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Browsing Tag

Debt

Greensill Capital: The Collapse of a Firm Constructed on Debt

LONDON - Das Gerichtsgebäude sollte für diesen Tag bereits geschlossen sein.Bei einer Anhörung, die am 1. März um 17.00 Uhr begann, argumentierten Anwälte von Greensill Capital verzweifelt vor einem Richter in Sydney, Australien, dass die…

Europe’s Pandemic Debt Is Dizzying. Who Will Pay?

PARIS - For almost six months, Philippe Boreal and 120 of his colleagues have been paid to stay off their jobs at a luxury hotel in Cannes that had to close due to the pandemic.Mr Boreal, who has been a caretaker for 20 years, is grateful…