Asking whether a given debt level is “high” is a bit like asking how long a piece of string is. But it’s fair to say the string is quite long for a lot of countries. Twin deficits are now widespread ...

Debt financing costs have jumped to the highest level since 2007 among OECD governments. Interest payment as a share of GDP outpaced defense and safety services. The US accounted for over two-thirds ...

Consumers splurged on goods in particular, but also on services, and they accounted for 69% of GDP and moved the GDP needle. The trade deficit worsened further, driven by rampant consumer spending and ...

WASHINGTON, April 23 (Reuters) - Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower ...

Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower growth and trade strain government ...

The U.S. government's budget deficits are now projected to worsen throughout the next decade when compared with earlier forecasts this year, according to a new report by the nonpartisan Committee for ...

Italy's debt seen peaking at 137.4% of GDP next year US trade tariffs to subtract 0.5% from 2026 GDP Tax burden to rise in 2025 ROME, Oct 3 (Reuters) - Italy's public debt will only start falling as a ...

UK chancellor Rachel Reeves remains under intense pressure to tackle mounting government debt. The UK think-tank National Institute of Economic and Social Research (NIESR) had previously forecast that ...

Among the world’s 10 most indebted companies, five are Chinese, three are American and one each is French and Canadian.

Worldwide total government debt as of 2024, at least according to this source, was $97.5T. That means the US accounts for ...