Copyright 2015 Bloomberg. NJ9UPQ6JTSEI (Bloomberg Business) — The world economy is still built on debt. That’s the warning today from McKinsey & Co.’s research division which estimates that since 2007, the IOUs of governments, companies, households and financial firms in 47 countries has grown by $57 trillion to $199 trillion, a
published Aug 17th 2016, 6:14 pm, by Barbara Powell and Brian K. Sullivan (Bloomberg) — Exxon Mobil Corp. curbed operations at the fourth-largest U.S. refinery as record flooding in Louisiana shut roadways, sent tens of thousands fleeing from their homes and threatened the state’s oil infrastructure. The Baton Rouge refinery