It's not just America with a debt problem. World governments face the highest debt costs since 2007.
"This combination of higher costs and higher debt risks restricting capacity for future borrowing" the OECD said in a report ...
OECD report points to mounting global debt crisis
Across the 38-member organisation, interest payments on government debt are swallowing an ever-greater portion of government ...
Ray Dalio says he had a 'frank' discussion with the GOP about US debt and the 'mechanics behind how countries go broke'
Dalio said he had a "frank apolitical discussion" about the national debt with House Budget Chair Jodey Arrington and other ...
Business Daily Africa11d
Debt service costs up by Sh69bn on higher domestic interest rates
Interest payments on domestic debt alone jumped 2.6 times to Sh325.7 billion and accounted for the increase in debt service ...
The Financial Times8d
Government debt interest costs hit highest level since 2007
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Interest payments are swallowing the biggest portion of rich nations’ economic output since at least 2007 ...
Kenya seeks new IMF deal after abandoning latest review
Kenya and the International Monetary Fund (IMF) will discuss a new lending programme and abandon the current one, as the ...