$1.2 billion in debt relief approved for Haiti (AP via Yahoo! Finance)

Roughly two-thirds of Haiti’s total debt was canceled Tuesday when three organizations that provide financial assistance to poor countries announced they’re forgiving $1.2 billion of what the Caribbean country owes.

$1.2 billion in debt relief approved for Haiti (AP via Yahoo! News)

Roughly two-thirds of Haiti’s total debt was cancelled Tuesday when three organizations that provide financial assistance to poor countries announced they’re forgiving $1.2 billion of what the Caribbean country owes.

Cemex Proposes $14.5 Billion Debt Restructuring Plan (Update1) (Bloomberg)

June 30 (Bloomberg) — Cemex SAB , the largest cement maker in the Americas, submitted a proposal to creditors that aims to extend maturities on $14.5 billion of debt.