debt
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Financial Market
Heavily indebted countries can look just fine until suddenly they don’t, BIS warns
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets,…
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Currencies
The US Needs A Weak Currency, Which Will Be A Tailwind For Commodities
Historically, a strong US dollar has been a blessing for America’s consumption-driven economy. We are entering a period, though, where…
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Investment
Father Demands Son Pay Back His Investment Loan From His College Fund
It can be challenging for kids to learn about money. Even if you’re taught about it at home and in…
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Citi CFO Mason Says Investment-Banking Fees Likely Up 50%
(Bloomberg) — Citigroup Inc. said it expects banking fees to surge 50% in the second quarter compared with a year…
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Australian Economy
Business insolvencies hit record highs with worse to come, warns CreditorWatch
In short: The number of businesses in external administration has hit a record high, according to CreditorWatch. The highest-risk areas…
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Currencies
US National Debt To Shatter $141,000,000,000,000 As Massive Borrowing Threatens Dollar’s Reserve Currency Status Over Next Three Decades: CBO
The Congressional Budget Office (CBO) projects deficits will run wild as the US national debt surpasses a staggering $141 trillion…
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Currencies
NGN/USD: Why Nigeria’s Currency Rebounded and What It Means
Nigeria pumps almost 1.5 million barrels of oil a day, making it the continent’s biggest producer. Yet this petrodollar nation…
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Investment
Factory orders sink 3.6% on fewer Boeing contracts. U.S. business investment still weak.
Published: March 5, 2024 at 10:02 a.m. ET Story developing. Stay tuned for updates here. The numbers: U.S. factory orders…
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Financial Market
Emerging market debt risks drive US, China to work together
The US and China, who are competing for influence over the developing world, are partnering to resolve a growing debt…
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