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Pakistan's tax-heavy budget likely to land IMF bailout, but stoke tensions
Reuters· 3 days agoPakistan had to reduce its fiscal deficit as part of negotiations with the IMF, with which it is...
French markets caught in a storm as bonds, bank stocks hit
Reuters· 3 days agoFrench markets endured another brutal sell-off on Friday, as political uncertainty unleashed the...
Analysis-Pakistan's tax-heavy budget likely to land IMF bailout, but stoke tensions
Reuters via Yahoo Finance· 3 days agoThe South Asian country has set a challenging tax revenue target of 13 trillion rupees ($47 billion)...
Stephen Moore: Biden housing scheme could ignite another 2008 mortgage crisis
BizPac Review· 6 days agoIt was only 17 years ago that the “subprime” mortgage crisis torpedoed the economy and sent the financial markets into the biggest tailspin since the Great Depression. One ...
Emerging nations crippled by $29 trillion in debt while creditors milk surcharges
Boing Boing· 2 days 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 new UN report, the ...
The government using taxpayer money to bail out banks will unavoidably continue. Here’s why
Fortune· 6 days agoOn October 16, 2008, my old boss at Goldman Sachs, Hank Paulson, then U.S. Treasury Secretary, asked the leaders of America’s nine biggest financial institutions to accept an injection of equity ...
Futures File: Take me home, Consumer Price Index
The Record-Eagle, Traverse City, Mich. via Yahoo Finance· 1 day agoJun. 15—The May 2024 Consumer Price Index numbers were released on Wednesday and monthly CPI was unchanged month on month and up 3.3% over the last 12 months. That is the lowest monthly inflation ...
Why Bond Markets Are So Spooked by the French Election
The Wall Street Journal· 4 days agoThey faced much bigger problems, which led to bond yields so high they created a doom loop between...
$29 Trillion: That’s How Much Debt Emerging Nations Are Facing
New York Times· 3 days agoA decades-long crisis is getting worse, and now dozens of nations are spending more on interest...
French Chaos Poses Little Contagion Risk to Europe Bond Rally
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- It will take a lot more than political chaos in the European Union’s second-biggest ...
