Israel Put Under Ratings Watch By Fitch
As the geopolitical risks mount from the escalating conflict between Israel and Hamas, US credit ratings agency Fitch has put the A+ sovereign credit rating of Israel on a ratings…
US, UK, And Italian Economies Under Debt Threat – Experts
On Monday, Reuters reported that the uncontrolled accumulation of debt by Western countries, as well as social spending and the increasing amounts being expended on climate change, are all increasing…
China’s Property Crisis Accelerating As Country Gardens Defaults
Chinese property stocks are heading toward a 14-year low, as slumping home sales and increasing debt problems hitting major developers continue to pile stress on the sector. On Wednesday, a…
British Shoppers Are Cutting Back On Spending
According to the latest sales-monitor report from the British Retail Consortium (BRC) and KPMG which was released this week, in September, retail sales in the UK fell as the cost…
Argentina Hikes Interest Rates To 133%
For the sixth time this year, Argentina’s central bank hiked the nation’s benchmark interest rate, as the regulator seeks to constrain soaring prices which have weighed heavily on incomes, and…
Australian Regulator Sees No Stress In Home Loans
Australia’s banking regulator said there is no cause for concern regarding the pockets of stress which have been observed in the nation’s housing market ramping up and becoming more widespread.…
IMF Says Ukraine Must Collect More Taxes As Foreign Funding Will End Soon
The head of the International Monetary Fund’s (IMF) mission in Ukraine has told the nation it will need to find a way to finance itself, because it is likely to…
Russian Electricity Costs One-Tenth The Price It Does In Britain
On Wednesday, a leading Russian banker noted in a speech that the cost for electricity in Russia is almost ten times lower for Russian consumers than in Britain, and roughly…
Japan Producer Inflation Falls Below Latest CPI Gauge
Japan’s producer prices slowed their rate of increases more than analysts had expected in September, dropping under the latest consumer inflation reading, something not seen since early 2021. It was…
IMF Increases Forecast For Russian GDP Growth
The growth forecast for the Russian economy in 2023 has been upgraded again by the International Monetary Fund (IMF), which issued its new World Economic Outlook with revised figures on…
