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IMF predicts global public debt will be at 93% of GDP by end of 2024

Africa

World Bank’s Banga says more bilateral debt forgiveness needed

Business

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Africa

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Banks saddled with $30 billion in unwanted debt in risk exodus

Business

The Business Files Reporter - October 20, 2022

The world’s biggest banks have already had to use about $30 billion of their own cash this year to fund loans for acquisitions and...

World stocks slip, upbeat earnings compete with rate-hike angst

Business

The Business Files Reporter - October 19, 2022

World stocks were a touch softer on Wednesday with sentiment caught between upbeat earnings and further signs that strong inflation will keep central banks...

Turbulent markets jolt currency hedge funds from decade-long slumber

Business

The Business Files Reporter - October 18, 2022

Veteran hedge fund manager John Taylor describes one of his favourite Gary Larson cartoons, where one vulture sitting on an animal carcass says to...

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IMF predicts global public debt will be at 93% of GDP by end of 2024

The Business Files Reporter - October 21, 2024

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