total amount of debt owed to lenders by a government/state
America’s debt problem is storing up trouble for the rest of the world: The high and rising level of US government debt risks driving up borrowing costs around ...
cnn.com/2024/04/17/economy/america-debt-interest-rates/
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
US proposes debt to fund Ukraine using profits from frozen Russian assets: Hope that Washington’s idea could generate tens of billions in cash for Kyiv
ft.com/content/6cb21054-ccfc-4cb9-ab58-516d80be94de
BAILOUT BATTLE: The president's latest loan forgiveness plan comes even as the national debt continues to surge. www.foxbusiness.com/politics/bidens-latest-tudent-loan-handouts-could-cost-750-billion
Shilling gain cuts external debt by Sh1.12 trillion: The stock of external debt has fallen by Sh1.124 trillion in less than three months.
businessdailyafrica.com/bd/economy/shilling-gain-cuts-external-debt-by-sh1-12-trillion--4586234
Fact check: Is Biden or Trump better for the US economy?: Who is the more economically competent, Trump or Biden? One has public opinion on his side; the data ...
dw.com/en/fact-check-is-biden-or-trump-better-for-the-us-economy/a-68755181
Biden announces new plan to forgive student loan debt for millions: President Biden on Monday announced new plans to cancel student debt for millions of ...
pbs.org/newshour/show/biden-announces-new-plan-to-forgive-student-loan-debt-for-millions
Commentary: Beyond the SEA Games, is Singapore ready to host major sporting events?
channelnewsasia.com/commentary/singapore-decline-host-commonwealth-games-ready-major-sporting-events-sea-games-4263276
America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Ratings agency Fitch lowers China’s sovereign credit outlook to negative: Beijing says it is ‘disappointed’ with decision by US-based ratings agency.
aljazeera.com/news/2024/4/10/ratings-agency-fitch-lowers-chinas-sovereign-credit-outlook-to-negative
Quick Glance: Fitch downgrades China's sovereign credit outlook
- Fitch Ratings has downgraded China’s sovereign credit outlook to negative, prompting pushback from Beijing.
- The downgrade reflects “increasing risks to China’s public finance outlook” as the country attempts to move away from real estate-led growth.
- Fitch said it expected the government deficit to rise to 7.1 percent of gross domestic product (GDP) in 2024, up from 5.8 percent last year.
- China’s economy, the world’s second-largest, is grappling with slowing growth amid a host of headwinds, including a shrinking population, weak consumption, a prolonged real estate slump, and capital outflows.
CA$H CRUNCH: The alarming report and what it means for America's future and your bottom line.www.foxbusiness.com/politics/us-national-debt-interest-exceeds-defense-spending-cbo
White House announces $7.4B student debt cancellation to give 'breathing room,' takes dig at House GOP
foxbusiness.com/politics/white-house-announce-student-debt-cancellation-breathing-room-takes-dig-house-gop
S&P cut its Israel debt rating to A+ on geopolitical risks - Economy - The Jakarta Post
thejakartapost.com/business/2024/04/19/sp-cut-its-israel-debt-rating-to-a-on-geopolitical-risks.html
IMF raises India FY25 GDP forecast to 6.8% on back of strong domestic demand
deccanherald.com/business/economy/imf-raises-india-fy25-gdp-forecast-to-68-on-back-of-strong-domestic-demand-2980864
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Tax Day shows stark divide between Biden and Trump: Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates ...
apnews.com/article/trump-biden-income-taxes-irs-returns-filings-55d3031de64251169eb247f52430618d
Egypt committed to tame debt level to below 80% by 2027: Finance minister to IMF - Economy - Business
english.ahram.org.eg/NewsContent/3/12/522156/Business/Economy/Egypt-committed-to-tame-debt-level-to-below--by--F.aspx
Slow growth, high debt - troubled UK economy awaits election winners: Britain's national election, expected later this year, will take place against a backdrop ...
reuters.com/world/uk/slow-growth-high-debt-troubled-uk-economy-awaits-election-winners-2024-04-19/
S&P revises Greece’s outlook to ‘positive’ on debt reduction: Credit ratings agency S&P on Friday revised its outlook on Greece to “positive” from “stable ...
ekathimerini.com/economy/1236926/sp-revises-greeces-outlook-to-positive-on-debt-reduction/
World Bank rings alarm on reversal of poorest nations' development: The World Bank said in a report Monday that for the first time this century ...
dailysabah.com/business/economy/world-bank-rings-alarm-on-reversal-of-poorest-nations-development
Worsening US debt outlook seen more in gold and bitcoin than in bonds: Concern about the rapidly rising U.S. government debt is partly behind recent surges in ...
reuters.com/markets/us/worsening-us-debt-outlook-seen-more-gold-bitcoin-than-bonds-2024-04-19/
IMF says still 'differences' with Ethiopia over new loan programme: There are still "differences" between the International Monetary Fund (IMF) and Ethiopia over ...
reuters.com/world/africa/imf-says-still-differences-with-ethiopia-over-new-loan-programme-2024-04-19/
China's Q1 GDP grows faster than expected on back of policy support: Data: On a quarter-by-quarter basis, GDP grew 1.6 per cent in the first quarter ...
business-standard.com/world-news/china-s-q1-gdp-grows-faster-than-expected-on-back-of-policy-support-data-124041600137_1.html
Big investors steer clear of French debt as government finances creak
reuters.com/markets/europe/big-investors-steer-clear-french-debt-government-finances-creak-2024-04-19/
Unlike COVID, we know debt crisis is coming. How will we explain why we didn’t act? | Opinion
charlotteobserver.com/opinion/the-point/article287747275.html
2024 Municipal Bond Sales Could Rise as High as $440 Billion, John Miller Says - Bloomberg
bloomberg.com/news/articles/2024-04-18/john-miller-sees-2024-municipal-bond-sales-hitting-as-high-as-440-billion
Paid articlePaid
OPINION | Lawmakers want to make China pay its trillion-dollar debt to Americans: When the People’s Republic of China won recognition as China’s rightful ...
trib.al/qPdn2VS
David Rosenberg: Budget 2024 deserves a failing grade and will make the fight against inflation even harder
theglobeandmail.com/investing/markets/inside-the-market/article-david-rosenberg-this-anti-competitiveness-budget-deserves-a-failing/
Paid articlePaid
High national debt in the EU: The simmering risk of crisis: In France and Italy the national deficit is rising again, even though the economy is growing ...
faz.net/aktuell/wirtschaft/hohe-staatsschulden-in-eu-das-schwelende-krisenrisiko-19657728.html
IMF implements policy reform to aid countries amid debt crisis
New approach addresses rising global public debt levels
Shivan Chanana and Hem Saroya tell ... Show more wionews.com/videos #IMF #BusinessNews
Here’s what a ‘fairness for every generation’ budget would have actually included
theglobeandmail.com/opinion/article-heres-what-a-fairness-for-every-generation-budget-would-have-actually/
Paid articlePaid
What The Federal Budget's Spending Measures Could Mean For The BoC's Inflation Fight
seekingalpha.com/article/4684688-what-the-federal-budgets-spending-measures-could-mean-for-the-bocs-inflation-fight
Paid articlePaid
Commentary: Entrepreneurship as America’s debt solution: By creating a thriving startup environment, we can generate a powerful economic engine that not only ...
orlandosentinel.com/2024/04/19/commentary-entrepreneurship-as-americas-debt-solution/
#VantageOnFirstpost : The International Monetary Fund has issued a warning about the potential global repercussions of the rising US government debt ... Show more
Adhere to principles of fiscal federalism: Adhere to principles
of fiscal federalism
deccanherald.com/opinion/adhere-to-principles-of-fiscal-federalism-2984668
Hedge fund pushes for power firm to be excluded from Ukraine debt deal: London-based VR Capital is part of bondholder group that does not want Ukrenergo debt to ...
ft.com/content/d0d50fe0-ab00-4f09-8b86-51c0bc476edb
From the United States to China: By 2030, these countries will top the global debt list
english.elpais.com/economy-and-business/2024-04-18/from-the-united-states-to-china-by-2030-these-countries-will-top-the-global-debt-list.html
These ‘low risk’ investments are on sale — and that’s good news for retirees: This stampede away from certain assets has created a buyer’s market
marketwatch.com/story/good-news-for-retirees-as-these-low-risk-investments-go-on-sale-98d8c9f7
Debt Mountains of Italy and France Are Rising Again, IMF Says: The euro zone’s second and third-biggest economies are about to pile on debt again after three ...
bloomberg.com/news/articles/2024-04-16/debt-mountains-of-italy-and-france-are-rising-again-imf-says
Paid articlePaid The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
Egypt looks forward to mobilising sustainable finance for Africa’s public health: Finance Minister
Read more: www.dailynewsegypt.com/2024/04/18/egypt-looks-forward-to-mobilising-sustainable-finance-for-africas-public-health-finance-minister/
Whitehall blueprint for Thames Water nationalisation could see state take on bulk of £15bn debt
theguardian.com/business/2024/apr/18/whitehall-blueprint-for-thames-water-nationalisation-could-see-state-take-on-bulk-of-15bn-debt
The Urgency of Sovereign-Debt Restructuring | by José Antonio Ocampo - Project Syndicate
project-syndicate.org/commentary/world-needs-comprehensive-debt-restructuring-mechanism-by-jose-antonio-ocampo-2024-04
The budget’s tax changes on corporations and the wealthy are long overdue : Austerity or adding to the national debt would only make things worse. Instead ...
theglobeandmail.com/business/commentary/article-the-budgets-tax-changes-on-corporations-and-the-wealthy-are-long/
Paid articlePaid
Cayman continues on path towards debt freedom: The Cayman Islands government has continued to chip away at its half-a-billion-dollar debt ...
royalgazette.com/international-business/business/article/20240418/cayman-continues-on-path-towards-debt-freedom/
Egypt's International Cooperation Minister calls for innovative financing to tackle climate change, debt at G24 - Dailynewsegypt
dailynewsegypt.com/2024/04/18/egypts-international-cooperation-minister-calls-for-innovative-financing-to-tackle-climate-change-debt-at-g24/
AKP-run district municipality transfers $61.5M debt to successor CHP: The former ruling AKP administration of the Sancaktepe district municipality in Istanbul ...
duvarenglish.com/akp-run-district-municipality-transfers-615m-debt-to-successor-chp-news-64204
Investor climate group sets target for assets in private equity, debt: The world's leading group of asset owners committed to turning their investment portfolios ...
reuters.com/sustainability/sustainable-finance-reporting/investor-climate-group-sets-target-assets-private-equity-debt-2024-04-18/
The budget plus other letters, April 18: ‘Finally some sensible, upfront tax talk’
theglobeandmail.com/opinion/letters/article-budget-taxes-capital-gains-debt/
Paid articlePaid
Bitcoin derivatives metrics suggest $70K is here to stay: Bitcoin traders believe $70,000 will hold as support, and derivatives data supports this belief.
cointelegraph.com/news/bitcoin-derivatives-metrics-suggest-70k-is-here-to-stay
UK picks Jessica Pulay to lead multi-billion bond sales: Britain's finance ministry appointed Jessica Pulay as the next chief executive of the Debt Management ...
reuters.com/world/uk/uk-picks-jessica-pulay-head-debt-agency-overseeing-vast-bond-sales-programme-2024-04-16/
Public debt posts decline in Cyprus: Cyprus is seeing a promising reduction in its public debt.
ekathimerini.com/economy/1236704/public-debt-posts-decline-in-cyprus/
China is moving towards full monetary independence: The country needs to inflate away its high debt burden
ft.com/content/9f400538-645f-4c80-b206-0de6c51dc75f
IMF sees primary budget surplus at 2.1% of GDP: The International Monetary Fund forecasts a primary surplus of 2.1% of GDP for Greece this year and a decrease in ...
ekathimerini.com/economy/1236692/imf-sees-primary-budget-surplus-at-2-1-of-gdp/
Look out for a return of the US bond rollercoaster: U.S. government bonds are taking investors on an unusually gentle ride. Even as short-term interest rates ...
reuters.com/breakingviews/look-out-return-us-bond-rollercoaster-2024-04-16/
The rich world faces a brutal spending crunch: Countries including America, Britain and France are up against remorseless fiscal logic
economist.com/finance-and-economics/2024/04/09/the-rich-world-faces-a-brutal-spending-crunch
Egypt’s external debt to remain high in FY23/24 due to EGP depreciation: IMF - Economy - Business
english.ahram.org.eg/NewsContent/3/12/522096/Business/Economy/Egypt%E28099s-external-debt-to-remain-high-in-FY-due-to-.aspx
China's Q1 GDP grows faster than expected on policy support: China's economy grew faster-than-expected in the first quarter, data showed on Tuesday ...
reut.rs/49Fq8Ho
China Ramps Up Scrutiny of Illegal Bond Trading on Bubble Risks: China is looking into potentially illegal bond trading behavior by some financial firms ...
bloomberg.com/news/articles/2024-04-15/china-ramps-up-scrutiny-of-illegal-bond-trading-on-bubble-risks
Paid articlePaid Beware, Ottawa: Look what austerity and deficit fetishism did to Britain: Canada’s Liberal government has run a deficit every year. The national debt was at $1 ...
theglobeandmail.com/business/commentary/article-beware-ottawa-look-what-austerity-and-deficit-fetishism-did-to-britain/
IMF Warns Surge in U.S., China Debt Could Have ‘Profound’ Impact on Global Economy
wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81
Trump plan to devalue dollar a gift to China: TOKYO — Donald Trump would make currency devaluation great again in a second term. Surrogates for the former US ...
asiatimes.com/2024/04/trump-plan-to-devalue-dollar-a-gift-to-china/
G-24 calls for increased financing for developing nations battling inflation, high debts
premiumtimesng.com/news/headlines/686757-g-24-calls-for-increased-financing-for-developing-nations-battling-inflation-high-debts.html
The ECB is seen forgiving Italy its fiscal sins, if needed: Investors who have snapped up high-yielding Italian bonds over the last year on the assumption they ...
reuters.com/world/europe/ecb-is-seen-forgiving-italy-its-fiscal-sins-if-needed-2024-04-17/
Quick Glance: ECB Considers Forgiving Italy's Fiscal Sins
- Investors scrutinize ECB's rules for investment safety
- Italy may become ineligible for TPI due to financial difficulties
- Criteria for TPI support could still be met despite uncertainties
- Italy's high debt and increasing deficits pose ongoing challenges
America's national debt: The US is acting recklessly - and is hardly being punished
nzz.ch/meinung/an-amerikas-staatsschulden-kommt-kein-anleger-vorbei-privileg-nutzt-washington-schamlos-aus-ld.1825386
US funding rates rise modestly on tax outflows, Treasury supply: U.S. short-term funding costs rose slightly this week due to tax-related outflows and demand for ...
reuters.com/markets/us/us-funding-rates-rise-modestly-tax-outflows-treasury-supply-2024-04-16/
Taxes could kill goose that lays golden eggs : This comes at the time Uganda’s economic outlook remains dim as the shilling continues to slide against global ...
monitor.co.ug/uganda/news/national/taxes-could-kill-goose-that-lays-golden-eggs--4589634
Former treasury secretary Lawrence H. Summers and Yale Law School professor Natasha Sarin join Washington Post Live to offer their insights on the current ... Show more
The overlooked threats to the global financial system: As western governments shy away from debt reduction and structural reform, investors must reassess their ...
ft.com/content/0b78c68b-c65c-4080-b779-17041c290eaa
[OPINION] Fossil fuel debts are illegitimate and must be canceled: Governments and public financial institutions must own up to their co-responsibility for ...
rappler.com/voices/imho/opinion-fossil-fuel-debts-are-illegitimate-must-be-cancelled/
![[OPINION] Fossil fuel debts are illegitimate and must be canceled](/web/db/posts/44817/44817321.jpg)
Accountants' top concerns this election year: The economy, the national debt and tax reform are accountants' top concerns this election season ...
accountingtoday.com/news/accountants-top-concerns-in-the-2024-election-year
This is how much China is in your portfolio: High national debt, real estate crisis, weak growth: Investors still see risks primarily in China ...
faz.net/aktuell/finanzen/so-viel-china-steckt-in-ihrem-depot-19644497.html
Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: Joe Biden and Donald Trump have conflicting ideas about how much to reveal about ...
chicagotribune.com/2024/04/15/tax-day-how-biden-trump-would-govern/
A better World Bank is needed to address global challenges, Ajay Banga says: Bank president says a reformed institution will be on display during 2024 Spring ...
thenationalnews.com/business/2024/04/12/a-better-world-bank-is-needed-to-address-global-challenges-ajay-banga-says/
Ghana's debt rework quest hits international bonds hurdle: Ghana failed to strike a deal with holders of its international bonds, the government said on Monday ...
reuters.com/markets/ghanas-debt-rework-quest-hits-international-bonds-hurdle-2024-04-15/
Sparneck - Waiting three years for the money from the Free State: Treasurer Hutschreuther speaks of an “extremely precarious budget situation”: The market town ...
frankenpost.de/inhalt.sparneck-drei-jahre-warten-aufs-geld-vom-freistaat.6f571870-223e-406b-a13b-4a61e28b07de.html
Paid articlePaid
Meloni trying to hide growing public debt figures ahead of EU elections, economist says
euractiv.com/section/politics/news/meloni-trying-to-hide-growing-public-debt-figures-ahead-of-eu-elections-economist-says/
Fresh uncertainty around rate cuts exposes the stock market’s winners and losers: 5% 10-year Treasury yield no longer considered a level that might trigger a ...
marketwatch.com/story/fresh-uncertainty-around-fed-rate-cuts-exposes-the-stock-markets-winners-and-losers-afe0c399
The 25,000 euro question: national debt is becoming a problem for investors: Due to falling inflation, the ECB is likely to cut key interest rates soon ...
n-tv.de/ratgeber/Staatsschulden-werden-fuer-Anleger-zum-Problem-article24868465.html
Burgkunstadt's debts are rising: The city is expecting a significantly higher level of debt this year.
fraenkischertag.de/lokales/lichtenfels/politik/burgkunstadts-schulden-steigen-art-340819
Paid articlePaid
Fed should lower interest rates, economist says, as US commercial real estate market is in crisis
yenisafak.com/en/news/fed-should-lower-interest-rates-economist-says-as-us-commercial-real-estate-market-is-in-crisis-3681143
Trichet Sees Public Debt Level More Worrying Than Before Lehman: Government debt has exploded to levels that are more concerning than it was before the ...
bloomberg.com/news/articles/2024-04-12/trichet-sees-public-debt-level-more-worrying-than-before-lehman
New to NewsWall?
Sign up now to get your own personalized news!
Trending topics