U.S. debt is expected to reach 122.9 percent of GDP by the end of 2024 and 133.7 percent of GDP by 2029. On Wednesday, the International Monetary Fund (IMF) raised concerns about the systematic bias in debt projections made by most governments and called for immediate and decisive action to reduce the excessive global debt, […]

The federal government’s debt has reached yet another psychological threshold amid widespread concerns. According to data released by the U.S. Treasury Department on Monday, the federal government’s total public debt has surpassed US$35 trillion for the first time, as recorded at the end of last week, equivalent to the combined economic output of China, Germany, […]

On Monday, Russian Foreign Affairs Ministry spokeswoman Maria Zakharova denounced that the European Union (EU) approves credits to Ukraine, indebting it even more, despite many Europeans protesting due to the deterioration of the economic situation. RELATED:  Russia Detects Patriot Missile Fragments at Il-76 Crash Site “While European farmers demand assistance, their political leaders draw the […]