Third time is the charm? Sri Lanka bondholders and the government are restricted again to push for a final debt restructuring that works for all, IMF and bilateral creditors also, before a key presidential vote next week. #SCOOP via Bloomberg 🇱🇰 bloomberg.com/news/articles/…

News: The IMF is aiming to make a decision on whether to change its policy of charging big borrowers extra fees by the time of its major annual gathering in Washington next month —> from Jorgelina do Rosario & Eric Martin for Bloomberg bloomberg.com/news/articles/… via Bloomberg Economics

#SCOOP today via Bloomberg The IMF’s executive board plans Monday to hold an informal meeting on the review of the so-called surcharges, a reevaluation that it announced in April. Full story here 👇🏽👇🏽👇🏽 bloomberg.com/news/articles/…

Pager Blasts Hurt Hundreds in Lebanon in Presumed Attack bloomberg.com/news/articles/… via Bloomberg

Steve Cohen has stepped away from the trading floor, marking the end of an era by Nishant Kumar Katherine Burton bloomberg.com/news/articles/… via Bloomberg Markets

FOMC statement redline

SRI LANKA REACHES AGREEMENT IN PRINCIPLE WITH BONDHOLDERS #NOW via Bloomberg

Sri Lanka Reaches Restructuring Deal Days Before Election 🇱🇰 via Bloomberg bloomberg.com/news/articles/…

UK consumer confidence tumbles in anticipation of ‘painful’ Budget on.ft.com/47wkEz2

Friday #scoop via Bloomberg 🇪🇬🇪🇬🇪🇬

#EM alert for sovereign debt followers A legal change in the bonds that will emerge from a debt restructuring in Sri Lanka could set a precedent for sovereign debt contracts. Wait, what? Read our Bloomberg today by me and Zijia Song 👇🏽👇🏽👇🏽 bloomberg.com/news/articles/…

Quite an unexpected twist: Fitch is unable to rate new macro-linked Sri Lankan bonds. It seems as new state-contingent debt instruments are asked to adapt to strict rating methodologies rather than the opposite.. fitchratings.com/research/sover…

Israel Says It Killed Hezbollah Leader Nasrallah in Air Strike via ⁦Bloomberg⁩ bloomberg.com/news/articles/…

England at its best. 😍😍😍

CHART OF THE DAY: The US imported more crude oil from Venezuela (310,000 b/d) than from Saudi Arabia (280,000 b/d) in July (latest monthly data). Both countries are selling to America a fraction of the oil they used to only a few years ago | #OOTT #SaudiArabia #Venezuela