Global Debt News & Analysis
Pakistan’s Debt Dispute with UAE Signals Possible Bilateral Rift
Islamabad’s attempt to position itself as a credible mediator in the Iran war obscures evidently deteriorating relationships with regional partners like the UAE.
Deficits Risk Sidelining Austria from EU Geopolitical Strategy
If Vienna fails to restore its fiscal credibility, it risks becoming a “rule taker” rather than a rule maker at a time when Europe faces multiple geopolitical challenges.
Geopolitics Weekly (Iran War, Bond Yields, Russian Internet)
Examining the latest developments in the US-Israel Iran war, signs of distress in UK bond markets, and Russia’s advancing efforts to assert state control over its domestic internet.
No Leverage, No Exit: Turkey’s Dealmaking in Somalia
Turkey’s dealmaking in Somalia over the past decade tends to be assessed in isolation. But when the whole picture is considered a new model of middle power engagement begins to emerge, complete with new risks and structural dependencies.
Geopolitics Weekly (US-Venezuela Relations, France Debt Downgrade, Nepal Protests)
This week we cover the deterioration of US-Venezuela relations in the wake of a US military strike on alleged drug traffickers; Fitch downgrading France sovereign debt to the lowest rating on record; a new government in Nepal after a wave of deadly protests; and signs of destabilization along the Afpak frontier.
Debt & Downturn Complicate ECB’s Inflation Fight
Though recent data suggests that inflation may have peaked, euro zone economies are hardly out of the woods yet.
Can US Corporate Debt Markets Weather a Recession?
With a recession looming on the horizon, the COVID-era grace period of cheap money has nearly run its course.
Can Sri Lanka Be Stabilized over the Short-Term?
A new president brings a fresh start, but given the numerous economic problems facing the island nation, no one should be expecting a long honeymoon period.
Sri Lanka Debt Crisis: New Trend in the Making?
Sri Lanka isn’t the only developing economy under severe duress in the post-COVID global landscape.
Omicron Risks Debt Crisis in Developing World
The IMF has issued a stark warning that current debt relief efforts are not enough.
Outlook 2021: COVID-19 Vaccines and Global Economic Recovery
Vaccines might not be a panacea for all that ails the global economy in 2021.
Debt Cancellation in Africa: Different Loan Paradigms, Different Development Outcomes
A case study examining French and Chinese infrastructure loans in Africa highlights that, though both are aimed at stimulating domestic production, only one produces a sustainable development outcome for the recipient.
African States Reel amid COVID-19 Debt Crunch
The question of a debt crisis in the developing world has shifted to ‘when,’ not ‘if.’
Debt in a Time of Coronavirus
With COVID-related shutdowns abound, are major economies headed for a massive credit crunch?
Small Bank Debt Warnings Flash in China
Non-performing loans are a lot higher in Henan province than the official national statistics would have us believe.
China Debt: Qinghai SOE Is First Offshore Default in 20 Years
The default of a state-owned provincial investment vehicle reflects a changing paradigm in China’s debt markets. But how long will the authorities remain on the sidelines?
S&P Global Sounds Alarm on China Debt
S&P Global has recently warned that hidden, local-level debt in China could be as high as $6 trillion.
FLASH: IMF’s Post-2009 Financial Crisis Regulatory Report Card
The IMF’s latest report warns that the global financial system hasn’t yet fully learned the lessons of 2009.
The Turkey Contagion Threat
Tracking the global market reaction to Turkey’s currency crisis with one overriding question in mind: How big is the contagion threat?
Is Kenya Falling into the China Debt Trap?
A spike in bilateral and commercial lending have some worried that Kenya may go the route of Sri Lanka and cede a geopolitical asset to China over unpayable debts.
