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World Bank Raises Cambodia's Growth Forecast for 2023 to 5.5%
Banking

World Bank Raises Cambodia's Growth Forecast for 2023 to 5.5%

The World Bank on Thursday raised its growth forecast for Cambodia to…
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Pete Sadler
Zimbabwean Banks Explore Offering Loans Supported by New Digital Currency
Banking

Zimbabwean Banks Explore Offering Loans Supported by New Digital Currency

Banks in Zimbabwe may offer loans using the newly released gold-backed digital…
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Pete Sadler
Schumer's Attempt to Involve Big Banks in the Debt-Ceiling Battle
Banking

Schumer's Attempt to Involve Big Banks in the Debt-Ceiling Battle

Jamie Dimon, Jane Fraser and other bank executives went to the Capitol…
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Pete Sadler
Bianco's Cautionary Stance Clashes with Banks' "All-Clear" Signal in Surveillance
Banking

Bianco's Cautionary Stance Clashes with Banks' "All-Clear" Signal in Surveillance

Regional banks were back in vogue yesterday, with a feeling that the…
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Pete Sadler
Bank of Canada Governor Tiff Macklem Urges Vigilance, Identifies Household Debt as Critical Risk in Canada's Financial System
Banking

Bank of Canada Governor Tiff Macklem Urges Vigilance, Identifies Household Debt as Critical Risk in Canada's Financial System

The Bank of Canada highlighted early signs of financial stress among Canadian…
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Pete Sadler
Binance Australia Faces Banking Disruption as Payment Provider Suspends Services
Banking

Binance Australia Faces Banking Disruption as Payment Provider Suspends Services

The Australian arm of Binance, the world’s largest crypto-currency exchange, on…
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Pete Sadler
China's Loans Pushing World's Poorest Countries to the Brink of Collapse, Reports Indicate
News

China's Loans Pushing World's Poorest Countries to the Brink of Collapse, Reports Indicate

China's overseas lending is pushing the world's poorest countries toward financial collapse, raising questions about debt sustainability and geopolitical leverage.…
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Pete Sadler
Lebanese Economy Continues to Decline, No Signs of Stabilization, Warns World Bank
News

Lebanese Economy Continues to Decline, No Signs of Stabilization, Warns World Bank

The Lebanese economy is in a steep decline and is a long…
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Pete Sadler
Global Debt Reaches Alarming Levels as Rate Hikes Spark a 'Crisis of Adaptation,' Warns Top Trade Body
News

Global Debt Reaches Alarming Levels as Rate Hikes Spark a 'Crisis of Adaptation,' Warns Top Trade Body

The global debt pile grew by $8.3 trillion in the first…
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Pete Sadler
Global Debt Climbs as Emerging Markets Surpass $100 Trillion, Reveals IIF Study
News

Global Debt Climbs as Emerging Markets Surpass $100 Trillion, Reveals IIF Study

A measure of debt across the globe rose in the first quarter…
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Pete Sadler
Credit Suisse Bond Losses Won't Trigger Credit Insurance Payout
Banking

Credit Suisse Bond Losses Won't Trigger Credit Insurance Payout

Holders of credit insurance linked to Credit Suisse bonds will not get…
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Pete Sadler
IMF Grants $3 Billion Emergency Funding to Ghana for Economic Revival
Banking

IMF Grants $3 Billion Emergency Funding to Ghana for Economic Revival

The International Monetary Fund approved Ghana’s request for a $3 billion…
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Pete Sadler
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