Order Reprints Print Article
The coming year will be big for hydrogen-based technologies and bring with it plenty of good news for shares of Ballard Power Systems, a Raymond James analyst predicts.
In a Monday report, analyst Michael Glen described 2021 as a “watershed moment in the history of the hydrogen economy.” He expects an accelerating number of hydrogen-related announcements by companies and countries regarding hydrogen technology and its ability to wean the world off fuels that generate carbon dioxide. .
Close
Buy Ballard Stock Because 2021 Could Be Big For Hydrogen Technologies
The coming year will be big for hydrogen-based technologies and bring with it plenty of good news for shares of Ballard Power Systems, a Raymond James analyst predicts.
Jan. 12, 2021 5:31 am ET
In the third quarter of 2020, the dollarâs share of global foreign-exchange reserves slipped to its lowest level in almost a quarter of a century. But donât let the figures fool you: The greenback is as central to the global financial system as it has ever been.
International Monetary Fund data shows the dollarâs share of reported reserves fell to 60.5% in September. The drop has been magnified in nominal terms due to the currencyâs depreciation over the past year. But even accounting for that, the real dollar exposure of. Advertisement
In the third quarter of 2020, the dollarâs share of global foreign-exchange reserves slipped to its lowest level in almost a quarter of a century. But donât let the figures fool you: The greenback is as central to the global financial system as it has ever been.
Increasing debt distress in emerging markets means that China, now the world's largest official creditor, will need to start restructuring debts in the same way that Paris Club lenders did in past crises, World Bank Chief Economist Carmen Reinhart told the Reuters Next conference.
Zombies Could Stunt the Bank Recovery
Europe’s lockdown-support programs risk creating the kind of festering bad-debt problems that damaged its economy after the financial crisis
Last month, the European Central Bank said insolvency laws that could create so-called zombie firms remain a risk. Photo: Alex Kraus/Bloomberg News By Jan. 12, 2021 5:37 am ET
A decade ago, Europe’s recovery from the global financial crisis was held back by the lingering bad-debt problems of its banks. History risks repeating itself.
The region’s generous lockdown-support programs and patchwork of insolvency laws could create so-called zombie firms inefficient companies kept alive by cheap debt. Last month, the European Central Bank said this remains a risk.