The Ghanaian government just cleared 10 billion cedis, about $910 million, in interest payments under its Domestic Debt Exchange Programme. This marks the sixth time the country has made a coupon payment since it started restructuring its debts in 2022. The ministry said the move is meant to calm
Venezuela is in a tough spot. It owes a lot of money to many people. The country stopped paying its debts back in 2017. Now, the total amount it owes is much bigger than the original loans. This is because of unpaid interest and legal claims. One of the big problems is that Venezuela's economy is n
PRFoods kicked off its 2025/2026 financial year in a tough spot. The economy was shaky, and people weren't spending as much as before. Sales dropped by 21%, mainly because their Estonian branch saw a huge 64. 7% drop in sales. The UK market stayed steady, making up 85. 4% of their total sales. Mone
Zambia has just received a big thumbs-up from S&P Global Ratings. The country's credit rating has been upgraded, and it's no longer considered in default. This is a huge deal because it shows that Zambia is getting its financial act together. For years, Zambia has been struggling with a lot of debt
At Home, the company known for selling home decor and furniture, is going through a big change. The firm has more than 200 stores across the United States. They have decided to file for Chapter 11 bankruptcy. This move is part of a plan to fix their financial problems. The goal is to get rid of $2
