World News by Wild Rose

Borrowing is getting harder for companies.

"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Wolfe Research Chief Economist Stephanie Roth, BNP Paribas Head of US Rates Strategy Guneet Dhingra, NWI Management CO-CIO Tara Hariharan, Janus Henderson Global Head of Multi-Sector & Corporate Credit John Lloyd, and R. Seelaus CEO Annie Seelaus. (Source: Bloomberg)

Brazil ran a primary deficit of US$1.9 billion in August as gross debt rose to 82.9% of GDP, the highest since 2021. Interest is the main driver. The post Brazil Primary Deficit Reaches US$1.9 Billion in August as Gross Debt Hits 82.9% of GDP appeared first on The Rio Times.

Ares Management Corp. is funding a $2 billion debt facility for Phoenix Tower International, a Florida-based owner and operator of telecom tower infrastructure, according to a statement seen by Bloomberg.

The US tax code has become a complex system of credits and deductions costing $2.3 trillion a year. Bloomberg Opinion columnist Kathryn Anne Edwards why Congress may need to rethink those tax breaks to address America’s debt problem. (Source: Bloomberg)

Los fondos de pensiones mexicanos elevaron a un máximo histórico sus carteras de deuda pública en pesos en agosto, apuntalando la demanda en momentos en que la volatilidad global inquieta a los inversores extranjeros.

Brazil’s government plans to spend 15 billion reais to buy as much as 150 billion reais ($28 billion) of delinquent consumer debt from banks, part of President Luiz Inácio Lula da Silva’s push to ease the financial strain on households and bolster his bid for a fourth term.

O Ministério Público de São Paulo (MPSP) recomendou à prefeitura da capital paulista a intervenção na administração da Feira da Madrugada do Brás, concedida à empresa Circuito de Compras. A feira reúne milhares de pequenos comerciantes de produtos populares, roupas e eletrônicos e onde circulam cerca de 15 mil pessoas por dia. Segundo o MP, a empresa cometeu uma série de irregularidades e acumula dívida de R$ 163 milhões, o que inviabiliza a continuidade da gestão. O MP pede que a prefeitura e a agência reguladora, a SP Regula, decretem a intervenção na concessão no prazo de 15 dias, além de adotarem "providências destinadas a preservar o interesse público na execução do contrato". O pedido é parte de um inquérito civil, que acompanha a execução do ajuste firmado entre o município e a concessionária responsável pela implantação, operação, manutenção e exploração econômica do espaço.  A apuração do MP constatou pendência em investimentos previstos no contrato, registro de dificuldades operacionais e elevada ociosidade do espaço. "A Promotoria considerou ainda relatos de comerciantes e representantes do setor ouvidos durante a investigação, que apontaram aumento expressivo dos custos de ocupação dos boxes, redução da atratividade econômica do empreendimento e a permanência de milhares de comerciantes exercendo atividades em vias públicas das regiões do Brás e do Pari, circunstâncias que, em tese, frustram a finalidade pública que motivou a concessão", explicou o MP em nota. Um CPI recente instalada na Câmara Municipal investigou denúncias de extorsão de camelôs, venda de produtos falsificados e receptação de mercadorias. Na ocasião, parlamentares governistas pediram a revisão da concessão, posição defendida pela gestão do prefeito Ricardo Nunes. Procurada, a concessionária Circuito das Compras não se manifestou até o momento. O espaço segue aberto para manifestação. 

Bankers looking to sell £3.6 billion ($4.8 billion) of debt backing the take-private of DCC Energy Plc are expected to target high-yield bond investors and infrastructure loan buyers.

Gabon · ECONOMY Key Facts —What happened Interest and other financial charges on Gabon’s debt are set to reach 667.3 billion CFA francs (about US$1.18 billion) in 2027. —The catch That 37 percent jump covers interest and fees only. Repayment of principal is budgeted separately, at 1,879.5 billion CFA francs (about US$3.31 billion). —The numbers […] The post Gabon Debt Interest Costs Set to Jump 37 Percent in 2027 appeared first on The Rio Times.

Mozambique · ECONOMY Key Facts —What happened Mozambique’s government projects gas-related state revenue of 5.1 billion meticais (about US$79.8 million) in 2027, equal to 0.27% of gross domestic product. —How big Total state revenue is projected at 488.3 billion meticais (about US$7.64 billion) in 2027, so gas would contribute roughly 1% of the budget. —The […] The post Mozambique Gas Revenue Stays Tiny as Debt Nears 96% of GDP appeared first on The Rio Times.

Namibia · INFRASTRUCTURE Key Facts —What happened NamWater said it will phase down water supply to Usakos after the town council failed to formally accept conditions in a 25 August letter. —The deadline Full suspension is threatened for 6–9 October if no deal is reached, with daily interruptions starting Monday. —The wider debt NamWater was […] The post NamWater to Cut Usakos Water Supply Over Unresolved Debt appeared first on The Rio Times.

The Dário Durigan public debt pledge puts debt under 80% of output by 2030. The government’s own budget bill projects 87.5% that year. The post Dário Durigan public debt pledge sits below the official forecast appeared first on The Rio Times.

The UK’s strategy to prop up its long maturity debt by selling less in the wake of the Liz Truss-era crash is failing to pay off.

UBS Group AG is buying back $7.9 billion of old Credit Suisse bonds, its biggest move yet to shrink the debt load it inherited when taking over its crosstown rival.

COLOMBIA · ECONOMY Key Facts —The warning Fitch says Colombia’s 2027 budget shows a deep imbalance and requires a significant adjustment effort. —The deficit The government now projects a 2027 fiscal deficit of 9.4 percent of GDP, against 4.5 percent expected earlier. —This year too The 2026 deficit target was raised to 7.2 percent of […] The post Fitch: Colombia’s 2027 Budget Puts Debt on a Steeper Path appeared first on The Rio Times.

US Big Tech firms are borrowing so heavily that bond investors are starting to view some of their emerging-market peers as safer bets.

Africa China debt stock nears $181bn as Beijing slashes new loans 46% and shifts to small-and-beautiful projects. Here is what investors must watch in 2026. The post China Slashes Africa Lending 46% as Kenya and Angola Race to Refinance Old Debts appeared first on The Rio Times.