Private Credit Facing ‘Clear Signs’ of Rising Stress, BofA Says
Signs of elevated stress are emerging within the $1.7 trillion private credit market as default rates are rising…
$500K In The Red Feels Less Stressful Than $3K? Survey Probes ‘Debt Numbness’ Among Americans
(Image by pathdoc on Shutterstock) About 55% of Americans feel embarrassed about their financial situation, while nearly half…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
France’s credit rating cut by Fitch amid political turmoil – POLITICO
The downgrade comes as France is going through a political crisis and is struggling to cut its massive…
Draghi had a plan to save Europe’s economy. We’ve rated it, a year in – POLITICO
Joint debt: Let’s see Draghi has been a consistent advocate for EU joint borrowing of the kind carried…
A Self-Made Millionaire’s ‘Financial Waterfall’ Strategy for Building Wealth
For years, Rose Han ignored her six-figure debt. She was carrying about a $5,000 balance on her credit…
Why is France’s government on the brink of collapse, again? | Debt News
French Prime Minister Francois Bayrou last week called for parliament to hold an earlier-than-expected vote of confidence in…
Waking France up to the boomer pension timebomb – POLITICO
Compared to other items on the budget, pensions are particularly hard to adjust, said Hippolyte d’Albis, an economist…
Europe’s deadly debt spiral – UnHerd
There’s good news. And there’s bad news. The International Monetary Fund won’t be descending on 11 Downing Street…
Japan faces record 7 trillion baht debt repayment, straining fiscal capacity
Japan’s ballooning debt burden pushed the yield on new 10-year government bonds to 1.62% on Tuesday, the highest…
French government risks collapse after Bayrou calls high-stakes confidence vote – POLITICO
Bayrou is gambling that lawmakers can at least agree that France’s dire financial situation needs rectifying, but the…
bne IntelliNews – Kenya asks China’s approval to convert dollar-denominated $5bn railway loan into yuan
Kenya is in talks with China – the East African country’s biggest bilateral lender – to convert a…