Britain at risk of being sucked into ‘spiral of debt’, says World Bank
Debt levels in other advanced economies are also ratcheting up. The International Monetary Fund recently warned that Joe Biden’s borrowing...
archivedebt
Britain’s debt timebomb is about to explode – and politicians are too timid to defuse it
Other countries with debt limits have a similar story to tell. Denmark, for instance, has managed to avoid brinkmanship by...
Finance ministers fail to strike EU spending rules deal after hours of talks – POLITICO
BRUSSELS ― EU finance ministers failed to agree on a reform of the bloc’s national spending rules as a meeting in...
Bank of England warns private credit poses threat to financial stability
Sarah Breeden, the Bank’s deputy governor with responsibility for financial stability, said risky corporate lending “is a business model that...
France sees no deal on EU spending rules without more room for green, security investment – POLITICO
PARIS — France's Finance Minister Bruno Le Maire warned that Paris will oppose a reform of EU spending rules if...
The U.S. National Debt Dilemma
Introduction Economists, investors, and lawmakers are again raising alarm bells about the U.S. national debt. Years of elevated budget deficits,...
The US economy is booming – but a nasty shock may be on the horizon
We all know that America is different. But last week’s revised growth figures for the third quarter underlined this point....
Calviño’s EIB ‘coronation’ triggers claims of bad practice – POLITICO
Press play to listen to this article Voiced by artificial intelligence. BRUSSELS ― The stars have aligned for Nadia Calviño...
Germany chokes on its own austerity medicine – POLITICO
Press play to listen to this article Voiced by artificial intelligence. BERLIN — Germans gave the world schadenfreude for a...
Opinion | The West Is Suffocating the Global South With Debt
Recent aggressive interest rate hikes have not solved the persistent inflation that economies have been experiencing. Indeed, the actual causes...
