Related topics: operating profit

How the debt crisis of 2008-09 fueled populist politics

The economic downturn of 2008-09 has often been described as a financial-sector crisis, featuring failing banks. But it was much more than that. Many people with stagnant or dropping incomes, having borrowed to sustain their ...

Impact of COVID-19 in Africa: A severe setback for development

COVID was late to arrive in Africa, with initial infection and death rates lower than elsewhere in the world. Community transmission is however now accelerating in most countries, with lack of safe water as a major contributing ...

US radio giant iHeartMedia files for bankruptcy

Leading US radio company iHeartMedia, which runs some of the country's most popular Top 40 stations, has filed for bankruptcy protection as it struggles to pay $20 billion in debt.

Could inflation bite back?

In her new book Professor Brigitte Granville warns governments not to think of inflation as yesterday's problem. Present unsustainable levels of public debt could end up leading to high inflation – especially in the Eurozone.

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