Colombia’s Fiscal Crisis Is Deepening Under President Petro
The finances of Latin America’s fourth-largest economy, Colombia, are in total disarray. Nearly four years of fiscal mismanagement…
Saudi Finance Minister approves SR217 ($57.9) billion borrowing plan for 2026 | World News
Saudi Arabia approves SR217 billion 2026 borrowing plan to fund deficit and debt repayments/Representative Image Saudi Arabia is…
‘2025 Has Been Tough, 2026 Will Be Much Worse’: Italian PM Giorgia Meloni’s Advice To Staff Before Christmas Break
Rome: Italian Prime Minister Giorgia Meloni has warned her staff that 2026 will be “much worse” than 2025,…
Pakistan’s economy collapsing? Public debt rises to $286.8 billion; debt-to-GDP ratio hits 70%
Pakistan’s total public debt reached $286.832 billion (PKR 80.6 trillion) as of June 2025, almost 13 per cent…
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch…
NESDC warns Thailand’s high debt is creating a “diabolic loop” that drags down growth
New government urged to exercise caution on debt Wichayayuth stated that economic measures by the new government…
Is the U.K. a Canary in the Coal Mine for a Heavily Indebted World?
LONDON—This past week, U.K. long-term borrowing costs hit their highest level in decades, causing Treasury chief Rachel Reeves…