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News

06 Mar How to write a UK Budget for uncertain times

Posted at 18:00h in News by KMFSLLP 0 Comments

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Rishi Sunak should remain focused on improving productivity even as he reacts to coronavirus effects

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06 Mar Lebanon can’t pay debts, suspends March bond payment-PM

Posted at 16:51h in News by KMFSLLP 0 Comments

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Lebanon will not pay a $1.2 billion Eurobond due on March 9 as its foreign currency reserves have hit critical levels and are needed to meet the basic needs of the Lebanese people, Prime Minister Hassan Diab said on Saturday.

06 Mar UPDATE 1-U.S. financial regulators start contingency planning as virus reaches Washington

Posted at 16:06h in News by KMFSLLP 0 Comments

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U.S. financial regulators are preparing contingency arrangements, including travel restrictions and home-working, to ensure they can effectively oversee the financial markets as the coronavirus closes in on the U.S. capital.

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06 Mar REFILE-UPDATE 4-Lebanon set for debt default as government decides not to pay

Posted at 15:30h in News by KMFSLLP 0 Comments

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* As financial crisis deepens, Lebanon set for sovereign default

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06 Mar Lebanon’s government decides not to pay debt – source, local media

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Lebanon's government voted unanimously in favour of not repaying its looming debt maturities, a senior political source told Reuters and local media reported after a cabinet session on Saturday.

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06 Mar Lebanese leaders oppose repaying debt maturities – presidency

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Lebanon's top leaders oppose repaying the country's looming debt maturities, the presidency said in a statement on Saturday after a meeting at the presidential palace.

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06 Mar UPDATE 1-Lebanon in ‘final hours before’ declaring it cannot pay its debts-senior MP

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Lebanon is in "the final hours before" formally announcing it cannot pay its debts, senior MP Alain Aoun said on Saturday, as the president, prime minister and parliament speaker met ahead of an official declaration later in the day.

06 Mar Lebanon in “final hours before” declaring it cannot pay its debts-senior MP

Posted at 09:23h in News by KMFSLLP 0 Comments

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Lebanon is in "the final hours before" formally announcing it cannot pay its debts, senior MP Alain Aoun wrote on Twitter on Saturday, as the president, prime minister and parliament speaker met ahead of an official declaration later in the day.

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06 Mar Intesa Sanpaolo will not increase value of bid for UBI Banca – CEO to paper

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Intesa Sanpaolo will not raise the value of it bid for smaller rival UBI Banca, the chief executive of Italy's top retail bank said on Saturday.

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06 Mar Intesa Sanpaolo offers 100 mln euros to tackle virus emergency, 5 bln euros in loans – paper

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Intesa Sanpaolo is ready to donate up to 100 million euros to Italy to tackle the coronavirus outbreak and grant up to 5 billion euros in loans to companies affected by the epidemic, the lender's chief executive said on Saturday.

News

06 Mar How to write a UK Budget for uncertain times

06 Mar Lebanon can’t pay debts, suspends March bond payment-PM

06 Mar UPDATE 1-U.S. financial regulators start contingency planning as virus reaches Washington

06 Mar REFILE-UPDATE 4-Lebanon set for debt default as government decides not to pay

06 Mar Lebanon’s government decides not to pay debt – source, local media

06 Mar Lebanese leaders oppose repaying debt maturities – presidency

06 Mar UPDATE 1-Lebanon in ‘final hours before’ declaring it cannot pay its debts-senior MP

06 Mar Lebanon in “final hours before” declaring it cannot pay its debts-senior MP

06 Mar Intesa Sanpaolo will not increase value of bid for UBI Banca – CEO to paper

06 Mar Intesa Sanpaolo offers 100 mln euros to tackle virus emergency, 5 bln euros in loans – paper

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