EMerging Equity
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Iraq Considering $6 Billion Bond Issue As Revenues Plunge
Iraq is said to be discussing a possible bond issue worth around $6 billion with Deutsche Bank and Citibank in an effort to cover a “huge” projected budget deficit this year, Finance Minister Hoshiyar Zebari said, according to Reuters. Revenues in the nation have plunged along with the price of oil just as Iraq faces an expensive military campaign … Continue reading
Narendra Modi: Meeting With Takehiko Nakao, President Of The Asian Development Bank
The President of Asian Development Bank, Mr. Takehiko Nakao, called on the Prime Minister, Shri Narendra Modi, February, 5th. The Prime Minister urged Mr. Nakao that the Asian Development Bank should take up the Railways sector in India as a priority, and complete one transformational project which will create a visible impact. He suggested that … Continue reading
Ebola In Africa: IMF Grants $100 Million To Guinea, Liberia And Sierra Leone
The International Monetary Fund has granted Guinea, Liberia and Sierra Leone debt relief of about $100 million in total. The IMF additionally offered the nations $160 million in zero-interest loans. “Those three countries are going through a very, very dramatic ordeal that combines pandemics, the risk of isolation” told Christine Lagarde, IMF Managing Director. The … Continue reading
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