National debt has become one of the defining pressure points of the global economy, shaping everything from interest rates to social spending. The biggest borrowers are not always the weakest, but the ...
Countries in spiralling debt distress are set to deliver billions in profits to funds managed by asset managers including BlackRock, JP Morgan and other household names, new analysis from Christian ...
The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms. By Patricia Cohen Patricia Cohen, who has written frequently about debt ...
World governments had more than $100 trillion in public debt when the Iran war began—limiting their ability to cushion the effects of energy-price shocks.