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RECENT NEWS
Reuters  Jan 30  Comment 
Banco Bradesco SA is prepared to weather an expected wave of corporate defaults and debt restructurings in Brazil, executives said on Friday, expecting strict risk...
Wall Street Journal  Jan 29  Comment 
Belarus President Lukashenko moved to reassure holders of the country’s bonds that Minsk has enough funds to pay back debt and isn’t planning to default.
MarketWatch  Jan 29  Comment 
Let’s stop playing games and get it over with, argues Brett Arends.
BBC News  Jan 28  Comment 
Greek financial markets were in turmoil on Wednesday after the new anti-bailout government appeared determined to defy the country's international creditors.
BBC News  Jan 28  Comment 
New Greek PM Alexis Tsipras says his country will not default on its bailout debts, as bank stocks lose more than 25% of their value.
The Hindu Business Line  Jan 28  Comment 
Jaiprakash Power Ventures Ltd said it was likely to default on payments for convertible bonds worth $200 million due on February 13, because it could not generate enough revenue from its operation...
TechCrunch  Jan 27  Comment 
 Here is one more nail in Flash’s coffin: starting today, YouTube defaults to using HTML5 video on all modern browsers, including Chrome, IE 11, Safari 8 and the beta versions of Firefox. YouTube first introduced HTML5 support back in 2010. At...




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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