OECD: Global debt surges to $25t in 2024
Governments and corporations borrowed a record $25 trillion from markets in 2024, $10 trillion more than pre-COVID…
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borrowing costs
France’s new premier vows to cut deficit
France’s newly appointed Prime Minister François Bayrou pledged to reduce the country’s budget deficit to near 5…
ECB’s Vujcic: Rate cuts to persist in 2025
The European Central Bank (ECB) will maintain its course of reducing borrowing costs in 2025, according to…
UK house prices drop 1.4% in 4 weeks
Asking prices for British houses fell by 1.4 per cent over the four weeks to November 9, surpassing the typical…
UK house prices climb for 3rd straight month
UK house prices rose for the third consecutive month in July, showing signs of market stabilisation despite the…
Inflation unlikely to rise, time to cut rates – BOE’s Dhingra
Inflation in Britain is unlikely to rise sharply again, and the central bank should reduce borrowing costs, Bank of…
UK house prices inch up in June
British house prices saw a modest increase in June from the previous month, despite the lingering effects of…
Ukraine cuts rates to 13% as blackouts hinder growth
Ukraine’s central bank has implemented a third consecutive cut in borrowing costs, lowering the key interest rate…
BOE cash demand hits record high
UK banks continued their unprecedented pursuit of cash from the Bank of England (BOE), replenishing liquidity being…
Switzerland’s GDP surges
Switzerland’s economy "unexpectedly maintained momentum" at the start of the year on services and private…
AfDB 2023