Category: bailout

Inflation Rising as Government Raises Debt by ‘Enormous Amount’—Interview With Barbara Kolm

July 30, 2021
bailoutChinaCOVID-19Crossroadsdigital currencyEpoch TVVienna
0 Comment

With multi-trillion dollars in spending at the federal level for COVID-19 bailout packages, and with additional spending planned for policies including the infrastructure bill, there’s now talk of potential inflation. As China pushes its new digital currency and is trying to reform the global financial model, the stability of the U.S.-led financial system is being…

Read More

Eurostar Secures £250 Million Bailout After Collapse in Demand

May 18, 2021
bailoutcoronavirus crisisEuropeWorld
0 Comment

Eurostar has secured a £250 million ($354 million) rescue package after warning it was “fighting for its survival” due to the coronavirus crisis. The cross-Channel rail operator said it has reached a financing agreement with its shareholders and banks. This includes French state rail company SNCF, which is the company’s majority shareholder. The UK sold…

Read More

Banks’ Trillions in Climate Financing Pledges Are a Bailout Hazard, Experts Warn

April 27, 2021
bailoutBusinessclimateEconomieseconomyPolicyPoliticsUS
0 Comment

News Analysis Trillions in financing pledged by banks to climate change projects present an unprecedented gamble that could end up in potentially the largest government bailout ever seen, warned several experts on environmental policy and investment. Many of the world’s largest banks have recently made pledges to direct trillions in investments to projects meant to…

Read More

Banks’ Trillions in Climate Financing Pledges Are Bailout Hazard, Experts Warn

April 27, 2021
bailoutBusinessclimateEconomieseconomyPolicyPoliticsUS
0 Comment

News Analysis Trillions in financing pledged by banks to climate change projects present an unprecedented gamble that could end up in potentially the largest government bailout ever seen, warned several experts on environmental policy and investment. Many of the world’s largest banks have recently made pledges to direct trillions in investments to projects meant to…

Read More