From $130tn in 2005 to more than $365tn in 2026, debt has effectively become a permanent fixture in the global economy, with governments and businesses increasingly feeling the heat.The 2008 crisis…
With public and private liabilities worldwide estimated at a staggering $353tn and with many gearing up to borrow more, all agree that there is a problem, but few agree on how to solve it
Many of the big regional energy producers retain strong credit ratings as they boost their borrowing. How the money is spent will determine the wisdom of each approach.
As European banks retreat, debt balloons, and price volatility spooks central banks, Morocco's national currency is increasingly being used in continental trading.
Policymakers' main worry ahead of Rachel Reeves' announcements this week centred on the reaction of the bond markets. So far, they have received a cautious welcome.
Macron has spent a fortune, bond yields are going up, stocks are falling, Brussels is demanding reform, the IMF is preparing an emergency package, and populists are at the gate... Sacré bleu!
The Egyptian Pound is weak, and the country is losing income from Houthi missiles, causing ships to avoid the Suez Canal. The timing is bad, as Cairo asks the IMF for $750mn in loans.
The global debt burden decreased for the second year in a row, even though it remains above its already-high pre-pandemic level, according to the latest update of the International Monetary Fund’s…
Downgrade was prompted by declining foreign exchange inflows, continued restrictions to the Egyptian pound's exchange rate, as well as external pressures to the economy
Despite the war's unpopularity, Trump seems determined to press on until he can claim a decisive victory, whether by diplomacy, force, or a combination of the two
A Democrat-majority Congress will clip his wings at home, but he will have far more freedom to act on foreign affairs, given the powers he still retains as commander-in-chief
French novelist Philippe Jaenada's novel 'The Unknown Woman of Quai de Javel' wins big, while the Prix Renaudot goes to François-Henri Désérable for his novel about an unlikely wine expert