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China In Default On Trillion-Dollar Debt To US Bondholders, Policy Expert Says 'Failure To Act Needs To End Now'
Wednesday, July 5, 2023 - 3:44am | 399The People’s Republic of China is currently in default on its sovereign debt held by American bondholders worth close to a trillion dollars, while the U.S. continues to pay interest on approximately $850 billion in debt held by China, The Hill reports in an opinion piece. Despite this,...
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iAnthus Posts 93.5% Surge In Revenue, 232% Increase In Gross Profit YoY Despite 2020 Setbacks
Thursday, April 1, 2021 - 1:26pm | 331iAnthus Capital Holdings, Inc. (CSE:IAN) (OTCPK: ITHUF) reported Thursday its revenue went up by 93.5% year-over-year to $151.7 million in 2020. Fourth-quarter revenue amounted to $46 million. For the fiscal year ended December 31, the gross profit amounted to $86.7 million, representing a 232.2%...