Noticias de dinero

ACEN issues $320-M corporate guarantees

ACEN Corp., the Ayala Group’s renewable energy platform, said on Monday that it had issued corporate guarantees amounting to an aggregate of $320 million in favor of two lenders of its subsidiary, ACEN Cayman. In a filing with the stock exchange, it said that on January 12, it executed parent company guarantees in favor of

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Deportes

IOC guarantees boxing place in Olympics despite IBA exclusion

The International Olympic Committee on Thursday withdrew its recognition from boxing’s governing body, the IBA, but said the sport would be included in the 2024 and 2028 Games in Paris and Los Angeles. The IOC Executive Board voted by a vote of 69 to one with 10 abstentions to exclude the International Boxing Association (IBA)

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Global

Macron called on NATO for “tangible” security guarantees for Ukraine

French President Emmanuel Macron on Wednesday urged the West to provide Ukraine with “tangible and credible” security guarantees as it fights against a Russian invasion. Emphasizing that Ukraine “today is protecting Europe,” Macron said in Bratislava that it is in the West’s interests for Kyiv to receive security guarantees from NATO. “That’s why I’m in

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Noticias de dinero

The head of the National Water Board guarantees sufficient water supply for irrigation of farms and fisheries, despite the drought

The National Water Resources Board (NWRB) assured on Thursday that the Angat Dam will have enough water to provide irrigation to farmers in Central Luzon by the start of the planting season next month. NWRB Executive Director Sevilo D. David Jr. made the assurances after the Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) announced

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Global

There are no guarantees of republican unity in CPAC

National Harbor, Maryland. — When she stepped onto the stage of the Conservative Political Action Conference, the audience erupted in thunderous applause. It was Marjorie Taylor Green, a Georgia congresswoman known for her unwavering loyalty to former President Trump. For the next 10 minutes, she railed against Democratic lawmakers and transgender rights, warning that the

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Noticias de dinero

Time to abandon “financial guarantees”?

Lee Buheit is Professor of Law (Hons) at the University of Edinburgh. modern sovereign debt restructuring one would expect it to unfold more or less like this: • The debtor country approaches the IMF for a program. • Fund staff prepares a Debt Sustainability Analysis (DSA). • If a country’s debt is deemed “unsustainable” by

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