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The UN says global public debt hit a record $97 trillion in 2023. Developing countries are hard hit
WSLS Newschannel 10 Roanoke· 53 minutes agoGlobal public debt rose to a record $97 trillion last year, the United Nations reported Tuesday, with developing countries owing roughly one-third of that ...
Is there any way out of the global debt crisis?
The Washington Times· 20 hours agoElon Musk sees a future where no one works other than doing work as a hobby, and artificial intelligence and robots do all of the work, which would require universally high incomes. Inflation ...
Analysis-Biggest month of bond supply to test markets as rate cut bets fade
Reuters via Yahoo Finance· 5 days agoGlobal bond markets face the biggest amount of net sovereign issuance so far this year in June, just...
Congress is already bracing for a 2025 fiscal pileup
Politico via Yahoo Finance· 1 day agoCongress is headed for a perilous spending pileup in early 2025 — with crisis points on the debt ceiling, federal spending, tax cuts and budget caps all ...
Debt - Nobel economist Paul Krugman on Episode 2 of our new podcast
Reuters· 6 days agoThe Nobel laureate has long argued that history and arithmetic suggest a crisis is unlikely. Can...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 10 hours agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...
Using a Gold IRA to protect your retirement
KHGI Nebraska TV· 5 days agoJack Hanney CEO of Patriot Gold Group joined us to talk about how the debt ceiling limit increase could affect your retirement savings. A Gold IRA is an...
A financial storm is coming that governments cannot fight
Daily Telegraph· 2 days agoSince the banking system went belly up in the financial crisis of 2008-10, non-bank forms of finance...
IATA Dubai: Emirates' Sir Tim Clark on tapping the debt market and the Boeing crisis
Gulf Business· 2 days agoEmirates President called on Boeing to compensate the airline for delays in the development of the...
Geopolitics Is Corroding Globalization
IMF· 20 hours agoThe increasing politicization of international finance and commerce by China, the European Union, and the United States...risk the IMF’s ability to assist member countries and limit exploitative ...