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 ...
Rich countries are paying more interest on debts than spending on their militaries
Debt service costs as a percentage of GDP for the 38 OECD countries rose to 3.3% in 2024, up from 2.4% in 2021, according to ...
Government debt interest costs hit highest level since 2007
Sovereign borrowing among the high-income group of countries is expected to reach a fresh record of $17tn in 2025, compared with $16tn in 2024 and $14tn in 2023, according to the OECD report. This ...
The U.S. National Debt: Historical Data and What It Means for Consumers
The challenge is that the U.S. has to pay interest on its debt, which is increasing yearly. The Congressional Budget Office ...
Germany’s debt brake snaps: what’s next for Europe’s largest economy?
The German Bundestag just made a historic decision today. A decision that will finally break Germany’s debt brake. This ...
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 ...
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US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels
It found that US debt held by the public could soar above 200% of GDP by 2047 and 250% by 2054 ... there may be exerting pressures on countries to buy the debt, to own the debt, political ...
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Costly Debt May Hamper Future Investment Capacity
Governments and companies borrowed USD 25 trillion from markets in 2024, which is USD 10 trillion more compared to the ...
Budget 2025: Labor’s fiscal reckoning with debt to GDP on rise
Analysis by The Australian ­reveals Treasury figures in ­Tuesday’s budget are expected to show gross debt as a percentage of GDP in 2024-25 will be higher than predicted in the May 2024 budget and in ...