WASHINGTON / WAM The World Bank expects the UAE economy to grow by 5% in …
Read More »Another big fat Indian deleveraging
India’s ‘House of Debt’ is still swaying, though a little less dangerously than before. For the country’s highly leveraged companies, the year is closing on a somewhat more cheerful note than seemed possible six months ago. First, it was the billionaire Ruia brothers delivering the good news to Standard Chartered Plc and other creditors. As much as $5 billion …
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