News Snapshot:
Share China’s Evergrande is terrifying markets and the global economy is facing a range of threats that could undo the recovery. Rising energy prices disrupt production; In the background, the USA and China still do not understand each other. Given the slowdown in growth and prices reaching multi-year highs, economists speak of the dreaded “stagflation”. LoadingSomething is loading. The Evergrande name will become as famous in 2021 as the Lehman Brothers name in 2008. The colossal Chinese real estate developer is shaking and threatening markets far outside of China. But as big as a $ 300 billion debt default, it...
