China has huge corporate debt. At $ 27 trillion, it has a debt-to-GDP ratio of 159%, nearly 60% higher than the global rate and nearly double that of the United States, according to a study released this month by S&P Global. Ratings. “China’s growth has been driven largely by two contours: one is credit and …

LAS VEGAS, Oct.26 (Reuters) – A leading U.S. banking regulator has said U.S. authorities are seeking to provide a clearer path for banks and their clients looking to hold cryptocurrencies, in order to maintain control over the rapidly developing asset. Jelena McWilliams, who chairs the Federal Deposit Insurance Corporation, told Reuters on Monday in an …

82 The last reading of the New York City Recovery Index out of a possible score of 100. The New York City Economic Recovery Index hit a new record on October 16, although its growth rate slowed from the previous week as the index rose one point to 82. C ‘ was also the second …

(Illustration by Adrian Mann / Future Publishing via Getty Images) Future publication via Getty Images A multitude of activities among Chinese private and state-owned aerospace companies this year testify to China’s growing ambitions for economic and military dominance of space. On October 19, the Academy of Aerospace Solid Propulsion Technology (AASPT) – which is owned …

“I am proactively declaring a state of emergency to ensure that we can provide the resources necessary to respond to this storm and protect lives and property in areas where forecasts call for heavy rainfall,” Hochul said in a statement. Press release. “I encourage New Yorkers to prepare now for the inclement weather expected over …

By Hailey Konnath (October 25, 2021, 11:41 p.m. EDT) – A New York federal judge awarded Bank of America, Wells Fargo, JPMorgan Chase and several other major banks a big victory on Monday, dismissing a proposed class action suit for good accusing them of colluding to rig prices for smaller corporate bond deals. A judge …

Press Release: New York Veterinarian New York Vet, a two-day educational veterinary conference, returns to the Jacob Javits Convention Center in New York City on November 4-5. After postponing last year’s event due to COVID-19 restrictions, New York Vet will safely gather attendees in person for a quality conference offering three clinical tracks, corporate theater, …

By CHINEDU ASADU, Associated Press LAGOS, Nigeria (AP) – Nigeria has launched a digital currency which, according to the Central Bank of Nigeria, is “a big step forward in the evolution of currency” in Africa’s most populous country. President Muhammadu Buhari said at the launch on Monday that the digital currency and the blockchain technology …

The latest contributing member of the Minnesota solar power industry trade group is also one of the state’s biggest greenhouse gas polluters. Flint Hills Resources, a subsidiary of Koch Industries that owns the sprawling Pine Bend Refinery south of St. Paul, was unanimously accepted last month by the board of directors of the Minnesota Solar …

California was worst hit on Sunday in what meteorologists called a “bomb cyclone” and “atmospheric river,” a convergence of storms that brought more than half a foot of rain to parts of. the bay area, along with high winds, concerns over flash floods and the potential for heavy snowfall in the Sierra Nevada. The National …