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Business

Sri Lanka in talks with bondholders to avoid default, says finance minister

Sri Lanka is negotiating debt relief with international bondholders and is weighing an approach to the IMF, as the country…

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Entertainment

Omicron triggers lockdown by default across US as businesses shutter due to outbreaks

The Omicron variant is triggering a de facto lockdown in parts of the country as scores of businesses shutter on…

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Business

Global financial crisis fears: Evergrande to engage with creditors after default

The world’s most indebted property developer has more than $300bn (£224.67bn) worth of liabilities and has been missing payment deadlines…

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Business

Biden signs debt ceiling increase, preventing first-ever U.S. default

U.S. President Joe Biden speaks prior to signing an executive order intended to reduce bureaucracy around government services for the…

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Technology

Windows Terminal will soon be the default command line tool for Windows 11

Microsoft has revealed that Windows Terminal will become the default command line experience in Windows 11 beginning next year. According…

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Washington

Congress sends Biden $2.5T debt limit hike, avoiding default

WASHINGTON (AP) — Congress averted a catastrophic debt default early Wednesday morning after Democratic majorities in both chambers voted to…

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Business

US Senate votes to lift debt ceiling to narrowly avoid default

The US Senate voted on Tuesday evening to raise the government borrowing limit by $2.5tn, in an eleventh-hour effort to…

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Business

Senate poised to raise debt limit by $2.5T, avoiding default

Congress is moving to lift the nation’s debt limit by $2.5 trillion By BRIAN SLODYSKO Associated Press December 14, 2021,…

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Business

China Evergrande’s default sparks concerns for Xi Jinping’s economy: ‘Serious questions’

The property giant faces debts of £220billion and missed a key bond repayment of $82.5million (£61million) which had been due…

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Business

Evergrande slides into default while some ratings agencies keep quiet

An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING —…

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