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Venezuelan Bolivar Plunges to Record Low on Black Market; Bond Default Coming Up in October?

MishTalk

percent in May, the last month for which figures are available, while according to economists surveyed by Bloomberg gross domestic product shrank 2.1 Venezuela’s benchmark dollar bonds due in 2027 fell 0.44 I wonder why 2027 bonds trade as high as 79 cents on the dollar, even with 12.56% interest rate. cent at 12:37 a.m.

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Ukraine PM Accuses Russia of Wanting WWIII; Kiev Forces Block Rebel Town; Russia Issues Downbeat Economic Statement

MishTalk

On Friday, April 25th, Russia’s central bank raised its benchmark interest rate by 50 basis points to 7.5 The past few days have been particularly painful for Russian fixed income,” Benoit Anne, the London-based head of emerging-market strategy at Societe Generale SA, said by e-mail yesterday. The Russian economy expanded 1.3

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Digital Transformation Is Racing Ahead and No Industry Is Immune - SPONSOR CONTENT FROM DXC TECHNOLOGY

Harvard Business

A 2014 study from Constellation Research quantified the accelerating rate of change in the enterprise by examining a simple benchmark — the entry and exit of U.S. At the present rate of churn, Innosight’s research estimates three-quarters of today’s S&P 500 will be replaced by 2027.