Financial Investment Risk Consultant | Lawrence McDonald
Financial & Economic Consultant | New York Times Bestselling Author
Article by Simon Kennedy, Bloomberg The International Monetary Fund is proposing to raise its lending capacity by $500 billion to insulate the global economy against any worsening of Europe’s debt crisis, according to a person familiar with the talks. The Washington-based lender currently has about $385 billion available to lend and wants to lift that to $885 [...]
Article By Natasha Brereton-Fukui, WSJ From Brazil to Indonesia to the Philippines, emerging-market countries are pouring into the bond market, taking advantage of soaring investor demand to sell debt at record-low interest rates. Governments and government-linked organizations in the developing world have sold $11.3 billion in bonds in the first two weeks of the year, [...]
Article By Anurag Joshi, Bloomberg Indian companies have a record $11.4 billion of dollar-denominated bonds to repay in 2012 just as the rupee falls to an all-time low and borrowing costs in the U.S. currency exceed all but one of Asia’s markets. Companies have more than double the debt coming due next year compared with [...]
Article By Unni Krishnan, Businessweek India’s industrial production shrank in October for the first time in more than two years, sending the rupee and bond yields lower. Output at factories, utilities and mines fell 5.1 percent from a year earlier after a revised 2 percent gain in September, the Central Statistical Office said in a [...]
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