Banks are networked both domestically and internationally through inter-bank borrowing and lending and derivative transactions. Problems at one bank can quickly spread, infecting other firms and the f...Read More
Government debt in 20 industrialized countries stands at $44 trillion. But it’s actually a lot more than that, according to a new report. After factoring in public pension and other retirement liabi...Read More
Beyond Greece, the world is filled with debt crises With its shuttered banks, furious public protests and iconoclastic politicians, the plight of Greece, brought to its knees by a crippling debt burde...Read More
US rate rise could trigger global debt crisis, watchdog warns It estimated that capital outflows from China reached US$ 109 billion in the first quarter, a foretaste of what may have happened in Augus...Read More
Argentinian bank joins ADB trade finance programme Ever since the 2001 debt crisis crippled the country’s economy, Argentina has been struggling with reduced access to international credit marke...Read More
The junk bond market’s early warning signs are all flashing red for the global … Those who lend money to countries are relatively phlegmatic because governments only rarely default on thei...Read More
Italy back on track, open for business Italy has compiled a comprehensive reform plan and has seen positive effects as it moves out of recession stemming from the sovereign debt crisis a few years ago...Read More
The High Cost to Turkey of the Syrian Civil War Turkish President Tayyip Erdogan makes a speech during his meeting with mukhtars at the Presidential Palace in Ankara, Turkey, November 26. As world lea...Read More
Here Are the World’s Most Talked-About Topics in 2015 Rounding out the top three is the Syrian Civil War and Refugee Crisis, perhaps the most pressing and thorny global issue this year—one tha...Read More
Lee Sees `Progress’ in Europe, Says U.S. Stocks to Rise Sept. 29 (Bloomberg) — Thomas Lee, chief U.S. equity strategist at JPMorgan Chase & Co., talks about the outlook for U.S. stocks...Read More