For starters, financial markets are overvalued. The Dow broke 50,000 last Friday. But more importantly, several key sectors are over-leveraged and undercapitalized. A lot of investment is speculative, ...
Private credit is expected to grow from $3.4 trillion in 2025 to an estimated $4.9 trillion by 2029. Wall Street is starting ...
The world body warned it would run out of money by July and have to close its New York headquarters if countries, namely the ...
By Emma Farge and David Brunnstrom GENEVA/WASHINGTON, Feb 4 (Reuters) - U.N. Secretary-General Antonio Guterres is sounding ...
The UN chief has told member states that the organization is at risk of “imminent financial collapse,” citing unpaid fees and a budget rule that forces the global body to return unspent money, a ...
The United Nations chief is warning that the world body faces "imminent financial collapse" unless its financial rules are overhauled or all 193 member nations pay their dues in full and on time.
Britain’s Financial Conduct Authority (FCA) said it is closely monitoring the fallout from the collapse of US auto parts maker First Brands Group, warning that the case underscores growing risks in ...