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At Close: May 21, 2024
I slept with my son to give my husband a child’
04:51am, Sunday, 06'th Mar 2022 News Mirror
It sounds abominable in every sense of the word that a woman would sleep with her own biological son just to test her fertility after failing to get pregnant for her husband in her second marriage. But that was exactly the case with Matina Agawua, a native of Yelwata, a remote settlement in Nasarawa State. She slept with the son she had from her first marriage to please her new husband who was threatening an end to their relationship if she would not conceive a baby. Matina, who lost her first husband to herdsmen attack after they were married for about two years, had just a son and decided to remarry after spending 13 years as a widow. But for more than six years after getting married to her second husband, an indigene of Toto Local Government Area of Nasarawa state identified simply as Mr. James, she could not conceive a child for what she said was no fault of hers. “We had been married for more than six years but were still childless due to my husband’s fault, according to doctor’s report, and I was hearing from the grapevine that he was planning to take a second wife on the grounds that I could not give him a child” Matina told our correspondent.
Ukraine war tests China’s ‘no-limits’ bond with Russia
04:50am, Sunday, 06'th Mar 2022 Inquirer News Info
BEIJING -- Chinese President Xi Jinping and Russian counterpart Vladimir Putin toasted a friendship with "no limits" at a warm meeting in February, but just one month later that bond is being tested by the war in Ukraine. With international outrage and sanctions mounting against Russia, Beijing is scrambling to avoid being tainted by association with Moscow while also maintaining their increasingly close ties. Once bitter Cold War rivals, China and Russia have moved closer than ever since Xi Jinping took power nearly a decade ago, driven by their shared desire to confront US power. But China seems to have been caught flat-footed by Russia''s military offensive, fier… Keep on reading: Ukraine war tests China’s ‘no-limits’ bond with Russia
We are in a shock setup; not the time to dial risk: Maneesh Dangi
03:41am, Sunday, 06'th Mar 2022 Economic Times India
“This is not a very good macro set up and not just for the reasons that I have mentioned for the last five-six months, The shock is that suddenly crude is deviating dramatically from its trend line. Now we have been served a $60-70 billion bill by the rest of the world in the form of higher crude prices, higher fertiliser prices, coal prices and so on and so forth. Who is going to foot the bill? It is not going to be a good deal for both bond markets and equity markets.”
Ukraine War Tests China''s "No Limits" Friendship With Russia
03:03am, Sunday, 06'th Mar 2022 NDTV
Chinese President Xi Jinping and Russian counterpart Vladimir Putin toasted a friendship with "no limits" at a warm meeting in February, but just one month later that bond is being tested by the war…
U.S Mortgage Rates Slide in Response to Russia’s Invasion of Ukraine
11:30pm, Saturday, 05'th Mar 2022 FX Empire
A jump in demand for U.S Treasuries weighed on U.S Treasury yields and mortgage rates as investors responded to Russia’s invasion of Ukraine.
Sanjay Leela Bhansali rejects Deepika Padukone, here’s why
01:10pm, Saturday, 05'th Mar 2022 The Siasat Daily
Mumbai: Filmmaker Sanjay Leela Bhansali and actor Deepika Padukone share a great bond both professionally and off screen. Both have collaborated for three films — Ram Leela, Bajirao Mastani and Padmaavat. All three films were box office hits. But for Gangubai Kathiawadi, which got released last week, Bhansali preferred Alia Bhatt over Deepika. Earlier, several … Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .
Argentina bonds sink in snub to $45 billion IMF deal
11:44pm, Friday, 04'th Mar 2022 Metro US
BUENOS AIRES/NEW YORK (Reuters) – Argentine sovereign bonds tumbled some 2.3% on Friday, a day after the government struck a $45 billion staff-level agreement with the International Monetary Fund, a painful reminder that investors remain wary of the country’s economic outlook. The government and IMF announced the agreement on Thursday for a 30-month extended fund … Read More
Best''s Commentary: US Insurers'' Indirect Exposures to Russia May Be Significant
09:34pm, Friday, 04'th Mar 2022 Benzinga
The impact of the conflict between Russia and Ukraine on U.S. insurers'' direct investments to the two countries appears to be limited, as they have less than $2 billion bonds exposed to Russia and Ukraine. However, according to a new AM Best commentary, insurers'' indirect exposures may be more substantial. In its Best''s Commentary , "US Insurers'' Indirect Exposures to Russia May Be Significant," AM Best estimates that the largest exposure at any company is less than 2% of capital and surplus, with the vast majority of these bonds investment grade NAIC-2. The commentary notes that higher capital charges could result if the issues were to fall … Full story available on Benzinga.com
Insurance - Best''s Commentary: US Insurers'' Indirect Exposures to Russia May Be Significant
08:39pm, Friday, 04'th Mar 2022 Business Mag
The impact of the conflict between Russia and Ukraine on U.S. insurers'' direct investments to the two countries appears to be limited, as they have less than $2 billion bonds…
Economy - Markets Care More About Inflation Than Job Gains
07:05pm, Friday, 04'th Mar 2022 Business Mag
Bonds are increasingly suggesting that the Fed will be unable to constrain rising consumer prices without tipping the economy into a recession.
Stock Trading Halt on Russian Firms Risks $2.4 Billion in Bond Defaults - BNN Bloomberg
05:04pm, Friday, 04'th Mar 2022 BNN Bloomberg
Investors in the debt of Russian companies registered abroad are poring over the details of bond contracts to figure out if the suspension of the firms’ shares means they can demand early repayment in full.
Russia May Default. Passive Funds Still Have to Own Its Bonds.
04:15pm, Friday, 04'th Mar 2022 Barron''s
Russia’s next foreign-currency debt payment is due March 16, according to Bloomberg data, and pricing on that debt reflects substantial risk, as it was quoted around 30 cents on the dollar.
Canara bank raises ₹1K cr via AT-1 bonds at 8.07 per cent coupon
02:42pm, Friday, 04'th Mar 2022 The Hindu BusinessLine
The issuance had a base issue size of ₹250 crore and green shoe option of 750 crore
Canara Bank raises Rs 1,000 cr through Basel-III compliant AT-1 bonds
01:43pm, Friday, 04'th Mar 2022 Business Standard
The bonds carry coupon rate of 8.07 per cent per annum
Dow Jones Futures Sell Off As Russia Seizes Ukrainian Nuclear Power Plant; Key Jobs Report Up Next
01:05pm, Friday, 04'th Mar 2022 Investor''s Business Daily
Dow Jones futures dropped, bonds rallied Friday, as Russia seized a Ukrainian nuclear power plant. February''s jobs report is up next.