On 19 March, the Bank of Japan (BoJ) became the last central bank to lift its interest rates out of negative numbers. The key rate had been at -0.1 percent since January 2016.
Tag: Global Economy
PRIVATE EQUITY FIRMS UNABLE TO SELL 28,000 COMPANIES
Private equity firms buy businesses, wait for them to appreciate, then cash out and distribute the profits among their investors.
CORPORATE DEFAULTS AT HIGHEST SINCE GREAT RECESSION, S&P SAYS
So far this year, 29 corporations have defaulted on their debts, more than in any similar period since 2009 during the Great Recession when 36 corporations failed to pay. Inflation, high interest rates, rising wages, and sluggish consumer demand are to blame, according to S&P.
COVID WAR SLASHED DEVELOPING COUNTRIES’ ABILITY TO INVEST, UN SAYS
The chasm separating the world’s most- and least-developed nations has widened to its largest in nearly 10 years, the United Nations’ Human Development Index has found.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
OIL PRICES DOWN AS ECONOMIES GO DOWN
Oil futures fell last week in parallel with China’s declining imports and a generously supplied market.
RICHEST COUNTRIES HITTING NEW DEBT RECORD
New borrowing among the world’s richest countries will reach a record $15.8 trillion this year, according to the 38-member Organization for Economic Cooperation and Development (OECD). The nations’ total debt will reach $56 trillion this year, up from $54 trillion in 2023, it projected.
GOING OUT OF BUSINESS TRENDS
In recent times, the economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, looming fears of a recession, and a tangible decrease in revenues for many sectors…
WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.