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The UN says global public debt hit a record $97 trillion in 2023. Developing countries are hard hit
KFDX Wichita Falls· 4 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· 24 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· 9 hours agoThe challenges of dealing with rising debt and gradual de-dollarisation, which might both accelerate...
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
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 ...
The Dollar Is at Its Strongest Since the 1980s. Can It Last?
The Wall Street Journal· 11 hours agoThough the greenback is still below the recent 2022 peak, it hasn’t been so consistently strong in...
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...
A global threat to journalism invites us to “think local”
WAMC Northeast Public Radio· 7 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 ...
Zambia’s debt restructuring limps over line as painful test case
Reuters· 14 hours agoMore than three-and-a-half years, or 1,300 days, after resource-rich Zambia formally declared itself...
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...