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Forwarded from Digital Nukes
Forwarded from Digital Nukes
Forwarded from Digital Nukes
Forwarded from QuantumLight1111
Evergrande and Kaixa have defaulted on their debt. What's next?
Forwarded from RT News
UPDATE: Evergrande & Kaisa cut by Fitch Ratings to "restricted default" after missed pay deadlines

Property developers China Evergrande Group and Kaisa Group were downgraded to "restricted default" by rating agency Fitch Thursday, due to non-payment of offshore bond dues.

Fitch said Evergrande did not respond to its request for confirmation on the coupon payments worth $82.5mn that were due last month with the 30-day grace period ending this week - noting: "we are therefore assuming they were not paid."

Fitch also cut its rating on Kaisa to restricted default, citing its failure to repay a $400mn dollar bond that matured Tuesday, while a source said Kaisa had started work on restructuring its $12bn offshore debt. (Reuters)

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Do you see it?
Do you FEEL IT?
Believe.
God made all kinds of souls for His Kingdom.
Stop trying to fit into whatever box they told you you needed to sit in.
Forwarded from Insider Paper
Forwarded from Insider Paper
NEW: Massive planet 10 times bigger than Jupiter discovered by Astronomers

More: https://cutt.ly/nYEGEK7

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Convenient.
Forwarded from Insider Paper
NEW: NASA launches X-ray space telescope to unlock the secrets of black hole

More: https://cutt.ly/XYEJXug

Follow @insiderpaper
Forwarded from David Avocado Wolfe
Media is too big
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Another One Bites the Red Pill (2 min 12 seconds)
Cocaine Mitch caved on the debt ceiling. Is anyone surprised?
Sorry to anyone living in Portland who is trapped there.
I’m praying for you.
Forwarded from AngieQ
Okay this is really weird I was changing my calendar cuz I haven't been at my old house for a while. And I noticed for December the picture is not a Christmas picture for December. But of a celebration. 👀
Forwarded from 2021
Do you belive in Concidence?