Borrowing more money to compete with the United States, according to Germany, would constitute a threat to Europe

If Europe takes on additional debt to match U.S. green subsidies, Germany warns, the continent's competitiveness would suffer. When it comes to the U.S. Inflation Reduction Act (IRA), the European Union has been quite loud about its worries, claiming that the act's subsidies for North Ame...

The stock market slumps as the Fed's strong stance dampens China's surge.

In spite of China's latest reopening plans, Wall Street was expected to take it easy on Thursday due to positive jobs statistics and the Fed's clear signal that interest rates will not be slashed anytime soon. Overnight, equities in Asia and the Pacific outside of Japan hit a four-month h...

UNITED KINGDOM: RISHI SUNAK TO REVEAL 400-BILLION-POUND BORROWING PLAN

Highlights:

• Rishi Sunak is going to announce the heaviest public borrowing since the world War Tow
• Rishi Sunak will be unveiling a record 400-billion-pound borrowing plan next week

Rishi Sunak, who is the finance minister of United K...

LONDON STOCK MARKET TRADE LOW; PLANS TO RAMP UP BOND SALES

Highlights –

• Britain plans to speed up its bond sale of about $339 billion.
• DMO presented a $61 billion increase in government bond sales.
• London share market traded low due to fear of second round of lockdown.
• The blue-chi...

UK GOVERNMENT EXCEEDED THEIR BORROWING CAPACITY

Highlights –

• The UK is under immense debt; more than its economy.
• The government has borrowed more than its limit.
• Current borrowing debt is over $24.08 trillion in total.
• The ONS mentioned that April's borrowing figure...

RESEARCHERS FEAR UK BORROWING VAST SUM OF MONEY MAY LEAD TO BUDGET DEFICIT

Highlights –

• UK government is borrowing quite a sum of money to save its economy from the pandemic.
• Market research experts say that continued borrowing may lead to a budget deficit.
• A deficit of around $161 billion to occur in five y...

Turkey issuing new bonds

Bonds have been rising in popularity as the stocks have been turning more and more volatile as the markets turn unstable by the day as the political conditions are changing. Bonds have been giving exceptional yields and have been proving to be great investments for the investors and also giving g...