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Saturday, June 3, 2023

Tag: bailout


European court cancels plans to rescue Lufthansa and SAS

These appealable rulings follow legal action, notably by...

Sri Lanka receives first tranche of IMF bailout

BREAKBREAK, Rescue packages arrive as the island nation grapples with its worst economic crisis in 70 years.Sri Lanka has received the first tranche of...

Can the IMF bailout help Sri Lanka exit its economic crisis?

By: Within storyThe bankrupt country faces a difficult road.Years of economic mismanagement and the effects of...

IMF approves Sri Lanka’s $2.9bn bailout

Sri Lanka's president has said the International Monetary Fund (IMF) has approved its request for a $2.9 billion bailout and the country's presidency said...

First Republic shares plunge after credit rating downgraded again despite $30bn bailout package

Shares of First Republic Bank plunged nearly 40 percent in premarket trading on Monday, days after it was announced that the struggling lender receiving...

First Republic shares plunge as $30bn bailout package fails to assuage concerns about troubled bank

First Republic Bank shares fell nearly 20 percent at the opening bell on Friday, as $30 billion in deposits injected by big US banks...

Sri Lanka unions stage strike to protest against IMF bailout plan

Public sector workers are demanding that the government reverse high taxes as a condition of unlocking a $2.9 billion IMF loan.Thousands of workers in...


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