The International Monetary Fund, however, estimates LGFV debt amounted to 60 trillion yuan at the end of 2023, or 47.6% of ...
(Reuters) - China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing ...
Unemployment is 4.1% — quite low by historic standards. Among wealthy countries, only Spain will experience faster growth ...
An economist, Bismarck Rewane, has projected that the naira will strengthen further in January 2025 compared to its current ...
China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening ...
Junk-rated dollar debt from developing nations is attracting fresh bets from money managers at UBS Asset Management, Lazard ...
About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. Biden administration officials are pressuring ...
The move is expected to provide relief to businesses and citizens, who have suffered from steep and sudden increases in ...
China's top legislative body, the standing committee of the National People's Congress (NPC), approved a bill on raising ...
International Monetary Fund data shows the global economy has stabilized since the pandemic shock four and a half years ago.
An economist says Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable.
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