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Tag: debt

Soaring debt spurs Moody’s to downgrade China credit outlook to negative
Business

Soaring debt spurs Moody’s to downgrade China credit outlook to negative

December 9, 2023December 9, 2023

The score company Moody’s downgraded the outlook on China’s credit standing to “negative” from “stable” Tuesday as a consequence of hovering debt on this planet’s

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Crisis-hit Germany to blow through debt limit in 2023
Business

Crisis-hit Germany to blow through debt limit in 2023

November 26, 2023

Germany’s finance minister introduced on Thursday the intention to as soon as once more droop the constitutional debt restrict for the fourth consecutive 12 months,

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IMF urges Italy, France, Spain to ‘buckle up’ on debt
Business

IMF urges Italy, France, Spain to ‘buckle up’ on debt

November 25, 2023November 25, 2023

The International Monetary Fund (IMF) chief stated Italy, France and Spain should do extra to deal with rising debt and deficit ranges, flagging “very modest”

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Debt doom: Is world teetering on edge of another financial crisis?
Business

Debt doom: Is world teetering on edge of another financial crisis?

October 19, 2023October 19, 2023

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

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IMF urges pact to boost its resource quota, strengthen world economy
Business

IMF urges pact to boost its resource quota, strengthen world economy

September 10, 2023September 10, 2023

Managing Director Kristalina Georgieva on Sunday stated it’s important to extend quota assets for the International Monetary Fund (IMF) earlier than year-end, whereas urging members

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IMF, World Bank to step up co-op on climate, debt, digital transition
Business

IMF, World Bank to step up co-op on climate, debt, digital transition

September 7, 2023September 7, 2023

In a uncommon joint assertion, the International Monetary Fund (IMF) and World Bank on Thursday pledged to step up their cooperation to deal with local

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Loss of AAA badge a reminder of ‘regime shift’ for US govt debt
Economy

Loss of AAA badge a reminder of ‘regime shift’ for US govt debt

August 14, 2023August 14, 2023

The removing of the United States’ prime credit standing by Fitch has had minimal impression on monetary markets, but it acted as a reminder of

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Fitch downgrades top-tier US rating in surprise ‘arbitrary’ move
Economy

Fitch downgrades top-tier US rating in surprise ‘arbitrary’ move

August 2, 2023August 2, 2023

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

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Fitch downgrades top-tier US rating in surprise ‘arbitrary’ move
Economy

Fitch downgrades top-tier US rating in surprise ‘arbitrary’ move

August 2, 2023August 2, 2023

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

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Finance chief touts surging investor interest in Turkish assets
Business

Finance chief touts surging investor interest in Turkish assets

July 30, 2023July 30, 2023

Türkiye’s finance minister on Saturday hailed what he mentioned was a rising curiosity in Turkish property by traders, spearheaded by latest pledges from Gulf international

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