global debt

Debt, AI boom and fragilities raise global risks: BIS

More than three months into the Iran conflict, higher oil prices are compounding risks for highly indebted borrowers.

Global junk debt flashes warning on growing risk of stagflation

Ashmore's Mark Coombs says: “Once confidence is gone, you have a real problem, you do get a market shock.”

UK not alone in risking another ‘Liz Truss moment’, says Ashmore CEO Coombs

The weaker US dollar has worked as a buffer across developing economies, limiting the impact in emerging markets of the spike in volatility.

Global debt hits record of over US$324 trillion, banking trade group says

The IMF’s latest Fiscal Monitor projected that global public debt will grow 2.8 percentage points to 95.1 per cent of global GDP in 2025, reaching 99.6 per cent of global GDP by 2030.

Global roundtable sees rising debt risks for low-income countries as uncertainty mounts

Sri Lanka is among several developing countries that have already defaulted on their external obligations, triggering a slow and painful process of debt restructuring and sweeping economic reforms.
THE BROAD VIEW

The urgency of global debt reform

Global funds were net buyers of government bonds in December, and the cost to insure South Korea’s debt against default hit only a four-month high.

South Korean markets ride out crisis as global debt funds keep buying

Finance Minister Lan Fo’an says there will be more “counter-cyclical measures” this year.

China's briefing on stimulus gets lukewarm investor reception

The move is expected to lower IMF borrowing costs for members by 36 per cent, or US$1.2 billion every year.

IMF moves to ease billions in penalty fees for biggest borrowers

Countries like Ghana, Sri Lanka and Zambia have defaulted on their debt in recent years, while others are struggling to make payments after the global interest rate hiking cycle sent borrowing costs higher.

Debt burden threatens poor countries’ development goals: UN