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Rice mill owners often employ workers who live in harsh conditions on farms. [14] Workers receive such low wages that they must borrow money from their employers causing them to be tied to the rice mill through debt. [14] For example, in India, the average pay rate per day was $0.55 American dollars as recorded in 2006. [14]
Spanish and Italian leaders have called for jointly issued "corona bonds" in order to help their countries, hard-hit by the outbreak of coronavirus disease 2019, to recover from the epidemic. [33] Corona bonds were discussed on 26 March 2020 in a European Council meeting, but Germany and the Netherlands ruled out issuing such bonds.
In finance, a holdout problem occurs when a bond issuer is in default or nears default, and launches an exchange offer in an attempt to restructure debt held by existing bond holders. Such exchange offers typically require the consent of holders of some minimum portion of the total outstanding debt, often in excess of 90%, because, unless the ...
Spain’s second-largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. BBVA has closed the deal with ...
After Donald Trump surrenders to Fulton County authorities Thursday, the former president will be released from custody in Georgia under an already agreed-upon set of conditions, including a ...
In June 2012, the Spanish 10-year government bond reached 7%, 5.44% over the German 10-year bond. [71] As Spanish credit default swaps (CDS) hit a record high of 633 basis points and the 10-year bond yield at 7.5% (23 July 2012), Spain's economic minister traveled to Germany to request that the ECB facilitate government bond purchases to "avoid ...
Currency Country Generic Name or Nickname Public sector debt 2022 (US dollar bn nominal equivalent) Government financial liabilities as % of GDP (end 2022 - source : OECD) ...
It was reported that three children left a home with their mother, who does not have rights to them due to bond conditions. Police cancel Amber Alert for 3 children allegedly abducted by mother in ...