'Zombie' companies are headed for a year of pain as rates move higher and access to credit gets cut off, think tank expert says
Indebted"zombie" companies are headed for a year of pain as financial conditions continue to tighten, according to one think tank expert. , Sonja Gibbs, the head of sustainable finance at the Institute of International Finance, pointed to upcoming challenges stemming from higher interest rates in the market.
"Over the longer term, it's going to correct the problem of too-easy access to capital, too much debt and so on. In the short term though, higher rates are going to cause a lot of pain," Gibbs warned.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
'Dead Island 2' is a Mindlessly Gory Slog Better Left in the GraveUnoriginal and one dimensional, the long-gestating zombie sequel 'Dead Island 2' isn't worth the price of admission.
Baca lebih lajut »
Dead Island 2 has no island, but it is a fun, fresh take on zombie slayageThere's fun to be had in Dead Island 2's trap-strewn, undead-abundant vision of 'Hell-A,' California
Baca lebih lajut »
Dead Island 2 Review: Mindless, Gory, Zombie-Slaying Fun'For those who are fans of the original, there’s no way they won’t be taken by Dead Island 2.' Our 4/5 deadislandgame 2 review: mindless, gory, zombie-slaying fun! DeadIsland2
Baca lebih lajut »
Fed's Bullard: Not much progress on inflation means rates need to continue to riseIn an interview with Reuters, St. Louis Federal Reserve President James Bullard reiterated that interest rates will need to continue to rise in the ab
Baca lebih lajut »
BoJ Governor Ueda: No immediate need to review 2013 joint statement with governmentNew Bank of Japan (BoJ) Governor Kazuo Ueda said on Tuesday, there is “no immediate need to review the 2013 joint statement with the government.” Ueda
Baca lebih lajut »
2025 Polestar 4 First Look: So Quick You Don't Need a Rear WindowThe all-new, all-electric Polestar 4 offers hot coupe-like looks with the quick performance to match.
Baca lebih lajut »