BUSINESS MAVERICK: Cartoon Thursday with Rico

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Business Maverick: The Developing World Is Facing a $2.5 Trillion Debt ShockDeveloping nations may need to find as much as $2.5 trillion over five years to meet external debt-service costs as interest rates rise and poorer countries struggle to refinance borrowings, a Finance for Development Lab model shows.
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Business Maverick: Cryptos Are the ‘Bubble of a Generation,’ ECB’s Panetta SaysCrypto-assets that promised radical change in how people pay, save and invest have turned into the “bubble of a generation,” highlighting the need for stricter regulation and risk management, according to European Central Bank Executive Board member Fabio Panetta. Why? You played the roulette wheel on an “investment “ and you lost. Regulation will not change the way it was run. Not everything needs regulations
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