The ‘Zombie Mortgage Debt’ spooking homeowners
Zombie Mortgages are those mortgage debts that people thought were satisfied or forgiven long ago but ...
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Saudi Debt Market Liquidity Triples to SR 2.5 Billion as Sector Expands
The debt market of Saudi Arabia is expected to double in the next five years in ...
Zhongzhi Headed for Insolvency With a Debt Mountain of $64 Billion
Zhongzhi is a major player in the $3 trillion shadow banking sector operating in China Zhongzhi ...
What Impact Would an Increased Interest Rate Have on Credit Cards, Mortgages and Alike?
The Federal Reserve has raised rates to the range of 5 - 5.25%. Its efforts to ...
Wall Street Braces for Aftershocks of United States Debt Default
Wall Street banks prepare for fallout from possible default as the talks of raising the United ...
Lloyds Struggles With Mortgage Loans As Profit Growth Slows Down
Lloyds had discharged assistance of 1.4 billion pounds after the covid aftermath. This year it has ...
China’s massive mortgage boycott by homebuyers affects over 200 projects
Cash-starved property developers in China are facing the heat from homebuyers, who have threatened to halt ...
Rising interest rates and a class of struggling people
If the interest rate hikes are persistent, a global recession is likely unavoidable. The Credit Suisse ...
Canada’s Resilience to Interest Rate Hikes: What’s Behind the Strength?
Canada’s economy hasn't budged under the weight of high borrowing costs till now. The economy’s surprisingly ...
Is Expansion In the Chinese Manufacturing Sector Short-Lived Due To Looming US Presidential Elections?
Declining prices and orders negatively impacted the Chinese manufacturing sector. Chinese manufacturing activity witnessed an expansion ...
The Global Economics Limited is a UK based financial publication and a Bi-Monthly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.
