News

More borrowings, slower economic growth MANILA, Philippines —  The share of national debt to the country’s output jumped to ...
Global debt rose by around $7.5 trillion in the first three months of the year to hit a record high of over $324 trillion, ...
Having debt is important in times of crises, but if investors think it’s too risky to lend money to a country, interest rates ...
Treasury Secretary Scott Bessent told a Congressional committee Tuesday that it's hard to say how much debt the nation can carry, but said the U.S. won't ...
Italy can win its battle over public finances and reduce the high interest costs that plague it if it is deemed credible, by ...
"Mounting debt would slow economic growth, push up interest payments to foreign holders of U.S. debt, and pose significant risks to the fiscal and economic outlook; it could also cause lawmakers to ...
NEW YORK] Global debt rose by around US$7.5 trillion in the first three months of the year to hit a record high of over ...
Morningstar DBRS has upgraded India's sovereign credit rating to 'BBB' with a stable trend, citing structural reforms, ...
External debt, meanwhile, amounted to P5.30 trillion as of end-March, down from P5.41 trillion in the prior period. “The reduction was primarily due to the P66.22 billion decrease in the peso ...
It’s clear New Zealand is following a global trend towards austerity by focusing on reducing government spending and lowering ...
US Treasury Secretary Scott Bessent says the US needs to reverse the "scary" fiscal path that it's on before it's too late.
THE national government’s outstanding debt continued to rise, hitting a fresh record level of P16.683 trillion as of the end of March, due to higher domestic and external borrowings, according to the ...