macro-economy

World Bank explains stance on Nigerian govt’s debt – Premium Times – 18/10/2017

The World Bank Group on Wednesday denied that the Bank disagreed with the Minister of Finance, Kemi Adeosun, over the borrowings by the Nigerian government to stimulate the economy and finance infrastructure projects in the country.

Source:  Premium Times, 2017/10/18

By |October 19th, 2017|Categories: News|Tags: , , |

China’s $150bn debt-for-equity swap shows signs of fizzling – Financial Times – 18/10/2017

China’s plan to swap more than $150bn in corporate debt with equity from banks and other investors has moved forward far slower than expected as banks and companies question the benefits of such deals.

Source:  Financial Times, 2017/10/18

By |October 19th, 2017|Categories: News|Tags: , , |

Emerging Markets-China stocks hit 26-mth high, Mexican peso rebounds – Reuters – 19/10/2017

China’s stocks hit a 26-month high on Wednesday as a twice-a-decade Communist Party congress began with promises to boost the economy.

Source:  Reuters, 2017/10/19

By |October 19th, 2017|Categories: News|Tags: , , |

Credit-market shock could catch investors flatfooted: IMF – The Globe and Mail – 11/10/2017

A shock to credit markets could catch investors flatfooted and derail a global economic recovery that is largely strengthening, according to the International Monetary Fund.

Source:  The Globe and Mail, 11/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

IMF warns of ‘vulnerabilities’ that could derail global recovery – Financial Times – 08/10/2017

The International Monetary Fund has warned that good times in the global economy mask longer-term risks, including a $135tn debt pile in G20 nations that companies and consumers are already finding difficult to service.

Source:  Financial Times, 08/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

Wolfgang Schäuble warns of debt-driven global financial crisis – Financial Times – 08/10/2017

Wolfgang Schäuble has warned that spiralling levels of global debt and liquidity present a big risk to the world economy, in his parting shot as Germany’s finance minister.

Source:  Financial Times, 08/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

Saudi Arabia curbs oil exports to combat glut – Financial Times – 09/10/2017

Saudi Arabia is allocating fewer barrels of crude for export next month and at a level below current demand, emphasising the effort by global producers to reduce surplus inventories.

Source:  Financial Times, 09/10/2017

By |October 12th, 2017|Categories: News|Tags: , , |

International Monetary Fund warns of ‘risks down the road’ from global debt build-up – City A.M. – 03/10/2017

The International Monetary Fund (IMF) today warned that increasing leverage levels in financial markets may signal “risks down the road” for the global economy, despite benign current conditions.

Source:  City A.M., 03/10/2017

By |October 5th, 2017|Categories: News|Tags: , , |

Catalonian crisis drags European bourses down, banks fall – Reuters – 04/10/2017

European shares fell on Wednesday with Spain’s IBEX marking its biggest loss since last year’s Brexit vote shook equity markets. The impact of the crisis in Catalonia spread from Madrid and Spanish banks to the wider industry and euro zone region, particularly Italy.

Source:  Reuters, 04/10/2017

By |October 5th, 2017|Categories: News|Tags: , , |

World Bank revises growth forecast – Khmer Times – 05/10/2017

In its latest report, the World Bank has revised its forecast of the kingdom’s real economic growth for 2017, lowering it by 0.1 percentage points to 6.8 percent. In April this year, the World Bank reported that Cambodia’s outlook for growth remains favourable in the medium term, with growth projected to reach 6.9 percent in [...]

By |October 5th, 2017|Categories: News|Tags: , , |