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China’s GDP Grew in 2023, but Economic Strains Lurk

The New York Times: Banking

percent, as China worked to export more to make up for weak demand, high debt and a steep property contraction at home. Gross domestic product expanded 5.2

Economics 122
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US Capital Markets Midyear Report: The Revival of IPOs and a Possible Turning Point

JD Supra: Mergers

capital markets’ resilience and ability to adapt, IPOs, debt markets and mergers and acquisitions (and related financings) have shown substantial increases over 2023. As a testament to the U.S. By: Skadden, Arps, Slate, Meagher & Flom LLP

IPO 183
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World Bank Warns of Record Debt Costs for Developing Countries

The New York Times: Banking

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.

Debt 78
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Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World

The New York Times: Banking

Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.

Debt 145
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Comprehensive Guide to M&A Due Diligence in Today’s Turbulent Economic Environment

Devensoft

During economic uncertainty, it is important to conduct thorough due diligence to identify potential risks and make informed investment decisions. Cash flow: examine the company’s cash flow statements to determine whether it has sufficient liquidity to weather economic downturns.

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Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?

The New York Times: Banking

The government of Ghana is essentially bankrupt, and has turned to the International Monetary Fund for its 17th financial rescue since 1957.

Debt 145
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The Debt Problem Is Enormous, and the System for Fixing It Is Broken

The New York Times: Banking

Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.

Debt 145