One Year Ago In The Credit Markets

November 17, 2006 12:00 am

Credit default swaps on General Motors and Ford Motor reached their highest levels ever following speculation GM may file for bankruptcy.

Credit default swaps on General Motors and Ford Motor reached their highest levels ever following speculation GM may file for bankruptcy. GM's CDS jumped 219 basis points to 1207 while Ford's widened 100 basis points to 910. [Neither company has filed for bankruptcy as of last Thursday.

SSA

MDBs want to help local governments increase capital raising

MDBs see financing regions and cities as a crucial growth area, since they handle much of social development but lack access to capital

Arthur Bautzer, October 18, 2025
Emerging Markets

The Vision thing: investors fret as Saudi projects stall but jobs are the test

Grandiose construction plans are having to be scaled back as Saudi borrowing rises, but the main point is social progress

Francesca Young, October 18, 2025
The Sustainable Economy

US industrial policy: 3D chess or ‘dangerous turn’?

Trump administration is on a spree of buying stakes in tech and minerals companies. Market participants wonder whether this is a grand strategy or desperation

Steven Gilmore, October 18, 2025
The Sustainable Economy

Urgent action needed to prevent an uninsurable future

Insurance leaders warn society must get to grips with extreme weather perils and plan for how to cope with the costs

Steven Gilmore, October 18, 2025
Emerging Markets

Regulatory ‘fragmentation’ threatens stablecoin Hindenburg moment

Global regulators warn failure to align stablecoin rules could destabilise markets as product heads for $2tr by 2028

Frank Jackman, October 18, 2025
Emerging Markets

Developing nations achieve massive solar power growth

Cheap panels from China help expansion, often by private citizens

Arthur Bautzer, October 18, 2025