According to the Bank Group, the structure of African debt has changed considerably. Bilateral debt now represents 27% versus 52% in 2000, whereas commercial debt accounts for 43% of total debt up from 20% in 2000.
Early release scheme ‘unravelling’ as high-risk prisoner freed early into homelessness only to return days later
World stocks took a breather on Thursday after a strong few weeks, while the pound lost ground as the Bank of England edged towards rate cuts and a swooning Japanese yen prompted more intervention talk in Tokyo. The pan-European STOXX 600 was consolidating two straight record highs, although London’s FTSE set a new one after […]
Not Just The US: Global Debt-To-GDP Ratios Are Skyrocketing Via SchiffGold.com, The US national debt is so out of control that, ironically enough, even the Federal Reserve chair has expressed concern about the problem. And while America is among the top contributors, it isn’t just the US that’s spending money it doesn’t have: after briefly declining in 2023, the global debt-to-GDP ratio is again at an all-time high. Even though interest rates are still extremely low by any free...
Researchers say the discovery of very high genetic diversity in leopards found in the Highveld region of South Africa has increased the need for conservation efforts to protect leopards in the country.
Administrators for beleaguered budget carrier Bonza insist there are still multiple parties interested in buying the cash-strapped airline despite it owing about $110 million. The extent of the low-cost airline’s financial woes were laid bare at its first creditors’ meeting in Sydney on Friday. Bonza owes nearly $77 million across two loans, almost $16 million […]
The U.S. State Department said it is aware of an increased risk of foreign terrorist-inspired violence against LGBTQ2 people and events around the world.
The advisory warns cyber actors backed by Russia, China and other countries are increasingly targeting non-profit and advocacy groups, journalists and other civil society members.
Two people were rescued after orcas hit the roughly 50-foot Alboran Cognac 14 miles off the coast of Morocco, the 26th orca encounter in the region this year.
Retirees and near retirees face unique dilemmas when it comes to trying to make their money last amid rising prices.
Record Household Debt, Jump In Delinquencies Signal "Worsening Financial Distress", Fed Warns While the market remains focused on tomorrow's CPI print, and to a lesser extent the April retail sales reports due at the same time, which will both be released at 8:30am on May 15. we should to flag another important report that doesn’t typically get a lot of attention: the New York Fed’s Household Debt and Credit Report for 1Q 2024 which was just published, and where the latest data on...
The morning rain and storms have moved out of the state, but more showers