The transaction represents QIIB's
first international debt capital markets issuance
Clifford Chance (CC) and Allen & Overy (A&O) are advising as Kuwait plans to raise as much as $ 9.5 bn (# 7.8 bn) in
its first international debt sale.
Not exact matches
And for the
first time since the final quarter of 2011, China's
debt - to - GDP ratio didn't increase and stayed unchanged at 255.9 percent in the second quarter this year, latest data by the Bank for
International Settlements showed.
While both the Oakmark
International and
International Small Cap Funds had acceptable investment performance in the fourth quarter of 2011, the full year was not good for global equities or for our two Funds, as natural disasters (
first in Japan, later in Thailand) and Europe's sovereign
debt crisis took their toll.
As far as I am aware, this agreement is the
first since the Young Plan for Germany's reparations
debt to subordinate
international debt obligations to the capacity - to - pay principle.
The mechanisms of this
international capitalist recession, the latest of which, to date, some would like to see as the
first crisis of world capitalism, are well known: contraction in production and trade; deflationary trends; massive growth in the volume of loans accumulated by
international banks on countries or on the major industrial and banking groups, loans which become transformed into irrecoverable
debts; brutal capital withdrawals from countries by the major financial operators, which live from the revenue from parasitical investments in bonds, shares and other derivatives.
Global beer giant SABMiller has completed its
first ever Australian corporate bond issue, raising $ 700 million of five year
debt from local and
international investors.
Chancellor of the Exchequer Gordon Brown has announced Tanzania is to become the
first developing country to have its
debt written off under the
international finance facility.
As of the
first quarter of 2012, Turkey had a public
debt balance equal to 43 % of annual GDP, making it one of the better financed governments in all of Europe (see how the fiscal strength of many emerging markets like Turkey in High Yield
International Bond ETFs can deliver strong returns with low correlation).
According to the Institute of
International Finance (IIF), China's household
debt - to - GDP ratio hit a record high of 45 % + in the
first quarter of this year.
They have been working hard towards becoming
debt free to travel the world, and start their
first international adventure in 2014.