What Impact Would an Increased Interest Rate Have on Credit Cards, Mortgages and Alike?
The Federal Reserve has raised rates to the range of 5 - 5.25%. Its efforts to ...
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The Bank of Canada Has ‘Won’ the Fight Against Inflation By Lowering Interest Rates To 3.75%
Tiff Macklem, the governor of the Bank of Canada (BoC), told the reporters after reducing the ...
Gulf Cooperation Council Central Banks Follow US Lead with Interest Rate Cuts
Following the decision made by the US Federal Reserve, central banks of UAE and Bahrain also ...
$5 Trillion Mortgage Market of China Faces Interest Rate Cuts
This year, policymakers have taken forcefully decisive action to reduce borrowing costs, doing away with centrally ...
Putin sweeps Russian electoral polls for the sixth time with no serious competition
The new six-year term will see Putin surpass Joseph Stalin, becoming the longest-serving leader in 200 ...
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 ...
The 10th Rate Hike By European Central Bank – A Record High In 2 Decades
The European Central Bank (ECB) mentioned that the governing council has ruled that the present levels ...
Buy-to-Let on life support: Why are Britain’s Landlords selling properties?
Buy-to-let is when a property is bought specifically to rent it out Many people in Britain, ...
Rising interest rates and a class of struggling people
If the interest rate hikes are persistent, a global recession is likely unavoidable. The Credit Suisse ...
The ‘Zombie Mortgage Debt’ spooking homeowners
Zombie Mortgages are those mortgage debts that people thought were satisfied or forgiven long ago but ...
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.
