IMF approves Iceland review, to disburse $167.5 mln
By Lesley Wroughton WASHINGTON, Oct 28 (Reuters) – The International Monetary Fund on Wednesday approved a long-delayed review of Iceland’s economic performance under an IMF loan program and said the crisis-hit economy could begin to turn the corner by the middle of next year.
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Thomson restructuring auction puts credit derivatives in spotlight
By Jane Merriman LONDON, Oct 7 (Reuters) – The opaque world of credit derivatives is in the spotlight ahead of an auction to settle contracts on a debt restructuring at French electronics company Thomson that could expose flaws in the process.
Kazakhstan sets Dec.7 deadline for BTA debt talks
ASTANA, Oct 1 (Reuters) – Kazakh state-run bank BTA <BTAS.KZ> has until December 7 to finalise its $10 billion debt restructuring deal, the banking regulator said on Thursday. (more…)
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