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Only 6% of Global Sovereign Debt is AAA Rated Now
After Fitch downgraded the US credit rating earlier this year, the portion of top-rated government bonds fell to just 6% of the global outstanding sovereign ...
October 11, 2023
China to Cut Stocks’ Stamp Duty for First Time Since 2008 as Market Hits 9-Month Low
If materialized, the proposed stamp duty cuts of 50% would mark the first such move in 15 years.
August 25, 2023
Fitch Ratings Downgrades US Debt to AA+ Citing “Erosion of Governance”
Prominent credit rating agency Fitch downgraded the US sovereign debt from AAA to AA+ on Tuesday.
August 02, 2023
Increase in Buy Now Pay Later Debt Amid Weak Regulations a Systematic Threat: Report
BNPL payments exceeded $120 billion in 2021 and are projected to grow by 24% over the next three years.
April 03, 2023
US Credit Card Debt Increased by $46B in Q2 2022 as Inflation Woes Continue
Americans pile up credit card debt as surging inflation causes a record increase in consumer debt.
August 05, 2022More from The Tokenist / Debt
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September 15, 2021
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