Zhongzhi Headed for Insolvency With a Debt Mountain of $64 Billion
Zhongzhi is a major player in the $3 trillion shadow banking sector operating in China Zhongzhi ...
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Evergrande’s Debt Struggles Shake China’s Property Stocks
Evergrande Group requires approval from 75% of the holders or more of each debt class to ...
The ‘Zombie Mortgage Debt’ spooking homeowners
Zombie Mortgages are those mortgage debts that people thought were satisfied or forgiven long ago but ...
Debt Crunch: Argentina-IMF deal worth $44B stalls
In 2018, Argentina struck a deal worth $57 billion with IMF which failed and was replaced ...
US House Passes Debt Ceiling Bill in First Step to Avert Default
The US House of Representatives has finally passed a bill 314-117, raising the federal debt ceiling ...
Repercussions of the United States Defaulting on its debt
United States President Joe Biden and House Speaker Kevin McCarthy couldn’t conclude whether the debt ceiling ...
Wall Street Braces for Aftershocks of United States Debt Default
Wall Street banks prepare for fallout from possible default as the talks of raising the United ...
The US Debt Ceiling Crisis- What is it and How Likely Is a US Default?
As the US government inches closer to a government default - estimated to occur no later ...
US House Speaker McCarthy Pitches Budget Cuts for Debt Limit Vote
US House Representative Speaker Kevin McCarthy on Monday announced that his fellow Republicans would vote for ...
Debt Crisis: How Debt is holding back the Development of developing countries
According to UNCTAD, there is a startling inclination among the international community to regard the debt ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
