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The UN says global public debt hit a record $97 trillion in 2023. Developing countries are hard hit
WTRF Wheeling· 6 hours agoGENEVA (AP) — Global public debt rose to a record $97 trillion last year, the United Nations...
Is there any way out of the global debt crisis?
The Washington Times· 1 day 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 ...
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 ...
Rising Debt, Gradual De-dollarisation Are Growing Risks for US Sovereign Rating
FX Empire via Yahoo Finance· 11 hours agoThe challenges of dealing with rising debt and gradual de-dollarisation, which might both accelerate...
Analysis-Biggest month of bond supply to test markets as rate cut bets fade
Reuters via Yahoo Finance· 6 days agoGlobal bond markets face the biggest amount of net sovereign issuance so far this year in June, just...
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...
Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn
IMF· 6 days agoMany experts also believe the technology could provide significant economic benefits, for example by providing a serious boost to productivity. This could help lift the global
U.S. Prosecutors Probe Global Hacking-for-Hire Operation
The Wall Street Journal· 2 hours agoU.S. prosecutors are seeking to extradite an Israeli private investigator from London as part of a...
The Dollar Is at Its Strongest Since the 1980s. Can It Last?
The Wall Street Journal· 13 hours agoThough the greenback is still below the recent 2022 peak, it hasn’t been so consistently strong in...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 16 hours agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...