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. …
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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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The debt crisis looming for poor countries
A growing number of poor countries, some already in humanitarian crisis, will soon have to choose between servicing their lenders or helping their most vulnerable citizens, as the World Bank …
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A large consideration
The UK is in hock to a discordant tune of trillions. Who should pay the piper? Alex Tziamalis writes. Consider debt. The UK owes nearly £2 trillion and now, with …
A large consideration Read More