#debt-crisis

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www.theguardian.com
2 days ago
Europe politics

Public Enemy review anatomy of Greece's economic crisis framed as epic tragedy

The Greek debt crisis can be seen as a modern tragedy influenced by historical context, driven by external forces undermining local democracy. [ more ]
www.theguardian.com
1 week ago
New York City

For me, there was no other choice': inside the global illegal organ trade

Yonas sacrificed his kidney to alleviate family hardships in Eritrea, driven by desperation due to debt and dire family circumstances. [ more ]
www.dw.com
2 weeks ago
Business

Greece and Germany: an economic partnership with potential DW 09/06/2024

Germany's honored country status reflects Greece's remarkable economic recovery and improved relations since the austerity crisis. [ more ]
#kenya
www.nytimes.com
3 weeks ago
Digital life

Africa's Debt Crisis Has Catastrophic Implications' for the World

Governments in Africa are facing extreme challenges in balancing debt repayment with essential public services amidst ongoing civil unrest. [ more ]
Truthout
4 weeks ago
Business

Kenya Protests Against IMF-Backed Reforms Reflect Severity of Global Debt Crisis

Protests against IMF-backed reforms in Kenya point to deeper issues of global debt and the effectiveness of multilateral lending. [ more ]
www.nytimes.com
2 months ago
Business

Behind the Unrest in Kenya, a Staggering and Painful National Debt

Kenya's protests were triggered by tax increases, but the root cause is the country's immense debt crisis affecting many African nations. [ more ]
www.nytimes.com
3 weeks ago
Digital life

Africa's Debt Crisis Has Catastrophic Implications' for the World

Governments in Africa are facing extreme challenges in balancing debt repayment with essential public services amidst ongoing civil unrest. [ more ]
Truthout
4 weeks ago
Business

Kenya Protests Against IMF-Backed Reforms Reflect Severity of Global Debt Crisis

Protests against IMF-backed reforms in Kenya point to deeper issues of global debt and the effectiveness of multilateral lending. [ more ]
www.nytimes.com
2 months ago
Business

Behind the Unrest in Kenya, a Staggering and Painful National Debt

Kenya's protests were triggered by tax increases, but the root cause is the country's immense debt crisis affecting many African nations. [ more ]
morekenya
www.nytimes.com
1 month ago
Business

Opinion | The China Hangover Is Here

Venezuela's reliance on China for economic support initially seemed beneficial, but ultimately led to severe economic decline and widespread humanitarian issues. [ more ]
Business Insider
1 month ago
Business

Rising household debt and shrinking incomes are setting the stage for a recession, top economist says

US economy may be heading towards a recession due to rising debt levels and shrinking incomes among American households. [ more ]
Non Profit News | Nonprofit Quarterly
1 month ago
Business

They Need Us More Than We Need Them-The Power of Debtor Organizing - Non Profit News | Nonprofit Quarterly

The American dream is now escaping debt rather than owning a house. [ more ]
Business Insider
1 month ago
Business

After various degrees and a brain injury, I owe $150,000 in student loans. The lawsuits and election only make it worse.

Shanna Hayes, a special education teacher, is struggling with over $150,000 in student loan debt and facing challenges with interest, credit score, and repayment uncertainties. [ more ]
#economic-impact
www.theguardian.com
2 months ago
Business

Developing countries face worst debt crisis in history, study shows

Developing countries are facing a severe debt crisis, with a significant portion of their budgets allocated to debt servicing. [ more ]
www.independent.co.uk
3 months ago
Business

Takeaways from AP analysis on the rise of world's debt-laden 'zombie' companies

Zombie companies with unsustainable debt levels are increasing worldwide, posing a significant risk of bankruptcy and economic impact. [ more ]
www.theguardian.com
2 months ago
Business

Developing countries face worst debt crisis in history, study shows

Developing countries are facing a severe debt crisis, with a significant portion of their budgets allocated to debt servicing. [ more ]
www.independent.co.uk
3 months ago
Business

Takeaways from AP analysis on the rise of world's debt-laden 'zombie' companies

Zombie companies with unsustainable debt levels are increasing worldwide, posing a significant risk of bankruptcy and economic impact. [ more ]
moreeconomic-impact
The Nation
4 months ago
Left-wing politics

Can Biden Become a Pugilist for Populism?

Perception of the economy does not align with traditional economic indicators. [ more ]
Los Angeles Times
6 months ago
Los Angeles

After years of rapid growth, California's almond industry struggles amid low prices

Almond industry facing a slump due to dropping prices
Investor groups in the almond industry struggling with high debts [ more ]
BBC News
6 months ago
UK politics

Looming election takes centre stage in Budget week

Theater surrounding budget announcements involves intentional leaks and strategic floats to test reactions and unsettle opponents.
The UK economy is struggling with stagnant growth, recession, high tax rates, and increased debt leading to challenges for tax burdens and public services. [ more ]
www.theguardian.com
9 months ago
Environment

New push for debt relief to help developing world fund climate action

The world's poorest countries are spending over 12 times as much on debt service payments as they are on measures to tackle the climate crisis.
A new round of comprehensive debt cancellation is needed to free up funds for climate emergency adaptation.
Many countries studied are spending less than 2% of their budgets on climate adaptation. [ more ]
www.independent.co.uk
3 months ago
Business

Zombies: Ranks of world's most debt-hobbled companies are soaring - and not all will survive

The number of zombie companies, struggling with excessive debt, has surged globally, posing a significant risk for financial markets and the economy. [ more ]
Entrepreneur
2 months ago
Business

Inflation's Next Victim Will Be Your Freedom | Entrepreneur

Social mobility was once a dream with the American Dream, but now faces constraints reminiscent of the past. [ more ]
www.theguardian.com
3 months ago
Business

Protectionism is slowing growth and entrenching poverty, says World Bank

Protectionism leading to slower global growth, hindering poverty eradication. [ more ]
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