July 6, 2022 – Page 5 – The Cheap Investor

Sri Lanka’s crisis rings alarm for other troubled economies

The Cheap Investor3 years ago3 years ago07 mins

BANGKOK (AP) — Sri Lanka is desperate for help with weathering its worst crisis in recent memory. Its schools are closed for lack of fuel to get kids and teachers to classrooms. Its effort to arrange a bailout from the International Monetary Fund has been hindered by the severity of its financial crisis, its prime…

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Reuters

Global Corporate Debt To Drop Amid Higher Funding Costs, Study Finds

The Cheap Investor3 years ago02 mins

By Davide Barbuscia NEW YORK (Reuters) – Global corporate net debt has fallen by 1.9% to $8.15 trillion in the past year as higher borrowing costs reduce appetite for new financing and strong cash flows from years of accommodative monetary conditions help companies repay existing debt, a study of 900 top firms released on Wednesday…