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A public debt target for India? « Mostly Economics

This paper discusses possible medium-term public debt targets for India, based on evidence from the economic literature on prudent levels of public debt and the feasibility for the country to meet a particular target over the next 5-6 …

A public debt target for India? « Mostly Economics

This paper discusses possible medium-term public debt targets for India, based on evidence from the economic literature on prudent levels of public debt and the feasibility for the country to meet a particular target over the next 5-6 …

India Studying Impact of Dubai’s Debt Delay Plan (Update1) (Bloomberg)

Nov. 28 (Bloomberg) — India, the world’s top recipient of migrant remittances, is examining the effect Dubai’s attempt to delay debt repayments may have on Asia’s third-largest economy, central bank Governor Duvvuri Subbarao said.

Dubai blackout over debt plans to hit Gulf markets (AFP via Yahoo! News)

A lack of details on how Dubai plans to pay off its 80-billion-dollar debt mountain will hit Gulf stock markets sharply this week when they trade for the first time since news broke of the emirate’s problems, analysts predict.

Dubai ruler’s dream turns to debt nightmare (AFP via Yahoo! News)

Dubai ruler Sheikh Mohammad bin Rashed al-Maktoum, who put his desert emirate onto the world map with a rapid development drive, now faces a debt crisis that could wreck his dream.

Gold Drops for Second Day as Dubai Debt Concern Boosts Dollar (Bloomberg)

Nov. 27 (Bloomberg) — Gold declined for a second day, extending its retreat from an all-time high as a stronger dollar damped demand for the precious metal as an alternative asset.

State Salvations: Local Consolidation (The MetroWest Daily News)

The idea of Hamilton and Wenham combining services was nothing new. After all, the two towns have shared a school district, an emergency dispatch center, library and facilities manager since the 1960s.

Hryvnia Risks Weakening on Tensions With IMF, Naftogaz Debt (Bloomberg)

Sept. 7 (Bloomberg) — Ukraine’s hryvnia risks weakening on concern cooperation with the International Monetary Fund will deteriorate and debt restructuring for the state-run NAK Naftogaz Ukrainy will be prolonged before presidential elections in January, Royal Bank of Scotland Group Plc said.

UAE sets up public debt management unit

ABU DHABI – The United Arab Emirates (UAE) finance ministry has set up a special unit to manage public debt, WAM news agency reported Monday.

Raising to calm debt headache for Sigma (Herald Sun)

PHARMACEUTICALS group Sigma is hoping to retire more than $200 million of bank debt using cash to be raised through a fresh capital raising, it announced.

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