In July, France's sixth largest retailer reached an agreement in principle with a consortium led by Kretinsky's company EPGC - alongside Casino's biggest creditor Attestor, and second-biggest shareholder Fimalac - to restructure its 6.4 billion euros ($6.7 billion) debt pile. In case you loved this informative article and you would want to receive more info regarding free 100 php online casino please visit the web site. Silicon Casino was created in 1994. The stopgap "continuing resolution" (CR) that prevented a federal government shutdown does not include approval for this new program, however, and while it maintains federal services to the COFA states, it leaves holes in other parts of their budgets.

"While keeping the services going is an important assurance, the CR will make things quite difficult in the Marshalls (which has an election on November 20) and Palau (election next year)," said Cleo Paskal, an expert on the COFA states with the Foundation for Defense of Democracies think tank. (Reporting by David Brunnstrom; Editing by Don Durfee and Josie Kao) Asked to comment, the State Department said Washington was "working expeditiously to finalize negotiations" with the Marshall Islands and had had constructive conversations to that end "including at the Presidential level" at last week's U.S.-Pacific Islands Forum Summit.

PARIS, Oct 4 (Reuters) - Shares in French retailer Casino were suspended on Wednesday pending a statement, boosting speculation a final debt restructuring deal with creditors led by Czech billionaire Daniel Kretinsky to avert bankruptcy could be imminent. WASHINGTON, Oct 5 (Reuters) - A 45-day stopgap measure passed by the U.S. Congress to avert a government shutdown has left potential funding shortfalls for strategic Pacific island states, which analysts and former officials say makes the U.S.

allies economically vulnerable and possibly more receptive to Chinese approaches. The deal, which massively dilutes shareholders, would bring an end to the 30-year reign of Casino CEO and controlling shareholder Jean-Charles Naouri, 74, who controls Casino via his listed holding company Rallye. Under the July agreement, 1.2 billion euros of new money would be injected into Casino and its 6.4 billion euros of debt would be restructured. A consortium led by Kretinsky would end up owning between 50.4% and 53% of Casino shares.

Roll Call, a news site covering the U.S. Congress, noted last week that Palau's Finance Minister Kaleb Udui told a congressional field hearing in August that Beijing had been trying to tempt locals to oppose U.S. plans to build an early-warning radar by offering to build a hotel and casino nearby. battle for influence with China in the Northern Pacific. 30 new 20-year funding programs for Micronesia, the Marshall Islands and Palau, which after decades of relative neglect now find themselves at the center of a U.S.

The Biden administration had hoped to see Congress endorse by Sept. 30, and by the end of fiscal 2024 for Palau, and Washington agreed this year on a new package of $7.1 billion over 20 years, subject to Congressional approval. The funding programs for the Marshall Islands and Micronesia were due for renewal by Sept. governed by so-called Compacts of Free Association (COFAs), under which Washington is responsible for their defense and provides economic assistance, while gaining exclusive military access to strategic swathes of ocean.

The sprawling but sparsely populated nations have ties with the U.S. There is no new money so far too for the Marshall Islands, which has yet to finalize new terms with Washington due to disagreements over how to address the legacy of massive U.