00:00Z An internal EU report leaked to journalists in Brussels on Monday painted a gloomy picture that warned more bailouts may be needed unless government reforms start to produce growth. Myths explain Greece 2012-06-25T15:15:00Z Without a deal and a subsequent release of funds from the bailout plan, Greece would sink into an uncontrolled default that risks spreading turmoil across the euro zone. Greek PM tries to win backing from parties for reforms 2012-01-29T14:40:07Z Shannon as actor and Carver as charismatic scoundrel are winners, and neither needs a government bailout to possess every minute of 99 Homes. REVIEW: Spider-Man Has a Housing Crisis in 99 Homes 2014-08-29T04:00:00Z Eastwood also is an opponent of government bailouts who just happened to appear in a commercial for a company that benefitted from government support. Eastwood: A maverick who does politics his own way 2012-02-07T22:28:08Z To Grant, this argument sanctions fiscal irresponsibility, culminating 150 years later in bailouts by our own federal government and the contemporary doctrine that some institutions are too big to be allowed to fail. Review | In these fractious times, a yearning for Walter Bagehot’s ‘age of discussion’ 2019-07-02T04:00:00Z The administration proposed it two years ago this month, hoping to raise billions to repay costs of the financial bailout, but officials were unable to pass it even in the wake of the financial crisis. Obama calls for millionaires' tax in address 2012-01-25T02:33:00Z Out of government and newly installed at the IMF, Brown waited with growing impatience for Livingstone to bring Britain's ruined economy to Washington and plead for a bailout. What if John Smith had lived? 2011-04-07T20:00:15Z It has a history of financial fragility – seen most dramatically in 2003, when an £11m Arts Council England bailout kept it afloat. The cash-strapped ENO must take a long, hard look at itself 2013-01-18T12:32:13Z It’s a sentiment we’ve heard before from the Tea Party in arguments about tax reform, economic inequality and corporate bailouts. Mark Twain invented Mitt 2012-07-06T14:20:00Z The popular revolt against bankers, their current business model in which neglect of the real economy is embedded and the scale of their bonuses – all to be underwritten by bailouts from taxpayers – will become irresistible. 20 predictions for the next 25 years 2011-01-02T00:05:22Z And who would have guessed that Taylor would be the strongest advocate for economic Darwinism, comparing the town to a business that has operated beyond its means and is thus unworthy of a bailout? ‘Billions’ Season 2, Episode 7: Greed Is Good. Except When It’s Not. 2017-04-02T04:00:00Z Others, however, have characterized the $5.5 billion payments as a post office bailout of the federal budget because it makes the deficit appear smaller. If the post office closed, would anyone miss it? 2011-09-10T13:48:00Z Other critics have noted that the government more than recouped the money it spent in the 2008 bailout approved by Congress. Some experts think ‘The Big Short’ is inaccurate. We asked the director to explain. 2016-02-18T05:00:00Z Plants, Bailout Isn’t a Guarantee of Votes Even Wentzville, Mo., where a new General Motors plant is under construction, is expected to favor Mitt Romney, who opposed the auto bailout. Trendspotting: Color 2012-09-14T21:17:34Z Berlin is waiting until the troika release a report on Greece’s debt sustainability before the Bundestag votes on whether to back the bailout on February 27. Myths explain Greece 2012-06-25T15:15:00Z He became a darling of the tea party movement after he began a legal challenge to the terms of the Obama administration’s bailout of Chrysler. Longtime Indiana Sen. Richard Lugar ousted 2012-05-08T23:50:00Z Abroad, the German Parliament votes to give yet another financial bailout to Greece, in return for which Greece agrees not to publish photographs of Angela Merkel naked. Dave Barry’s Year in Review: The sad thing is, we’re not making this up! 2015-12-20T05:00:00Z We're at a place where another level of government restrictions, without the promise of any kind of government bailout, could easily bankrupt a locally owned restaurant. How "Bob's Burgers" uses "foxhole humor" to keep the American dream alive after 200 episodes 2020-11-15T05:00:00Z Portugal, which needed a financial bailout in 2011, only recently emerged from its worst recession since the 1970s. 'Superhero' confronts Portugal's fascist past with satire 2013-12-10T15:19:45Z The bailouts were this moment that just crushed people's faith. Book Talk: Thomas Frank on the Great Recession 2012-01-03T16:29:46Z Robert Lynch, president and chief executive of Americans for the Arts, is hopeful that Congress, which has been supportive of the arts in the Trump era, will include the arts groups in a federal bailout. Arts groups have never been very flush with cash. Now, they’re facing an even bigger battle for survival. 2020-03-22T04:00:00Z One learns much about the specific impact on the industry via President Obama's controversial bailout of Detroit. Your guide to SIFF 2011 2011-06-06T19:01:05Z Many cities are going to be looking for a bailout. “Detropia”: Can Detroit be saved? 2012-09-07T17:45:00Z German Economics Minister Philipp Roesler cautiously welcomed the Greek parliament’s move but made it clear that German approval of the bailout was not inevitable. Myths explain Greece 2012-06-25T15:15:00Z It is easy enough to see how her tough-guy, every-man-for-himself posturing would be a natural fit with the Wall Street bankers and the right-wing politicians they fund—notwithstanding the bankers’ fondness for government bailouts. GOP insider: Religion destroyed my party 2012-08-05T16:00:00Z Think of where we were in 2010, when the recession had ended but the average person wasn’t feeling any financial lift, while Wall Street was getting bailouts. Democracy in the 2010s, aka the decline of Kanye West-ern civilization 2019-12-22T05:00:00Z Spike Lee's "Red Hook Summer" features a character living in Brooklyn's projects who continually cries out over the bailout given to banks and against Obama's unfulfilled promises while the "rich get richer." Tales of greed, excess meet mild response at Sundance 2012-01-25T20:16:33Z Smaje himself departed abruptly in November last year, when it emerged that the theatre had received an emergency £1m bailout from the Arts Council. Hull Truck theatre returns to its roots 2013-04-25T10:39:16Z Greece and its euro zone partners saved their marriage by agreeing on a $170 billion bailout, but it hasn’t squashed talk of a messy breakup. Myths explain Greece 2012-06-25T15:15:00Z The man likely to Obama's Republican opponent in the general election, , has been slammed by Democrats for opposing the bailout of the industry. Eastwood ad sparks the discord it decries 2012-02-06T22:59:00Z The latter is a nonprofit regional theater in financial trouble, and desperate need of a bailout. Seattle Rep mounts redo of ‘Inspecting Carol’ romp | Theater review 2012-11-30T23:03:22Z As stimulus packages and bailouts are discussed, lawmakers have been referencing covid-19’s crushing impact on airlines, restaurants and the cruise industry. Arts groups have never been very flush with cash. Now, they’re facing an even bigger battle for survival. 2020-03-22T04:00:00Z Once again, Mr. McCurdy added, it’s the wealthiest who get bailouts. Together Apart? How About Totally Losing It? 2020-04-29T04:00:00Z The new government finds itself in a no-win situation: in order to get more bailout money it needs to increase austerity, cutting back social welfare and health programs. Greek tragedy: Austerity and addiction 2012-06-26T14:36:00Z In Europe, concerns have grown that debt-ridden and Spain might be forced to follow Greece, Ireland and Portugal in seeking bailouts from the rest of the . Stocks take a beating worldwide 2011-08-05T02:12:00Z Many Spaniards fear Spain, which is wrestling with a high public deficit but has so far avoided a full international bailout, could follow Greece, Portugal, Ireland and Cyprus into deeper problems. A hit TV show rises from the ashes of Spain's crisis 2013-04-11T11:39:34Z They also prematurely announced redundancies ahead of clarity on the government’s cultural bailout. Six Months in the Life of a Locked-Down Theater 2020-10-02T04:00:00Z What they talk about, and they talk about very well, are the bailouts. Book Talk: Thomas Frank on the Great Recession 2012-01-03T16:29:46Z A tentative comeback this year, buoyed by a $1.4 million government bailout, will see fewer than 850 shows presented — a third of them online. Edinburgh Fringe Is Back. Is a Smaller Festival Better? 2021-08-11T04:00:00Z If that and other conditions are met, Greece expects to receive bailout cash — avoiding default — before nearly $19 billion in bond repayments are due later in the month. Myths explain Greece 2012-06-25T15:15:00Z “That is just classic Trump to try and brag about how in demand an emergency bailout system is,” Oliver said. John Oliver: 'Things need to change and not go back to normal' 2020-04-13T04:00:00Z “I think I was asked about the Greek bailout.” Buddy-Cop Banter With a Brogue 2011-07-17T01:13:02Z Papandreou provoked uproar on Monday by announcing a referendum on the bailout, which demands yet more austerity to be imposed on the long-suffering Greek population, plunging his country into political as well as economic crisis. Europe turns up heat on Greeks 2011-11-06T17:20:00Z Rand Paul’s ability to raise money from supporters of his father and the tea party who were angry about the bailout proved to be a huge advantage. Rand Paul’s campaign manager talks to the establishment Republican he ambushed in 2010 2018-01-02T05:00:00Z The ad concluded by comparing the federal bailouts of the banking and car sectors to the neglect of books. James Patterson: a life in writing 2013-05-11T08:02:02Z In relatively prosperous Germany, Greece has been portrayed as a fiscally irresponsible freeloader as the crisis forced a multibillion-dollar EU and International Monetary Fund bailout of the Mediterranean country. Undertones of debt crisis at European song contest 2010-05-28T16:21:00Z I was very much looking forward to reading “Borrowed Time,” James Freeman and Vern McKinley’s book about “two centuries of booms, busts, and bailouts” at Citigroup, once the nation’s largest bank. How Citigroup Escaped Financial Disaster in 2008 2018-08-06T04:00:00Z China isn't an exotic dalliance for this anxious corporate traveler — it's last-gasp bailout for the desperate. Four stars for Goodman's 'Chinglish' 2011-06-27T20:36:00Z It is also, surely, the first hip-hop record to feature the lyric "I need the bailout money to stimulate the economy". Wyclef Jean: 'Fans are calling me the new Dylan' 2010-12-05T21:30:00Z On "Salvados", which means "Saved" in English, journalist Jordi Evole, 38, asks experts and ordinary people disarmingly simple questions to explain the costly bailout of Spain's banks or the looming hole in the pension system. A hit TV show rises from the ashes of Spain's crisis 2013-04-11T11:39:34Z And yet rather than reward them for performing this essential work, some in the government are reportedly trying to slash their low wages even further, while giving farm owners a multi-billion-dollar bailout. As states weigh human lives versus the economy, history suggests the economy often wins 2020-05-03T04:00:00Z The mounting misfortune has driven some to embrace a formerly unthinkable idea: a government bailout. The coronavirus crisis is devastating the news industry. Many newspapers won’t survive it. 2020-04-08T04:00:00Z In that interview Palin answered a question on her bailout plan this way: Similar to Trump, Palin didn’t really need any help making herself look stupid. Larry David saved Bernie Sanders: “SNL” impression made him human, likable — after a rough debate with Hillary Clinton 2015-10-19T04:00:00Z GM has plenty of money for more new vehicles and marketing, and most of our bailout money doesn't have to be repaid from profits but from the sale of the government's stock in GM. 2010-02-11T16:40:00Z In recent years, the society has given top honors to "occupy," "app," "tweet" and "bailout," all of which seem to have some staying power. ArtsBeat: Tweet This: 'Hashtag' Named Word of the Year by American Dialect Society 2013-01-07T17:33:06Z Uncle Sam’s policy of allowing banks to get too big to fail means we’ll all be left holding the bag when that collapse occurs — and another banking bailout is necessary. Six reasons we may have another bank crisis 2012-08-20T17:53:00Z What the federal government did, Mr. Scarmucci, was give you and your pals a billion-dollar bailout after your gamed the world financial system close to bankruptcy. Oliver Stone's New Wall Street: Greed Is God 2010-09-23T08:25:00Z But a decade before this bailout, U.S. financial regulators were involved in a rescue of a shadow bank, which helped set the stage for TARP. Six reasons we may have another bank crisis 2012-08-20T17:53:00Z However, the austerity measures that are a pre-condition of the bailout money, leave little prospect of Greece returning to a path of growth any time soon. Myths explain Greece 2012-06-25T15:15:00Z The editors were read the definitive sentence from Ford’s address: “I am prepared to veto any bill that has as its purpose a federal bailout of New York City to prevent a default.” When New York Was ‘Drop Dead City’ 2023-09-11T04:00:00Z We went through and counted the ones that voted for the bank bailout and we called it the Bailout Ball. Rand Paul’s campaign manager talks to the establishment Republican he ambushed in 2010 2018-01-02T05:00:00Z The ironic thing about the small-scale brouhaha is that Eastwood is a Republican who opposed the bailout of the industry. Eastwood ad sparks the discord it decries 2012-02-06T22:59:00Z You can oppose bailouts from all sorts of points of view. Book Talk: Thomas Frank on the Great Recession 2012-01-03T16:29:46Z But those, like me, who have argued that repealing Glass-Steagall did not cause the 2008 financial crisis have always stubbed their toe on Citigroup because it wreaked so much havoc before its enormous bailout. How Citigroup Escaped Financial Disaster in 2008 2018-08-06T04:00:00Z It’s the sound of the money printer whirring — trillions of dollars getting pumped into a collapsing economy, making the bailouts following the 2008 financial crisis look like small change. John Maynard Keynes Died in 1946. An Outstanding New Biography Shows Him Relevant Still. 2020-05-20T04:00:00Z They filed for bankruptcy around the time of the Wall Street bailout. In Mississippi, Jenny Beth Martin and Tea Party Patriots try to prove their worth And the auto bailout is credited with saving thousands of jobs in the state. Stellar duo target Ohio's working class for Obama 2012-10-18T20:59:13Z The gay pride was one of the largest marches seen in Cyprus in several years, bigger than protest gatherings over Cyprus's tumultuous financial bailout in 2013. Thousands march in Cyprus' first gay pride, seeking equal rights 2014-05-31T04:00:00Z He's got a sportsman's twinkle in his eye when he announces that he's willing to kick in a billion dollars to get the ball rolling on the Lehman bailout. The Justice League of Wall Street 2011-05-23T19:24:00Z The Obama administration has appeared reluctant to throw its support behind anything that could be labeled as another bailout. Postmaster General calls for 'radical changes' 2011-09-06T22:50:00Z I’m going to be a bailout solution for them, and I’m going to call the company SaveLive.’” He Helped Create Lollapalooza. Now He Wants to Save Live Music. 2020-10-28T04:00:00Z Cyprus bailout: deeply flawed – but a best effort in desperate times 4. Azed slip No. 2,126 2013-03-25T10:24:00Z But the state is due to run out of money in December, when it has big debt repayments to meet, and by then needs the sixth instalment of its existing EU/IMF bailout package. Europe turns up heat on Greeks 2011-11-06T17:20:00Z About $7.5 million of the bailout will cover six months of benefits — pension, social security and health care — for all employees, including those furloughed. Congress gave $25 million to help the Kennedy Center weather the coronavirus. Now some politicians want it back. 2020-04-03T04:00:00Z Keynes’s tools proved to be too useful, especially when paying for a forever war or a bank bailout. John Maynard Keynes Died in 1946. An Outstanding New Biography Shows Him Relevant Still. 2020-05-20T04:00:00Z While the mainstream media were obsessing over the results of the Greek bailout referendum July 5, the news site Ozy.com was going in a different direction altogether. Digital news for the young: LGBT, weed and the latest from ‘Game of Thrones’ 2015-07-13T04:00:00Z Confronted by a second trillion-pound bank bailout in less than 10 years, it will be impossible for the City and wider banking system to resist reform. 20 predictions for the next 25 years 2011-01-02T00:05:22Z A decade ago, protesters enraged by corporate greed and the bailouts that followed the 2008 financial crisis coined a phrase — “We Are the 99 Percent!” — that quickly went viral. To Understand Inequality, Look to the 9.9 Percent 2021-11-18T05:00:00Z Mr. Lietaer suggested that Greece, currently in bailout talks, should create a complementary electronic currency that could be accepted for the payment of taxes and usable on a local basis. Do You Have Change for a Bowie? The Advent of Artisanal Cash 2015-08-09T04:00:00Z The opening titles are so-so, but the closing sequence is a stunning series of animations that deconstruct the details of Ponzi schemes, bank bailouts, bumper corporate bonuses and their impact on the global economy. Design: If There Were an Oscar for Film Titles 2011-02-21T03:00:04Z Even Greece’s lenders fear the program is “accident prone,” as they said in a report for euro zone finance ministers before they approved Tuesday’s bailout. Myths explain Greece 2012-06-25T15:15:00Z Then came the mortgage crisis, the Wall Street bailout and the forest of foreclosure signs across California, the skyrocketing unemployment and the anti-immigrant backlash among conservative politicians. Occupy Wall Street Protest Lacks an Anthem 2011-10-18T22:24:02Z Still, that doesn’t mean Carney passed on the chance to talk up the auto bailout. Eastwood ad sparks the discord it decries 2012-02-06T22:59:00Z Ford has been nudging up in share, with help from the fact that it stayed out of bankruptcy and didn't ask for a government bailout. Detroit's Long Road 2010-03-25T17:20:00Z It’s the principle that gave us taxpayer bailouts of big banks and the auto companies during the last recession. Column: AI investors say they'll go broke if they have to pay for copyrighted works. Don't believe it 2023-11-16T05:00:00Z Some of the schools also collected COVID-era bailout money from the Higher Education Emergency Relief Fund. Harvard, top private universities pocket $7 billion a year in taxpayer cash 2023-11-15T05:00:00Z They made sure they didn't need any bailouts. How modern air travel got so miserable — and how to make for smooth flying instead 2023-11-12T05:00:00Z The two sources, who have no information on the bailout talks, said some Country Garden bondholders do not expect a higher recovery rate on their investments even if such a deal were to eventuate. Exclusive: Country Garden aims to have offshore debt restructuring plan by year end 2023-11-10T05:00:00Z It also included a $700 million bailout to keep afloat two unprofitable nuclear plants in the states, validating for Rezin and other supporters that nuclear power must remain part of the picture. Illinois Senate approves plan to allow new nuclear reactors 2023-11-08T05:00:00Z But barring a serious lift by Kotek and Portland-area legislators, it is unlikely that Portland Public Schools will get a state bailout. Portland Public Schools strike: What you need to know 2023-11-01T04:00:00Z Key budget lawmakers were circumspect Tuesday about a bailout for Portland Public Schools and have noted that schools received a record $10.2 billion this biennium. Portland Public Schools strike poised to start, close schools Wednesday 2023-11-01T04:00:00Z Cash-strapped Pakistan, navigating record inflation and a tough International Monetary Fund bailout program, also said undocumented migrants have drained its resources for decades. Afghans return to Taliban rule as Pakistan moves to expel 1.7 million 2023-10-31T04:00:00Z The president has succeeded in negotiating a bailout agreement for the copper-rich country with the International Monetary Fund. Edgar Lungu: Ex-Zambia president makes political comeback 2023-10-29T04:00:00Z A collapse would be disastrous and a bailout would be ideologically untenable. How does China fix the Evergrande mess? 2023-10-26T04:00:00Z The country’s leaders reached a tentative agreement with the IMF in April 2022 for a bailout package but they have not implemented most of the reforms required to finalize the deal. Israel-Hamas war could threaten already fragile economies in Egypt, Lebanon and Jordan 2023-10-25T04:00:00Z Sri Lanka has struck deals with creditors China and India, as part of an effort to restructure its debt and pave the way for the approval of the IMF's $2.9bn bailout package. China's roads win hearts in South Asia - but at a cost 2023-10-14T04:00:00Z That’ll hit in the rural areas — in Pullman and in Corvallis, Ore. Both states have already invested billions in those universities, so it’s likely that taxpayers will simply be asked to do a bailout. How taxpayers will be on the hook for the UW’s football moves 2023-10-14T04:00:00Z Toll income across the U.S. took a hit during the pandemic, prompting talk of bailouts in Washington state. A $15 toll? How about $18? WSDOT may blow the lid off I-405 express-lane prices 2023-10-13T04:00:00Z A bailout would also not fit with the ideology of China's leadership. How does China fix the Evergrande mess? 2023-10-26T04:00:00Z It has been trying to reach similar deals with a number of creditors to unlock the next tranche of a bailout. Sri Lanka crisis: Colombo reaches debt deal with China 2023-10-13T04:00:00Z The IMF agreed in March of this year to a $2.9 billion bailout package after receiving assurances from China that cleared a last hurdle in sealing an agreement. Sri Lanka says it has reached an agreement with China’s EXIM Bank on debt, clearing IMF funding snag 2023-10-12T04:00:00Z After it received bailout loans from the IMF, Greece had to make significant changes to its economy. IMF: What is it and why does it matter? 2023-10-10T04:00:00Z To secure a $3bn bailout earlier this year, the government had to agree to fulfil a number of requirements. How Ghana's central bank lost $5bn in one year 2023-10-05T04:00:00Z Sri Lanka failed to reach an agreement with the IMF in its first review of the bailout package last month, due to a potential shortfall in government revenue. Sri Lanka resumes rate cuts to boost growth as inflation ebbs 2023-10-05T04:00:00Z Sri Lanka, however, failed to reach an agreement with the IMF in its first review of the bailout package last month, due to a potential shortfall in government revenue. Sri Lanka resumes rate cuts to boost growth as inflation cools 2023-10-05T04:00:00Z He was referring to a 2009 government bailout of U.S. automakers that included wage cuts. Biden backs 40% UAW pay raise in Michigan strike visit 2023-09-26T04:00:00Z TfL said the decision has been taken "reluctantly" to save money and meet the terms of its government bailout. London train costs to rise without day travelcard, charity warns 2023-09-26T04:00:00Z Under the terms of the IMF loan, if the government demands more bailouts, the bank will have no choice but to refuse. How Ghana's central bank lost $5bn in one year 2023-10-05T04:00:00Z That could delay the release of the second tranche of $330 million worth funds under the bailout. Sri Lanka resumes rate cuts to boost growth as inflation ebbs 2023-10-05T04:00:00Z That could delay the release of the second tranche of funds under the bailout. Sri Lanka resumes rate cuts to boost growth as inflation cools 2023-10-05T04:00:00Z Years of harsh austerity measures imposed by international bailouts had been wrenching, Mr. Skouros said, as new construction ground to a standstill. Greece, Battered a Decade Ago, Is Booming 2023-09-25T04:00:00Z After coming to power, Tsipras was forced to accept a third international bailout and more austerity. Ex-Goldman Sachs trader to lead Greece's leftist Syriza party 2023-09-24T04:00:00Z But once in power, the shine soon wore off when Tsipras was forced to accept a third international bailout and more austerity. Ex-Goldman Sachs trader eyes top job in Greece's leftist party 2023-09-24T04:00:00Z But the symbiosis between the state and its signature industry has been repeatedly challenged in recent decades by competition from abroad, factory closures and balance sheets so bad they required federal bailouts. Michigan and the Auto Industry Share a Past. What About the Future? 2023-09-20T04:00:00Z This pattern happened with GM in the years following the bailout: The giant hedge fund Appaloosa Management joined with other funds to buy up 2.1% of GM shares. Opinion: Who’s to blame for the United Auto Workers strike? Start with Wall Street 2023-09-20T04:00:00Z Lebanon started talks with the IMF in 2020 to try reach an approved bailout, but since reaching a preliminary agreement with the IMF last year, the country’s leaders have been reluctant to implement needed reforms. IMF warns Lebanon that the country is still facing enormous challenges years after a meltdown began 2023-09-15T04:00:00Z Following 15 years with no programmes, Argentina returned to the IMF in 2018 to request a record bailout. Analysis: IMF's Argentina predicament: Seek reforms and tango on or kill the music 2023-09-15T04:00:00Z All along, consumer advocacy groups decried what they saw as an opaque process to deregulate the insurance industry, dubbing the secret deal a “bailout” for insurers. With no insurance deal in Sacramento, when will California's homeowners get relief? 2023-09-14T04:00:00Z Pakistan was saved from default earlier this year after securing a further $3 billion bailout disbursement from the IMF. Subway launches first 3-inch sandwich to tackle inflation 2023-09-14T04:00:00Z Goldsmith Romero had suggested the registry several years ago while serving as the watchdog of a key 2009 financial crisis bailout program. US CFTC official pushes for national financial fraud database 2023-09-11T04:00:00Z During its financial crisis, Greece required international bailouts to stay afloat after a series of credit downgrades cost the country access to international bond markets. Greece hopes for investment boost after key credit rating upgrade 2023-09-08T04:00:00Z In turn, there is pushback from advocates who say legal pot is a failed experiment and doesn’t need a bailout from state capitals or Washington. Cannabis industry no longer riding high: Job losses, supply imbalances, dwindling profits hit sector 2023-09-06T04:00:00Z Sri Lanka has secured a $3 billion bailout package from the International Monetary Fund and is taking steps to restructure its domestic and foreign debts. Sri Lanka parliament debates the health minister’s fate over reports of lack of drugs, hospital care 2023-09-06T04:00:00Z The associate professor and political economist said the council had thrown itself "at the mercy of central government" despite the prime minister already ruling out a bailout. Urgent talks at 'bankrupt' Birmingham City Council 2023-09-06T04:00:00Z Now they’re demanding an unprecedented bailout from the California Legislature as the price of continuing to do business here in the wake of wildfire losses. Opinion: How home insurers are trying to bully California politicians into a disastrous bailout 2023-09-05T04:00:00Z As part of the conditions for the bailout package, Pakistan was required to reduce subsidies that had been in place to cushion the impact of rising living costs. Pakistani traders strike countrywide against high inflation and utility bills 2023-09-02T04:00:00Z Reforms linked to the bailout, including an easing of import restrictions and a demand that subsidies be removed, have already fuelled annual inflation, which rose to a record 38.0% in May. Pakistan inflation stays high at 27.4% as IMF reforms kick in 2023-09-01T04:00:00Z Consumer Watchdog, the nonprofit consumer advocacy group that led the Proposition 103 ballot campaign, called the potential changes a “multi-billion dollar bailout” of the insurance industry in a statement Monday. Farmers Insurance lays off 2,400 workers as insurers pull back from California 2023-08-28T04:00:00Z An IMF bailout was once seen as Lebanon’s only hope. Four years into crisis, Lebanon’s leaders hope tourism boom will help bypass reforms in IMF bailout 2023-08-22T04:00:00Z By waiting until the last days of legislative business to negotiate such a bailout, lawmakers are cynically attempting to bypass public scrutiny and debate while undermining the credibility of their institution. Opinion: How home insurers are trying to bully California politicians into a disastrous bailout 2023-09-05T04:00:00Z Their probe in part concerned transactions linked to the federal bailout known as the Troubled Asset Relief Program during the 2008 global financial crisis. US fines Nomura $35 mln over traders' lies about bond prices 2023-08-22T04:00:00Z And it should in principle be possible for the national government to resolve the crisis through some combination of bailouts of debtors and haircuts for creditors. How scary is China’s crisis? | Paul Krugman 2023-08-22T04:00:00Z Economic crisis was averted this July, when the IMF approved a $3 billion bailout. A country wracked by crises sees a sharp rise in religious intolerance 2023-08-18T04:00:00Z The banks, meanwhile, proposed a plan placing the majority of the financial burden on the government, calling for a sale of state assets — or in other words, a government bailout. Four years into crisis, Lebanon’s leaders hope tourism boom will help bypass reforms in IMF bailout 2023-08-22T04:00:00Z The speech, which called for a decoupling of the U.S. economy from China and railed against President Joe Biden's recent bank bailouts, was consistent with Heritage's institutional policies, the person added. Insight: Conservative think tank emerges as force behind DeSantis campaign 2023-08-18T04:00:00Z Many analysts are hopeful that Beijing, which has so far refrained from state-funded bailouts, will roll out drastic measures in the coming weeks to stem the downward spiral. Explainer: Country Garden: How bad is China's property crisis? 2023-08-17T04:00:00Z “Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government,” O’Brien said in a statement. Trucking giant Yellow’s collapse hits hundreds of WA employees 2023-08-16T04:00:00Z Economic stabilisation is the top challenge with the $350 billion economy on a narrow recovery path after an ongoing $3 billion International Monetary Fund bailout averted a sovereign debt default. Little-known Kakar sworn in as Pakistan's PM to oversee elections 2023-08-14T04:00:00Z Economic stabilisation is the top challenge with the $350 billion economy on a narrow recovery path after a bailout from the International Monetary Fund averted a sovereign debt default. Explainer: What lies ahead for Pakistan as it heads to polls 2023-08-12T04:00:00Z The depreciation accelerated after Egypt’s government announced it had reached a $3 billion bailout agreement with the International Monetary Fund in October. Egypt’s inflation reaches record high of 38.2% in July, government data shows 2023-08-10T04:00:00Z It also underscores the risks associated with government bailouts that are awarded during moments of economic panic. Trucking Firm That Got $700 Million U.S. Bailout Declares Bankruptcy 2023-08-07T04:00:00Z The country’s currency slide accelerated after Egypt’s government announced it had reached a $3 billion bailout agreement with the International Monetary Fund in October. Egypt raises interest rates as it battles spiraling inflation and households struggle to keep up 2023-08-04T04:00:00Z Last month, the International Monetary Fund's board approved a $3 billion bailout for Pakistan to help it tackle an acute balance of payments crisis and dire shortage of central bank reserves. Pakistan PM proposes parliament dissolution on Aug. 9 - sources 2023-08-04T04:00:00Z The EBA on Thursday published findings from its first report looking at how regulators across the 27-country EU apply 'resolution' rules introduced after the global financial crisis to avoid taxpayer bailouts of banks. EU banks face liquidity checks next year after 2023 crises 2023-08-03T04:00:00Z In the federal agreement, FirstEnergy acknowledged having bankrolled former Ohio House Speaker Larry Householder’s political ascendance in exchange for nuclear plant bailout legislation worth more than $1 billion to the company. Ohio utility that paid federal penalty says it’s now being investigated by a state commission 2023-08-02T04:00:00Z Pakistan, whose ailing economy is getting a $3 billion International Monetary Fund bailout, was hit hard when food prices surged after Russia’s invasion. Mideast countries that are already struggling fear price hikes after Russia exits grain deal 2023-08-01T04:00:00Z In addition, Mr. DeSantis derided government bailouts, citing the financial crisis in 2008 and the stimulus signed by Mr. Trump in response to the coronavirus pandemic. Trailing Trump, DeSantis Unveils Economic Plan Slamming ‘Failed Elites’ 2023-07-31T04:00:00Z Republican presidential candidate Ron DeSantis took an aggressive swipe at China, railed against what he described as corporate bailouts, and said he would rein in the Federal Reserve in an economic policy speech on Monday. Ron DeSantis, in campaign speech, lashes out at China, corporate power 2023-07-31T04:00:00Z The IMF said in its country report following the bailout that the bank must continue with its monetary tightening cycle to tame inflation. Pakistan key rate held steady, inflation will decline in coming months - cenbank chief 2023-07-31T04:00:00Z The reforms Mansouri mentioned are among those the International Monetary Fund set as conditions on Lebanon in April 2022 for a bailout plan, though he did not mention the IMF. Lebanon’s central bank governor ends 30-year tenure under investigation during dire economic crisis 2023-07-31T04:00:00Z The ECB took over supervision of the biggest banks after the eurozone debt crisis more than a decade ago, when bank losses led to heavy bailout costs for governments. Europe’s banks could survive a drastic economic downturn, stress test shows 2023-07-28T04:00:00Z The latest development comes two weeks after the International Monetary Fund deposited a much-awaited first installment of $1.2 billion in Pakistan’s central bank under a bailout to help Pakistan avoid default. Pakistan’s finance minister says China rolls over $2.4 billion loan for Islamabad for 2 years 2023-07-27T04:00:00Z Economists' proposals range from debt-for-equity swaps, to a soft "extend-and-pretend" restructuring by refinancing loans at lower rates and with longer maturities, to Beijing bailouts. Factbox: Key takeaways from China's politburo meeting on the economy 2023-07-26T04:00:00Z The prime minister has ruled out a bailout for Birmingham City Council as it struggles to get to grips with a huge bill for equal pay claims. PM Rishi Sunak rules out Birmingham bailout 2023-07-24T04:00:00Z India was also the first creditor to extend a letter of support towards Sri Lanka’s debt restructuring efforts that helped kickstart support from the IMF, which approved a $3 billion bailout package in March. Crisis-hit Sri Lanka may allow Indian rupee to be used in local transactions 2023-07-22T04:00:00Z It was also the first creditor to extend a letter of support towards Sri Lanka’s debt restructuring efforts that helped kickstart support from the IMF, which approved a $3 billion bailout package in March. Sri Lankan president’s visit to India signals growing economic and energy ties 2023-07-21T04:00:00Z The IMF loans had been on hold since December mainly because of non-compliance with the terms of the previous $6 billion bailout by Pakistan. Pakistan’s finance minister says China rolls over $2.4 billion loan for Islamabad for 2 years 2023-07-27T04:00:00Z The government has been slowly selling its stake in the company, with public ownership falling below 50% for the first time since the bailout last year. Alison Rose: The bank boss caught up in the Nigel Farage row 2023-07-20T04:00:00Z The legislation is part of the prerequisites of an International Monterey Fund bailout package approved in March, under which nearly $3 billion in government budgetary support will be disbursed in stages to the bankrupt nation. Sri Lanka’s Parliament approves new anti-corruption law as part of an IMF economic bailout plan 2023-07-19T04:00:00Z International reserves are at record lows, and the nation is struggling to stay current on a $44 billion IMF programme, a loan secured last year to refinance a failed 2018 bailout. Analysis: Pakistan and Argentina bonds' surge belies bigger reform hurdles 2023-07-17T04:00:00Z In recent months, China gave $5 billion in loans to Pakistan to help it unlock a bailout from the International Monetary Fund to tackle a serious economic crisis. Pakistan’s Prime Minister Sharif launches $3.5 billion Chinese-designed nuclear energy project 2023-07-14T04:00:00Z In recent months, China gave $5 billion in loans to Pakistan to help the country unlock a bailout from the International Monetary Fund to tackle a serious economic crisis. Pakistan’s PM Shehbaz Sharif launches $3.5 billion Chinese-designed nuclear energy project 2023-07-14T04:00:00Z On Wednesday, Pakistan's central bank received $1.2 billion from the International Monetary Fund as the first tranche of a $3 billion bailout to stabilise the economy. IMF loan helps Pakistan unlock another $5.6 bln in funding- Bloomberg News 2023-07-14T04:00:00Z She said the $3 billion bailout, if “implemented faithfully” by Pakistan, will give it an opportunity to regain macroeconomic stability and address imbalances through consistent policy implementation. IMF deposits much-awaited $1.2B with Pakistan’s central bank under bailout, finance minister says 2023-07-13T04:00:00Z The oil-rich Middle Eastern nation pledged the money in April, but held off handing it over until it was certain that the IMF bailout would be finalised. Pakistan gets final approval for $3bn IMF bailout 2023-07-12T04:00:00Z The five-member commission will vote on a 2021 proposal to boost the resiliency of money market funds, which required a taxpayer bailout at the start of the coronavirus pandemic. US SEC removes 'swing pricing' from money market fund overhaul plan -Bloomberg News 2023-07-12T04:00:00Z The IMF approved a $3-billion bailout Wednesday, after keeping it on hold since December. Pakistan’s PM Shehbaz Sharif launches $3.5 billion Chinese-designed nuclear energy project 2023-07-14T04:00:00Z Pakistan also hopes the board will approve the release of a crucial $1.1 billion from the bailout. Saudi Arabia deposits $2 billion in Pakistan’s central bank as a boost ahead of a key IMF meeting 2023-07-11T04:00:00Z The IMF bailout for Pakistan had been on hold since December because of the country’s lack of compliance with a 2019 agreement signed between the IMF and former Prime Minister Imran Khan. IMF deposits much-awaited $1.2B with Pakistan’s central bank under bailout, finance minister says 2023-07-13T04:00:00Z The heavily-indebted country's bonds have soared since the end of June, when the IMF gave preliminary approval for the bailout. Pakistan gets final approval for $3bn IMF bailout 2023-07-12T04:00:00Z In return, the government received multi-billion-dollar bailout loans from the International Monetary Fund. Egypt’s inflation rate sets record high at 36.8% in June, official data show 2023-07-10T04:00:00Z After eight months of negotiations, both the sides signed a staff-level agreement on Friday for the bailout, to avert a imminent default on sovereign debt. Pakistan PM hopes for bailout approval from IMF board on July 12 2023-07-05T04:00:00Z The bailout deal was originally signed between the IMF and Pakistan’s former Prime Minister Imran Khan in 2019 and was to expire on June 30 when the new, breakthrough agreement was announced. Saudi Arabia deposits $2 billion in Pakistan’s central bank as a boost ahead of a key IMF meeting 2023-07-11T04:00:00Z A $2.9 billion bailout from the IMF in March helped tame inflation in the country as dollar inflows improved. Sri Lanka President to decide on time frame to reactivate rail project with Japan 2023-07-05T04:00:00Z Mr Sharif's coalition government, which is due to face a national election this year, still has to make major spending cuts to meet the conditions of the bailout. Pakistan gets final approval for $3bn IMF bailout 2023-07-12T04:00:00Z “The industry got bailouts while we got cuts.” Los Angeles Hotel Workers Go on Strike 2023-07-02T04:00:00Z Uniper's shareholders are scheduled to vote on the bailout, Germany's biggest ever, at an extraordinary shareholder meeting on Dec. 19. EU Commission demands Uniper dispose of Dutch business, Handelsblatt reports 2023-06-30T04:00:00Z The island's economy improved it secured the$2.9 billion bailout from the IMF in March, which helped tame inflation, improve dollar inflows and appreciate its currency. Sri Lanka parliament approves domestic debt restructuring plan 2023-07-01T04:00:00Z The bailout is due for its first review in September. Sri Lanka’s Parliament approves a debt restructuring plan in an attempt to overcome economic crisis 2023-07-01T04:00:00Z The proposed restructuring plan is part of the prerequisites of a bailout package approved by the International Monterey Fund — which has described Sri Lanka’s debt as unsustainable — to help alleviate the country’s humanitarian crisis. Sri Lanka’s parliament to vote on debt restructuring plan amid economic crisis 2023-07-01T04:00:00Z Black nonetheless rebuked Borges for his role in preventing Ohioans the chance to repeal a tainted nuclear plant bailout bill. Ex-Ohio GOP chair, lobbyist Matt Borges shows remorse, gets 5 years for role in $60M bribery scheme 2023-06-30T04:00:00Z The European Commission declined to comment the ongoing review of the Uniper bailout under merger control rules. EU Commission demands Uniper dispose of Dutch business, Handelsblatt reports 2023-06-30T04:00:00Z Specifically, Borges was found to have offered a bribe in exchange for inside information on a referendum campaign aimed at repealing the bailout law. Ex-Ohio GOP chair, lobbyist Matt Borges gets 5 years for role in $60M bribery scheme; vows appeal 2023-06-30T04:00:00Z Some compared the loan bailout to the kind of corporate bailouts the government pursued in the 2008 Wall Street collapse and again during the pandemic. Supreme Court shoots down Biden’s student loan forgiveness 2023-06-30T04:00:00Z Sri Lanka sought the support of the IMF, which approved a bailout package in March, under which nearly $3 billion in government budgetary support will be disbursed in stages. Sri Lanka’s parliament to vote on debt restructuring plan amid economic crisis 2023-07-01T04:00:00Z In return, Mr. Householder rammed a law through the state legislature that gave the company the bailout for two troubled nuclear power plants. Former Ohio House Speaker Awaits Sentence on $60 Million Bribery Scheme 2023-06-29T04:00:00Z Sri Lanka’s Cabinet a day earlier approved a plan to restructure nearly half of its $42.1 billion local debt following a bailout agreement with the International Monetary Fund. Sri Lanka spares banks in its $ 19.8 billion local debt restructuring plan 2023-06-29T04:00:00Z Pledging to put its mammoth debt burden on a sustainable track, Sri Lanka locked down a $2.9 billion bailout from the IMF in March. Sri Lanka asks dollar debt holders for 30% haircut 2023-06-29T04:00:00Z The IMF's bailout in March, which was nearly a year in the making, was viewed as a massive lifeline for Sri Lanka. Sri Lanka: Five-day bank holiday for domestic debt restructuring 2023-06-29T04:00:00Z The domestic debt restructuring is required as part of a bailout package obtained from the International Monterey Fund, under which nearly $3 billion in government budgetary support will be disbursed in stages. Sri Lanka’s Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis 2023-06-28T04:00:00Z He spent more millions on a media campaign to push the nuclear bailout law to passage, and then tens of millions on a scorched-earth crusade to undermine a ballot initiative that threatened to undo it. Former Ohio House Speaker Awaits Sentence on $60 Million Bribery Scheme 2023-06-29T04:00:00Z Sri Lanka sought the support of the IMF, which approved a bailout package in March, through which $3 billion will be disbursed in stages. Sri Lanka spares banks in its $ 19.8 billion local debt restructuring plan 2023-06-29T04:00:00Z Talks between Pakistan and the IMF stalled in December, after the global lender delayed the release of a crucial tranche of $1.1 billion from the bailout. IMF officials and Pakistan’s prime minister hint at deal on $6 billion bailout 2023-06-27T04:00:00Z However, the bailout came with conditions, such as requiring the country to make "swift progress" on restructuring its debts. Sri Lanka: Five-day bank holiday for domestic debt restructuring 2023-06-29T04:00:00Z Sri Lanka sought the support of the IMF, which approved a bailout package in March. Sri Lanka’s Cabinet approves a domestic debt restructuring plan in effort to solve economic crisis 2023-06-28T04:00:00Z And when they began collecting signatures for a ballot initiative to overturn the bailout, FirstEnergy devoted another $38 million to quash that effort. Former Ohio House Speaker Awaits Sentence on $60 Million Bribery Scheme 2023-06-29T04:00:00Z Analysts said Monday's decision was in line with the demands of the International Monetary Fund to secure a stalled tranche of $1.1 billion from the current bailout package, which expires on June 30. Pakistan central bank raises main interest rate by 100 bps to 22% 2023-06-26T04:00:00Z The deal envisioned a deadline and if the IMF by Friday decides that Pakistan has not met the terms of the agreement, the fund could cancel the whole bailout package. IMF officials and Pakistan’s prime minister hint at deal on $6 billion bailout 2023-06-27T04:00:00Z In March, the IMF said Sri Lanka had secured financing assurances from all its major creditors, including China and India, which paved the way for the bailout. Sri Lanka: Five-day bank holiday for domestic debt restructuring 2023-06-29T04:00:00Z Pledging to put its mammoth debt burden on a sustainable track Sri Lanka locked down a $2.9 billion bailout from the IMF in March. Factbox: Sri Lanka's domestic debt rework targets IMF goals, economic recovery 2023-06-26T04:00:00Z Tsipras first came to power pledging an end to painful spending cuts imposed by international bailout creditors but abruptly switched course to sign up for a new round of rescue loans accompanied by further austerity. Pro-reform Mitsotakis wins second term in Greek election that sees surge by small far-right parties 2023-06-26T04:00:00Z Mr Mitsotakis is widely seen as having successfully returned the Greek economy to stability and growth after a severe debt crisis and three international bailouts. Greek conservatives eye Mitsotakis majority in fresh election 2023-06-24T04:00:00Z Porter’s remarks were the strongest signal since December that Pakistan could get the desperately needed $1.1 billion tranche before the bailout expires. IMF officials and Pakistan’s prime minister hint at deal on $6 billion bailout 2023-06-27T04:00:00Z Humiliating bailouts connected to seemingly endless austerity measures slashed household incomes by a third and sent unemployment skyrocketing as hundreds of thousands of businesses collapsed. Greek Youths, Shaped by Debt Crisis, Plan to Vote for Stability 2023-06-24T04:00:00Z While the IMF is set to release $188m from its bailout package to support government spending, attention now turns to Zambia's private lenders. Zambian President Hichilema's $6bn debt deal hailed as 'historic' 2023-06-23T04:00:00Z Esther Perez Ruiz, IMF’s representative for Pakistan, said in a statement that the draft budget failed to implement a fairer tax system as promised in the bailout agreement. Pakistan’s premier meets with the head of IMF in Paris, hoping to unlock $6B deal to avoid default 2023-06-22T04:00:00Z The Silicon Valley Bank bailout has tech elites feeling attacked. Column: RFK Jr. is a reactionary crackpot -- and that's why the tech elite love him 2023-06-22T04:00:00Z Pakistan and the IMF have been at odds over what the fund says is Islamabad’s unsatisfactory compliance with the bailout conditions. IMF officials and Pakistan’s prime minister hint at deal on $6 billion bailout 2023-06-27T04:00:00Z Paying for students who “skip out on their loans,” she said, should not be rewarded with a federal bailout. House falls short in bid to block Biden’s student loan forgiveness program 2023-06-21T04:00:00Z Many systems are asking their local governments for bailouts as federal pandemic relief runs dry, but they are also racing to reinvent themselves. With Commuters Staying Home, Transit Agencies Try to Reinvent Themselves 2023-06-19T04:00:00Z The criticism by Ruiz raised concern the bailout might fall through. Pakistan’s premier meets with the head of IMF in Paris, hoping to unlock $6B deal to avoid default 2023-06-22T04:00:00Z The cycle of loans and bailouts, though, has deeper roots. Why It Seems Everything We Knew About the Global Economy Is No Longer True 2023-06-18T04:00:00Z Hours after Sharif spoke to the IMF head to revive the bailout, the global lender’s mission chief to Islamabad, Nathan Porter, in a much-awaited statement hinted that the sides were close to reaching an agreement. IMF officials and Pakistan’s prime minister hint at deal on $6 billion bailout 2023-06-27T04:00:00Z Donors are waging a last-ditch effort to persuade President Kais Saied to agree terms with the International Monetary Fund for a bailout, but it is far from clear if any agreement can be reached. Tunisia tourist revival a rare bright spot for crisis-hit economy 2023-06-16T04:00:00Z The country started to see signs of an economic recovery after it secured a $2.9 billion bailout from the IMF in March, and on improved dollar inflows and somewhat reduced inflation. Sri Lanka's economy shrinks 11.5% in first quarter as financial crisis continues 2023-06-15T04:00:00Z Greek bonds lost the rating - which implies a very low risk of default - in 2010, a year after Greece’s debt crisis broke out, forcing it to sign up to three bailout programmes up to 2018. PM-in-waiting, Greek conservative leader wants to realise investment grade goal 2023-06-15T04:00:00Z And the mandated austerity that accompanied bailouts from the International Monetary Fund, which compelled overextended governments to slash spending, often brought widespread misery by cutting public assistance, pensions, education and health care. Why It Seems Everything We Knew About the Global Economy Is No Longer True 2023-06-18T04:00:00Z Clinching a bailout deal with the IMF - Azour’s current employer - is seen as key to Lebanon’s recovery. Lebanese lawmakers fail in yet another attempt to elect president, end power vacuum 2023-06-14T04:00:00Z Conservatives deride the Milwaukee bill as a bailout for the state’s largest and most Democratic city and say local sales tax increases should need voter approval. Milwaukee bankruptcy avoidance plan up for approval in Wisconsin Legislature 2023-06-13T04:00:00Z Egypt agreed to several such conditions last year in exchange for a $3 billion bailout from the International Monetary Fund. Facing Crisis, Egypt’s Leader Tries New Tack: Talking to Opponents 2023-06-13T04:00:00Z Meanwhile, talks with the International Monetary Fund for the revival of the $6 billion bailout package have been on hold since December. Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia 2023-06-12T04:00:00Z Tunisia’s increasingly autocratic president hosted the leaders of Italy, the Netherlands and the European Commission for talks aimed at smoothing the way for an international financial bailout of the increasingly troubled country. European leaders offer more aid to Tunisia amid efforts to curb migration 2023-06-11T04:00:00Z The country faces a series of economy crises, exacerbated by a stall in bailout funding from the IMF, which analysts said was unlikely to be significantly impressed by the budget. Pakistan's target of 3.5% GDP in 2023-24 fiscal year "realistic" - finance minister 2023-06-10T04:00:00Z Meanwhile, talks with the International Monetary Fund for the revival of the $6 billion bailout package have been on the hold since December. Cash-strapped Pakistani government proposes budget, complete with funds to fight climate change 2023-06-09T04:00:00Z The release of pending bailout funds under the 9th IMF review are crucial for Pakistan to resolve an acute balance of payments crisis. Pakistan's Prime Minister hopeful for deal with IMF this month 2023-06-05T04:00:00Z It reached an agreement in March with the IMF for a nearly $3 billion bailout program over four years and started negotiations with its creditors on debt restructuring. Sri Lanka reduces interest rates for 1st time since bankruptcy as economy shows signs of rebounding 2023-05-31T04:00:00Z Sri Lanka secured a $2.9 billion bailout from the IMF in March and aims to complete restructuring debt talks by September, coinciding with the first review by the lender. Sri Lanka cuts rates by 250 bps, signals rebound from crisis 2023-06-01T04:00:00Z On Monday, Lukashenko said that Belarus’ economy was hit hard by the ensuing Western sanctions, but Russian bailouts and policies adopted by Russia’s central bank have softened the blow. Belarus has no immediate plans to adopt Russian currency, its strongman leader Lukashenko says 2023-05-29T04:00:00Z Talks between the government of Khan’s successor, Prime Minister Shahbaz Sharif, and the International Monetary Fund for the revival of the $6 billion bailout package have been on the hold since December. Pakistan to try 33 supporters of former Premier Imran Khan in military courts over recent violence 2023-05-26T04:00:00Z Pakistan witnessed one of the worst week’s of inflation - 50% - this month after Sharif’s government slashed subsidies and raised taxes to comply with the bailout terms to secure the release of the tranche. Pakistan’s ex-premier Imran Khan softens demand for snap vote amid crackdown on party 2023-05-24T04:00:00Z Coincidentally, President Biden’s bailouts also seem to disproportionately help his voters and donors. Biden’s bank bailouts costing customers 2023-05-24T04:00:00Z Pakistan witnessed one of the worst week’s of inflation — 50% — this month after Sharif’s government slashed subsidies and raised taxes to comply with the bailout terms to secure the release of the tranche. Pakistan’s ex-premier Imran Khan softens demand for snap vote amid crackdown on party 2023-05-24T04:00:00Z It was the second judicial win in a month for the low-cost Irish carrier after the court annulled decisions by the commission approving massive bailouts designed to help Lufthansa and SAS. Court annuls EU approval of $140 million of COVID-19 aid for Italian airlines 2023-05-24T04:00:00Z As part of a series of bailouts, the Labour government at the time took a majority stake in the bank as it pumped in 46 billion pounds in order to keep it afloat. British government reduces stake in bailed-out bank NatWest to below 40% 2023-05-22T04:00:00Z Sunday’s election was Greece’s first since its economy ceased being under strict supervision by international lenders who had provided bailout funds during the country’s nearly decadelong financial crisis. Conservative party of Greek prime minister in big election lead, to seek outright majority 2023-05-20T04:00:00Z It was a stunning defeat for Syriza, whose style of a radical, anti-establishment movement opposed to all, had resonated with angry voters more than a decade ago when Greece was forced into bailouts. Greek vote shows public mellowing from crisis-era anger 2023-05-22T04:00:00Z Sunday’s election was Greece’s first since its economy ceased being under strict supervision by international lenders who had provided bailout funds during the country’s nearly decade-long financial crisis. Conservative party of Greek prime minister in big election lead, to seek outright majority 2023-05-21T04:00:00Z Instead, he oversaw a painful new bailout deal. Focus on coalition horse-trading as Greek election looks unlikely to deliver a strong winner 2023-05-20T04:00:00Z Without a bailout, several countries have only months left of foreign cash to pay for food, fuel and other essential imports. China’s loans pushing world’s poorest countries to brink of collapse 2023-05-18T04:00:00Z The government had defaulted in the payment of its loans, and it had to restructure its debt with creditors to qualify for the IMF bailout. Ghana IMF loan: Will $3bn solve the economic crisis? 2023-05-18T04:00:00Z The anger over CEO pay echoes that of roughly 15 years ago, when the 2008 financial crisis led to taxpayer-funded bailouts of major banks. CEO pay again in focus as the heads of failed banks appear before Senate panel 2023-05-16T04:00:00Z Sunday’s election is Greece’s first since its economy ceased being under strict supervision by international lenders who had provided bailout funds during the country’s nearly decade-long financial crisis. Conservative party of Greek prime minister in big election lead, to seek outright majority 2023-05-21T04:00:00Z His second term, from 2015-2019, saw rapprochement with bailout lenders and a historic agreement to normalize ties with neighboring North Macedonia. Focus on coalition horse-trading as Greek election looks unlikely to deliver a strong winner 2023-05-20T04:00:00Z Since its bailout programme ended in 2018, Greece has regained market access, wrestled down its record debt and growth is set to outpace the euro zone's average. Past austerity haunts Greek election as voters struggle with living costs 2023-05-15T04:00:00Z It is in this context that many Ghanaians have been feverishly waiting for this IMF bailout programme. Ghana IMF loan: Will $3bn solve the economic crisis? 2023-05-18T04:00:00Z Both Sefe - short for Securing Energy for Europe - and Uniper had to agree to salary limits for their management boards as part of the bailouts but the bonus caps do not apply to all staff. Exclusive: Nationalised German energy firms pay traders big bonuses after losing billions 2023-05-15T04:00:00Z On Thursday, the Fund reiterated that obtaining commitments on external financing from friendly countries would be essential before the IMF approves the release of bailout funds. Pakistan's external financing requirements for IMF deal unchanged - IMF 2023-05-14T04:00:00Z Tsipras’ government often clashed with Greece’s bailout creditors, who set strict fiscal policies in return for emergency funds. The AP Interview: Mitsotakis hopes for better relations with Turkey if reelected as Greek premier 2023-05-12T04:00:00Z Obtaining commitments of "significant additional financing" is essential before the IMF approves the release of pending bailout funds that are crucial for Pakistan to resolve an acute balance of payments crisis. Pakistan needs significantly more financing for successful bailout review -IMF 2023-05-11T04:00:00Z This new bailout programme is for a maximum period of three years and after that, many are asking whether things will get bad again. Ghana IMF loan: Will $3bn solve the economic crisis? 2023-05-18T04:00:00Z Talks with the IMF over a much-needed bailout have stalled, and elections, due this year, are also caught in the political stalemate. Imran Khan: Why was the former Pakistan PM arrested? 2023-05-10T04:00:00Z The package is considered a lifeline for impoverished Pakistan, which is currently facing one of its worst economic crises amid stalled talks on a bailout with the International Monetary Fund. Reluctant critic China urges Afghan changes on women’s roles 2023-05-10T04:00:00Z Central government bailouts are a possibility to rescue cities from their deep budget problems, but China hasn’t turned to a source of revenue that would be an obvious option in other countries: property taxes. The Elusive Fix for China’s Budget Crisis 2023-05-10T04:00:00Z The proposed scheme was seen as one of the reasons for the delay in implementing the IMF bailout. Pakistan needs significantly more financing for successful bailout review -IMF 2023-05-11T04:00:00Z An IMF bailout programme, which expires in June, has been stalled since November. Factbox: Imran Khan's arrest adds to Pakistan's economic, political challenges 2023-05-09T04:00:00Z The package is considered a lifeline for this impoverished Islamic nation, which is currently facing one of its worst economic crises amid stalled talks on a bailout with the International Monetary Fund. Pakistan, Afghan Taliban agree to boost trade, lower tension 2023-05-07T04:00:00Z The package is a lifeline for Pakistan’s cash-strapped government, currently facing one of the worst economic crises amid stalled talks on a bailout with the International Monetary Fund. After attacks on Chinese, Pakistan pledges more security 2023-05-05T04:00:00Z Gallup attributed the findings to “turbulence in the U.S. banking system” not seen since the 2008 financial crisis when the Bush administration initiated bailouts of several failed banks. Gallup: Half of adults anxious about money after bank collapses 2023-05-04T04:00:00Z The government refused his request for a reported £500m bailout, however. Sir Richard Branson thought 'we were going to lose everything' in pandemic 2023-05-03T04:00:00Z The South Asian nation of 220 million people is running out of dollars, inflation is running at over 36% and an expected IMF bailout has been delayed by months. Factbox: Imran Khan's arrest adds to Pakistan's economic, political challenges 2023-05-09T04:00:00Z In the 2008 financial crisis, for instance, Congress at first voted down the Treasury's proposed bailout fund for banks, but the ensuing record collapse in stock prices and rise in bond yields changed minds quickly. How a US debt crisis standoff could cause a recession - a bad one 2023-05-03T04:00:00Z The bailout money technically comes from fees banks pay into an insurance fund at the FDIC. Opinion | The bank crisis is not over 2023-05-01T04:00:00Z But the terms of a 254-billion rand debt bailout announced by the government in February prohibit the company from investing in new generation capacity. How developing countries are being failed by the West’s green ambitions 2023-04-30T04:00:00Z Given his personal wealth and home on a Caribbean island, he was criticised for asking for a bailout when airline Virgin Atlantic hit trouble. Sir Richard Branson thought 'we were going to lose everything' in pandemic 2023-05-03T04:00:00Z Debt restructuring can take various forms, including bailouts, renegotiating terms of loans and writing off or reducing the amount owed for some loans. Sri Lankan Parliament votes to support IMF recovery program 2023-04-28T04:00:00Z To be sure, this may seem an overreach of executive power to congressional power of the purse, and concerns of a bailout for the wealthy are frequently brought up. The inequity of student debt affects the economy | Op-Ed 2023-04-27T04:00:00Z Sharif’s government in recent weeks slashed subsidies and raised taxes to comply with the bailout terms and secure the release of a $1.2 billion tranche that’s part of the deal stalled since December. Pakistani lawmakers back PM in confidence vote in Parliament 2023-04-27T04:00:00Z A majority of lawmakers are expected to accept the IMF’s four-year bailout program. Sri Lanka seeks $17 billion debt reduction by restructuring 2023-04-26T04:00:00Z While the public clamored for a crackdown on CEO pay immediately after the bank bailouts, the pressure on federal authorities soon swung in the opposite direction. How Washington allowed bank CEOs to pocket huge bonuses amid failures 2023-04-23T04:00:00Z Saied this month rejected the terms of a $1.9 billion IMF bailout, without which Tunisia may default on its foreign debt. Italy touts money for reforms as EU discusses upheaval in Tunisia 2023-04-24T04:00:00Z The 2008 crisis prompted global efforts to stop taxpayers funding bailouts of troubled banks. Market crisis scorecard: Lessons learned from a manic March 2023-04-24T04:00:00Z In recent years the company has relied on government bailouts for survival. South African labour unions reject Eskom pay offer 2023-04-21T04:00:00Z Debt restructuring can take various forms including bailouts, renegotiating terms of loans and writing off or reducing the amount owed for some loans. Sri Lanka seeks $17 billion debt reduction by restructuring 2023-04-26T04:00:00Z The 2008 banking bailout protected many of the executives whose manifest imprudence created the housing crash that precipitated the financial crisis. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z Two important regional U.S. banks failed and needed bailouts, and worries about a possible recession have spread. The Fabulous Yields, and Lurking Risks, of Money Market Funds 2023-04-21T04:00:00Z Representative John Curtis, Republican of Utah, sold shares in First Republic from a joint account with his spouse on March 16, the day the industry bailout occurred. As Fears of Banking Crisis Surged, Members of Congress Sold Bank Shares 2023-04-19T04:00:00Z Cyprus has significantly reduced its exposure to Russia since a financial crisis in 2013 forced the island to seek an international bailout and triggered an extensive shake-up of its banking sector. Cyprus says will not tolerate sanctions-busting amid scrutiny 2023-04-19T04:00:00Z With less than a month's worth of foreign exchange reserves, Pakistan awaits a bailout tranche of $1.1 billion from the IMF delayed since November over policy changes sought by the lender. Inflation crimps Eid festivities for Karachi orphans 2023-04-19T04:00:00Z So it should not have been a surprise that the bailout left the perpetrators of the 2008 crash almost entirely unscathed. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z Instead, the prices of necessities have continued to soar as the government has struggled to secure a bailout from the International Monetary Fund. In Pakistan, Economic Crisis Mutes Ramadan Celebrations 2023-04-17T04:00:00Z On April 6, Mr. Saied, rejecting conditions outlined by the International Monetary Fund, deepened his nation’s anguish by rejecting a $1.9 billion bailout. Opinion | Europe flounders in the face of surging migration 2023-04-16T04:00:00Z The U.S. typically accepts the need for banks and government lenders to write off some of their loans, clearing the way for an IMF bailout in return for the debtor country’s agreement to implement reforms. U.S.-China split shadows hopes for lifting debt load from global economy 2023-04-13T04:00:00Z Pakistan's government reiterated on Thursday it has completed all requirements to receive the critical bailout money from the fund following a meeting with Sayeh. Pakistan hopes to seal key IMF bailout agreement soon 2023-04-13T04:00:00Z We shouldn’t overlook the negative effects of traditional bailouts as they’ve been implemented in recent financial history. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z Without access to public subsidy, there would be no need for highly intrusive and complex bank regulation, no incentive for the continuing existence of “too big to fail” conglomerates and no expectation of government bailouts. Opinion | How to make banks safer for depositors and boost free markets, too 2023-04-12T04:00:00Z Sri Lanka secured an IMF bailout last month but is still ironing out how to restructure debt owed to bilateral creditors and bondholders. Fortune teller sees bleak future as Sri Lankans celebrate new year 2023-04-11T04:00:00Z This week, Yellen cited encouraging signs in China’s decision last month to support a debt restructuring for Sri Lanka, paving the way for a $3 billion IMF bailout. U.S.-China split shadows hopes for lifting debt load from global economy 2023-04-13T04:00:00Z Pakistan is in the final phase of talks with the International Monetary Fund to secure a crucial instalment of $1.1 billion loan from a $6 billion bailout package. Pakistanis living abroad sent $2.5 billion home in March 2023-04-10T04:00:00Z Ritholtz reduced them to several concise categories in his book, which came out just after the banking bailout. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z The minister played down reports of the canceled trip being linked to a holdup in Pakistan's IMF bailout programme. Pakistan finance minister says he canceled Washington trip on prime minister's orders 2023-04-08T04:00:00Z Pakistan is in danger of defaulting on its debt, with an International Monetary Fund bailout programme stalled since November, while a bruising political battle is raging between the government and former Prime Minister Imran Khan. Pakistan to launch new military operation against Islamist militants -statement 2023-04-07T04:00:00Z The fund could bulldoze China by proceeding with bailouts without waiting for Beijing’s agreement on debt write-downs, a process known as “lending in arrears.” U.S.-China split shadows hopes for lifting debt load from global economy 2023-04-13T04:00:00Z In recent weeks, he’s been ahead of his competitors on lambasting the Silicon Valley Bank bailout and the legal proceedings against Trump. He wrote the book on crushing ‘wokeism.’ Now he’s running for president. 2023-04-03T04:00:00Z As Ritholtz pointed out, bailouts are often crafted in response to an immediate crisis, with the consequences left to work themselves out over time. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z The IMF signing a $3 billion bailout package last month could help the South Asian island country secure additional support of nearly $4 billion from the World Bank, Asian Development Bank and other lenders. Factbox: The developing countries facing a debt crisis 2023-04-05T04:00:00Z The bleaker forecast assumes an agreement is reached with the International Monetary Fund for bailout funds, it said. World Bank cuts Pakistan's GDP f'cast on rising rates, limited fiscal space 2023-04-04T04:00:00Z In early March, the bank raised its key rate by 300 basis points to 20%, exceeding market expectations, likely to meet a key requirement of the IMF for release of the pending bailout funds. Pakistan central bank raises key rate 100bps to record 21% 2023-04-04T04:00:00Z Crosstown competitor UBS has been known for a more conservative culture after surviving the 2008 financial crisis, thanks in part to a government bailout. Credit Suisse shareholders get last crack at annual meeting 2023-04-04T04:00:00Z To begin with, is it a “bailout”? The answer is plainly yes. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z Policymakers in the country had introduced a comprehensive bailout package at the end of last year to propel sales and enable project completions, which helped improve the sentiment. China new home sales rise sharply in March - survey 2023-04-03T04:00:00Z Progress towards finalizing a $3 billion IMF bailout package for Lebanon has largely stalled. EU official says major aid to Lebanon depends on IMF deal 2023-03-31T04:00:00Z Consider that in the current bailouts, the Fed has set up a new money funnel: the Bank Term Funding Program. The Fed Is Doing Too Much, All at Once 2023-03-31T04:00:00Z Locking in a rollover had been critical for Pakistan, where reserves have dipped to just four weeks' worth of imports and talks over an IMF bailout tranche of $1.1 billion have hit a stalemate. China rolls over $2 bln loan to Pakistan - finance minister 2023-03-31T04:00:00Z That brings us to the question of whether the cost of the bailout will land on taxpayers. Column: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent 2023-04-21T04:00:00Z The currency slide accelerated after Egypt first announced it had reached a $3 billion bailout agreement with the International Monetary Fund last October. Egypt raises interest rates to curb surging inflation 2023-03-30T04:00:00Z Leaf also called on Tunisia to pursue a bailout deal with the IMF. US Mideast envoy hopeful Saudi-Iran détente will help region 2023-03-30T04:00:00Z Now, with inflation soaring, the Fed has been raising interest rates and — until these bank bailouts — reducing its trove of securities, through quantitative tightening. The Fed Is Doing Too Much, All at Once 2023-03-31T04:00:00Z The IMF's executive approved in March a nearly $3 billion bailout, which is expected to catalyse additional support from other multilateral lenders. Sri Lanka expects to finalise a domestic debt rework by May 2023-03-30T04:00:00Z The $30 billion bailout he arranged for First Republic took the form of refundable deposits that will be paid back, with interest, possibly in as few as four months. Jamie Dimon Reprises 2008 Role as Bank Crisis Savior 2023-03-30T04:00:00Z The emerging proposal reflects the Biden administration’s determination to blunt criticisms that its decision to backstop the deposits of large Silicon Valley firms amounted to a bailout for the powerful and politically connected. Biden to push new banking rules after Silicon Valley Bank collapse 2023-03-29T04:00:00Z Sri Lanka earlier this month secured approval of a $2.9 billion IMF bailout program a key step in its recovery from a crisis brought on by the pandemic and other troubles. Sri Lanka slashes fuel prices in welcome relief amid crisis 2023-03-29T04:00:00Z When Silicon Valley Bank collapsed earlier this month, Mr. Ramaswamy penned an op-ed in The Wall Street Journal the very next day, arguing against a federal bailout. Why Vivek Ramaswamy deserves a look in 2024 2023-03-28T04:00:00Z In many ways, China has replaced the U.S. as the go-to source for bailouts. Your Wednesday Briefing: China’s Billions in Bailouts 2023-03-28T04:00:00Z "The bailout really did protect billionaires from taking a modest haircut," Matt Stoller of the American Economic Liberties Project tweeted in response to Gruenberg's testimony. "The billionaire bailout": FDIC chair says the biggest deposit accounts at SVB held $13 billion 2023-03-28T04:00:00Z Talks with the International Monetary Fund for a bailout have been on hold since last year. Pakistan says it will skip US democracy summit amid turmoil 2023-03-28T04:00:00Z Sri Lanka’s creditors have agreed to restructure its debt, in addition to the IMF bailout. Sri Lanka slashes fuel prices in welcome relief amid crisis 2023-03-29T04:00:00Z In tiny Lebanon, Amnesty chastised the authorities for escalating rhetoric against Syrian refugees and the queer community - instead of undertaking badly needed economic reforms for an International Monetary Fund bailout package. Amnesty: West’s ‘double standards’ fuel Mideast repression 2023-03-28T04:00:00Z After years of providing high-interest loans as part of its international infrastructure project, the Belt and Road Initiative, China has a new role: bailout lender. Banking Regulators Prepare for Tough Questions from Lawmakers 2023-03-28T04:00:00Z The I.M.F. has also stepped up its own bailouts in recent weeks, in response to Russia’s war in Ukraine and the aftereffects of the pandemic. After Doling Out Huge Loans, China Is Now Bailing Out Countries 2023-03-27T04:00:00Z Recently, Thiel reportedly led the second-largest bank run in U.S. history, leading to the collapse of Silicon Valley Bank and one other financial institution, and necessitating the bailout of several others. What does Peter Thiel want? He's building the right-wing future, piece by piece 2023-03-27T04:00:00Z What additional oversight actions are being taken to prevent needing to do more bailouts? Opinion | Are all bank deposits insured? The feds must get their story straight. 2023-03-24T04:00:00Z The International Monetary Fund has delayed a $6 billion bailout over Pakistan’s failure to meet the terms of a 2019 deal. Pakistani ex-PM Khan sets out economic rescue plan at rally 2023-03-26T04:00:00Z Republicans don’t agree on Ukraine, bank bailouts, border legislation or much of anything else. Opinion | Trump makes suckers of House Republicans. Again. 2023-03-24T04:00:00Z The country ended up getting external financial support from the International Monetary Fund and a $50 billion bailout from the United States. Factbox: The biggest financial crises of the last four decades 2023-03-25T04:00:00Z For now, few investors see this year's events as a repeat of the systemic crisis that swept through markets in 2008, taking down Lehman Brothers and prompting government bailouts of large financial institutions. Analysis: Banking woes, Fed keep U.S. market investors on edge 2023-03-25T04:00:00Z Chinese regulators stepped in to supervise Evergrande’s debt restructuring, but economists said they rejected a bailout to avoid sending the wrong message to companies about the need to reduce their debts. Heavily indebted Chinese developer proposes restructuring 2023-03-23T04:00:00Z The US Secretary of State Antony Blinken has also warned that Tunisia urgently needs to reach a bailout deal with the IMF. Europe migrant crisis: Dozens missing off Tunisian coast 2023-03-24T04:00:00Z The IMF visit came as progress towards finalizing a sorely needed IMF bailout package for the struggling country has largely stalled. IMF warns without reforms, Lebanon could see hyperinflation 2023-03-23T04:00:00Z The loan, approved Tuesday by the World Bank’s board of executive directors, is separate from a bailout loan from the International Monetary Fund, which Egypt secured in December. World Bank approves $7 billion loan to support Egypt reforms 2023-03-22T04:00:00Z President Biden has long positioned himself as a champion of the middle class, but his administration’s bank bailouts have the potential to become a generous gift to the rich. Opinion | Here’s a sensible approach to protect middle-class bank deposits 2023-03-22T04:00:00Z Lebanon has also stalled on reforms agreed to with the International Monetary Fund to enable access to $3 billion in a bailout package and unlock funds in development aid to make the economy viable again. Tear gas, clashes as Lebanon protesters try to storm govt HQ 2023-03-22T04:00:00Z During a crisis, bailouts can be unavoidable because of the economic risks from bank collapses. The Fed’s Unpleasant Choice 2023-03-22T04:00:00Z The preliminary deal reached last year would have provided a bailout of about $3 billion, but Rigo said that figure would have to be revisited as the country’s economic situation has changed. IMF warns without reforms, Lebanon could see hyperinflation 2023-03-23T04:00:00Z “Disappointing market expectations could usher in additional sell-offs in financial markets, especially of bank shares and bonds, possibly requiring more bailouts,” he wrote. Fed Meeting Holds High Stakes for Biden 2023-03-22T04:00:00Z The IMF bailout is expected to catalyse additional support to the tune of $3.75 billion from the likes of the World Bank, the Asian Development Bank and other lenders. Sri Lanka receives first tranche of IMF bailout 2023-03-22T04:00:00Z "The central bank will start engaging officially," the minister told Reuters, after the IMF gave its final approval to the bailout, allowing much-needed disbursements and unlocking additional financing from multilateral lenders. Sri Lanka ready to engage with all creditors after IMF deal - minister 2023-03-21T04:00:00Z The key question, then, is how to regulate banks rigorously enough to minimize the number of necessary bailouts. The Fed’s Unpleasant Choice 2023-03-22T04:00:00Z The restriction was put in place among several other curbs on regulator power following the 2008 financial crisis and ensuing bank bailouts. US officials talked about raising deposit insurance without Congress-sources 2023-03-21T04:00:00Z Republicans control the House and appear unwilling to sign on for a potentially large government rescue of the financial system, like the bipartisan bank bailouts during the 2008 financial crisis. Fed Meeting Holds High Stakes for Biden 2023-03-22T04:00:00Z This was the 17th IMF bailout for Sri Lanka and the third since the country's decades-long civil war ended in 2009. Sri Lanka receives first tranche of IMF bailout 2023-03-22T04:00:00Z The bailout will be paid for by fees on other banks. Yellen says the cause of recent bank failures is still a mystery 2023-03-21T04:00:00Z Amid the crisis, Pakistan faces uncertainty about a bailout from the International Monetary Fund. UN: Months after Pakistan floods, millions lack safe water 2023-03-21T04:00:00Z The IMF executive board approved a nearly $3 billion bailout plan for the bankrupt nation Monday and about $333 million was to be disbursed immediately to help alleviate the country’s humanitarian crisis. IMF to assess Sri Lankan governance as part of $3B bailout 2023-03-21T04:00:00Z NOV 14: Sri Lanka's budget lays down several measures, including reducing the government's deficit in its efforts to secure the IMF bailout. Sri Lanka's economic crisis: From protests to IMF bailout 2023-03-21T04:00:00Z The bailout is expected to catalyse additional external support, with funding expected from the World Bank and the Asian Development Bank to the tune of $3.75 billion, the IMF said in a statement. Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust 2023-03-21T04:00:00Z Through the long, wild ride, there were peaks and troughs, months of uncertainty, bailout talks, near-misses and dire prognoses. Opinion | Is the Credit Suisse sale the end of the crisis, or the beginning? 2023-03-20T04:00:00Z President Biden has strenuously avoided using the word “bailout,” and he has insisted: “No losses will be borne by the taxpayer.” Opinion | How 2008 haunts the politics of the current banking crisis 2023-03-19T04:00:00Z Earlier this month, the IMF said Sri Lanka had secured financing assurances from all its major creditors, including China and India, which paved the way for the bailout. Sri Lanka: $2.9bn IMF bailout for struggling economy 2023-03-20T04:00:00Z This hinted at another big issue: Should there be new rules to decide if an institution is important enough to merit a bailout? Bank Stocks Teeter as Investors Worry About Who May Fall Next 2023-03-20T04:00:00Z In recent months, Wickremesinghe successfully negotiated economic support from top lenders China, India and Japan, culminating in the IMF bailout. Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust 2023-03-21T04:00:00Z "This is no bailout. This is a commercial solution because UBS is taking over Credit Suisse," she told a press conference in Bern. UBS's Credit Suisse deal was the best solution says Swiss gov't 2023-03-19T04:00:00Z Efforts to secure the bailout have been hampered by Tunisia's political upheavals since July 2021 when Saied seized most powers, shutting down parliament and moving to rule by decree. Italy pushing IMF to help Tunisia and avoid instability, minister says 2023-03-19T04:00:00Z Despite sweeping actions by the Federal Reserve, Treasury and F.D.I.C. to protect clients’ deposits and assets and shore up confidence in the country’s banks, President Biden is loath to use the term “bailout.” The Week in Business: A Banking Crisis 2023-03-19T04:00:00Z This is among pre-conditions set by the International Monetary Fund nearly a year ago for Lebanon to get a $3 billion bailout. As economy worsens, Lebanese juggle dizzying rates for devalued pound 2023-03-19T04:00:00Z He flew to Japan in October to apologise for the cancellation of Japanese-funded projects under Rajapaksa, which convinced Tokyo to back Sri Lanka's request for the IMF bailout. Wickremesinghe delivers IMF deal for Sri Lanka despite public mistrust 2023-03-21T04:00:00Z Biden says the bailout of depositors at failed banks will be paid by fees on other banks, and — leakage alert — the cost will not be passed on to anyone. Opinion | With the Silicon Valley Bank rescue, welcome to capitalism without risk 2023-03-17T04:00:00Z They howl about “government overreach” and yet are the first ones to demand government and taxpayer bailouts for collapses caused by their own recklessness and hubris. Opinion | Small banks should not get different rules 2023-03-17T04:00:00Z After gambling on opaque investments with borrowed money, several Wall Street firms required a taxpayer bailout. Big banks may get bigger as crisis swamps ‘too big to fail’ worries 2023-03-18T04:00:00Z Marathon negotiations produced a complex law, but it failed on the House floor Sept. 29, 2008, after being branded as a “Wall Street bailout” on the ideological left and right. Analysis | Today’s Congress might be incapable of compromise to save banking system 2023-03-18T04:00:00Z UBS itself has had its own tumultuous periods, with a clampdown on banking secrecy and a bailout during the global financial crisis more than a decade ago. UBS mulls takeover of Credit Suisse with possible Swiss government guarantees 2023-03-18T04:00:00Z One European official said U.S. authorities displayed “total and utter incompetence” in violating global standards and setting a dangerous precedent for further bailouts. Opinion: Yes, rescuing banks like First Republic rewards the reckless. No, that shouldn't stop us 2023-03-17T04:00:00Z Bank bailouts with government dollars are already socialism for the rich. Opinion | Small banks should not get different rules 2023-03-17T04:00:00Z The collapses of Silicon Valley Bank and Signature Bank this past weekend were the end point in an all-too-familiar cycle: first the boom, then the breathtakingly speedy bust and then the bailout. Regulatory failure 101: What the collapse of Silicon Valley Bank reveals 2023-03-17T04:00:00Z And although the auto bailout was harshly criticized at the time, in retrospect, it looks like the right call, even though it ended up costing taxpayers billions. 3.5 myths about the bank bailouts 2023-03-17T04:00:00Z Biden and other Democrats in Washington deny that their actions amount to a bailout of any kind. Will Americans end up footing the bill for bank failures? 2023-03-17T04:00:00Z Threaded through the debate about a financial bailout is this notion of moral hazard. Opinion: Yes, rescuing banks like First Republic rewards the reckless. No, that shouldn't stop us 2023-03-17T04:00:00Z Critics have called the government’s rescue plan a bailout. Yellen says Chinese customers of failed Silicon Valley Bank will get money from U.S. fund 2023-03-16T04:00:00Z Now, however, the combination of reckless bankers and lax regulators has left us with a financial crisis and a federal-government bailout — and the well-rehearsed spectacle of regulators promising to do better next time. Regulatory failure 101: What the collapse of Silicon Valley Bank reveals 2023-03-17T04:00:00Z That included in 2012 when President Obama, bolstered in part by the auto industry bailout that saved jobs in the state, bested Mitt Romney by roughly 2 points in Ohio. Sherrod Brown tests ability of a liberal Democrat to still connect with Ohio’s blue-collar voters 2023-03-16T04:00:00Z Critics have called the government’s rescue plan a bailout, although President Biden has insisted that taxpayer money is not being used. Yellen tells Congress that U.S. banking system still ‘sound’ after collapse of Silicon Valley Bank 2023-03-16T04:00:00Z “I’m not asking for a bailout. I’m asking for banking regulators to ensure the integrity of the system,” tweeted Craft Ventures’ David Sacks, who also appeared on video over the weekend in his podcast. SVB run exposes rifts in chummy venture capital world 2023-03-16T04:00:00Z Yellen will be the first Biden administration official to face lawmakers over the decision to protect uninsured money at two failed regional banks, a move that some observers have criticized as a bank “bailout.” Yellen to tell Congress US banking system ‘remains sound’ 2023-03-16T04:00:00Z Editorial Board: No one should be happy about these bank ‘bailouts’ Opinion | In the Silicon Valley Bank debacle, greed and fear ruled, not the rules 2023-03-15T04:00:00Z It is one step short of a fully-fledged bailout like those seen during the financial crash more than a decade ago. Analysis: Swiss blank cheque wins some time for Credit Suisse 2023-03-16T04:00:00Z Still, support for bailouts was even more tepid a decade earlier, when the United States was emerging from a financial crisis which the government fought by spending hundreds of billions of dollars on bank bailouts. Americans are wary of bailouts as banking concerns mount -Reuters/Ipsos 2023-03-15T04:00:00Z Opinions diverge over what exactly constitutes a bailout. SVB run exposes rifts in chummy venture capital world 2023-03-16T04:00:00Z In a Sunday statement, Mr. Newsom praised the White House announcement of the largest bank bailout since the 2008 financial crisis. Report: Newsom held multiple accounts at Silicon Valley Bank while pushing for bailout 2023-03-15T04:00:00Z It was touted as an effort to improve air quality, but it mostly included bailouts for coal and nuclear power. Ohio politicians found guilty in $60 million utilities bribery scandal 2023-03-15T04:00:00Z Nikki Haley, Trump’s former U.N. ambassador who declared her presidential campaign last month, was more direct: “The era of big government and corporate bailouts must end.” How the last banking tumult fuels today’s populist politics 2023-03-15T04:00:00Z Some experts say the more expansive deposit guarantees regulators are applying for the troubled banks already amount to a bailout because they remove people's incentive to guard against financial risk. Americans are wary of bailouts as banking concerns mount -Reuters/Ipsos 2023-03-15T04:00:00Z Going by the traditional view of saving the institution and its shareholders, the government’s action didn’t meet the bar; if a bailout means saving the depositors, it did. SVB run exposes rifts in chummy venture capital world 2023-03-16T04:00:00Z Bill Ackman, the billionaire investor, suggested that Silicon Valley Bank could fail and need a bailout. Bank Runs, Crypto Concerns and Takeovers: A Timeline of the Panic 2023-03-15T04:00:00Z The ratepayer-funded bailout of two coal plants — which could eventually cost as much as $1.7 billion — still remains in effect, and the state's energy efficiency requirements have not been restored. Ohio politicians found guilty in $60 million utilities bribery scandal 2023-03-15T04:00:00Z IMF Managing Director Kristalina Georgieva said last week the fund’s board will meet on March 20 to consider the final approval of Sri Lanka’s bailout package after China gave crucial debt restructuring assurances. Sri Lankan state workers strike, protesting high taxes 2023-03-15T04:00:00Z The Post's View: No one should be happy about these bank ‘bailouts’ Opinion | The Fed can’t abandon the inflation fight, despite bank turmoil 2023-03-14T04:00:00Z The idea of more bailouts has leaders of both parties spooked. Your Wednesday Briefing 2023-03-15T04:00:00Z President Biden, in a speech, said the U.S. banking system was safe and insisted taxpayers would not pay for any bailouts. Bank Runs, Crypto Concerns and Takeovers: A Timeline of the Panic 2023-03-15T04:00:00Z Federal officials are working on a "timely" solution, she says, and rules out a bailout. Tech pressure, Yellen everywhere: How Washington scrambled as SVB collapsed 2023-03-15T04:00:00Z The episode was a test for the president — who risked criticism from the left and the right by greenlighting what critics called a bailout for banks. How Washington Decided to Rescue Silicon Valley Bank 2023-03-14T04:00:00Z But the state’s attorney general said it’s “only the beginning of accountability” for the now-tainted $1 billion bailout of two aging nuclear power plants. What’s next in Ohio corruption probe after guilty verdicts? 2023-03-14T04:00:00Z In the US, the issue of bank bailouts is a toxic one because anger remains over the Wall Street rescue after the 2008 financial crash. Why US banking collapse matters 2023-03-14T04:00:00Z Impoverished Pakistan has been embroiled in a deepening economic crisis and is trying to negotiate a desperately needed bailout from the International Monetary Fund to avoid a default. Pakistan police, ex-PM Khan supporters scuffle near his home 2023-03-14T04:00:00Z Lebanon has also stalled on implementing wide-range reforms agreed to with the International Monetary Fund to access $3 billion in a bailout package and unlock funds in development aid to make the economy viable again. Lebanon’s pound hits a new low as banks go back on strike 2023-03-14T04:00:00Z It was a priority that the rescue not be viewed as a bailout, which had become a toxic word in the wake of the 2008 financial crisis. How Washington Decided to Rescue Silicon Valley Bank 2023-03-14T04:00:00Z His wife Laurel Dawson was the governor’s chief of staff, and she helped vet Randazzo for the utility regulator chairmanship and approved sending a state plane to pick up lawmakers for the bailout vote. What’s next in Ohio corruption probe after guilty verdicts? 2023-03-14T04:00:00Z The bailouts after the 2008 financial crisis arguably saved the global economy. The Bank Failures, Explained 2023-03-14T04:00:00Z Their expectation of an immediate taxpayer bailout is only rivaled by their longstanding contempt for government oversight. The problem with Silicon Valley isn’t "wokeness" — it's libertarianism 2023-03-14T04:00:00Z He could not even bring himself to utter the word “bailout.” Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z "This is not a bailout. So investors think it’s a relative gamble staying around owning regional banks before knowing what will change in regulation," said Brian Levitt, global market strategist for Invesco. Analysis: Some U.S. banks facing stock rout may need to seek partners 2023-03-14T04:00:00Z The nuclear bailout provisions of the bill also were repealed. What’s next in Ohio corruption probe after guilty verdicts? 2023-03-14T04:00:00Z Otherwise, bailouts will become dizzyingly common — and far more expensive to the economy than proper regulation. Opinion | What the Silicon Valley Bank bailout teaches us 2023-03-13T04:00:00Z The loudest voices of Silicon Valley cheered the bailout. Opinion | Silicon Valley is again in denial about its dependency on the feds 2023-03-13T04:00:00Z The colossal bailouts initiated under President George W. Bush and continued under Mr. Obama arguably saved the global economy but also provoked such a ferocious popular backlash that they transformed American politics to this day. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z Taxpayers were not on the hook for this bailout. Opinion | No one should be happy about these bank ‘bailouts’ 2023-03-13T04:00:00Z But it is unclear how the bailout impacts other parts of the bank’s operations, notably a transaction system, Signet, used to process cryptocurrency transactions. Signature Bank’s collapse spells trouble for cryptocurrency industry 2023-03-13T04:00:00Z Senior administration officials, sensitive to the political landscape, consciously crafted a plan aimed at avoiding the “bailout” moniker. Biden agreed to plan for bank depositors after initial concerns 2023-03-13T04:00:00Z Even with Sunday’s bailout, uncertainty also remains for many SVB startup customers and other depositors. Despite rescue, Seattle startups and banks face SVB blowback 2023-03-13T04:00:00Z Even the separate economic stimulus package that Mr. Obama assigned Mr. Biden to manage came to be tainted because many Americans confused it with the bank bailouts. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z No one welcomes the idea of this as a “bailout nation,” as the phrase went during the 2008 financial crisis and its aftermath. Opinion | No one should be happy about these bank ‘bailouts’ 2023-03-13T04:00:00Z Banks that took on interest-rate risk, and potentially their big depositors, were being protected against losses — which some observers said constituted a bailout. Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response. 2023-03-13T04:00:00Z Vivek Ramaswamy, a tech entrepreneur running for the Republican nomination, said the intervention amounted to “a bailout of all the Silicon Valley tech start-ups.” Biden agreed to plan for bank depositors after initial concerns 2023-03-13T04:00:00Z Indeed, the political specter of the word “bailout” will linger over the White House for some time. Biden’s test: Can he show competence to avert banking chaos 2023-03-13T04:00:00Z “The term and the idea of bailouts are still highly toxic,” said Robert Gibbs, Mr. Obama’s first White House press secretary. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z Demands by the tech industry’s most vocal libertarians for a government bailout of Silicon Valley call to mind the old saw: The goal in business to privatize profits and socialize losses. Column: As Silicon Valley Bank's red flags were flying, the Fed was AWOL 2023-03-13T04:00:00Z “Merely because taxpayers aren’t on the hook so far doesn’t mean something isn’t a bailout.” Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response. 2023-03-13T04:00:00Z “It is a lie that this is not a bailout.” Biden agreed to plan for bank depositors after initial concerns 2023-03-13T04:00:00Z White House and other administration officials are insisting their actions are not a bailout. Biden’s test: Can he show competence to avert banking chaos 2023-03-13T04:00:00Z “Now depositors at healthy banks are forced to subsidize Silicon Valley Bank’s mismanagement. When the Deposit Insurance Fund runs dry, all bank customers are on the hook. That’s a public bailout.” Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z Wait, didn’t U.S. airlines agree to drop their change fees during the early days of the pandemic, as they were begging the federal government for a bailout? Warning: More airline fees are on the way 2023-03-13T04:00:00Z “I’ll call it a bailout of the system,” Mr. Kelly said. Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response. 2023-03-13T04:00:00Z For those that say we should have lower taxes and shouldn’t fund the government, how are these bailouts supposed to be financed? Investors Fear Bank Contagion, Despite a Sweeping Rescue Plan 2023-03-13T04:00:00Z But Harvard University economist Kenneth Rogoff said while he agrees that the government is rightly protecting the two banks’ depositors, the money spent to make them whole is “certainly a bailout.” Biden’s test: Can he show competence to avert banking chaos 2023-03-13T04:00:00Z But the White House adamantly rejected the comparison to the bailouts of the past, noting that the government is protecting depositors, not investors, while firing bank managers responsible for the trouble. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z "This is a bailout and a major change of the way in which the U.S. system was built and its incentives," said Nicolas Veron, senior fellow at the Peterson Institute for International Economics in Washington. Experts flag moral hazard risk as U.S. intervenes in SVB crisis 2023-03-13T04:00:00Z While the definition of “bailout” is ill defined, it is typically applied when an institution or investor is saved by government intervention from the consequences of reckless risk-taking. Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response. 2023-03-13T04:00:00Z Claims that the decisions do not amount to a “bailout,” however, are likely to be challenged. U.S. says all deposits at failed bank will be available Monday 2023-03-12T05:00:00Z “It basically, as I understand it, is guaranteeing everything. So that’s certainly a bailout.” Biden’s test: Can he show competence to avert banking chaos 2023-03-13T04:00:00Z The bailouts back then came in response to a banking crisis that seemed far more dangerous than what is currently evident. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z Some analysts said the U.S. actions were not a bailout, because shareholders and unsecured debtholders of SVB would not be covered. Experts flag moral hazard risk as U.S. intervenes in SVB crisis 2023-03-13T04:00:00Z When that happened, the shaky foundations of the bank’s business model were exposed to daylight, and the cries for a government bailout of its customers swiftly followed. Column: With demands for a bank bailout, Silicon Valley shows its 'small government' mantra was just a pose 2023-03-12T05:00:00Z The official said the steps were taken to stabilize the financial system and protect depositors, and did not constitute a bailout of either firm. U.S. Treasury says Silicon Valley Bank, Signature Bank 'not being bailed out' 2023-03-13T04:00:00Z Treasury Secretary Janet Yellen on Sunday ruled out a government bailout of Silicon Valley Bank and said she was working with regulators to find a solution. Exclusive: PNC, RBC interest in SVB cools as regulators seek rescue bids 2023-03-12T05:00:00Z The issue was not enough to cost Mr. Biden the nomination, but that did not mean voters remember the bailouts of the past fondly. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z But she emphasized that the situation was much different from the financial crisis almost 15 years ago, which led to bank bailouts to protect the industry. Yellen says no federal bailout for Silicon Valley Bank 2023-03-12T05:00:00Z When things turn sour, the cry is heard for government to step in with bailouts and subsidies. Column: With demands for a bank bailout, Silicon Valley shows its 'small government' mantra was just a pose 2023-03-12T05:00:00Z As soon as calls for intervention began, so did the outcry from the left and right against any potential bailouts. Bailout talk roils Washington after Silicon Valley Bank’s collapse 2023-03-11T05:00:00Z "Urgent talks regarding potential takeovers will be ongoing, with regulators under pressure to negotiate bailouts to avoid further damaging fallout," Streeter said. UK finance minister and Bank of England work to contain SVB fallout 2023-03-11T05:00:00Z The ultimate cost of the bailouts of that period remains in dispute. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z Some tech voices already are calling for a federal bailout. Silicon Valley Bank failure raises fear of broader financial contagion 2023-03-10T05:00:00Z “And they now want the Taxpayer to bailout their investments…?! Capitalism, Silicon Valley-style.” Column: With demands for a bank bailout, Silicon Valley shows its 'small government' mantra was just a pose 2023-03-12T05:00:00Z “You don’t want to extend this kind of bailout to people. But if you aren’t doing that, you face a run of really big — and really hard to predict — proportions.” Bailout talk roils Washington after Silicon Valley Bank’s collapse 2023-03-11T05:00:00Z The bank focuses on export-oriented German companies and is partly owned by the German government after a bailout during the financial crisis more than a decade ago. Banks sucked into global rout as SVB crisis spooks investors 2023-03-10T05:00:00Z But other bailouts, most notably to Fannie Mae and Freddie Mac, the federally backed home mortgage companies, brought the total cost of various bailouts to $498 billion in her estimation. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis 2023-03-14T04:00:00Z Meanwhile, investors have begun whispering about a potential bailout. Troubles at Silicon Valley Bank Rock the Global Market 2023-03-10T05:00:00Z Mr. Borges spent about $366,000 of his bribe on himself and had enough money left to pay off a person described as a “Republican operative” to save the bailout legislation, the Justice Department said. Former Ohio Legislator Found Guilty of Racketeering in $60 Million Scheme 2023-03-09T05:00:00Z The IMF is stretching out talks on a bailout when the country needs money now to help “the poorest of the poor” whose homes and crops were washed away in the floods, he said. Foreign minister says Pakistan in `perfect storm’ of crises 2023-03-09T05:00:00Z They alleged that Borges, then a lobbyist, sought to bribe Tyler Fehrman, an operative, for inside information on the referendum to overturn the bailout law. Ex-GOP Ohio speaker, lobbyist guilty in $60M bribery scheme 2023-03-09T05:00:00Z They alleged that Borges, then a lobbyist, sought to bribe an operative for inside information on the referendum to overturn the bailout. Former Ohio House speaker convicted in $60M bribery scheme 2023-03-09T05:00:00Z To try to curb its current economic turmoil, Egypt secured the latest financial help, a $3 billion bailout loan from the IMF, last December. Egypt’s inflation spikes again, hiking prices of basic food 2023-03-09T05:00:00Z The bailout is the culmination of months of negotiations as Sri Lanka looks to emerge from its worst economic crisis in more than seven decades. Sri Lanka to announce debt restructuring strategy in April - cenbank chief 2023-03-09T05:00:00Z Discussing his cash-strapped country’s crushing need for financial help, he sharply criticized the International Monetary Fund, which last month delayed a $6 billion bailout over Pakistan failing to meet terms of a 2019 deal. Foreign minister says Pakistan in `perfect storm’ of crises 2023-03-09T05:00:00Z Central bank Governor P. Nandalal Weerasinghe said last week that Sri Lanka had fulfilled its conditions with the rate hike and he was hopeful the IMF bailout would be approved this month. IMF board poised to approve $2.9 bln Sri Lanka bailout 2023-03-07T05:00:00Z Its delayed assurances were seen as the last hurdle in securing the bailout deal after India and other creditors gave early pledges. Sri Lanka leader says IMF deal imminent after China’s pledge 2023-03-07T05:00:00Z Just nine of the 91 House Republicans who voted for the bailouts are still in Congress. The Kevin McCarthy aide tasked with defusing the GOP’s debt limit bomb 2023-03-06T05:00:00Z The country is currently in talks with the International Monetary Fund on how to revive a bailout program that was originally agreed on in 2019, when Khan was in power. Pakistan bans media broadcasts of ex-PM Imran Khan speeches 2023-03-06T05:00:00Z Lebanon is nowhere near implementing the kinds of reforms needed for an International Monetary Fund bailout, such as restructuring banks and inefficient government agencies, reducing corruption, and establishing a credible and transparent exchange-rate system. Lebanon adopts ‘dollarization’ as currency, economy crumble 2023-03-05T05:00:00Z To curb its economic turmoil, Egypt received a $3 billion bailout loan from the International Monetary Fund last December. Egypt raises price of gasoline in latest hike amid inflation 2023-03-02T05:00:00Z Then the government resorted to the IMF for a new bailout loan last year, the fourth in six years. In Egypt, government and poor struggle with troubled economy 2023-02-28T05:00:00Z Greece’s infrastructure issues predate its financial crisis, when the country required bailout loans from international and European creditors. Trains reportedly on same track for 12 minutes before crash in Greece 2023-03-02T05:00:00Z In fact, Republicans seem happy to fight over student debt relief, saying it’s actually the Democrats’ plan that is a “bailout for the wealthy.” Legal fight over student debt a prelude to political battle 2023-03-01T05:00:00Z Pakistan is in talks with the International Monetary Fund to revive a bailout that was originally signed in 2019 when Khan was in power. Pakistani court orders arrest of former premier Imran Khan 2023-02-28T05:00:00Z Vance in Ohio forced a bailout from the Senate Leadership Fund, which spent millions of dollars on TV advertising on his behalf on his ultimately successful campaign. GOP leaders, stung by losses, plan to wade into Senate races 2023-02-27T05:00:00Z In fact, apart from Cameron Smith, it’s mostly a bailout for guys who have lost it. Perspective | Claiming to be ‘Golf, but louder,’ LIV’s sound and fury signify nothing 2023-02-22T05:00:00Z Sri Lanka is effectively bankrupt and has suspended repayment of foreign debt pending the outcome of talks with the International Monetary Fund on a bailout package. Sri Lankan police disperse protesters demanding election 2023-02-20T05:00:00Z Cespedes testified that Kiani had plans to operate the two Ohio nuclear plants for a short period, get a government bailout, then sell them in a deal that could have netted him $100 million. Ohio ex-speaker ill, corruption trial pauses after big week 2023-02-17T05:00:00Z Thurrock was given exceptional permission from government to increase its share of council tax by 9.99% and the budget proposals rely on £180m in bailout support being granted from Westminster for next year. Thurrock Council proposes 9.99% tax increase and budget cuts 2023-02-16T05:00:00Z Lebanon made a first step towards securing an International Monetary Fund bailout in April 2022 but, nearly a year later, has failed to carry out the reforms needed to finalise it. Lebanese depositors smash up, burn Beirut banks 2023-02-16T05:00:00Z Pakistan agreed in 2019 to impose new taxes of 170 billion rupees in exchange for a bailout. Pakistan in bailout bid sharply raises natural gas taxes 2023-02-14T05:00:00Z But, he said in an interview, “life will become more difficult for the common man if Pakistan fails to revive the IMF bailout without any further delay.” Pakistan set for tax hikes in return for massive IMF bailout 2023-02-13T05:00:00Z Economic experts say that the shortages, which have affected subsidised products, are mainly caused by a crisis in public finances as the state attempts to avert bankruptcy while negotiating for an international bailout. Tunisia president says detainees were behind shortages, price rises 2023-02-14T05:00:00Z Efforts to secure a foreign bailout for state finances have stalled, with ratings agencies saying Tunisia risks default even as an economic crisis has caused shortages. Analysis: Tunisia arrests raise opposition fears of wider crackdown 2023-02-14T05:00:00Z Talks centre around reaching an agreement on a reforms agenda under the country's $6.5 billion bailout programme, which it entered in 2019. IMF, Pakistan to resume talks on unlocking bailout funds, official says 2023-02-13T05:00:00Z A critical $1.2 billion portion of the 2019 bailout has been stalled since December, with the IMF urging Pakistan to raise more cash. Pakistan in bailout bid sharply raises natural gas taxes 2023-02-14T05:00:00Z An ongoing congressional investigation is looking into whether the bailout was partially financed by Qatar’s sovereign wealth fund. After helping prince’s rise, Trump and Kushner benefit from Saudi funds 2023-02-12T05:00:00Z The IMF and Pakistan are in talks over an economic reform deal aimed at releasing critical funds from a stalled $6.5 billion bailout programme Pakistan signed up to in 2019. Pakistan finmin says expect IMF matters to be settled today - Dawn news 2023-02-09T05:00:00Z As for bailouts, Pakistan is no stranger to them. Pakistan seeks IMF bailout to stave off economic collapse 2023-02-09T05:00:00Z Sri Lanka is effectively bankrupt and has suspended repayment of nearly $7 billion in foreign debt due this year pending the outcome of talks with the International Monetary Fund for a bailout package. Sri Lankan leader appeals for patience amid economic crisis 2023-02-08T05:00:00Z Ahmad has been a critic of seeking bailouts from the IMF, but he said in these circumstances Pakistan had no other option. Pakistan in bailout bid sharply raises natural gas taxes 2023-02-14T05:00:00Z Kushner, whose last major business foray had left his family firm needing a $1.2 billion bailout, faced his own political fallout as a senior Trump aide. After helping prince’s rise, Trump and Kushner benefit from Saudi funds 2023-02-12T05:00:00Z The IMF mission arrived in Pakistan late last week for the talks, which if successful, would release an overdue tranche of $1.1 billion from the bailout programme, leaving $1.4 billion remaining. Pakistan finmin says expect IMF matters to be settled today - Dawn news 2023-02-09T05:00:00Z He ended up negotiating a $6bn rescue bailout with the IMF to address the balance of payments crisis. Pakistan seeks IMF bailout to stave off economic collapse 2023-02-09T05:00:00Z The BIS's paper said that when bailouts were required they risked raising the ire of taxpayers and politicians who then took aim at central banks' independence. Post-QE bond losses rising reality for central banks - BIS 2023-02-07T05:00:00Z The mission has been in Islamabad since Jan. 31 to sort out the differences over fiscal policy that has stalled the release of more than $1 billion from $6.5 billion bailout package signed in 2019. Pakistan, IMF grapple for consensus to unlock critical funding 2023-02-06T05:00:00Z Clamoring for bailouts will be intense, but the country will struggle to afford them — especially in the looming era of higher interest rates, which make it more expensive to service the national debt. Opinion | Yes, Social Security and Medicare still need to be reformed — and soon 2023-02-05T05:00:00Z The "Tea" in "Tea Party" was supposed to stand for "taxed enough already," with the claim that Obama's stimulus — and the Bush bank bailouts he expanded — would ruinously drive up taxes. From Bush to Trump to Jan. 6: The rise and fall of "constitutional conservatism" 2023-02-04T05:00:00Z The question is, how long would a bailout deal buy the country this time? Pakistan seeks IMF bailout to stave off economic collapse 2023-02-09T05:00:00Z The £636m bailout figure being discussed with government was revealed at an overview and scrutiny committee meeting at Thurrock on Thursday. Bankrupt Thurrock Council asks for £636m bailout and tax hike 2023-02-03T05:00:00Z Having emerged from previous bailout programmes in 2018, Greece had been hoping to regain such ratings - rubber-stamping its return to fiscal normality - by early 2023, ahead of a national election that could stir political uncertainty. Analysis: Prudence, reforms can help Greece regain investment grade after election 2023-02-03T05:00:00Z India, which China sees as a strategic rival, announced last month it gave the IMF assurances to facilitate a bailout plan. China confirms offer to Sri Lanka of debt moratorium 2023-02-03T05:00:00Z Mr. Deese worked on the National Economic Council in the Obama White House, where he helped coordinate a bailout of the auto industry and negotiate a landmark international climate treaty in Paris. Deese, Top Economic Aide to Biden, Will Step Down This Month 2023-02-02T05:00:00Z International Monetary Fund bailout in principle the following September. Can Sri Lanka trade its way back to prosperity? 2023-02-01T05:00:00Z The dramatic measure is meant to stabilize the free-falling Lebanese pound and eliminate the multiple exchange rates that currently exist, a key demand of the International Monetary Fund for a bailout package for Lebanon. Lebanon sets new exchange rate, dramatically devalues pound 2023-02-01T05:00:00Z |
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