ABU DHABI / AD MEDIA OFFICE As part of its continuous efforts to develop care ...
Read More »Beware the weak debt tail wagging emerging markets
It’s not often that the International Monetary Fund (IMF) warns of a risk to global financial stability at its spring meeting in Washington, and almost immediately evidence jumps out of a bank earnings report in Mumbai. That’s what happened on Wednesday. The IMF released analysis showing an alarming buildup of vulnerable corporate debt — the kind where operating profit ...
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