The war in Ukraine has generated an economic tidal wave which is crashing over countries near and far. Among the more far-flung is Sri Lanka, half a world away from the battlefield, where surging food …
Tag Archive for: "debt"
Through no fault of their own, developing countries face a perfect storm of famine, political upheaval and debt crises. Russia’s invasion of Ukraine and the Western-led sanctions it triggered are partly to blame, as are …
Japan’s sovereign credit rating could fall one to three notches in the coming decade if the government does not implement a credible fiscal consolidation plan. This risk, which the ASEAN+3 Macroeconomic Research Office highlighted in …
As Italy scrambles to control surging Covid-19 infections—including by making vaccination compulsory for anyone over 50—cracks are appearing in the broad ruling coalition led by Prime Minister Mario Draghi. A crucial test will come next …
Financial Times chief economist Martin Wolf has warned that US President Joe Biden’s big-spending stimulus program risks generating a burst of inflation that could lead to a financial crisis and deep recession before the 2024 …