It's not just America with a debt problem. World governments face the highest debt costs since 2007.
"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...
Business Insider Africa on MSN23h
7 African countries with highest government debt
Government debt remains a pressing economic challenge for many African nations, with some countries grappling with alarmingly ...
Rising debt and spending demands: the squeeze on Britain’s finances — in charts
The rise reflects Britain’s stagnant economic growth and the legacy of costly government responses to the pandemic and higher energy costs. Economists said Reeves would struggle to meet rising demands ...
Rich countries are paying more interest on debts than spending on their militaries
Debt service costs as a percentage of GDP for the 38 OECD countries rose to 3.3% in 2024, up from 2.4% in 2021, according to ...
Government debt interest costs hit highest level since 2007
Sovereign borrowing among the high-income group of countries is expected to reach a fresh record of $17tn in 2025, compared with $16tn in 2024 and $14tn in 2023, according to the OECD report. This ...
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
"Macroeconomic feedback effects would further increase interest rates and, therefore, lead to even worse fiscal outcomes," ...
Business and Financial Times on MSN10h
2025 domestic bond re-entry seen as risky without debt alignment
By Joshua Worlasi AMLANU Government’s plan to re-enter the domestic bond market in 2025 carries significant risks if not ...
Cyprus Mail on MSN4h
Cyprus set for stronger GDP growth, lower unemployment
Credit rating agency Morningstar DBRS on Wednesday revised its economic growth and unemployment projections for Cyprus, reflecting a more optimistic outlook for the country’s economy.In its report, ...
Ray Dalio says he had a 'frank' discussion with the GOP about US debt and the 'mechanics behind how countries go broke'
Dalio said he had a "frank apolitical discussion" about the national debt with House Budget Chair Jodey Arrington and other ...
The Strategist9d
It’s been done before: pay for more defence spending with debt
Australia, Britain and European countries should loosen budget rules to allow borrowing to fund higher defence spending, a ...
UK facing hike in debt costs, OECD says in headache for Reeves ahead of Spring Statement
The UK is one of four countries facing "heightened vulnerability" due to the cost of maturing debt, writes ITV Political ...
India's GDP doubled to $4.2 trillion over last ten years: IMF
India's GDP has doubled over the last decade, growing from $2.1 trillion in 2015 to a projected $4.27 trillion by 2025. The ...