HowMuch.net | The countries with the highest debt-to-GDP ratios are Japan (230%), Greece (177%), Lebanon (134%), Jamaica (133%), Italy (132%), and Portugal (130%). This isn’t necessarily a huge problem. As long as countries are using borrowed funds to successfully stimulate their economies, they will be able to pay back their debts on time.Read More
After recently raising Spain’s sovereign ratings to ‘BBB+’ from ‘BBB’, S&P has also improved its stance on some of the country’s top banks. S&P’s upgrades comes in the same week as the Madrid local authorities said they could not renew the contracts with that agency.
Focus in Europe today will be on the ECB and the Bank of England’s meetings. Neither Draghi nor Carney will change the course of their monetary policy.
John Feffer | Latin America’s largest country once looked ascendant. Now it’s been laid low by widespread violence, structural racism, endemic corruption and external economic shocks.Read More
As soon as France consolidates its growth and the margin of new business in the US gradually increases, Axa will once again trade at a premium. So we would keep this stock in mind as a possible investment in the medium/long term.