The Loadstar


PIIE: How to restructure sovereign debt – lessons from four decades

WORKING PAPER
“This paper discusses the process of restructuring a sovereign’s debt once this step becomes unavoidable. All sovereign debt workouts are painful—for the debtor country, its citizens, its creditors, and its official sector sponsors. If mishandled, however, a sovereign …






Ti: SingPost prepares US exit as e-commerce headwinds bite

As I wrote for Transport Intelligence: “SingPost’s annual results to the end of March 2019, which were released this week, were a mixed bag, to put it mildly. Revenues rose 2.9% to S*$1.55bn from S$1.51bn one year earlier, largely thanks …