The move by banks to force
Cineworld's top shareholder to refinance a loan without
equity collateral is yet another sign of mounting stress in
Europe's junk debt market as the coronavirus roils markets and
businesses around the world.
Kazakhstan will revise its
economic growth outlook lower and increase the budget deficit to
up to 3.0% of gross domestic product from the previously planned
2.4%, Economy Minister Ruslan Dalenov told reporters on Tuesday.