Economy
Global Debt and Energy Shock Dominate IMF–World Bank Meetings
Global finance leaders are gathering in Bangkok as an energy shock, rising borrowing costs and record public debt threaten vulnerable economies. The IMF and World Bank face pressure to deliver faster crisis financing and meaningful debt relief.
Weak US Bond Demand Fuels Alarm as Treasury Yields Reach Multi-Decade Highs
Weak demand for long-term US government bonds is pushing Treasury yields to multi-decade highs. Buyers have not disappeared, but investors are demanding greater returns as inflation, rising interest costs and Washington’s $40 trillion debt intensify concerns.
Germany Faces Weak Labour Market as Energy Costs Drive Inflation Higher
Germany’s unemployment and inflation are rising as the economy struggles with expensive energy. The loss of Russian pipeline gas has weakened the industrial advantage once enjoyed by its manufacturers and intensified pressure on jobs, investment and growth.