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The Petrodollar Is Dead and That's a Big Deal
The Forex Market· 3 hours agoThe petrodollar quietly died this week. While it didn't get big headlines, the demise of the petrodollar could mean big trouble for a U.S. government...
$29 Trillion: That’s How Much Debt Emerging Nations Are Facing
New York Times· 9 hours agoA decades-long crisis is getting worse, and now dozens of nations are spending more on interest...
‘U.S. growth is exceptional’: World Bank sees America fueling the global economy in 2024
Market Watch· 1 day agoeconomy — accounted for 80% of the World Bank’s upgraded outlook. The agency now expects the U.S. ...
Global Traders Flood American Markets in Search for Safety
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- Stung at home by fraught politics and flat economies, international investors are...
With Moody's Predicted To Cut Paramount to Junk Status, Is a Government Bailout of Hollywood Really...
Next TV via Yahoo Finance· 1 day agoHollywood may have a reputation as frivolous, but in terms of the jobs, the economy and America’s...
UBS global strategist Garthwaite says European stocks are set to outperform U.S.
CNBC· 6 hours ago"We think that there are good idiosyncratic reasons why the US should underperform," the strategist...
Emerging nations crippled by $29 trillion in debt while creditors milk surcharges
Boing Boing· 5 hours agoAs if dealing with COVID-19, conflicts, and climate change wasn't enough, emerging nations are now suffocating under a colossal $29 trillion in public debt. According to a ...
Surprising U.S. economy is powering better global outlook, World Bank says
Washington Post· 3 days agoThe global economy is in better shape than it was at the start of the year, thanks largely to the...
China needs bond market reforms to rein in soaring debt, S&P Global says
CNBC· 17 hours agoDespite the government's efforts, debt levels remain very high even as nominal GDP growth has...
Foreign Investors Have Been Propping Up US Bond Market This Year
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Credit investors have spent much of the year wondering when foreign demand for...