its-not-yet-time-to-celebrate-the-head-of-the-imf-cautions-as-poor-growth-and-heavy-debt-continue-to-weigh-on-the-global-economy

It’s not yet time to celebrate, the head of the IMF cautions, as poor growth and heavy debt continue to weigh on the global economy.

While the global economy is still under great stress, there are some signs of stabilization, so it’s not time to celebrate just yet, particularly low growth and increased public debt, says IMF Managing Director Kristalina Georgieva. These are the issues at the top of the agenda for governments, policymakers, and international institutions, which have launched…

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to-prevent-a-debt-crisis-ray-dalio-claims-that-china-needs-stimulus-combined-with-beautiful-deleveraging

To prevent a debt crisis, Ray Dalio claims that China needs stimulus combined with “beautiful deleveraging.”

Recently again, Ray Dalio, of the world’s largest hedge fund Bridgewater Associates, again reiterated the critical necessity for China to do some balanced deleveraging of its swelling debt. He refers to it as “beautiful deleveraging,” where deleveraging will include decreased debt burden and keep the economy stable, or, in his words, “”increased potential prospects of…

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cynthia-erivo-criticizes-fan-made-wicked-poster-a-deeply-personal-response

Cynthia Erivo Criticizes Fan-Made ‘Wicked’ Poster: A Deeply Personal Response

In October 2024, Cynthia Erivo publicly denounced a fan-doctored version of the official Wicked movie poster as “deeply hurtful” and said it “degrades” her and the production. Erivo, who is playing Elphaba in Jon M. Chu’s musical adaptation, took to Instagram to express disappointment that the viral fan edit had surfaced on TikTok. The revised…

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a-tax-advocacy-group-claims-that-the-biggest-enablers-of-corporate-tax-abuse-are-overseas-uk-territories

A tax advocacy group claims that the “biggest enablers of corporate tax abuse” are overseas UK territories

A new report by Tax Justice Network has revealed that the British Overseas Territories have finally taken over as the world’s largest enablers of corporate tax abuse. The study on the international scale of tax avoidance by the organization concentrates on the territories, among which are the British Virgin Islands, the Cayman Islands, and Bermuda,…

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china-promises-more-financial-assistance-for-real-estate-developments-on-its-whitelist

China promises more financial assistance for real estate developments on its “whitelist”

China said it is raising its financial support program for the real estate projects on the “whitelist.” The move in China should stabilize its struggling property market, weighed down by debt and buyer confidence. Ministry of Housing and Urban-Rural Development (MOHURD) Chairman Ni Hong confirmed financing for those projects would rise to 4 trillion yuan…

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