Lula and Janja eyesonbrasil Amsterdam, April 6th 2025–Brazil’s Federal Attorney General’s Office (AGU) issued an opinion last Friday, April 4th, defining guidelines for the role of the president’s spouse, specifically addressing First Lady Rosângela da Silva (Janja) and her expenses. Prompted by President Luiz Inácio Lula da Silva’s administration’s Civil House amid criticism over Janja’s expenses, the AGU…
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for eyesonsuriname Amsterdam, August 4th 2024– Out in the Far West and once upon a time, when the United States of America had a capitalist economy, many things were much different. Bank deposits were used for loans that expanded productive ability. America produced its own goods and grew its own food. America’s currency was backed…
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On Dec. 6, 2023, we raised our long- and short-term foreign and local currency sovereign credit ratings on Suriname to ‘CCC+/C’ from ‘SD’ (selective default). At the same time, we withdrew our ratings on Suriname’s senior unsecured debt. We also raised our transfer and convertibility assessment to ‘CCC+’. The outlook on the long-term ratings is…
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Experts are sounding the alarm: the world is caught in a debt trap. The global mountain of debt has increased to more than 300 trillion US dollars. To cancel it out, the Earth’s population would have to work for nothing for three years. Is this a cause for concern? Will private individuals, companies and even…
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The radical libertarian is taking over a country on the brink To an American audience, Argentina’s election may seem uncannily familiar. A political outsider with bouffant hair and a history of outrageous remarks promises to make the country “great again”, and is written off by the liberal elite before winning the presidential poll with a…
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Fitch Ratings – New York – 16 Jul 2020: Fitch Ratings has upgraded Suriname’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from ‘RD’. Fitch has also upgraded the issue rating on Suriname’s 2023 notes to ‘CC’ from ‘D’. KEY RATING DRIVERS The upgrades follow the completion of the “consent solicitation” to reschedule the principal…
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“Margin Call” is a very underappreciated movie IMO. The movie is starred by Stanley Tucci and Kevin Spacey. There are a lot of parallels between this movie and what happened last Friday with the unwinding of Archegos Capital Management’s positions by Goldman Sachs and others. No idea why I started thinking about it on Friday…
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Moves Expected eyesonsuriname Amsterdam, July 24 2023== The government in Guyana predicts that oil related projects in Guyana predict that a year’s oil revenue will be equivalent to almost its total outstanding debt. However, political opponents to the current administration have said the country’s debt is mounting and this could impact its future prospects. Alliance…
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eyesonsuriname The IMF staff team and Surinamese authorities reached a staff-level agreement on the second review of the authorities’ economic recovery program supported by the Extended Fund Facility (EFF). The review is subject to approval by the IMF’s Executive Board.. Suriname’s economy continues its slow post-pandemic recovery, but the shock of higher commodity and food…
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One Question eyesonsuriname 1️⃣ How does a bank ‘work’? A bank is split into banking assets that is what a bank owns vs liabilities or what a bank owes. A bank’s assets, like the US$23 trillion in the US): They help the bank generate income and a ‘healthy’ portfolio includes a mix of loans plus…
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