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Coronavirus
VERY HIGH
Pakistan Deaths
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14924hr
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612724hr
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105,438

global debt

UK bond yields head for biggest weekly rise since June

UK bond yields head for biggest weekly rise since June

  • Based their latest level they are on course of just under 17 basis points the biggest since the week to June 5.
  • Sterling also rose above $1.40 for the first time in nearly three years on Friday although it was flat against the euro.
Published 19 Feb, 2021 08:57pm
COVID response drives $24 trillion surge in global debt: IIF
World

COVID response drives $24 trillion surge in global debt: IIF

  • It has meant that debt as a ratio of world economic output known as gross domestic product surged by 35 percentage points to over 355% of GDP.
  • That upswing is well beyond the rise seen during the global financial crisis, when 2008 and 2009 saw 10 percentage points and 15 percentage points respective debt-to-GDP jumps.
Published 17 Feb, 2021 09:00pm