Cross-border bank claims increased by $431 billion, or 6% year on year, in the fourth quarter (Q4) of 2020, bringing the outstanding stock to $35.6 trillion at end-2020.

Cross-border bank claims increased by $431 billion, or 6% year on year, in the fourth quarter (Q4) of 2020, bringing the outstanding stock to $35.6 trillion at end-2020.
By Humberto Márquez CARACAS, Apr 29 2020 (IPS) – The oil slump, global recession and uncertainty about the magnitude of the COVID-19 pandemic will fuel the appetite for cheaper fossil fuel energy and delay investments in renewables, affecting the targets…