Bailout

Goldman Sachs Investors Eye Canadian Assets as Northvolt Stands on the Brink of Bailout

2 months ago

In a striking turn of events, investors from Goldman Sachs are actively exploring collateral opportunities in Canada as the beleaguered battery manufacturer Northvolt inches closer to a potential bailout deal. The urgency surrounding the situation stems from Northvolt's struggles to secure adequate funding, prompting concerns among its stakeholders about the company's long-term viability.

Europe’s Banking Sector Faces New Reality As Governments Retreat from Bailouts

2 months ago

In a significant shift in policy, European nations are moving away from their previous practice of bank bailouts, a strategy that characterized the financial crises of the past decade. This transformation comes as governments sell off their stakes in major banking institutions, marking an end to an era of state intervention that saw billions in taxpayer money funneled into saving troubled banks.

Escalating Unrest: Protests Erupt in Pakistan Over Tax Hikes Linked to IMF Bailout

2 months ago

Protests have surged across Pakistan in recent days as citizens express their discontent over escalating taxes introduced as part of a bailout agreement with the International Monetary Fund (IMF). The government's decision to raise taxes has sparked outrage, leading to widespread demonstrations in multiple cities. These events reflect the growing frustration among the populace as they confront an increasingly challenging economic landscape.