Stay updated with breaking news from கடன் தரவுத்தளம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
F&D Reports / Creditntell Launches Retailer Debt Database prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Global markets are mixed this morning with only small movements up or down. Gold is trending up, oil is mixed, and bitcoin is also trending up. Here is the current market situation from CNN Money European markets are mixed today. The DAX is up 0.52% while the FTSE 100 gains 0.06%. The CAC 40 is off 0.36%. What Is Moving the Markets Here are the headlines moving the markets. How Much Higher Can Oil Prices Go? Oil prices have rallied back to the point they are almost ready to match pre-Covid levels. There are two key drivers for this miracle, which no one predicted early on as being possible in this period of time. The first is the production curbs by U.S. producers and of course, the millions of barrels of oil per day withheld by the OPEC+ cartel. The second is recovering demand, putting-so far, slight pressure on supplies, and creating a market condition known as Backwardation. A market condition where the future price of a commodity ....
Many countries entered the pandemic with elevated debt levels. Our new update of the IMF’s Global Debt Database shows that global debt - public plus private - reached $197 trillion in 2019, up by $9 trillion from the previous year. This substantial debt created challenges for countries that faced a debt surge in 2020, as economic activity collapsed and governments acted swiftly to provide support during the pandemic. Higher debt can potentially reduce the ability of governments to react to the COVID-19 crisis. Our data show that the global average debt-to-GDP ratio (weighted by each country’s GDP in US dollars) rose to 226 percent in 2019, 1.5 percentage points higher than in 2018. Most of the increase came from ....