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US auto loan delinquency rates keep on surging: Subprime auto loan delinquency rates just crossed above 5% for the first time in history. Since 2022, the 60-day delinquency rate for subprime auto loans has more than DOUBLED. Delinquency rates are now above the peak levels
The U.S. could face a $245B hit over 5 years, lost taxes, jobs, and economic fallout. Meanwhile, Canada–Mexico's tariff-free corridor may outlast Trump. The corridor will use a mix of transport options, including expanded rail lines, new sea routes, and dry ports to move goods
Deutsche Bank Turkey Economist Yiğit Onay: 📍 We are maintaining our year-end policy interest rate expectation at the level of 36%. 📍 We forecast the year-end inflation at 29.5%.
Jeffrey Sachs, a world-renowned professor of economics and director of the Center for Sustainable Development at Columbia University said in an exclusive interview that the international monetary system is becoming increasingly diversified. He predicted that the
It is said that the Bank of Japan expects to have enough data by the end of the year to assess the possibility of interest rate hikes, and does not rule out the possibility that the Bank of Japan may raise interest rates this year.
Enrolments in China's kindergartens have declined by 25%, or 12mn students between 2020 and 2024, from a peak of 48mn, prompting the closure of tens of thousands of schools in the country as a drop in births hits the education system.