Debt

Debt Ceiling Dilemma: US Economy Teeters on the Brink

The US federal debt has skyrocketed to a jaw-dropping $31.4 trillion, dangerously close to the legal borrowing limit known as…

2 years ago

UK government to borrow over £200 billion to fight Covid-19 – but who do they borrow from?

In the last three months, governments around the world have been spending huge sums of money on packages to reduce…

5 years ago

Lebanon is forced to default on debt as a financial crisis consumes the economy

The Prime-minister of Lebanon has announced that the country in Western Asia is to default on a huge debt repayment…

5 years ago