Growing issues loom as developed economies grapple with unprecedented debt ranges, hovering rates of interest, the prices of local weather change, rising well being care
Tag: debt crisis
Default fears send Chinese property giant Country Garden’s shares diving
China’s closely indebted actual property sector got here underneath the highlight once more on Monday as shares in Country Garden plunged after the property big
Fitch downgrades top-tier US rating in surprise ‘arbitrary’ move
Rating company Fitch on Tuesday downgraded the U.S. authorities’s prime credit standing, a transfer that drew an indignant response from the White House and stunned
Fitch downgrades top-tier US rating in surprise ‘arbitrary’ move
Rating company Fitch on Tuesday downgraded the U.S. authorities’s prime credit standing, a transfer that drew an indignant response from the White House and stunned
Caught between riots and debt crises, African countries cut fuel subsidies
Abdoulaye Diallo is paying over 50% extra to replenish his “thiak-thiak” motorcycle taxi in Keur Mbaye Fall, a suburb of Senegal’s capital Dakar, than he
US agency sees ‘significant risk’ in 1st half of June amid debt limit crisis
The U.S. Congressional Budget Office (CBO) sees “significant risk” concerning the authorities’s debt obligations within the first half of June amid the debt restrict disaster.
Embattled China Evergrande pledges to repay debt in ‘key’ 2023
The China Evergrande Group has pledged to repay its debt in 2023, a yr its chairperson dubbed essential for the property large, which faces a