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Emerging nations crippled by $29 trillion in debt while creditors milk surcharges
Boing Boing· 4 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 ...
Why Bond Markets Are So Spooked by the French Election
The Wall Street Journal· 5 days agoThey haven’t concluded that France is Greece—but increasingly treat the country on a par with Spain...
Barack Obama visited Detroit last night. He still wants us to have hope. | Opinion
Detroit Free Press via Yahoo News· 6 days ago"A lot of other communities felt left behind as cities pulled in resources. That may sound strange...
Macron on the brink as France’s economic woes ‘threaten to destroy the euro’
Daily Express· 6 days agoEmmanuel Macron, still reeling after his party’s drubbing in this weekend’s European elections, has...
Putin’s Gazprom ordered to pay €13bn to German energy giant
The Telegraph via Yahoo News· 6 days agoRussian energy giant Gazprom has been ordered to pay €13bn (£11bn) to Germany’s Uniper after it...
Gateway - Quartz
Quartz· 22 hours agoKeeping track of time proved to be a nearly impossible task for people in Lebanon over the weekend. On Sunday (Mar. 26), some institutions waited to delay the clocks, but others did not. While ...
French markets caught in a storm as bonds, bank stocks hit
Reuters· 4 days agoFrench markets endured another brutal sell-off on Friday, as political uncertainty unleashed the...
Unusually heavy monsoon rains in Pakistan will affect 200,000 people, a top UN official warns
Associated Press· 5 days agoAn estimated 200,000 people in Pakistan could be affected by the upcoming monsoon season, which is...
The week ahead: Central banks and inflation in focus, as French woes are set to continue
The Forex Market· 1 day agoWhen politics and financial markets collide, the effects can be brutal, as the French and European...
$29 Trillion: That’s How Much Debt Emerging Nations Are Facing
New York Times· 4 days agoA decades-long crisis is getting worse, and now dozens of nations are spending more on interest...