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Global government borrowing to reach a record $12.3 trillion - FT
Global government borrowing will increase by 3% to $12. 3 trillion due to rising defense spending and high interest rates. Total debt will reach $76.9 trillion, which will account for 70.2% of global GDP.
Economy • March 4, 10:10 AM • 21968 views
S&P downgrades Ukraine's credit rating to “selective default” amid debt restructuring
S&P has downgraded Ukraine's credit rating due to the non-payment of a coupon on its Eurobonds. This decision followed a similar move by Fitch, which had earlier downgraded Ukraine's rating to a level close to default.
Economy • August 3, 10:39 AM • 27232 views