The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange in New York, US, March 30, 2017.The company logo and trading information for BlackRock is displayed on a screen on the floor of the New York Stock Exchange in New York, US, March 30, 2017.
“It is … imperative that BlackRock and other bondholders agree to fully engage in a large-scale debt restructuring, including significant haircuts, in order to make Zambia’s debt sustainable,” they wrote. “It would appear unlikely that the full value of the investments will ever be realised,” the BlackRock spokesperson said. “Our clients have already experienced losses with respect to their holdings of private sector sovereign debt of Zambia.”
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Ask China to cancel its debt too:
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steve_hanke , who understands these issues better; joseph_kalimbwe mhofela_mhofu
Why?
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
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European stocks dip as investors brace for US rate hike, global slowdownEurope’s STOXX 600 was down 1.2%, London’s FTSE 100 0.1% and Germany’s DAX 1.8% Lockdown prophets should be sent to salt mines
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