Emergency Virus Spending Will Push Global Debt Ratio Above 100%

(Bloomberg) — Emergency spending by governments to tackle both the health calamity and economic fallout from the coronavirus is set to push the global debt ratio above 100% for the first time.The jump in the burden this year alone is forecast by the International Monetary Fund to be close to 19 percentage
— Read on ca.finance.yahoo.com/news/emergency-virus-spending-push-global-130000786.html

When $8 Trillion in Global Fiscal Stimulus Still Isn’t Enough

(Bloomberg) — As governments dedicate more than $8 trillion to fight the coronavirus pandemic, a further widening in the gap between rich and poor countries threatens to exacerbate the global economy’s pain.Wealthy nations have delved deep to cushion the blow. For instance, Germany and Italy have each
— Read on ca.finance.yahoo.com/news/8-trillion-global-fiscal-stimulus-004447963.html