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by winston » Sat Feb 28, 2026 9:04 am
The collapse of MFS hammered the shares of Barclays and Jefferies, and accelerated a broader selloff in financial firms and alternative asset managers on Friday, as the market grappled with the prospect of a widening credit contagion, amid concerns about lending standards in the industry.
by behappyalways » Mon Mar 02, 2026 1:40 pm
by winston » Fri Apr 24, 2026 8:17 am
Countries in the conflict region face particularly sharp revisions. Iran, for instance, had its growth forecast cut by 7.2 percentage points, resulting in an expected contraction of 6.1 per cent.
Saudi Arabia’s growth outlook was slashed from 4.5 per cent to 3.1 per cent.
These are countries in Africa, Asia and Latin America that import energy and food, carry high levels of debt, and have limited fiscal cushioning to absorb shocks. For their populations, rising commodity prices do not mean higher petrol bills. They mean choosing between meals.
When fear takes hold, these entities can pull money out of emerging markets rapidly, triggering a vicious cycle of currency crashes, higher borrowing costs and financial instability.
by behappyalways » Wed Apr 29, 2026 10:14 am
by behappyalways » Fri May 08, 2026 4:48 pm
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