Posted inOpinion

Sovereign defaults looming

Geopolitical instability, sanctions, supply-chain bottlenecks, inflation, and quantitative tapering, together with a restrictive monetary policy, are creating a perfect storm that could trigger corporate bankruptcies and sovereign defaults. An increase in Eurozone government bond yields reflects investors’ fears about the future of the bloc’s economy. Considering the level of indebtedness of Greece, Italy and some […]

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