Going into default is a nightmare for any country – one most recently endured by Argentina, in July. Compared to some previous cases, however, the South American state got off lightly. The past is ...
Through a mix of smart policy and good fortune, Australia’s economy has managed to dodge recession for 25 years The Sydney skyline: the Australian economy has resisted recession for 25 years In ...
Once the largest lender in the world by assets, Deutsche Bank’s reputation has been dented by allegations of money laundering, questions over its dealings with the US president and a series of profit ...
As the evidence has shown in the months since, they are not as safe as we all thought. In the bigger picture the global financial system is under stress and in some regions is in turmoil, partly ...
Will AI solve rich countries’ debt woes? AI-driven productivity gains are widely expected to ease advanced economies’ fiscal strains through higher tax revenues. But shifts in income distribution, ...
The global banking industry in the past year has operated within an environment of significant complexity. Economic headwinds, high interest rates, persistent inflation, and geopolitical tensions have ...
Despite a succession of shocks since 2020, the global economy has held up remarkably well – so far. But the margin for error is dwindling. Total global debt is now ...
One way of measuring global policy-makers’ concerns about the unprecedented increase in debt around the world is the number of times the subject is raised at high-level conferences. And it comes up ...
For decades, Africa’s growth story was framed around potential. Today, it is increasingly about execution, integration and capital. Zenith Bank’s expansion across the continent reflects a broader ...
Angry Parisians, heaps of uncollected rubbish, clashes with the police. While being a traditional French pastime, demonstrations also carry a symbolic meaning, capturing the zeitgeist of the time. If ...
In the Pension Funds Awards 2026, World Finance will once again be putting together the most comprehensive awards in the industry In a busy and competitive industry, organisations must constantly be ...
Today’s system of exchange rates act as the lynchpin of the age of globalisation, but the road to that system has been tumultuous, shaped by a series of mistrials In 1944, a mechanism for fixed ...
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