Analysis: A world debt crisis is not imminent, despite Covid-19
How the new debt taken on by governments is used will be a key factor determining the global economic recovery from the pandemic
As countries, companies and households confront the Covid-19 pandemic’s economic fallout, many market watchers are sounding the alarm about rapidly rising leverage worldwide.
And for good reason: in an acceleration of a years-long trend, the debt-to-GDP ratio among these three sets of borrowers is set to swell by 14 per cent this year, to a record 265 per cent.
But while this has raised the risk of insolvencies and defaults, particularly among corporations, S&P Global...
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AIB financial targets will be met by closures and 1,500 job cuts
The bank, which is 71 per cent owned by the Irish taxpayer, may also be looking towards acquisitions, one of which is the wealth management company Goodbody stockbrokers which it formerly owned
Brian Keegan: Businesses deserve a reward after such a tough year
It’s clear from the November exchequer returns that Irish firms have been doing the right thing throughout the coronavirus crisis
Credit guarantee: The money’s there, but where is it going?
With very little of the €2 billion credit guarantee cash having found its way to stricken companies, some are speculating that the banks are too busy dealing with underperforming loans to lend cash to firms