Bloomberg Business

Evergrande Crisis Worsens as Defaults Pile Up, Ex-CEO Detained

The crisis at China Evergrande Group deepened Monday after the company’s mainland unit said it failed to repay an onshore bond, adding a new layer of uncertainty to the developer’s future as a restructuring plan with its offshore creditors teeters.

Bolivia’s Dollar Bonds Plunge After Evo Morales Plans a Comeback

Bolivia’s dollar bonds fell the most in nearly six months after socialist former President Evo Morales said he’ll run in the 2025 presidential election, adding to uncertainty in a nation where investors are already fretting about dwindling gold reserves.

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