January 24, 2024/US SEC By Commissioner Caroline A. Crenshaw The Special Purpose Acquisition Company, or SPAC, boom has cooled. Cooled in the sense that in the years 2020 and 2021 we saw 248 and 613 SPAC initial public offerings, or IPOs, and in 2023 we saw 31 SPAC IPOs.[1] Yet […]

Credit: Kim Haughton/IMF Photos Debt servicing costs are increasing rapidly while annual refinancing needs have tripled to about $60 billion January 24, 2024/IMFBlog Allison Holland, Ceyla Pazarbasioglu As 2024 starts, the good news is that there haven’t been any notable requests by a low-income country for comprehensive debt relief since […]

January 23, 2024/Oilprice.com Tom Kool Editor, Oilprice.com An uncertain supply picture has oil markets on edge, with disruptions and geopolitical risks being counterbalanced by rising production in Norway and Libya. Economic uncertainty is adding downward pressure to oil prices. Chart of the Week – The continued rerouting of ships from […]