The Alchemy of value
An excerpt from Serious Money: walking plutocratic London by Caroline Knowles Quant seems apprehensive as he arrives at the trendy east London Shoreditch bar, Looking Glass, where I am waiting, …
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China’s all-weather friends in deep economic crisis
The two countries are caught in the Chinese debt trap with Beijing demanding further concessions for rescheduling the debt like demanding that Colombo give permission for Oceanography in South Sri …
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Three steps out of a fix
Rick Rowden offers a trio of measures to overhaul a creaking global financial system Thanks to the historically ambitious scale of their fiscal and monetary policies, most of the rich …
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IMF warns China’s property stress poses spillover risk
A funding crisis battering China’s big property developers could start to shake the wider economy and global markets, the IMF warned on Friday, saying deeper reforms were needed to fully …
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World Bank slashes economic recovery for Asia
East Asia and the Pacific region’s recovery has been undermined by the spread of the COVID-19 Delta variant, which is likely slowing economic growth and increasing inequality in the region, …
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Debt ceiling fight pits corporate America against Republicans
The debt ceiling battle on Capitol Hill is pitting corporate America against congressional Republicans in a test for business groups that have historically aligned with GOP lawmakers on economic issues. …
Debt ceiling fight pits corporate America against Republicans Read More
Another IMF Loan Feared For Kenya
Kenya is suffering from a financial crisis, and the government has invited the IMF back. But those who survived the IMF and World Bank Structural Adjustment Programmes of the ’80s …
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Bank Job
Five years ago my wife and I were struggling as artist / filmmaker duo, writes Daniel Edelstyn. We felt called to do important work and make a contribution to …
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Oil-rich Kuwait faces looming debt crisis
When Kuwait emerged from a months-long coronavirus lockdown, hundreds of Kuwaitis flocked to reopened stores, the lines clogging malls, snaking through hallways and spilling onto sidewalks. But unlike much of …
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Zimbabwe’s odious debts
Civil society organisations have called for an audit of Zimbabwe’s national debt, as inequality and poverty grasp the economy. This comes at a time the World Bank projects further GDP …
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