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The Way Out for a World Economy Hooked On Debt? More Debt

(Bloomberg) -- Zombie companies in China. Crippling student bills in America. Sky-high mortgages in Australia. Another default scare in Argentina. A decade of easy money...
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Riyadh

Global risk-taking binge gives Central Banks cause to shudder

(Bloomberg) --Global central banks are approaching the end of the year with a collective shudder at the risky behavior that their low interest-rate policies...
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banking finance

Banks Must Act Now or Risk Becoming a ‘Footnote’: McKinsey

(Bloomberg) --More than half of the world’s banks are already in a weak position before any downturn that may be coming, according to a...
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Saudi Arabia Wants to Lower Unemployment. It Needs Tourists To Help

(Bloomberg) -- Perched behind the counter of a mid-range hotel in Riyadh, Bashayer admits she was reluctant to take a job as a receptionist. But...
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World Economy Chiefs Flirt With the Idea of Fiscal Stimulus

(Bloomberg) -- Finance ministers and central bankers from around the globe gave momentum to the idea of fiscal stimulus as the way to revive...
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Morocco to Resume Flexible FX Regime to Tackle External Shocks

(Bloomberg) --Morocco is able to switch back to a more flexible foreign-exchange regime at the first sign of an external shock such as a...
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Global Finance Chiefs Pledge to Use All Tools to Aid Growth

(Bloomberg) --Global finance ministers and central bankers pledged to use all their tools, including fiscal policy, to support demand amid a “highly uncertain” outlook...
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oil field

Oil Holds Two Days of Losses as Demand Outlook Deteriorates

(Bloomberg) --Oil held two days of losses as a worsening demand outlook was compounded by signs it will be difficult for the U.S. and...
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World’s Most-Loved Megabank Is Surrounded by a Lending Crisis

(Bloomberg) --All around HDFC Bank Ltd., India’s biggest lender by market value, the news seems to be bad and getting worse: economic growth is...
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Is the World Economy Sliding Into First Recession Since 2009?

(Bloomberg) - The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors...
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