SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has discussed with the ...
Read More »Buying junk debt shows ECB is getting desperate
Would you lend taxpayer money to Volkswagen AG, the disgraced automaker that’s worth 35 percent less than it was a year ago? How about providing financial succor to Telecom Italia, which both Moody’s Investors Service and S&P Global Ratings regard as a junk borrower unworthy of investment grade status? Those are just some of the unintended consequences of the ...
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