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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Tag: inflation
Havoc in the US Housing Market: What’s Happening
The housing market has once again started to rally after being down south in the winters ...
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Bank of England Governor Admits Rate Hike as Painful for Citizens
The Bank of England chose a bigger rate hike in order to calm the financial markets, ...
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Exploring the Resilience of Australia’s Home Loan Markets Despite RBA Rate Hikes
The stress test indicated that Australia’s top Residential Mortgage-backed Securities will only come under pressure if ...
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Debt Crunch: Argentina-IMF deal worth $44B stalls
In 2018, Argentina struck a deal worth $57 billion with IMF which failed and was replaced ...
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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 ...
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‘Caught in the Quicksand’: Developing countries struggle under rising financial obligations
Eradication of poverty remains the number one priority for developing countries but multiple crises have shaken ...
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Turkish Lira Plunges to Historic Low as Erdogan Begins New Term
The Turkish Lira has plunged to a historic low of 23.23 against the US Dollar The ...
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Australia Announces Steep Rise in Minimum Wage Amid Cost of Living Crisis
Australia’s lowest-paid workers now have cause to cheer as they will receive a large pay rise ...
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Sri Lanka’s unexpected rate cuts for the first time in 3 years: The worst is over
Economic negligence coupled with the effects of Covid -19 pandemic rang the death bell for Sri ...
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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.
