Global equity funds see biggest weekly outflow in five weeks
May 5 (Reuters) – Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a...
How a US debt crisis standoff could cause a recession – a bad one
WASHINGTON, May 3 – A fight between Republicans and Democrats over the debt limit ceiling could send the U.S. economy into a recession even if...
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
WASHINGTON, May 1 (Reuters) – U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the...
Bank of England projects 100 billion pound loss for QE programme
LONDON, April 28 (Reuters) – The Bank of England estimated on Friday that its quantitative easing programme would rack up a total financial loss of...
Debt ceiling jitters lift US credit default swaps to highest since 2011
LONDON, April 20 (Reuters) – Market jitters over the U.S. debt ceiling lifted the cost of insuring exposure to its debt to the highest level...
Argentina’s economy teeters on the edge of deeper crisis as market anxiety grows
BUENOS AIRES, April 21 (Reuters) – Argentina’s economy will teeter on the edge of a deeper crisis in the run up to October’s presidential vote...
Argentine peso hits record low in black market as economy creaks
BUENOS AIRES, April 20 (Reuters) – Argentina’s peso currency sank in widely used parallel markets on Thursday, hitting a record low against the U.S. dollar...
Explainer: Looming US debt ceiling fight is starting to worry investors
NEW YORK, April 20 (Reuters) – A debt ceiling fight is looming in the U.S. yet again, giving investors another worry for markets this year....
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...