1. United States $15,9tn / 2. United Kingdom $9,3tn / 3. Germany $5,5tn / 4. France $5,3tn / 5. Japan $2,8tn / Source: World Bank
Africa is groaning under its worst debt burden since 2001. On the continent where many countries faced bankruptcy in the 1990s, once again the outlook is grim. This time around, help is harder to find.
Pakistani shares have rallied after news that Islamabad's staunch ally, Saudi Arabia, had offered a huge rescue package for the economy. The shot in the arm comes as Pakistan faces a huge lack of currency reserves.
Rome is determined to stick to fundamental aspects of its 2019 budget despite pressure from Brussels, according to Italian Economy Minister Giovanni Tria. The EU believes Italy's plans are "overly optimistic" and risky.
© 2018 Deutsche Welle |
Legal notice |
| Mobile version