Why the United States Has Become the Top Recipient of Chinese Loans
More than $200 billion in Chinese state-backed loans have gone into U.S. projects over the past two decades. This trend...
Banking & Insurance
DEVELOPMENTS
9/11, Ground Zero and the Disruption of the Business District
The Sept. 11 attacks disrupted Lower Manhattan, displaced businesses and workers, and produced economic losses that extended far beyond the World Trade Center site.
Bank of Spain Tightens Lending Standards as Mortgages Continue to Rise
Mortgage lending is climbing while interest rates remain low. The Bank of Spain is keeping a closer watch on banks to en...
UK Borrowing Spike Tests Sterling Stability
Sterling stays steady even as Britain’s public finances strain under record borrowing, showing some hope in the governme...
Congress Rushes to Extend Obamacare Subsidies as Wall Street Bets on a Temporary Fix
A potential subsidy deal may calm investors, but insurers face deeper structural flaws that short-term policy fixes cann...
Top Investment Banks See Lower Risk of US Economy Getting into Recession Mode
J.P. Morgan Research has reduced the probability of a US and global recession occurring in 2025 from 60 percent to 40 percent.
Kapital Raises $165M to Empower Small Businesses and Expand Global Banking Reach
Our goal is to build a global bank to eventually connect everybody in the world.
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