US debt worrying financial markets
Since the return of Donald Trump to the White House uncertainty about US financial policy has caused concern as US debt continues to rise...
Tags : US debt
Global south on brink of disastrous debt crisis
COUNTRIES across the global south are experiencing climate, poverty and development crises 鈥� all made worse by the unbearable costs of debt servicing. Indeed, according to Development Finance International, 鈥楥itizens of the Global South now face the worst debt crisis since global records began.鈥� Low-income countries, which have seen the amount...
Dealing with odious debt
BANGLADESH has become increasingly indebted since 2009. The country鈥檚 external debt stock increased from $23.3 billion in 2008 to $100.6 billion in December 2023 thanks to the country鈥檚 mega-projects-led so-called development with borrowed money under the now-deposed authoritarian regime of Sheikh Hasina...