You Searched For "bailouts" and got 20 results
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1 min read
Argentina plans to repay some yuan borrowings from Chinese currency swap using IMF bailout money
Argentina is expected to pay the equivalent of $1.7 billion to China's central bank as soon as this…
Filip De Mott
2 mins read
Marc Andreessen says student loan forgiveness is a 'bailout.' Ben Horowitz thinks college is mostly 'a scam.'
Marc Andreessen and Ben Horowitz spoke at length in a podcast about American higher education and s…
Kali Hays
3 mins read
Warren Buffett has weighed in on bank runs, bailouts and the dangers of insuring deposits. Here are 9 quotes that shed light on today's banking crisis.
Buffett has explained how to calm bank panics, warned that government guarantees distort markets, a…
Theron Mohamed
1 min read
The Pakistani rupee has plunged after soaring as the world's top performing currency. What happened?
After a brief spike last month, Pakistan's rupee is on track to be the worst performing Asian curre…
Aruni Soni
2 mins read
Warren Buffett joked he'd be 'eating Thanksgiving dinner at McDonald's' if the US government didn't bail out the banks in 2008
Buffett probably wouldn't mind celebrating Thanksgiving at McDonald's, as he grabs breakfast there …
Theron Mohamed
1 min read
Argentina used Chinese yuan for part of its payment to the IMF as US dollars remain scarce
To meet maturity payments on its $44 billion debt deal with the IMF, Argentina has previously tappe…
Filip De Mott
1 min read
HSBC acquires UK arm of Silicon Valley Bank for £1
HSBC says that the transaction "completes immediately" and will be funded from existing resources. …
4 mins read
SVB solution ensures taxpayer dollars are not put at risk: President Biden
The US President, Joe Biden, assures the American people and businesses that a resolution of the co…
PTI
1 min read
Russian cuts to gas supplies force German utility Uniper to seek government bailout
German-based Uniper already faced a cash crunch before Russia invaded Ukraine and shook energy mark…
Brian Evans
2 mins read
Wall Street reacts to Silicon Valley Bank's bailout
The initial reaction to the bailout of Silicon Valley Bank has not been kind to regional banks, whi…
Dan DeFrancesco
1 min read
Cuts from Russia's Gazprom have forced a 2nd German gas supplier to ask for a government bailout
German gas supplier VNG is asking for a government bailout over cuts from Gazprom to Europe. Uniper…
Brian Evans
6 mins read
War rooms and bailouts: How banks and the Fed are preparing for a US default
Convening war rooms, planning speedy bailouts and raising house-on-fire alarm bells: Those are a fe…
PTI
2 mins read
US stocks tumble as Nvidia-led rally fizzles ahead of Powell's Jackson Hole speech
Indexes dropped despite Nvidia stock hitting an all-time high after the chipmaker's blowout second-…
Phil Rosen
2 mins read
Warren Buffett had at least 3 chances to bail out Lehman Brothers before it collapsed. Here's why he didn't take them.
The billionaire boss of Berkshire Hathaway analyzed the ailing Wall Street bank and spotted a bunch…
Theron Mohamed
1 min read
Russian oil and gas exports help the Kremlin add $9.5 billion to an emergency fund as bailouts pile up amid Western sanctions
"The funds will be used in part to implement measures aimed at ensuring the stability of economic d…
Phil Rosen
3 mins read
Tough times ahead for Pakistan as talks with IMF fails over bailout package
Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…
ANI
4 mins read
Republicans are slamming the bailout of Silicon Valley Bank's customers, saying it's a giveaway to the rich
GOP lawmakers called out the federal bailout as an effort to help wealthy depositors, rather than p…
Ayelet Sheffey,Juliana Kaplan
2 mins read
Chinese authorities are auditing the assets of Evergrande and its billionaire boss to determine if it needs a bailout: Reuters
The government has stepped in to manage Evergrande's crisis after it said there was "no guarantee" …
Huileng Tan
2 mins read
The Silicon Valley Bank crisis is 'clearly' a bailout, says former FDIC chairman William Isaac
"It's not a bailout of the shareholders. They're getting wiped out. That's great, and they should b…
Cheryl Teh
2 mins read
California Gov. Gavin Newsom failed to publicly disclose his SVB ties while lobbying for a bailout
Reports link Newsom to the failed SVB through personal accounts, three Newsom-owned wineries, and h…