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Zombies: Ranks of world’s most debt-hobbled companies are soaring, and not all will survive
Anchorage Daily News· 5 hours agoThey are called zombies, companies so laden with debt that they are just stumbling by on the brink...
Italy's bad loan manager doValue to buy rival Gardant, shares surge
Reuters· 2 days agoShares of doValue jumped as much as 9% in early trade, but trimmed gains to be up 4%. Impaired loans at European banks have held at very low levels thanks to government support measures that ...
Giorgia Meloni's Italy - The Globalist
The Globalist· 6 days agoItaly’s Prime Minister Giorgia Meloni epitomizes modern European right-wing populism. We present some pivotal facts about the country she leads.
EU’s wobbly budget rules can bolster shaky economy
Reuters· 6 days agoEurope’s new budget rules can work only if Brussels can stretch them. 11 countries including France, Italy and Belgium, posted 2023 deficits above 3% of...
Takeaways from AP analysis on the rise of world's debt-laden 'zombie' companies
San Francisco Chronicle· 2 days agoAn Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden...
Rising Debt, Gradual De-dollarisation Are Growing Risks for US Sovereign Rating
FX Empire via Yahoo Finance· 5 days agoThe challenges of dealing with rising debt and gradual de-dollarisation, which might both accelerate...
Hannon’s Take: U.S. Government Debt Is A Growing Concern
The Wall Street Journal· 3 days agoThe changing outlook for the Federal Reserve’s key interest rate has been a preoccupation for many...
ECB Rate Cut Will Be Rare Bright Spot in Troubled Euro Area
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- This week’s interest-rate cut is a milestone for the European Central Bank. Most Read...