According to new reports, Sergio Massa has promised that Argentina will stop printing money amid the current 60% inflation, which was caused by the Fernández administration’s reliance on money printing to pay off the nation’s escalating fiscal debt.
US President Biden’s comments that the economy is doing well were refuted by Eric Adams, who later changed his position. So what’s the truth? Is the Wall Street actually collapsing?
The recent GDP report has revealed that the US economy is slipping into a recession as inflation weighs on growth, but according to Morgan Stanley, this year’s third quarter will see better growth.
India has setup its very first international bullion exchange. Who is permitted to trade on the IIBX, and what goods will be first provided for trading? What benefits does India’s bullion exchange offer? Here’s how it will work.
Petroleum is the most common import in all of America and the most popular import in 12 states. Let’s see what the other top US exports and imports are on a state by state level.
AT&T has crashed as Americans can’t afford to pay their phone bills. Peers Verizon and T-Mobile were also affected by this, which sent their shares lower despite second-quarter results that exceeded expectations.
Will Malaysia go bankrupt like Sri Lanka? Tengku Zafrul Tengku Abdul Aziz, the finance minister of Malaysia, responded to suggestions that due to government debt, the nation would experience financial devastation similar to that of Sri Lanka.
Cost of living has been a major concern for many people worldwide due to rising inflation and higher pricing for consumer items. Let’s take a look at the comparisons in the cost of living around various parts of the world.
According to Bloomberg’s Sovereign Debt Vulnerability Ranking, here is the list of countries with the highest default risk.
