As rates have nearly tripled on most forms of debt, bankruptcy filings are rising. Nearly $270 billion of leveraged loans carry weak credit profiles and are potentially at risk of default

“Bankruptcy filings for companies with at least $10 million in liabilities are rising sharply. Since the Fed started raising rates in March 2022, bankruptcy filings have more than doubled. Corporations, individuals, and the government all got used to historically low …

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OPEC predicts a significant supply shortfall of over 3 million barrels per day in global oil markets next quarter, potentially leading to the largest inventory drawdown since 2007… Food prices have consistently increased

The fight against inflation is still ongoing… OPEC just said that global oil markets will face a massive supply shortfall next quarter. They expect a supply shortfall of more than 3 million barrels per day. If OPEC is correct, it …

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AstraZeneca is facing two London lawsuits. the first of potentially dozens of cases brought in England.

⚠️BREAKING – AstraZeneca is facing two London lawsuits, including one from the husband of a woman who died after receiving the Anglo-Swedish drugmaker's COVID-19 vaccine, in the first of potentially dozens of cases brought in England.https://t.co/PeEEegxTOk pic.twitter.com/8vqu40qLWg — MARCO (@marco1771m) August …

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Ukraine war could cost US half-trillion more if war ends now, potentially leading to the most costly and potentially corrupt foreign operation.

via asiatimes: If the Ukraine war ended tomorrow, the United States still would need to send hundreds of billions in aid to that country. The bill includes continuation of military assistance, budget support for the Ukrainian government and reconstruction assistance. President Biden has just …

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Interest-Rate Pain: Expiring fixed-rate mortgages cause difficulties, potentially forcing home sales. More Americans are getting auto loans that exceed the worth of their cars

by BoatSurfer600 Borrowers with expiring fixed-rate or tracker mortgages face difficulties, with some saying they will be forced to sell their homes via theguardian For Steven, a media consultant from Guildford, and his wife, the remortgaging nightmare is only beginning. …

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