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Today: March 21, 2025
Today: March 21, 2025
Karin Strohecker

Karin Strohecker

Staff Writer

Latest From Karin Strohecker

Americas|Economy|News

Argentina markets cheer 'best day' for Milei after Senate, China boosts

Argentina's markets rallied on Thursday as investors breathed a sigh of relief after the Senate passed a sprawling bill that is

Argentina markets cheer 'best day' for Milei after Senate, China boosts
Europe|News|Political|World

How much money does Ukraine owe, and to whom

More than two years into a war that has cost tens of thousands of lives, Ukraine is about to embark on the unprecedented task of

How much money does Ukraine owe, and to whom
Economy|Europe|Finance|News

ECB, Canada join G10 central bank easing push in June

The European Central Bank and the Bank of Canada in June joined the ranks of big central banks easing policy, while emerging markets ploughed

ECB, Canada join G10 central bank easing push in June
Economy|Europe|Finance|News

Ukraine eyes debt deal before deadline, seeks to add GDP warrants, sources say

Ukraine told investors it still expects to succeed in its unprecedented aim of restructuring debt in the middle of a war before payment

Ukraine eyes debt deal before deadline, seeks to add GDP warrants, sources say
Business|Economy|Finance|News|Stock Markets

Quick Israel rate cuts unlikely as war overshadows inflation surprise

A lower than expected Israeli inflation reading will still not allow the central bank to resume its rate cutting cycle anytime soon

Quick Israel rate cuts unlikely as war overshadows inflation surprise
Economy|Europe|Finance|News|World

Ukraine's international bond rework derailed as deadline nears

Ukraine has not been able to reach an agreement with a group of bondholders over restructuring some $20 billion of international debt during

Ukraine's international bond rework derailed as deadline nears
Business|Economy|Finance|Stock Markets|World

Markets in Q1: the wild ride towards rate cuts

Global bond and equity markets are ending the first quarter on a high note, with investors poised for more wild swings ahead after months of

Markets in Q1: the wild ride towards rate cuts
Business|Economy|Europe|Finance|News|US

BlackRock bullish on UK stocks after elections, Japan stocks are top play

The BlackRock Investment Institute (BII) said on Tuesday that recent parliamentary elections in Britain had made valuation of UK

BlackRock bullish on UK stocks after elections, Japan stocks are top play
Business|Economy|Finance|World

World Bank eyes first 'drought' bond in next 12-18 months

The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of catastrophe bonds supporting

World Bank eyes first 'drought' bond in next 12-18 months
Business|Technology

LSEG data and services back up and running after outage

LSEG Group's data and services were back up and running on Friday after suffering an outage earlier in the day that caused some

LSEG data and services back up and running after outage
Economy|Finance|News|World

Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure

Ukraine said on Monday it had reached an agreement in principle with a group of creditors to restructure $20 billion of international bonds,

Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure
Economy|Finance|News|US

A dollar on the defensive brings relief to policymakers globally

The dollar fell more than 2% against other major currencies in August, marking its biggest monthly drop this year and providing some relief to

A dollar on the defensive brings relief to policymakers globally
Economy|Europe|Finance|News|World

Conflict, creditors and a car crash: How Ukraine clinched a wartime debt restructuring

Just a few months after Russia invaded Ukraine, the country's financial adviser, Rothschild & Co, handed Kyiv's debt chief a thick black folder

Conflict, creditors and a car crash: How Ukraine clinched a wartime debt restructuring
Economy|Finance

Sri Lanka clinches $12.5 billion bond rework deal in pre-election dash

Sri Lanka reached a draft deal with creditors to restructure $12.5 billion of international bonds, it said on Thursday, in a

Sri Lanka clinches $12.5 billion bond rework deal in pre-election dash
Americas|News|US|World

Bumper Fed rate cut supercharges central banks' easing cycle in September

Led by the U.S.

Bumper Fed rate cut supercharges central banks' easing cycle in September
Economy|News|World

Year of war creates cracks in Israel's borrowing strength

Israel's economy has for almost a year ridden out the chaos of a war that risks spiralling into a regional conflict, but

Year of war creates cracks in Israel's borrowing strength
Africa|Economy|Finance

Ethiopia sees bondholder losses as unavoidable, hopes for fresh talks at IMF meeting

Ethiopia's bondholders will have to take a writedown as part of the country's debt restructuring, State Finance Minister Eyob Tekalign told Reuters, adding he

Ethiopia sees bondholder losses as unavoidable, hopes for fresh talks at IMF meeting
Economy|Finance

World Bank raises South Asia growth forecast to 6.4% on India demand

The World Bank raised its growth forecast for South Asia to 6.4% in 2024 from an earlier estimate of 6.0%, citing the strength of

World Bank raises South Asia growth forecast to 6.4% on India demand
Business|Economy|Finance|Stock Markets|US

Maldives picks Centerview as debt adviser amid financing crunch

The Maldives has chosen U.S.-headquartered Centerview Partners to be its adviser on debt matters as the country battles to stave off a financial crisis, two

Maldives picks Centerview as debt adviser amid financing crunch
Economy|Finance|World

As poor nations' default wave peaks, cash shortage could take its place

The punishing post-COVID wave of sovereign defaults has finally crested, with the likes of Ghana, Sri Lanka and Zambia concluding years of

As poor nations' default wave peaks, cash shortage could take its place
Economy|Finance|World

IMF urges Turkey to avoid repeat of bumper minimum wage hike

Turkey should avoid a repeat of its last inflation-fuelling minimum wage hike when the next raise is due on Jan. 1 and focus on support measures for the

IMF urges Turkey to avoid repeat of bumper minimum wage hike
Business|Economy|Finance

Retro bonds return from the '80s to speed up debt reworks, but at a cost

The recent cascade of countries defaulting on their debt has brought back into vogue complex securities, born in the 1980s, that aim

Retro bonds return from the '80s to speed up debt reworks, but at a cost
Economy|Finance|World

Pakistan requests $1 billion in IMF climate cash and sees reserves rising

Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps low and middle income countries mitigate climate

Pakistan requests $1 billion in IMF climate cash and sees reserves rising
Business|Economy|Finance|US|World

World Bank gears up to launch debut debt-for-development swap, treasurer says

The World Bank will launch its first ever debt-for-development swap within weeks, its Vice President and Treasurer Jorge Familiar told Reuters, as the

World Bank gears up to launch debut debt-for-development swap, treasurer says
Economy|Finance

Global economy chiefs fret over a Trump return as US election draws closer

Low growth, high debt and escalating wars topped the official agenda at the International Monetary Fund and World Bank annual meetings, but

Global economy chiefs fret over a Trump return as US election draws closer

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