Sovereign policy

Article Abstract:

There is a risk that a sovereign government could forcibly reschedule Eurobond obligations, and even default. Pakistan is a possible borrower which could reschedule, and there is concern that larger debtors could follow. There are good reasons for seeking to involve bondholders in debt reschedulings, despite the practical problems involved, such as the large number of bondholders for any particular issue. Some bonds could become more attractive if an orderly renegotiation is possible.

Government Bonds, Editorial, Economic aspects, Government securities, External debt relief, Debt relief, Default (Finance)

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Article Abstract:

Russia is taking steps to prevent its artistic treasures from being sold out of the country illegally. It also may negotiate with Germany over the possible return by both countries of art works stolen from each other during the second world war.

Russia, Art, Art industry, Art industries and trade, Cultural property, Protection of, Cultural property protection

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