Financial and Banking News
Jordan and London Club Restart Rescheduling Talks
Jordanian officials were to meet in mid-August with representatives of theLondon club of commercial creditors in order to restart negotiations on therescheduling of the country's bank debt. The two sides have not met since Iraq'sinvasion of Kuwait a year ago. The position then was that the banks had made aproposal to the Jordanians and were waiting for a reply. The London...