As the deficit increases, politicians are unlikely to make a serious effort to get spending under control. On Thursday, the Congressional Budget Office (CBO) said the national debt will hit US$56 trillion by 2034 amid increasing spending. That means debt held by the public would amount to 122 percent of gross domestic product by 2034. […]

A recently released report showed that defense spending by the United States — the world’s largest military spender — accounted for nearly 40 percent of world’s total military expenditures in 2023. RELATED:  NATO Drills Near Russian Border Increase Risks of Conflict In the latest move of aggressive U.S. military spending, President Joe Biden signed a […]

With the U.S. government showing no sign of containing its spending in an election year, economists and observers have warned that high U.S. deficit poses risks to the U.S. and global economy. RELATED:  Pro-Palestinian Protests Spread in US Universities First Deputy Managing Director of the International Monetary Fund (IMF) Gita Gopinath said that while high […]

On Sunday, official sources stated that Haiti is currently suffering from a shortage of experts in the field of mental health, a problem that will make it impossible to meet the needs of a population under great pressure. RELATED: Haiti: WFP Temporarily Suspends Work in Hazardous Areas “There are approximately 300 mental health professionals, some […]