World Economic Outlook: Divergent Recoveries

African economies began tapping into overseas markets for funding in the early 2000s, after debt burdens had been alleviated by the Highly Indebted Poor Countries (HIPC) Initiative. However, surging interest rates on dollar- and euro-denominated loans in recent years have prompte ...  Afficher plus

Unprecedented debt levels are pressing governments to make tough choices. While aging populations demand more public spending, resources are stretched thin, and the days of cheap borrowing that allowed the debt burden to be kicked down the road are behind us. Rodrigo Valdés and E ...  Afficher plus

<div class= "c-message_kit__blocks c-message_kit__blocks--rich_text"> <div class= "c-message__message_blocks c-message__message_blocks--rich_text" data-qa="message-text"> <div class="p-block_kit_renderer" data-qa="block-kit-renderer"> <div class= "p-block_kit_renderer__block_wrap ...  Afficher plus

https://traffic.libsyn.com/secure/bizpod/BEN55-2024-Outlook.mp3 In this Business English News lesson on the economic outlook for 2024, we look at business English vocabulary related to the global economy and finance. At the start of every year, economists love to make predictions ...  Afficher plus

Ethan Harris, Head of Global Economics at Bank of America Merrill Lynch, joins the show to take a stethoscope to economies around the world for health checks. Plus, the markets bent, but didn’t break, after volatility swept in with the Autumn wind. What should investors expect fo ...  Afficher plus

Over time, we expect the world to get richer. Yes, there are disruptions and setbacks (and we have seen several large ones in the last few years) but the expectation is to see growth and an increase in material wealth. And yet for years, many countries around the world have seen ...  Afficher plus