The world is emerging from the cheap-money era with a mountain of debt that’s now getting painfully expensive. All around the globe, there are borrowers deeper in the red than ever before. The total owed by households, businesses and governments stands at $290 trillion, up by more than one-third from a decade ago, according to
Muscat: The economic recovery was reflected in the increase in the trade balance surplus, as it grew by a remarkable rate of 185.8 percent to reach about OMR 4.71 billion during the first half of 2022, said His Excellency Dr Nasser Al Mawali, Undersecretary of Economy. He explained that the qualitative improvement in the performance of