#debt-sustainability

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World news
fromwww.theguardian.com
4 days ago

South Africa says US boycott of G20 is coercion by absentia'

The US will boycott the Johannesburg G20 leaders' summit and refuses to accept any leaders' declaration without its agreement, provoking South African condemnation.
fromFortune
1 week ago

Goldman CEO David Solomon warns 'there will be a reckoning' around the $38 trillion national debt | Fortune

Solomon said people he talks to are worried about not just the debt, but how it's "accelerated" over the last five years, "and it doesn't seem like we have the ability to pull it back." He argued that aggressive fiscal stimulus has become "kind of embedded" in how democratic economies operate. The debt has ballooned significantly since the financial crisis, he noted, and federal figures do show it increasing from roughly $10 trillion in 2008 to its current level, over three times as large.
US news
World news
fromwww.aljazeera.com
2 weeks ago

Could soaring global debt trigger the next financial crisis?

Global public debt could exceed 100% of world GDP by 2029, with wealthy countries borrowing cheaply while poorer nations face constrained fiscal capacity.
US politics
fromFortune
3 weeks ago

Why is Washington acting like the U.S. is in a recession? | Fortune

Large new fiscal stimulus and likely Fed rate cuts risk overheating the growing U.S. economy while widening deficits raise concerns about long-term debt sustainability.
UK politics
fromBusiness Matters
2 months ago

UK long-term borrowing costs hit 27-year high as global bond markets wobble

UK long-term gilt yields hit near 30-year highs, raising borrowing costs and widening a £40bn fiscal gap ahead of the November budget.
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