Many people in Spain have mortgage debt they can't afford to pay back. Now private banks are going into schools to give kids finance lessons to help them manage money better later in life.
Multiple international organizations have expressed concerns about China's ballooning debt levels and warned the Asian giant could face a full-blown financial crisis should there be no action to counter the problem.
"Let others invent" was the Spanish slogan for a long time. However, the Spaniards are taking an unlikely lead in the latest digital revolution, becoming a focal point in Blockchain technology and the Internet of Things.
After rejecting the Swiss request for Falciani's extradition in 2017, a Spanish court released him on bail. Two Catalan separatist leaders are in Geneva, seeking to avoid Spanish legal proceedings.
Yi Gang takes over the reins of the People's Bank of China (PBoC) at a time when it is rapidly gaining global influence. But his key challenge would be domestic: tackling ballooning debt and ensuring financial stability.
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