Global debt has passed $100 trillion, and governments and corporations are drowning in rising interest costs. The ...
Governments in rich countries are set to issue a record $17 trillion in bonds this year as the higher cost of refinancing existing debts continues to push their interest bills higher, the ...
President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s ...
Starting more than two decades ago, the World Bank, in partnership with the International Monetary Fund (IMF) and the international community, has worked with developing countries to reduce their debt ...
Over croissants and orange juice, he pledged that his country would cut spending and collect more in taxes to make the crushing debt payments owed to foreign investors. For Edun, a former ...
By immersing myself in interesting and unique cultural experiences while paying down my debt meant that I wasn't saying goodbye to fun for all of my 20s — quite the opposite. Since 2019, I've traveled ...
The deep concerns of civil society in many countries helped to spur the international community to action in the HIPC Initiative. Now some debt relief campaigners are calling for a complete ...
Economists Martín Guzmán and Joseph Stiglitz explain how state-level changes can assist the 3.3 billion people living in countries that spend more on debt service than health care.
The significant health progress made over the past decade in Central, Eastern, Southern and West Africa—where many countries were on track to ending their AIDS epidemics—is now at risk of being ...
No other country, apart from Iceland and Ireland, has recorded such a performance over this period, a trajectory made all the more exceptional by the fact that the debt burden continued to rise ...