Most talked about Bloomberg News stories

How Hooters Came to Symbolize Bond Market’s Desperation

bloomberg.com — Buyers of asset-backed bonds are embracing newcomers to gain a little more yield and snapping up debt guaranteed by everything from chicken-wing sales to computer leases. Hooters of America LLC, the chain best known for the skimpy tank tops worn by its waitresses, and the lending arm of computer maker Dell Inc.

Nigeria Seen by McKinsey Among World’s Top 20 Economies by 2030

bloomberg.com — Nigeria has the potential to be one of the world's top 20 economies by 2030 with a consumer base exceeding the current populations of France and Germany, according to McKinsey & Co. Africa's biggest economy may expand about 7.1 percent a year through 2030, boosting gross domestic product to $1.6 trillion, possibly pushing it above Netherlands, Thailand and Malaysia, the New York-based company said in a report today.
Jul 24, 2014

Nigeria could potentially be among world’s top 20 economies by 2030, says McKinsey bloom.bg/1ugz7ti

Jul 24, 2014

60% of Nigerians may live in households earning $7500+ pa by 2030, says McKinsey. Sales of consumer goods to triple bloom.bg/1ugz7ti

Spanish Graduates Stuck Without Stable Jobs to Pay Rent

bloomberg.com — Stuck with her student job four years after graduating in the hope of becoming a social worker, Beatriz Biota still can't move out of her parents' home. "All I've found is unpaid voluntary work," Biota, 29, said in a telephone interview from Zaragoza, in the north of Spain.
Jul 24, 2014

Spanish Graduates Stuck Without Stable Jobs to Pay Rent bloom.bg/UpiiMq via @BloombergNews

Jul 24, 2014

ridiculous unemployment | Spain thirtysomethings stuck with parents as jobs scarce bloomberg.com/news/2014-07-2…

Jul 24, 2014

Spanish graduates stuck at parents, without stable jobs to pay rent bloom.bg/UpiiMq via @AngelineBenoit

Argentina Default Bets Surge as Singer Settlement Deadline Looms

bloomberg.com — Traders are ratcheting up the odds Argentina will default as the government signals it would rather flout a U.S. court ruling than open itself to claims it says may swell to as much as $500 billion.
Jul 24, 2014

Argentina default bets surge as Singer settlement deadline looms bloom.bg/1jX6Nrf