The US will require airline passengers from China to have negative Covid-19 tests in order to enter the US. The Biden administration is worried about a lack of transparency from China, where Covid-19 first appeared. The high number of people affected over a very short period of time raises the chance of a new variant emerging, one that could potentially circumvent defenses in nations that have already suffered multiple infections waves and millions of deaths. The US will expand its program of travelers looking for new versions of the pathogen. All passengers will be required to pass a new testing requirement in January. The Italian authorities said 50% of people arriving from China tested positive.
The stock market fell for a second day as investors became concerned about the global implications of the surge in Covid-19 cases. Global equities have lost one fifth of their value this year, the largest decline since 2008, and an index of global bonds has slumped. Markets are done.
The annual returns of the index are small.
There is a source for this.
With rising interest rates, budget-conscious consumers and a lagging stock market, US companies had a lot to overcome in the last half of the year. Some of them are in difficult spots for the start of the next decade. Five should be watched closely.
There are multiple stress points emerging in credit markets, from banks stuck with piles of debt to a UK pension blow-up. The problems may be just the beginning with cheap money gone. Distressed debt in the US jumped more than 300% in a year, high-yield issuance has become more challenging in Europe and leverage ratios have reached a record. More than $600 billion of bonds and loans are in distress around the world. It all adds up to the biggest test of corporate credit since the financial crisis.
Most of the industries have bonds and loans that are in bad shape.
There is a source for this.
Concerns that large holders may be about to dump the token caused Solana to tumble on Wednesday.
Exxon Mobil is trying to get rid of a windfall tax on oil companies. The oil giant is trying to bring down energy costs.
There have been 13 chief executives at South Africa's power utility in the past 10 years. The debt-ridden state utility is looking for a new CEO after 200 days of power cuts. Finding someone who can do the job and actually want it is not easy.
The restrictions on developer borrowing were put in place after the assault on the housing market. The results ofaffordability are mixed. In the world's most unaffordable market, housing is still expensive for everyone. China home buyers are wondering if it was worth it.
The E-House China Research and Development Institute is located at Harvard.
The global coronaviruses epidemic is being tracked byBloomberg. Daily updates can be found here.
The future of finance was typified by star- studded Super Bowl ads. The year came to an end under the basement. Russia invaded and killed tens of thousands of people in Ukraine after eight years of illegally occupying the peninsula. There are many major events that will impact the globe in the year 2022. The news is explained by the maps, charts and visuals produced by the data visualization team.
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