With multi-trillion dollars in spending at the federal level for COVID-19 bailout packages, and with additional spending planned for policies including the infrastructure bill, there’s now talk of potential inflation. As China pushes its new digital currency and is trying to reform the global financial model, the stability of the U.S.-led financial system is being…
Inflation Rising as Government Raises Debt by ‘Enormous Amount’—Interview With Barbara Kolm
Eurostar Secures £250 Million Bailout After Collapse in Demand
Eurostar has secured a £250 million ($354 million) rescue package after warning it was “fighting for its survival” due to the coronavirus crisis. The cross-Channel rail operator said it has reached a financing agreement with its shareholders and banks. This includes French state rail company SNCF, which is the company’s majority shareholder. The UK sold…
Banks’ Trillions in Climate Financing Pledges Are a Bailout Hazard, Experts Warn
News Analysis Trillions in financing pledged by banks to climate change projects present an unprecedented gamble that could end up in potentially the largest government bailout ever seen, warned several experts on environmental policy and investment. Many of the world’s largest banks have recently made pledges to direct trillions in investments to projects meant to…
Banks’ Trillions in Climate Financing Pledges Are Bailout Hazard, Experts Warn
News Analysis Trillions in financing pledged by banks to climate change projects present an unprecedented gamble that could end up in potentially the largest government bailout ever seen, warned several experts on environmental policy and investment. Many of the world’s largest banks have recently made pledges to direct trillions in investments to projects meant to…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`