Latest News for: World debt

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W. Richard Turner: Stop playing politics with the economy

Waco Tribune-Herald 04 Feb 2023
We hear a lot about the budget deficit and the national debt these days ... The national debt concern is sometimes manufactured for political purposes ... The national debt doesn’t have to be paid off, not now and not in the future ... We have always had a national debt and it has always been of manageable size, even during World War II.
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Letters: Ignoring Korea | Unwoke GOP | Authoritarianism push | Debt problem | Root cause

The Mercury News 04 Feb 2023
North Korea being restricted was a known fact to the world, but they do not realize just how severe it continues to be. One wonders how the majority of North Korea’s citizens can continue to have their basic human rights stripped away with little to no knowledge from the outside world ... debt problem answers ... Driving the debt.
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Shifting Baseline Disorders: Only the One Percent is Bad

Dissident Voice 04 Feb 2023
the world’s richest 85 individuals do not have the same amount of accumulated wealth as the world’s poorest 50 percent ... Truckers in the world, got .06 (cents) a mile in the 1960s ... The poorest 40 percent of the world population accounts for just 5 percent of all global income ... They have no propertied wealth; they live in debt ... They are driving in debt.
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Adani set to ax $500 million overseas bond plan

Gulf News 04 Feb 2023
The group will look into other ways to refinance the first tranche of $4.5 billion of debt it used to buy ACC and Ambuja Cements Ltd., according to the report ... out of World's top 20 richest people.
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Adani set to axe $500 million overseas bond plan

Gulf News 04 Feb 2023
The group will look into other ways to refinance the first tranche of $4.5 billion of debt it used to buy ACC and Ambuja Cements Ltd., according to the report ... out of World's top 20 richest people.
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Irish national debt stands at 44,000 euro per person, figures show

AOL 03 Feb 2023
Ireland’s national debt now stands at 44,000 euro per person in the country, one of the highest per capita debt burdens in the world ... “We face these challenges with elevated debt levels; Ireland continues to have one of the highest per capita debt ratios in the developed world.
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Ireland's Public Debt Per Capita One of World's Largest in 2022 - Finance Ministry

Urdu Point 03 Feb 2023
Ireland's government debt per capita became one of the largest in the world in 2022 amid surging inflation and growing cost of living, the Irish Finance Ministry reported on Friday ... "Public debt stood at an estimated 226 billion ($245 ...
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Irish debt burden among highest per capita in the world at €44,250

RTE 03 Feb 2023
The national debt stood at €226 billion at the end of last year, according to the Department of Finance's Annual Report on Public Debt in Ireland. That is equal to €44,250 for every man, woman and child in the country and is one of the highest per-capita debt burdens in the world, according to the report.
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BlackRock has more than $100 million exposure to Adani's dollar debt, report says

Business Insider 03 Feb 2023
BlackRock has one of the biggest known exposures to Adani's dollar debt, per Bloomberg. REUTERS/Eric Thayer The world's biggest asset manager BlackRock holds over $100 million in Adani dollar bonds, per Bloomberg ... Notably, concern over Adani's debt was a key pillar of Hindenburg's argument for initiating a short-sell battle with the group.
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Ireland’s public debt rises to one of highest in the world per capita

The Irish Times 03 Feb 2023
Public debt increased by more than 11 per cent at the end of 2022 to around €44,000 for every person in the country, which is one of the highest per capita debt burdens in the world, figures from the ...
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What is Really Behind the Rise in Interest Rates?

Armstrong Economics 03 Feb 2023
Then we have Klaus Schwab and George Soros who are pushing for world war perhaps ... So we have inflation, war, and the ultimate end game of defaulting on the debt as they did after World War II and creating a new Bretton Woods with cryptocurrency so they can track everything we do.
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PRECONDITION FOR THE ECO AS A CURRENCY YET TO BE MET

Foroyaa 03 Feb 2023
He added that the world economy is experiencing an increased private and public debt as several countries expanded their debt profiles through new borrowings to stay afloat, thereby putting pressure on external reserves and causing substantial depreciation in the exchange rate of many countries.
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Jordan needs more freedom and justice: former PM

The New Arab 03 Feb 2023
He added that there should be more freedom and justice in the kingdom, hoping that his children and grandchildren "will see Jordan pay off its debts" ... The World Bank says the country is heavily in debt and has an unemployment rate of around 23 percent.
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Exclusive: Big stimulus unlikely as China considers steps to support consumers-sources

Reuters 03 Feb 2023
Many economists have argued for years that the world's No. 2 economy should rebalance, relying more on domestic consumption and reducing its reliance on debt-backed investment, which now produces more debt than growth ... Gross fixed capital formation, % of GDP, according to World Bank dataMUST 'GUARANTEE' GROWTH.
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Letter: GOP has lost its way

Newburyport Daily News 03 Feb 2023
To the editor. ... When a faction of the (no longer) GOP takes control, we are all in terrible trouble ... It won’t pass but holding this country hostage with the debt ceiling calls for our country to collapse and with it the rest of the world. The way to approach change is through budget negotiations, which is not part of the debt ceiling ... PHYLLIS OREM ... .

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