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The UN says global public debt hit a record $97 trillion in 2023. Developing countries are hard hit
KRQE & KASA FOX 2 Albuquerque· 3 hours agoGENEVA (AP) — Global public debt rose to a record $97 trillion last year, the United Nations reported Tuesday, with developing countries owing roughly one-third of that — crimping their ability to …
Is there any way out of the global debt crisis?
The Washington Times· 22 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 ...
Rising Debt, Gradual De-dollarisation Are Growing Risks for US Sovereign Rating
FX Empire via Yahoo Finance· 7 hours agoThe challenges of dealing with rising debt and gradual de-dollarisation, which might both accelerate...
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· 12 hours agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...
Crisis Amplifier? How to Prevent AI from Worsening the Next Economic Downturn
IMF· 5 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
A global threat to journalism invites us to “think local”
WAMC Northeast Public Radio· 5 hours agoGeddes was active as industrialization and urban growth began to yield more crime, poverty and illness. You can apply this “think globally, act locally” philosophy to all ...
The 20 best Korean shows on Netflix to watch now
Entertainment Weekly via Yahoo News· 5 days agoEW’s writer promises that this series should "certainly satisfy," fans of body horror, but there are other rewarding themes as well, namely humanity's...
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...