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Surging government debt levels are becoming a pressure point for big economies and bond investors have their sights on those ...
The US national debt has now hit a new all-time high of $36.5 trillion, based on official government numbers. The total ...
Even before a new government, the EU expected debt at around 139% of output ... 14 years of Conservative Party rule The chart shows the GDP growth of G7 countries from Q4 2019 with Britain ...
In a blow to Chancellor Jeremy Hunt’s dream of tax cuts before next year’s general election, Government debt surpassed the size of the economy in May for the first time since 1961, aside from ...
NIIGATA, Japan, May 11 (Reuters) - A standoff in Washington over raising the U.S. debt ceiling overshadowed a meeting of Group of Seven (G7) finance ... the limit on the government's permitted ...
Thanks to lower inflation and monetary easing, a majority of G7 government bonds rallied in the third quarter ... while U.S. high-yield debt saw 13.8% returns. Canadian investment-grade bonds posted ...
Chart: The Economist Higher interest rates deployed to manage inflation will also take a toll. The government will spend $728bn to service its debt in 2024, or 16% of revenues (see chart 3).
“The federal government is very quick to point out that the country’s net debt relative to the size of the economy (GDP) is lowest in the G7, but Canada’s true debt position is much worse ...
The debt limit negotiations ended Friday night with no progress. President Joe Biden asked his team to set up a call with Speaker Kevin McCarthy for Sunday morning to discuss the debt ceiling ...
France's national audit office chief said on Monday there was no room for manoeuvre on the budget and debt must be reduced. Even before a new government, the EU expected debt at around 139% of ...