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Some developing economies have been able to raise more than $50 billion from bond investors. However, 28 developing economies with weak credit ratings and 31 low-income economies without credit ratings remain locked out of global capital markets, and their debt crisis could intensify. They need support in the form of debt relief or building fiscal space.
The 4.6% year-on-year increase in September is up from the previous month, but shocked market expectations of a 3.5% drop
The International Monetary Fund warns of severe consequences if the US defaults on its debt, urging urgent resolution. Republicans and Democrats remain divided over the borrowing limit.
After two consecutive monthly declines as more Americans purchased motor vehicles and other goods, US retail sales posted the highest gains in nearly two years in January
After two consecutive monthly declines as more Americans purchased motor vehicles and other goods, US retail sales posted the highest gains in nearly two years in January