$500Bn Corporate Debt Distress Looming over Global Economy
As a decade marked by accessible funding and low interest rates concluded, and with concerns of a credit crisis seemingly diminishing, experts caution that a worldwide surge in corporate bankruptcies may be imminent. Leading authorities in corporate debt are sounding alarms, stating that, apart from the ear
Eurozone Inflation Declining; UK Continues to Struggle
While the United Kingdom grapples with controlling inflation, the Eurozone experienced a surprising drop in inflation to 5.5%, down from May’s 6.1% and the lowest since January 2022. Despite this positive development, concerns arose as core consumer price growth, excluding food and energy, inched up f