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Retirement schemes’ funding deficits are set to grow by hundreds of billions of dollars this year
Some retirement schemes might not be able to pay out in future
US investors know in a crunch politicians favour voters and pensioners over bondholders
US city is ‘not doing enough’ to tackle its $5.7bn pension deficit
Russia’s foreign ministry accuses US of trying to ‘scare’ its banks involved from the sale
Tighter criteria set to crimp plans for dividends and buybacks
Retirement scheme branded one of the worst-funded pension funds in the US
Deal to cut Prepa’s $9bn debt seen as blueprint for other troubled entities
Investors seek to avoid haircut while providing debt relief to the island
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