Tag: indebted

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

Market Confidence Could Quickly Crumble, BIS Warns Indebted Nations

The BIS did not single out any nation in particular but cautioned advanced economies from running fiscal deficits larger than 1% of the gross domestic [...]
Elon Musk will be most indebted CEO in America if Twitter deal closes

Elon Musk will be most indebted CEO in America if Twitter deal closes

The world's richest person could soon add another title to his name – America's most leveraged CEO.Two-thirds of Elon Musk's financing for the $44 bil [...]
Breaking Lebanon’s foreign exchange peg may very well be ruinous for massively indebted nation

Breaking Lebanon’s foreign exchange peg may very well be ruinous for massively indebted nation

LONDON: Lebanon’s political and banking disaster has put rising strain on its 22-year-old forex peg to the US greenback and overse [...]
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