United Network News
  • HOME
  • ABOUT US
  • NEWS
    • WORLD NEWS
    • SITUATION REPORTS
    • FIELD MESSENGER REPORTS
  • BECOME A FIELD MESSENGER
    • ABOUT FIELD MESSENGERS
    • FREQUENTLY ASKED QUESTIONS
    • FIELD MESSENGER REPORT EXAMPLES
    • FIELD MESSENGER REPORT CONSIDERATIONS
    • SUBMIT YOUR REPORTS
  • UNN MEMES
  • CONTACT US
    • UNN SUPPORT
    • FIELD MESSENGERS SUPPORT
No Result
View All Result
  • HOME
  • ABOUT US
  • NEWS
    • WORLD NEWS
    • SITUATION REPORTS
    • FIELD MESSENGER REPORTS
  • BECOME A FIELD MESSENGER
    • ABOUT FIELD MESSENGERS
    • FREQUENTLY ASKED QUESTIONS
    • FIELD MESSENGER REPORT EXAMPLES
    • FIELD MESSENGER REPORT CONSIDERATIONS
    • SUBMIT YOUR REPORTS
  • UNN MEMES
  • CONTACT US
    • UNN SUPPORT
    • FIELD MESSENGERS SUPPORT
No Result
View All Result
United Network News
No Result
View All Result
Home World News Africa

Tunisian bonds dropped sharply after President Kais Saied rejected a bailout package from the International Monetary Fund

  • April 7, 2023
Tunisian bonds dropped sharply after President Kais Saied rejected a bailout package from the International Monetary Fund

Tunisian bonds dropped sharply after President Kais Saied rejected a bailout package from the International Monetary Fund (IMF). The nation’s dollar bonds due 2025 fell 4.1 cents to 51.38 cents on the dollar, the lowest recorded level. The country’s Euro and Yen bonds also plummeted.

President Saied called IMF bailout plans “diktats” that would only worsen the economic situation in Tunisia. He cited bread riots that occurred four decades ago, triggered by a similar agreement with the IMF, as an example of what could happen if Tunisian citizens reject external intervention.The cash-strapped country is currently in negotiations with its powerful trade union, UGTT, over spending cuts to subsidies and public sector employment. Without an agreement with the IMF, Tunisia could default on its debt, deepening its social and economic crisis and resulting in more people fleeing their homeland due to hardship.

The US Secretary of State Antony Blinken has warned that “the economy risks falling off the deep end” without an IMF bailout. This sentiment has been echoed by members of the US House of Representatives who have called for US foreign aid to Tunisia to support “inclusive, democratic governance and rule of law”.

President Saied defended his actions on Thursday afternoon, saying he is only enforcing laws in order to protect Tunisia from chaos. When asked about his re-election bid for 2024 he said that he won’t let an “unpatriotic” successor take over and ultimately left it up to Tunisian citizens as “the referee”.

Watch the Full Report Here

Tags: BailoutBond LossesIMFInternational Monetary FundPresident Kais SaiedTunisia
Facebook
Twitter
Telegram
WhatsApp
Email
Print

Related Posts

OPEC leaves Reuters, Bloomberg News and the Wall Street Journal off the invite list for its upcoming meeting in Vienna

OPEC leaves Reuters, Bloomberg News and the Wall Street Journal off the invite list for its upcoming meeting in Vienna

June 2, 2023
The United Nation’s World Food Programme WFP to suspend food aid to 200,000 Palestinians due to funding shortage

The United Nation’s World Food Programme WFP to suspend food aid to 200,000 Palestinians due to funding shortage

May 29, 2023
Europe exports 90% of its used clothes to Africa and Asia which mostly ends up in open landfills and waste streams

Europe exports 90% of its used clothes to Africa and Asia which mostly ends up in open landfills and waste streams

May 26, 2023
Africa’s largest oil refinery has been opened in Nigeria’s economic hub of Lagos by outgoing President Muhammadu Buhari

Africa’s largest oil refinery has been opened in Nigeria’s economic hub of Lagos by outgoing President Muhammadu Buhari

May 24, 2023
France issued arrest warrant for Lebanese Central Bank governor Riad Salameh over corruption charges

France issued arrest warrant for Lebanese Central Bank governor Riad Salameh over corruption charges

May 17, 2023
Zimbabwe’s attempted second launch of a gold-backed digital currency on Monday has flopped

Zimbabwe’s attempted second launch of a gold-backed digital currency on Monday has flopped

May 10, 2023
Load More

Trending on United Network News

Vaccine mandates for hospital patients and healthcare workers are being overturned in the US

ExxonMobil denounced the idea that the world can achieve NetZero carbon dioxide emissions by 2050

A 30-year dispute between Armenia and Azerbaijan could soon be over as new peace talks were held

G7 leaders make their way to Hiroshima Japan for the 2023 summit: who will attend and what’s on the agenda?

Pita Limjaroenrat led the ‘Move Forward Party’ to a first-place finish surpassing the Pheu Thai Party in the Thailand elections

Situation Report Highlights

22nd. February 2023 Full situation report with Kimberly Goguen and Sunny Gault -Putin’s annual address, Ericsson cuts jobs, WHO is now the pandemic authority?

13th. February 2023 Full situation report with Kimberly Goguen and Sunny Gault – Canada shooting down UFO’s, Flights cancelled in New Zealand

Trending Field Messenger Reports

Local citizens are fighting corporate land grab in Stockholm Sweden

A beginner’s guide to the ingredients and tools you need to make your own soap

Taking a peek into a rich, thriving fruit and vegetable garden in Iowa

A touching story of a cat adoption from Nigeria

Rene and Meral take us to the 2023 World Economic Forum in Davos

United Network Plus Movies

Jupiter Ascending

Jupiter Ascending

May 26, 2023
The Dark Tower

The Dark Tower

May 26, 2023
Next Post
Robert f. Kennedy Junior intends to challenge President Joe Biden at the polls in the 2024 election

Robert f. Kennedy Junior intends to challenge President Joe Biden at the polls in the 2024 election

© 2023 Copyright  All Rights Reserved
  • ABOUT US
  • CONTACT US
  • TERMS
  • PRIVACY POLICY

Available on multiple devices

No Result
View All Result
  • HOME
  • ABOUT US
  • NEWS
    • WORLD NEWS
    • SITUATION REPORTS
    • FIELD MESSENGER REPORTS
  • BECOME A FIELD MESSENGER
    • ABOUT FIELD MESSENGERS
    • FREQUENTLY ASKED QUESTIONS
    • FIELD MESSENGER REPORT EXAMPLES
    • FIELD MESSENGER REPORT CONSIDERATIONS
    • SUBMIT YOUR REPORTS
  • UNN MEMES
  • CONTACT US
    • UNN SUPPORT
    • FIELD MESSENGERS SUPPORT

© 2022 Copyright © All Rights Reserved
United Network News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist