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Joined 1 year ago
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Cake day: June 10th, 2023

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  • LONDON, June 17 (Reuters) - Ukraine has not been able to reach an agreement with a group of bondholders over restructuring some $20 billion of international debt during formal talks, it said on Monday, raising the spectre that the war-torn country might slip into default.

    An agreement with holders of international bonds that allowed Ukraine to suspend payments after Russia's invasion of the country in 2022 ends in August.

    Ukraine's Finance Minister Serhiy Marchenko said talks would continue and he expected the government to reach an agreement by Aug. 1. The country's dollar-denominated eurobonds fell by more than 2.0 cents with near-term maturities trading at deeply distressed levels between 26-30 cents on the dollar.

    Formal talks with the ad-hoc bondholder committee had been underway for nearly two weeks, as Ukraine seeks to rework its debt in order to retain access to international markets while meeting International Monetary Fund (IMF) demands to restructure.

    Heh





  • Well if it isn't the consequences of my own actions...

    The euro’s share of global foreign exchange holdings fell last year amid concerns that plans to use frozen Russian assets to finance Ukraine could further erode the appeal of Europe’s single currency.

    Other countries cut euro assets in their central bank reserves by about €100bn last year, a drop of nearly 5 per cent, the European Central Bank said in a report published on Wednesday.

    That reduced the single currency’s share of global foreign exchange reserves to a three-year low of 20 per cent.


  • Response from Hamas: https://t.me/PalestineResist/44163

    🟢 Senior Hamas leader, Osama Hamdan: — The movement has shown responsiveness and positivity towards all proposed ideas for a ceasefire.

    We have called for a permanent ceasefire and are ready for a fair prisoner exchange deal.

    Despite its flaws, the UN Security Council resolution emphasizes a permanent halt to fighting and the withdrawal of the occupation from the Gaza Strip.

    The Security Council resolution will not take effect on the ground unless the occupation agrees to it.

    The resolution contains points we do not accept, but its main aspects are positive.

    Blinken is one of the obstacles to reaching an agreement because he acts solely according to "israel's" wishes.

    The problem in the entire situation is the American stance, and Blinken needs to be more precise.

    All disruptions were carried out by "israel" with American approval.

    Attempts to pressure mediators will not succeed in changing Hamas’s stance.