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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

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Collateralized Debt Obligation (CDO)

Wall Street Mojo

What is a Collateralized Debt Obligation? It happens when capital borrowers like banks, big companies, and other financial institutions lose capital provider's trust like depositors, investors, and capital markets. Table of contents What is a Collateralized Debt Obligation? read more it may cause.

Debt 52
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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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China’s Property Crisis: Why It’s So Hard for Beijing to Fix

The New York Times: Banking

Beijing has often addressed economic troubles by boosting spending on infrastructure and real estate, but now heavy debt loads make that a hard playbook to follow.

Debt 79
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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 129
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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 130
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Credit Markets Are Creaking, Creating Economic Uncertainty

The New York Times: Banking

Analysts warn that bankruptcies and defaults could jump as the world adjusts to higher interest rates.