Total worldwide debt is expected to continue growing over the coming months, despite having just climbed to a fresh all-time high. Given the three previous waves of global debt accumulation have all ended with financial crises, CNBC’s Sam Meredith takes a look at the risks associated with the latest build-up.
Cayman Islands Foundation CompaniesThe Foundation Companies Law, 2017 (the Foundation Companies Law) introducedthe foundation company as a new type of corporate vehicle in the Cayman Islands. The Foundation Companies Lawis drafted to allow the foundation company to be rooted in Cayman Islands company law, but function like a civil law foundation and only applies to […]
An outbreak of a novel coronavirus originating from Wuhan, China has gripped the world, as the death toll and infection count grow by the day. So, what happens when a completely unforeseen event shocks the world’s second largest economy? CNBC’s Uptin Saiidi explains some of the early economic impact.