China’s yuan fell 10 percent against the dollar since April 2018 and Italy is proceeding with a budget proposal that could hurt the EU’s budget guidelines.
Central banks have been tightening monetary policies and increasing interest rates amid the massive financialization of the global economy.
Lira, the currency of Turkey, has dropped 70 percent so far this year against the U.S. dollar amid the country's ongoing debt crisis.
The world's economic landscape could look very different in a little over two decades.
Italy is currently facing a massive amount of loan, with government debt at 132 percent of GDP and loans totaling up to 40 percent of the...
With a cyclic inflation-deflation behavior seen at the stock market, investors are expecting further increases in global debt tantamount to $237 trillion.
Back in the day, luxurious European accommodations were only afforded by the rich. Thanks to modernization, they are now made accessible.
Despite a rise, an expert believes that the slight increase in recent stocks will only contribute to the economic fluctuations leading to a bond collapse.
The global economy is expected to grow once again next year.
Rising metal prices mean growth while falling prices translates to an economic slowdown.