A $500 billion corporate debt storm is brewing over the global economy, generating bankruptcies and unemployment, writes Bloomberg, reminding us that the era of easy money is over. A $500 billion corporate debt storm is brewing over the global economy Richard Cooper, a partner at a leading corporate bankruptcy law firm, has advised companies around … Read more
The giant Chinese real estate company, Evergrande, announced Monday a net loss of more than $ 113 billion in 2021 and 2022, and about $ 340 billion in debt. Evergrande said in a report that the loss showed “the existence of material uncertainties that may cast doubt on the group’s ability to continue”. It was … Read more
The situation on the real estate market will soon turn into an economic collapse, the likes of which we have not experienced in the Czech Republic for thirty years. It follows from the knowledge of companies operating on the market. What leads to such a conclusion? A few years ago, many companies, developers, borrowed billions … Read more
A state of anxiety afflicts the owners of mortgage housing in Britain whenever the Bank of England raises interest rates in an effort to reduce inflation. There was a lot of talk about the disastrous picture of banks confiscating housing due to the inability of their owners to pay their monthly installments. Nothing has happened … Read more
Russia’s Foreign Minister Lavrov has said that armed conflict in Ukraine will continue until the West abandons its plans to dominate and defeat Russia. The Russian Ministry of Foreign Affairs released the contents of the interview published in the Indonesian newspaper Compass on the 12th. Representative photo taken in Moscow on October 10 (2023 REUTERS) … Read more
It is said that it was not only untreated depression that led Petra Clinic co-owner Tomáš Řehořek (†44) to commit suicide. His marriage was going through a crisis, which was confirmed by Bleska’s widow Petra (47). And that was because of investments on which the spouses did not agree. The owner of an aesthetic medicine … Read more
Ukrainian military serviceman Igor Ovcharruck holds a defused cluster bomb from an MSLR missile, among a display of pieces of rockets used by Russian army, that a Ukrainian munitions expert said did not explode on impact, in the region of Kharkiv, Ukraine, October 21, 2022. REUTERS/Clodagh Kilcoyne [ワシントン ６日 ロイター] – The United States plans … Read more
They looked content when they finally broke away from the royal family. But now they may be realizing what they have lost. According to royal correspondent Tom Bower, Meghan is due Harry’s already fed up and they even say they live separately! He further stated that their marriage is negatively affected by work failures. According … Read more
Major automakers on Wednesday reported higher quarterly U.S. sales, reflecting higher vehicle inventories and support from a strong labor market. General Motors (GM) posted a 19% rise in second-quarter shipments to 691,978 units, thanks to strong gains for its Sierra pickup truck and its upscale Cadillac brand. The American giant also mentioned the progress in … Read more
Kremlin spokesman Peskov dismissed a report by the Financial Times that Chinese President Xi Jinping had warned Russian President Vladimir Putin over the use of nuclear weapons in Ukraine. REUTERS/Sputnik/Mikhail Tereshchenko/Pool via REUTERS [モスクワ ５日 ロイター] – Kremlin spokesman Dmitry Peskov said on the 5th that Chinese President Xi Jinping had warned Russian President Vladimir … Read more