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Despite being the world’s wealthiest nations, countries like the US, Singapore, and the UK face massive debt burdens, with ...
The IMF urges the US to reduce its fiscal deficit and control its rising debt amid Trump’s renewed tax cut push.
Consultancy Saltmarsh Economics estimates that even without any nominal GDP growth, an extra 325 billion euros of debt would ...
By growing the economy at a faster rate, the proportion of debt to GDP decreases ... Read next BI Tech Memo An icon in the shape of an angle pointing down.
The president returned to Washington from a Middle East trip to find his tariffs and a U.S. debt downgrade remain a concern ...
The nonpartisan Congressional Budget Office (CBO) recently released its long-term budget outlook and showed that budget deficits are on track to widen in the years ahead, pushing the national ...
The European Union has reimposed tight limits on states’ budget deficits — but with exemptions for military spending. After ...
Israel's War Spending in 2024 Lifts Debt Burden to 69% of GDP By Steven Scheer JERUSALEM (Reuters) - Israel spent about 100 billion shekels ($28 billion) on military conflicts in 2024, the finance ...
Too much debt compared to a country’s GDP can negatively impact economic growth. The federal government has countless programs to meet its citizen’s various needs. But the ever-rising national ...