Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns
The Treasury Department’s payment system has been likened to the government’s checkbook and makes $6 trillion in ...
A decade and a half after the global financial crisis, two governments are still reducing their bank stakes
The British and Irish governments separately announced on Tuesday they were trimming stakes in banks they’ve owned since the ...
Crikey1d
Why Musk and his boy engineers could trigger a massive global financial crisis
Congress might not object to Elon Musk's unconstitutional seizure of the US Treasury payments system, but bond markets might.
55% of CEOs say this recession will be worse than the global financial crisis—but they’re still ready to strike M&A deals
A new survey by EY of 1,200 global CEOs—taken in December and out this morning—finds 98% of them are anticipating an economic ...
Australia’s looming debt crisis could be a real opportunity
Why not use the looming fiscal crisis of the states to tackle the buck-passing by seriously reforming which tier of ...
Morningstar9d
A decade and a half after the global financial crisis, two governments are still reducing their bank stakes
The British and Irish governments separately announced on Tuesday they were trimming stakes in banks they've owned since the 2008-09 global financial crisis. Ireland said it's reducing its stake ...
Global volatility: How SA hedge funds are turning crisis into opportunity in 2025
As global markets face unprecedented challenges in 2025, South African hedge funds are uniquely positioned to capitalise on ...
Dodds hails City efforts to tackle climate crisis and aid growth in Global South
The development minister announced up to £100 million for Mobilist which supports firms focused on delivering the UN’s ...
American Banker1d
Questions abound for Trump's sovereign wealth fund plan
Trump's executive order to create a U.S. sovereign wealth fund raises important questions — as yet unanswered — around ...
Pensions&Investments7d
Australia’s central bank ramps up scrutiny on super fund liquidity risks
Australia’s central bank is honing its focus on potential financial shocks linked to the nation’s fast-growing A$4.1 trillion ...
Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis?
In addition to causing widespread destruction, climate disasters are battering insurance companies. As premiums rise and some regions become uninsurable, it could have a cascading effect that could ...
Rachel Reeves’ Budget tax raid sparks fastest rate of job cuts since financial crisis
THE Budget tax raid on businesses has led companies to slash jobs at the fastest rate since the financial crisis, a survey ...