Category: Finance

European Stocks Close Lower

European stocks closed with their biggest daily decline in more than two weeks at the close of Tuesday’s trading.

The pan-European Stoxx 600 index ended trading down 0.8 percent, after the technology sub-index plunged 6.5 percent in the sector’s bigg…

IMF Expects Global Public Debt to Exceed $100 Trillion

The global total public debt is set to exceed USD 100 trillion this year for the first time, and may grow more quickly than forecast as political sentiment favors higher spending and slow growth amplifies borrowing needs and costs, the International M…