Why China's economy is doing better than people think, says a former PBOC advisor

Tech Insider : Economy
Chinese President Xi Jinping enters his car after a visit at the Elysee presidential palace in Paris
Chinese President Xi Jinping enters his car after his visit to the Elysee presidential palace in Paris on March 26, 2019.

AP Photo/Francois Mori

Argentina's bonds jump after pro-dollarization candidate Javier Milei wins presidency

Tech Insider : Economy
Javier Milei
Presidential candidate of the Liberty Advances coalition Javier Milei arrives to vote in the presidential runoff election in Buenos Aires, Argentina, Sunday, Nov. 19, 2023.

(AP Photo/Matias Delacroix)

US credit downgrade means junk sovereign bonds now outweigh AAA debt for the first time, Fitch says

Tech Insider
US Capitol building
Caution tape blows in the wind on the east front plaza of the U.S. Capitol Building on September 27, 2023 in Washington, DC. House Speaker Kevin McCarthy (R-CA) continues to have difficulty finding a legislative path that would prevent the federal government from partially shutting down at midnight on September 30 and would also not jeopardize his speakership.

Anna Moneymaker/Getty Images

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