January 31, 2025

Recession Risks

China’s Largest Real Estate Developer Defaults on Debt

upcube06 mins

China’s Largest Real Estate Developer Defaults on Debt China’s Largest Real Estate Developer Defaults on Debt China Evergrande Group, the country’s largest real estate developer, has officially defaulted on its debt obligations, escalating concerns about the implications this may have for the Chinese economy and beyond. With liabilities exceeding $300 billion, the firm’s failure to…

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European Central Bank Announces Interest Rate Hike to Combat Inflation

upcube09 mins

European Central Bank Announces Interest Rate Hike to Combat Inflation European Central Bank Announces Interest Rate Hike to Combat Inflation The European Central Bank (ECB) has announced a significant interest rate increase aimed at combating the rising inflation that has been affecting the Eurozone countries. The decision, which marks the **highest rate increase since 2000**,…

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