US debt exceeds GDP for first time since WW II as Fitch warns credit rating could fall further
The U.S. is now unmatched in a regrettable category. Among rich and spend-happy nations that are globally seen…
Interest on US debt is a top driver of future deficits, as past borrowing overwhelms fiscal outlook
U.S. debt is expected to continue soaring in the coming decades not because of excesses committed by future…
Gen Z is rebelling against the economy with ‘disillusionomics’
What happens when a generation is raised on economic promises that never materialize? Gen Z may want to…
Full extent of Stephen Friedman Gallery’s £7.8m debt revealed in filings – The Art Newspaper
Three prominent Black artists—Alexandre Diop, Deborah Roberts and Kehinde Wiley—are among those worst hit by the bankruptcy of…
how student gambling is wrecking NSFAS allowances
What begins as a quick fix for empty cupboards is fast turning into a dangerous cycle of debt…
how student gambling is wrecking NSFAS allowances
What begins as a quick fix for empty cupboards is fast turning into a dangerous cycle of debt…
Ian Somerhalder reveals he and wife Nikki Reed wracked up a staggering 8-figure debt after leaving Hollywood
Ian Somerhalder revealed that he and his wife, “Twilight” star Nikki Reed, climbed out of a massive debt…
France and Greece call for delaying Covid debt repayment and for more EU bonds – POLITICO
The Greek prime minister was on the same page. “What sense does it make right now to go…
Greece to be overtaken by Italy as eurozone’s most indebted country in 2026
A view of Duomo Cathedral and, in the background, the Porta Garibaldi business district, in Milan. [Claudia Greco/Reuters]…
France freezes €6B spending this year because of Middle East crisis – POLITICO
Finance Minister Roland Lescure was quick to insist that the freeze would not inevitably lead to spending cuts,…
War threatens to turbocharge looming government debt crisis – POLITICO
It added that global government debt rose to nearly 94 percent of gross domestic product last year and…
Brussels backs windfall tax on big firms to ease pain from energy crisis – POLITICO
This wouldn’t be the first time that EU capitals have raided the profits of energy companies to ease…