| 单词 | public debt |
| 例句 | Yet in part because it began with the bail-out of Greece, many politicians, especially German ones, think the main culprits were not these design flaws but fiscal profligacy and excessive public debt. France v Germany 2016-10-27T04:00:00Z This question will be settled by the United States, which will also assume the public debt of Hawaii, but will secure to return the Crown lands and other possessions. From the archive, 15 June 1897: A volume filled with horrors 2010-06-15T15:22:00Z This year’s promising season marks a rare ray of light in an otherwise gloomy outlook for Lebanon’s economy which is struggling with massive public debt after years of low growth. Back on the map: Lebanon hopes for best tourist season in years 2019-07-11T04:00:00Z Our complex world has grown even more complex, our economic fates tied to baroquely named financial instruments incomprehensible even to the specialists, our futures decided by degrees of public debt in southern European countries. After The Bomb: Don DeLillo Tells Us What to Fear 2011-11-28T17:53:47Z It’s just a tremendous waste of money and it’s going to cause some trouble in terms of a bigger public debt; it’s just wasting resources. What can we learn from the Great Depression? 2012-08-27T11:45:00Z The durability of both the British and American states throughout their history has depended on their ability to use public debt to adapt to different challenges. Antifragile: How to Live in a World We Don't Understand by Nassim Nicholas Taleb – review 2012-11-21T10:15:01Z A: There the issues are less about rising inequality and more about the future of the welfare state and the future of public debt. Book Talk: Game-changer or Marx revisited? A new tale of capital 2014-05-13T04:00:00Z The facts may be different, count them as you will in naval fleets, public debt or balances of trade. A British fleet with no aircraft carrier. Unthinkable! 2010-10-23T06:00:00Z The deal, which came five years after Ford last tapped the U.S. public debt market with an investment-grade rating, attracted enough demand to cover the amount being sold 5.49 times, according to IGM. Ford credit rating upgrade to boost demand for US corporate bonds -analysts 2023-11-03T04:00:00Z Even small signs from the BOJ of an exit could also unleash a bond sell-off that would inflict major losses on investors, and boost the cost of funding Japan's huge public debt. Exclusive: BOJ plans to exit from easy policy next year but needs some good fortune 2023-11-02T04:00:00Z His comments hobbled local markets and reignited concerns about a larger-than-estimated increase in Brazil's public debt. Brazil cenbank cuts rates, with more likely to come, but flags 'adverse' backdrop 2023-11-01T04:00:00Z Kenya has been struggling with growing public debt which has led Ruto to announce tough austerity measures including restrictions on foreign trips and cutting all government ministry budgets by more than 10%. Kenya is raising passenger fares on a Chinese-built train as it struggles to repay record debts 2023-11-01T04:00:00Z The IMF warned in a report earlier this year that without reforms, public debt in the small, crisis-ridden country could reach nearly 550% of GDP. Israel-Hamas war could threaten already fragile economies in Egypt, Lebanon and Jordan 2023-10-25T04:00:00Z Haddad's success this year in passing new fiscal rules to curb the growth of public debt has won him grudging respect in financial markets. Exclusive: Brazil readies currency hedging tool to boost FDI, says Haddad 2023-10-19T04:00:00Z Kenya has been struggling with ballooning public debt, with $6 billion owed to Chinese creditors, according to national data. Kenya seeks more Chinese loans at ‘Belt and Road’ forum despite rising public debt 2023-10-16T04:00:00Z She described it as both “serious” and “realistic,” even as Italy faces an expected increase of 13 billion euros in payments to service its public debt as interest rates increase. Italy approves 24 billion-euro budget that aims to boost household spending and births 2023-10-16T04:00:00Z Vitor Gaspar, head of the IMF's fiscal division, warned current subsidies-based policies were failing to deliver net zero emissions and that scaling them up would explode public debt without carbon pricing to generate revenue. Key takeaways from IMF/World Bank meetings in Morocco 2023-10-16T04:00:00Z Vitor Gaspar, head of the IMF's fiscal division, warned current subsidies-based policies were failing to deliver net zero emissions and that scaling them up would explode public debt. Key takeaways from the IMF/World Bank meetings 2023-10-14T04:00:00Z "At the projected pace, the public debt ratio, in the U.S., would be above 140 percent of GDP by the end of the decade," Gaspar said, compared to 110% in 2022. IMF fiscal chief: U.S., China must rein in debt, face different challenges 2023-10-11T04:00:00Z A crunch is looming, finance industry experts said, with many weaker, smaller businesses seeking new private loans and public debt deals just as government borrowing costs - which influence loan rates - are soaring globally. Fall of the zombies? Why corporate failures could surge in 2024 2023-10-06T04:00:00Z It warned that profligate government spending and a jump in the public debt would potentially put “downward pressure” on the credit rating. Cyprus hails Moody’s two-notch credit rating upgrade bringing the country into investment grade 2023-09-30T04:00:00Z Gold-, oil- and cocoa-producing Ghana's worst economic crisis in a generation was brought on by spiralling public debt. Ghana ex-trade minister quits ruling party to run for president 2023-09-25T04:00:00Z The gold-, oil- and cocoa-producing nation has been battling its worst economic crisis in a generation brought on by spiralling public debt. Multi-day protests over economic crisis grip Ghana's capital 2023-09-23T04:00:00Z While we’re thinking about economic numbers, here’s the current public debt according to the Treasury Department, which offers an always fascinating little feature at its official website titled “Debt to the Penny,” found at Treasury.gov. Kat Timpf readies for 2024 and ‘how stupid things are going to get’ 2023-09-19T04:00:00Z EU fiscal rules underpin the value of the euro used by 20 countries and set a limit on budget deficits of 3% of GDP and a public debt limit of 60% of GDP. EU ministers agree on fiscal reform 'camino', aim for year-end deal 2023-09-16T04:00:00Z The new package could further strain a public debt burden that is running at more than double the size of the economy, the world's third largest and the heaviest among industrialised nations. Japan's new economy minister sees positive signs emerging for end of deflation 2023-09-14T04:00:00Z Inflation is also doing a number on interest payments on the public debt, which rose 30% to total $644 billion over the last 11 months. Pandemic budget honeymoon disappears as federal spending surges 2023-09-13T04:00:00Z "High public debts are here to stay," they wrote. No real fix to the sharp rise in public debt loads, economists say 2023-08-26T04:00:00Z Friday’s filing comes more than eight years after Puerto Rico announced that it was unable to pay its more than $70 billion public debt, which was accumulated through decades of corruption, mismanagement and excessive borrowing. Puerto Rico board submits third plan in attempt to restructure power company debt of $10 billion 2023-08-26T04:00:00Z Without going into too much detail, Argentina had also let its public debt get out of control. How Argentina learned to love the US dollar 2023-08-15T04:00:00Z This remains the most challenging front, as any excessive budget slippage could begin to show up in the form of higher inflation expectations through potentially lower public debt prices and domestic currency weakness. Brazilian consumer prices seen virtually flat in July vs June 2023-08-09T04:00:00Z The biggest single spending increase is the 34% jump — $146 billion more — that the government is spending on interest payments for the public debt. CBO says federal deficit will reach $1.7 trillion this year, third worst in history 2023-08-08T04:00:00Z However, Tuesday’s report added that as the fiscal deficit widens in Solomon Islands and FSM, the governments are expected to increase borrowing to meet the financing gap — increasing the public debt. Public debt expected to fall in most Pacific countries -World Bank 2023-08-08T04:00:00Z After three decades of extremely low interest rates, any sign of monetary tightening risks triggering a spike in the cost of funding Japan's huge public debt, and creating disruptive shifts in global asset allocation. Insight: BOJ makes bold shift as yen risks grow too big to ignore 2023-08-03T04:00:00Z Fitch on Tuesday pointed to increasing political dysfunction in the US and a rising public debt load in explaining its decision. Janet Yellen: Credit downgrade 'puzzling' and unwarranted' 2023-08-02T04:00:00Z "Fiscal policies may not be easily implemented, given the already high public debt and the reduced efficiency of these policies." Analysis: China's bad first half gets investors hopeful and interested 2023-07-19T04:00:00Z These nations face a vicious cycle, because heavy public debt levels make it hard to attract public and private investment. Yellen Calls for Accelerating Debt Relief for Poor Countries 2023-07-16T04:00:00Z A series of shocks to the economy have also "ratcheted up" public debt, the chair of the forecaster said. Rapid pace of price rises 'embedded', forecaster warns 2023-07-14T04:00:00Z The UK's public debt could soar as the population ages and tax receipts fall, the government's independent forecaster has warned. Warning public debt could soar as population ages 2023-07-13T04:00:00Z Guterres said financial markets may seem not to be suffering yet — but billions of people are and the levels of public debt “are staggering and surging.” 3.3 billion people live in countries that spend more on debt interest than education, UN says 2023-07-12T04:00:00Z Private creditors, such as bondholders and banks, represent 62% of developing countries' total external public debt. Global public debt hits record $92 trillion - UN report 2023-07-12T04:00:00Z Those include proposed tax reform, changes to tax trial rules and a new fiscal framework aimed at controlling explosive public debt growth. Local markets more upbeat about Brazil's economy under Lula, poll shows 2023-07-12T04:00:00Z That means the UK is having to pay more interest on its public debt, he said. Rapid pace of price rises 'embedded', forecaster warns 2023-07-14T04:00:00Z The European Commission proposed in April that governments should ensure their public debt falls by an individually negotiated amount over four to seven years and stay on a downward path for a decade afterwards. Analysis-Deep distrust of EU leaves Italy's Meloni in a corner over bailout fund 2023-06-29T04:00:00Z In addition, future interest rates fell as Congress advanced the government's new fiscal rules, seen as crucial to curb uncontrolled public debt after Lula's increased social spending to fulfill campaign promises. Brazil central bank signals possibility of rate cut in August by majority view 2023-06-27T04:00:00Z Hugo Maul, president of the National Economic Research Center, said that national inflation has begun to drop, while the fiscal deficit and public debt are relatively controlled. Weary Guatemalans pick a new president Sunday. Will it be 'the least of the worst' again? 2023-06-23T04:00:00Z Greece is heading into an election weekend with its public debt trading near the levels enjoyed by first-class peripheral countries, a decade after a debt crisis forced a dramatic reshaping of its borrowing. Morning Bid: Fragile markets wait on PMIs 2023-06-23T04:00:00Z Greece is heading into an election weekend with its public debt trading near the levels enjoyed by first-class peripheral countries, a decade after a debt crisis forced a dramatic reshaping of its borrowing. Turkey's lira hits fresh record lows after rate hike 2023-06-23T04:00:00Z But he said if public money is spent to "deal with particular crises" then "you are inevitably adding to the stock of public debt" which puts pressure on interest rates. Mortgage help 'under review', says Michael Gove 2023-06-18T04:00:00Z Countries that spent on pandemic relief for households and businesses already are grappling with higher public debt and now have the added burden of more expensive costs to pay it down. Persistent inflation, higher interest rates will weigh on global economy, OECD predicts 2023-06-07T04:00:00Z The budget surplus is expected to go towards repaying Qatar's public debt, boosting central bank reserves, and increasing the capital of the Qatar Investment Authority, the state sovereign wealth fund. Qatar records budget surplus of $5.4 bln in Q1 - state news agency 2023-06-05T04:00:00Z Decades of fiscal stimulus since the 1990s asset bubble burst has left a mountain of debt for Japan, with COVID-19 measures further aggravating its public debt levels. Japan PM orders about $26 bln to be set aside for childcare 2023-05-31T04:00:00Z Interest on public debt would fall by $188 billion, it added. US CBO: debt ceiling bill to cut $1.5 trillion from deficit over decade 2023-05-31T04:00:00Z President William Ruto, who was elected last year, has pledged to restore fiscal discipline after public debt surged under his predecessor. World Bank approves $1 billion loan to Kenya 2023-05-30T04:00:00Z The World Bank in a statement on Monday said Thailand now needed to address growing spending needs, while keeping public debt under control. Thai economy resilient, on path to full recovery - finmin 2023-05-29T04:00:00Z Constitution's 14th Amendment stating that "the validity of the public debt of the United States ... shall not be questioned" and thus clear the way for him to authorize more borrowing. Explainer: US debt ceiling deal's winding road to passage in Congress 2023-05-28T04:00:00Z Japan is the industrial world's most indebted government, with a public debt that is more than double the size of its economy. Japan PM orders about $26 bln to be set aside for childcare 2023-05-31T04:00:00Z Some progressive lawmakers have pushed Biden to invoke the 14th Amendment, which says the “validity of the public debt, authorized by law ... shall not be questioned.” Biden and McCarthy reach last-minute deal to raise U.S. debt limit 2023-05-27T04:00:00Z A clause in the 14th Amendment, adopted after the Civil War, stipulates that “the validity of the public debt” issued by the U.S. government “shall not be questioned.” Biden and McCarthy Set to Resume Negotiations on Debt Limit 2023-05-21T04:00:00Z Thailand's public debt rose due to the pandemic response, but overall fiscal risks remain manageable, the bank said. Thai economy resilient, on path to full recovery - finmin 2023-05-29T04:00:00Z Progressives have urged Biden to invoke a clause in the Constitution’s 14th Amendment that says the validity of the public debt in the United States “shall not be questioned.” Debt ceiling struggle explained: Why now and how could it end? 2023-05-22T04:00:00Z The amendment states that the "validity of the public debt of the United States ... shall not be questioned," but the clause has been largely unaddressed by the courts. Fresh round of debt ceiling talks kick off as US default worries grow 2023-05-22T04:00:00Z Constitution, which states that "the validity of the public debt... shall not be questioned." No deal: Federal Workers Union asks U.S. court to intervene 2023-05-21T04:00:00Z Section 4 of the 14th Amendment seems reasonably clear: "The validity of the public debt of the United States, authorized by law … shall not be questioned." McCarthy pushes US to brink of default to appease energy donors — but Biden has an ace up his sleeve 2023-05-20T04:00:00Z “When these projects go bad, what was advertised as a private debt becomes a public debt,” Parks said. China’s loans pushing world’s poorest countries to brink of collapse 2023-05-18T04:00:00Z "While public debt levels as a share of GDP remain modest across most of the region, the PIC9’s economic geography and volatile revenue bases mean debt distress risks remain elevated," it said. Six Pacific countries at high risk of debt distress - World Bank 2023-05-18T04:00:00Z The revenue increase is a crucial pillar of the new fiscal framework presented by the government to provide a sustainable path for public debt. Brazil's government eyes tax tweaks to boost revenue -sources 2023-05-16T04:00:00Z Some legal scholars point to a clause in the 14th Amendment which says the “validity of the public debt, authorized by law ... shall not be questioned.” Does the 14th Amendment permit the president to bypass the debt ceiling? 2023-05-16T04:00:00Z Nevertheless, the modern Washington establishment – of both parties – has embraced the notion that a refusal to pay Congressionally authorized obligations might, somehow, not "question" "the validity of the public debt." McCarthy pushes US to brink of default to appease energy donors — but Biden has an ace up his sleeve 2023-05-20T04:00:00Z The validity of the public debt of the United States ... shall not be questioned. Column: Here's why the debt ceiling is not only stupid — it's unconstitutional 2023-05-15T04:00:00Z Mr. Bradley wrote that most proponents of the move “skip over a key phrase” in Section 4 of the 14th Amendment, which says the validity of the U.S. public debt is “authorized by law.” Shrinking tax revenue complicates debt limit talks; Biden says ‘we’re not there yet’ 2023-05-13T04:00:00Z Part of the amendment states “the validity of the public debt of the United States … shall not be questioned.” Playing chicken on federal default risks a world economy fried 2023-05-12T04:00:00Z “Nor can we perceive any reason for not considering the expression ‘the validity of the public debt’ as embracing whatever concerns the integrity of the public obligations.” Does the 14th Amendment permit the president to bypass the debt ceiling? 2023-05-16T04:00:00Z One idea being discussed would be invoking the 14th amendment of the Constitution, which states that the “validity of the public debt of the United States, authorized by law, … shall not be questioned.” Yellen: Different system needed to end repeated standoffs over US debt ceiling 2023-05-11T04:00:00Z Evidence is already emerging that investors’ confidence in public debt is shrinking. Democrats open to slashing spending, but refuse to clarify what should be cut in budget talks 2023-05-10T04:00:00Z “I am considering the 14th Amendment,” Mr. Biden said, referring to a clause in the Constitution that stipulates that “the validity of the public debt” issued by the U.S. government “shall not be questioned.” How Might the Government Avoid Default? Biden Offers Clues. 2023-05-10T04:00:00Z That would leverage a clause in the Constitution that says that the validity of public debt should not be questioned. The Coin, the Constitution, Premium Bonds: The Debt Limit Workarounds 2023-05-09T04:00:00Z The 14th amendment says the validity of the public debt of the United States "shall not be questioned." Biden, McCarthy start debt ceiling talks as clock ticks to default 2023-05-09T04:00:00Z The White House could declare that the debt limit is unconstitutional, arguing it violates the 14th Amendment’s clause that “the validity of the public debt of the United States … shall not be questioned.” Debt Showdown 2023-05-09T04:00:00Z It states that the “validity of the public debt of the United States, authorized by law, … shall not be questioned.” Chaos? Kumbaya? How the debt limit standoff might end 2023-05-08T04:00:00Z There is already evidence that investors’ confidence in public debt is shrinking. Biden’s team looks for wiggle room in debt limit talks, floats short-term hike 2023-05-08T04:00:00Z Amid government efforts to prevent an escalation of the public debt, Haddad said measures would be taken until the accounts were balanced. Brazil's Haddad backs longer-term target for inflation, no talk of goal change 2023-05-05T04:00:00Z There is already evidence that confidence among investors in public debt is shrinking. White House floats short-term debt limit hike ahead of Biden-McCarthy meeting 2023-05-04T04:00:00Z Section Four of 14th Amendment, adopted after the 1861-1865 Civil War, states that the "validity of the public debt of the United States ... shall not be questioned." Explainer: Could Biden avert a debt default by using the 14th Amendment? 2023-05-02T04:00:00Z This could pose difficulties for a government that heavily relies on revenue growth to avoid an increase in the public debt. Brazil's Lula pledges new minimum wage policy, expanded tax exemption 2023-04-30T04:00:00Z Countries must aim to keep their government deficit near to or below 3% of gross domestic product, and their public debt below 60% of GDP. EU launches overhaul of euro rules as pandemic and war bite 2023-04-26T04:00:00Z The long-awaited framework would allow expenses to grow up to 70% of the increase observed in recurring revenues, aiming to keep public debt sustainable. Brazil woos sceptical foreign investors with new fiscal plan 2023-04-24T04:00:00Z As long as public debts are authorized by law, they may not be questioned and must be paid. Opinion | The Constitution demands the debt be paid. Period. 2023-04-20T04:00:00Z And official estimates say that migrant workers would significantly help economic development and even aid in lowering Italy’s enormous public debt. Italy’s Senate Signs off on Meloni’s Migrant Crackdown 2023-04-20T04:00:00Z Mike Thomas, 64, a Republican and Youngkin supporter from Loudoun County, said he is skeptical of any use of surplus money that doesn’t start with paying down public debt. Poll: Va. voters support using surplus on mental health, schools and tax cuts — but not for corporations 2023-04-08T04:00:00Z She has, however, faced criticism on the economic front, with critics blaming her for a rise in Finland’s public debt and climbing inflation. What to know about Sanna Marin’s reelection loss, Finland’s future with NATO 2023-04-03T04:00:00Z The big issue during the campaign has been Finland's public debt and how the country's prized welfare state can be financed in the future. Finland election: Three-way race as Sanna Marin fights for survival 2023-04-01T04:00:00Z Marin's Social Democrats believe economic growth will help rein in the rise in public debt and that if the coffers need balancing, prefer to contemplate raising taxes over spending cuts. Finland's Marin faces tough re-election bid in national election 2023-04-01T04:00:00Z But with most Finns now focused on other matters, particularly inflation and rising public debt, she is at risk of losing her job in Sunday’s parliamentary elections. Sanna Marin, Finland’s Political Rock Star, Could Be Slipping 2023-03-31T04:00:00Z America’s politicians have gotten used to spending seemingly without any concerns about deficits — public debt has risen almost fivefold from roughly $6.5 trillion 20 years ago to $31.5 trillion today. Opinion | The dollar is our superpower, and Russia and China are threatening it 2023-03-24T04:00:00Z The 14th Amendment says “the validity of the public debt of the United States … shall not be questioned.” Democrats warn of dire consequences if Republicans refuse to raise the debt limit 2023-03-23T04:00:00Z Analysts say the reform will affect government financing because a significant flow of money would migrate from private funds - the second-largest holders of Colombia's internal public debt - to Colpensiones. Colombia's government to send pension reform proposal to Congress 2023-03-22T04:00:00Z It clears the way for Sri Lanka to rework a substantial part of its $84 billion worth of public debt. Sri Lanka receives first tranche of IMF bailout 2023-03-22T04:00:00Z The IMF deal is a key step as the country aims to rework a substantial part of its $84 billion worth of public debt. Sri Lanka ready to engage with all creditors after IMF deal - minister 2023-03-21T04:00:00Z There is never a good time to toy with the full faith and credit of the U.S. government, or otherwise question the validity of U.S. public debt. Opinion | Threatening a U.S. default was bad before. Now, it’s colossally idiotic. 2023-03-16T04:00:00Z Eswar Prasad, a trade policy professor at Cornell University, said rising interest rates put unwelcome financial strains on governments that are already struggling with huge public debt. Eurozone Inflation Edges Lower, but Pressure on Prices Continues 2023-03-02T05:00:00Z Despite the heavy public debt, Prime Minister Fumio Kishida's government has already floated another plan to double childcare outlay to arrest the dwindling birthrate, keeping stretched finances under pressure. Japan's lower house of parliament passes record budget 2023-02-28T05:00:00Z Analysts are getting increasingly concerned about the sustainability of the public debt with the cost of paying the interest on it exceeding government income at times in 2022. Nigeria election 2023: Charts that explain the nation 2023-02-23T05:00:00Z Some countries argue that these rules are not realistic, particularly in the post-pandemic reality of high public debt and moves towards a zero-emissions economy against the backdrop of a cost-of-living crisis. Explainer: Why Germany doesn't like the EU's debt reform proposals 2023-02-21T05:00:00Z But questioning the "validity of the public debt" is exactly what House Republicans seem ready to do, and nothing could be more directly opposed to the plain text of the Constitution. From Bush to Trump to Jan. 6: The rise and fall of "constitutional conservatism" 2023-02-04T05:00:00Z Constitution, adopted after the 1861-1865 Civil War, states that the "validity of the public debt of the United States ... shall not be questioned." Factbox: Possible U.S. debt-ceiling workarounds to avoid default 2023-02-02T05:00:00Z Sri Lanka's public debt stood at 122% of GDP, of which 70% is denominated in foreign currency, according to data in a country presentation to investors in November. Exclusive: Paris Club to give Sri Lanka financing assurances amid IMF debt talks - sources 2023-02-02T05:00:00Z Treasury to prioritize payments for the public debt, Social Security, Medicare, veterans benefits and military pay, if the government were to breach the current $31.4 trillion borrowing limit in coming months. U.S. Senate Republicans put Biden on notice over debt ceiling 2023-01-27T05:00:00Z This would ease the burden of quick adjustment on countries like Italy, which has a public debt of 148% of GDP, or Greece with 186%. Explainer: Why Germany doesn't like the EU's debt reform proposals 2023-02-21T05:00:00Z "We express our concern that several countries emerged from the pandemic with higher levels of public debt," it said. Latin America, Caribbean call for more international funding at CELAC summit 2023-01-25T05:00:00Z Mr. Daines, who chairs the National Republican Senatorial Committee, said the bill was meant to shine a light on the country’s “public debt crisis.” Senator’s new bill would withhold congressional pay until lawmakers pass balanced budget 2023-01-23T05:00:00Z Increasing public debt deserves informed scrutiny, and an honest appraisal of trade-offs. Inslee’s plan to raise WA debt for housing deserves scrutiny 2023-01-23T05:00:00Z Japan's public debt is more than double its annual economic output, by far the heaviest burden in the industrialised world. Japan finmin warns of severe finances as BOJ struggles to contain yields 2023-01-23T05:00:00Z For countries with public debt higher than 60% of GDP, the rules stipulate that debt should be reduced by 1/20th of the excess, as an average over three years. Explainer: Why Germany doesn't like the EU's debt reform proposals 2023-02-21T05:00:00Z The 14th Amendment to the Constitution says that the validity of public debt “shall not be questioned,” which might be construed as a reason to ignore the debt ceiling rather than default on payments. Don’t try to appease economic terrorists 2023-01-22T05:00:00Z It's a clue to how Japan has ended up with the world's largest mountain of public debt. Japan was the future but it's stuck in the past 2023-01-20T05:00:00Z It called the policy a "growth friendly fiscal consolidation plan designed to slow the annual growth in public debt", adding that it will also carry out liability management effectively. Kenya looks to fix finances by nailing tax cheats, cutting borrowing 2023-01-19T05:00:00Z First, refusing to pay off these IOUs would violate the Constitution, which says the “validity of the public debt … shall not be questioned.” Opinion | The GOP is wrongly trying to blame Democrats for a debt ceiling blowup 2023-01-10T05:00:00Z As price pressures and higher borrowing costs bite, Prime Minister Rishi Sunak has pledged to halve inflation, grow the economy, reduce public debt and cut health service waiting lists. Take Five: Welcome to 2023 2023-01-06T05:00:00Z Still, he largely played down the issue, saying that what really mattered to the Portuguese was not the government's line-up but his administration's results, such as solid economic growth, lower unemployment and lower public debt. Portugal's opposition slams government over string of hiring scandals 2023-01-05T05:00:00Z Its main goals include formal apologies from European governments, land returned to descendants of formerly enslaved Africans, mental health and education programs for Indigenous populations, and the cancellation of public debt. Is Benedict Cumberbatch facing slavery reparations in Barbados? Official says no 2023-01-03T05:00:00Z All of this means a longer road to reducing Japan's public debt that tops 2.5 times of the size of its economy. Japan to unveil record $864 bln budget driven by military costs 2022-12-23T05:00:00Z Deep polarization, an aging workforce and a bigger public debt load will make it nearly impossible for him to repeat such sky-high popularity. Latin America's 'pink tide' may have hit its high-water mark 2022-12-22T05:00:00Z But even if it does, it will inherit heavy public debt in addition to the painfully high inflation. Surging prices imperil Polish govt ahead of vote next year 2022-12-20T05:00:00Z Japan is saddled with the industrial world's heaviest public debt at more than twice the size of its $5 trillion economy, the world's third largest. Japan budget proposal for FY2023/24 could be as high as $831 bln -Nikkei 2022-12-20T05:00:00Z Research by analysts at UBS shows that private credit returns outstripped public debt returns in every one of the last eight periods where the 10-year U.S. Column: Liquidity risks flash private debt warning 2022-12-15T05:00:00Z Markets are awaiting the incoming government's presentation of a new fiscal framework that contains an expected dizzying rise in public debt. Brazil's incoming FinMin Haddad says fiscal expansion won't help at the moment 2022-12-14T05:00:00Z Ghana has been struggling with high public debt, rising inflation and a weakening currency. IMF agrees to give Ghana $3 billion debt bailout 2022-12-13T05:00:00Z Biden should invoke Section Four of the 14th Amendment, which states that "the public debt of the United States, authorized by law" shall "not be questioned." Republicans have a plan — to hold America hostage over the debt ceiling yet again 2022-12-13T05:00:00Z Japan is saddled with public debt that is more than twice the size of its economy. Japan eyes $11.6 billion in construction bonds for military facilities -Kyodo 2022-12-13T05:00:00Z The drop of 4 percentage points for public debt, to 96 percent of GDP, was the largest such drop in decades, it said. IMF says global debt well above pre-pandemic levels despite steep 2021 drop 2022-12-12T05:00:00Z Former Bank of England official Charles Goodhart believes that record public debt levels could at some point pose such a risk to financial stability that central banks may have to abandon policy-tightening efforts mid-way. Inflation miss puts central bankers on back foot 2022-12-07T05:00:00Z Along with Lula's latest remarks downplaying fiscal responsibility over social needs, the proposal had triggered negative market reactions, with economists warning it could push public debt to record levels and force a monetary policy shift. Brazilian senator files Lula's welfare waiver from spending cap for 4 years 2022-11-28T05:00:00Z Brazil's federal public debt increased in October after three consecutive months of decline, official data showed on Friday, driven by debt interest payments. Ahead of November FOMC, big banks saw 4.875% peak Fed rate target 2022-11-25T05:00:00Z That sparked widespread criticism that it could push public debt to record levels and force a shift in monetary policy. Brazil's central bank chief criticizes spending plan uncertainties 2022-11-23T05:00:00Z “In 2023–2025, the public debt will grow faster than the country’s economy, indicating a low efficiency of the borrowed funds usage” and hitting economic development, the Financial University said. Analysis-Surge in Russia's defence and security spending means cuts for schools and hospitals in 2023 2022-11-22T05:00:00Z Brazil's incoming government will be fiscally responsible, Vice President-elect Geraldo Alckmin said Thursday, promising a budget surplus and reduction in public debt in effort to quell market unrest over a proposed welfare plan. Fed to lift rates by 50 basis points, but peak policy rate may be higher 2022-11-18T05:00:00Z That leaves Mr. Lula with little financial flexibility to stimulate the economy without causing a new public debt crisis. In Brazil, Lula Beat Bolsonaro. Now Comes the Hard Part. 2022-11-15T05:00:00Z That raised fears of runaway public debt, sparking turmoil on financial markets, sinking the pound to a record low against the U.S. dollar and forcing Truss to resign after just six weeks in office. Britain’s vulnerable await PM’s spending plans with anxiety 2022-11-15T05:00:00Z U.S. public debt stood at $31.2 trillion on Wednesday and without an increase, analysts anticipate a potential default crisis by the third quarter of 2023. EXCLUSIVE As split Congress odds increase, Yellen warns of need to lift debt ceiling 2022-11-12T05:00:00Z Markets have since stabilised with focus turning to new finance minister Jeremy Hunt's Nov. 17 plan aimed at bringing down public debt. UK external deficit a worry, Italy fiscal plan 'realistic' - S&P 2022-11-11T05:00:00Z Kenya also faces rising inflation and a high public debt. Kenya to spend $37 million on sending forces to Congo 2022-11-10T05:00:00Z But it also may have helped trigger the current round of inflation, and has pushed U.S. public debt to record levels. Potentially divided U.S. government tees up tough economic debates for 2023 2022-11-09T05:00:00Z Changes to the rules are necessary because, after the surge in public debt in European Union countries caused by the COVID-19 pandemic, existing debt reduction requirements have become unrealistically ambitious. EU eyes longer, negotiated debt reduction paths in rules review 2022-11-08T05:00:00Z Costs of the cleanup are funded by government bonds, so increases or delays add to the public debt. Japan says repayment of TEPCO Fukushima cleanup delayed 2022-11-08T05:00:00Z In a further nod to business leaders, who provided him vital support during his first run for president, Mr. Bolsonaro said he would maintain a free market approach and keep public debt in check. Here’s What to Know About Brazil’s Runoff Election 2022-10-29T04:00:00Z He singled out high mortgage debt in Canada and public debt in southern Europe, which can’t count on a bailout from across the Alps due to the euro zone’s lack of a common backstop. Analysis-Top central bankers fear breaking economy if they raise rates too fast 2022-10-28T04:00:00Z Japan's public debt is already the biggest among major economies at twice the size of its economy. Japan's extra budget for stimulus package to exceed $198 bln -NHK 2022-10-26T04:00:00Z He contrasted his pragmatic approach to public finances with Ms. Truss’s more carefree policy of not offsetting tax cuts with spending cuts or other plans to avoid increasing public debt. Rishi Sunak, Now the Front-Runner for U.K. Prime Minister, Could Say, ‘I Told You So’ 2022-10-23T04:00:00Z Interest on the public debt increased 28 percent from last year to $718 billion. Federal Budget Deficit Fell to $1.4 Trillion as Pandemic Spending Eased 2022-10-21T04:00:00Z And interest payments on the public debt rose by $121 billion or 29% as higher inflation forced Uncle Sam to pony up more. Federal deficit cut in half, ends the year at $1.4 trillion in the red 2022-10-21T04:00:00Z The bust, which reverberated across the financial sector, thrust Sweden into a crisis that would see public debt and unemployment soar, and force the government to take control of distressed private banks. Global housing market pain has echoes of a crash 30 years ago 2022-10-20T04:00:00Z Among them are restructuring Lebanon’s ailing financial sector, implementing fiscal reforms, restructuring external public debt and putting in place strong anti-corruption and anti-money laundering measures. Lebanon approves some banking law changes demanded by IMF 2022-10-18T04:00:00Z Italy has long been a worry because of its enormous public debt of around 150% of GDP and slow economic growth. Analysis: Bond vigilantes mean business, governments better beware 2022-10-17T04:00:00Z If he does get the job he will have a daunting task to keep the coalition's tax-cutting promises without pushing up Italy's huge public debt worth around 150% of national output. Italy's Giorgetti gets Meloni's backing to be economy minister 2022-10-13T04:00:00Z That triggered speculation that the government would have to finance the package with borrowing, pushing public debt to unsustainable levels. EXPLAINER: What caused UK’s economic crisis and what’s next? 2022-10-12T04:00:00Z The independent Institute for Fiscal Studies says the government may have to reduce spending by as much as 62 billion pounds a year to achieve its targets for controlling public debt. Pound falls after UK bank chief rules out extending help 2022-10-12T04:00:00Z The city’s landfill is a major environmental hazard, and the municipal budget is wheezing under about $107 million in public debt. Coal jobs are almost gone. Could a casino help rescue southwest Virginia? 2022-10-03T04:00:00Z Under a proposal developed by Treasury staff, public spending could grow a set amount above inflation as long as gross public debt remains below a certain share of GDP. Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy? 2022-10-10T04:00:00Z In Pakistan, overall public debt has more than doubled over the past decade, with loans from China growing fastest; in Kenya, public debt is up ninefold. Twitter Wants Assurances from Musk 2022-10-06T04:00:00Z In Pakistan, overall public debt has more than doubled over the past decade, with loans from China growing fastest; in Kenya, public debt is up ninefold and in Suriname tenfold. In Global Slowdown, China Holds Sway Over Countries’ Fates 2022-10-06T04:00:00Z Ghana’s public debt grew to nearly $60 billion from roughly $40 billion at the end of 2019, or to nearly 80 percent of its gross domestic product from around 63 percent, according to Moody’s. A Strong Dollar Is Wreaking Havoc on Emerging Markets. A Debt Crisis Could Be Next. 2022-10-05T04:00:00Z Federal Reserve, would have a more severe impact on emerging economies, which already have high levels of private and public debt. UN agency warns of recession linked to 'imprudent' policy decisions -report 2022-10-03T04:00:00Z The rule would also open room for more spending in the event of a recession, regardless of public debt levels. Explainer-What do Lula and Bolsonaro propose for Brazil fiscal policy? 2022-10-10T04:00:00Z The country's public debt, the highest in the euro zone, is seen dropping to 161.6% of GDP from 169.1% of GDP this year, according to the draft budget submitted to parliament. Greek economy seen growing by 2.1% next year, rebound curbed by energy crisis - draft budget 2022-10-03T04:00:00Z In a bid to reassure markets, the government has said it will set out how it plans to lower public debt in the medium term on 23 November. Ground should have been laid for tax cuts, admits Liz Truss 2022-10-02T04:00:00Z In a further nod to investors, who backed him en masse in 2018, Mr. Bolsonaro vows to maintain a free market approach, keeping public debt in check. As Brazil Goes to the Polls, It’s a Far-Right Leader Vs. a Former Leftist President 2022-09-30T04:00:00Z While the government says it will not reverse its tax cuts, it has promised to release further plans to boost growth and reduce public debt on 23 November. Bank emergency move driven by pension fund fears 2022-09-28T04:00:00Z The government of Ghana, a major gold and cocoa producer, has been struggling to tame galloping inflation, reduce public debt and shore up the local currency. Ghana, IMF in talks over rescue package 2022-09-26T04:00:00Z In office, Meloni would face daunting challenges including the threat of recession, inflation and spiking energy costs, on top of Italy's historically high public debt. Meloni and Berlusconi take the stage as Italy's right eyes victory 2022-09-22T04:00:00Z These include restructuring Lebanon’s ailing financial sector, implementing fiscal reforms, the proposed restructuring of external public debt, and putting in place strong anti-corruption and anti-money laundering measures. Lebanon aims to adopt long-delayed IMF reforms in October 2022-09-20T04:00:00Z She mentioned the rising cost of energy and raw materials, uncertainty about whether the pandemic might come roaring back, and Italy’s towering public debt — which perpetually leaves the country several missteps away from crisis. A far-right politician is poised to become Italy’s first female leader 2022-09-13T04:00:00Z The borrowing pushed the country's public debt to record levels, which the country will have to pay back for years to come. Uhuru Kenyatta: How will Kenya's outgoing president be remembered? 2022-09-11T04:00:00Z "Those three elements should all be combined so as to achieve a realistic, gradual and sustained reduction in public debt ratios," he said. EU eyes individual debt reduction paths for EU countries 2022-09-10T04:00:00Z Italy must quickly cut energy bills for firms and households even if it means hiking the country's towering public debt, the leader of a new centrist group competing at this month's elections told Reuters. Trump legal team wants special master to review all documents seized in Florida search 2022-09-10T04:00:00Z Increasing public debt would "add fuel to inflation and further raise interest rates and could also threaten public finances, threaten welfare and pensions," Finance Minister Mikael Damberg warned last month. Analysis: Sweden's cost of living crisis spooks voters ahead of election 2022-09-02T04:00:00Z The discussions focused on reducing Sri Lanka’s fiscal deficits and “designing a comprehensive economic program to correct the macroeconomic imbalances, restore public debt sustainability,” the I.M.F. said. Debt-Stricken Sri Lanka Reaches Initial Deal for I.M.F. Bailout 2022-09-01T04:00:00Z But it still voiced alarm over “high public debt, a record of unorthodox fiscal-and-monetary policy moves and a worsening of governance indicators.” Hungary’s Orban, a Scourge of Liberals, Faces a New Foe: Economics 2022-08-20T04:00:00Z Wickremesinghe’s government is preparing a national policy roadmap for the next 25 years that aims to cut public debt and turn the country into a competitive export economy. Sri Lanka hopes to reach initial agreement with IMF for help 2022-08-18T04:00:00Z Sri Lanka's external public debt freeze prevents payment of interest and principal obligations due on the government's international sovereign bonds. S&P pushes Sri Lankan bonds deeper into junk territory with 'default' rating 2022-08-15T04:00:00Z "Even so, Japan's huge public debt leaves BOJ policy under fiscal dominance. Any exit will be an extremely narrow path." Analysis: With reshuffled cabinet, PM Kishida gets to work in choosing next BOJ head 2022-08-10T04:00:00Z In the past nine years, Kenya’s public debt has surged almost fivefold. ‘Jewel in the Crown of Corruption’: The Troubles of Kenya’s China-Funded Train 2022-08-07T04:00:00Z “Because public debt is assessed as unsustainable,” the IMF’s approval would “require adequate financing assurances from Sri Lanka’s creditors that debt sustainability will be restored,” the lending agency said in a statement. Sri Lankans bide time as leaders seek fix for economic woes 2022-08-01T04:00:00Z In the past, the government set strict ceilings for each spending item in state budgets to rein in huge public debt. Japan to avoid capping defence spending next year - draft document 2022-07-28T04:00:00Z “It’s not just public debt, but also corporate debt and household debt - and that has implications for policymaking,” he said. IMF says Sri Lanka needs to talk with China about debt restructuring 2022-07-27T04:00:00Z The Central American country's total public debt was about $24 billion in March, according to central bank data. El Salvador to buy back some debt in surprise move 2022-07-27T04:00:00Z Between the beginning of the pandemic and now, the average ratio of public debt to gross domestic product in the developing world went from 52 percent to a record 67 percent, Weisbrot said. Poorer nations could suffer from U.S. efforts to slow inflation 2022-07-25T04:00:00Z The IMF said last year that Tunisia's public debt would become unsustainable unless reforms were enacted with broad support. Factbox: Signs of a Tunisian economy in trouble 2022-07-24T04:00:00Z It will buy public debt that matures between 1 and 10 years. The E.C.B. has a new tool to keep bond markets in check. It doesn’t want to use it. 2022-07-21T04:00:00Z He also accused Prayuth of ignoring corruption in government agencies and increasing unnecessary public debts to support his populist policies. Thai lawmakers begin no-confidence debate against PM 2022-07-19T04:00:00Z Countries that depend so much on tourism tend to have higher public debt ratios, but the World Bank says the island nation is particularly vulnerable to higher fuel costs because its economy is not diversified. Sri Lanka crisis is a warning to other Asian nations 2022-07-17T04:00:00Z "The pressures of an ageing population on spending and the loss of existing motoring taxes in a decarbonising economy leaves public debt on an unsustainable path in the long term," the OBR said. UK government debt on unsustainable path unless taxes hiked, says OBR 2022-07-07T04:00:00Z So far, Kishida has pledged to use fiscal spending to cushion the inflation blow, such as gasoline subsidies, which analysts say are unsustainable for a country saddled with a huge public debt. Analysis: Inflation, not deflation, is now Japan's political hot potato as election looms 2022-07-05T04:00:00Z With $6.93 trillion of public debt needing to be refinanced, that works out to about $121 billion a year of added interest. Perspective | Fed interest rate hikes just made national debt a lot more expensive 2022-06-27T04:00:00Z Recipients include a handful of countries perceived by investors as riskier due to their high public debt or meagre growth, such as Italy, Greece, Spain and Portugal, the sources said. EXCLUSIVE ECB to channel cash from north to south in bid to cap spreads - sources 2022-06-30T04:00:00Z The Maldives has seen its public debt swell in recent years and it's now well above 100% of its GDP. Sri Lanka crisis is a warning to other Asian nations 2022-07-17T04:00:00Z While the low-inflation, low-interest-rate environment of the last quarter century or so triggered a broad rethinking about public debt, some of the dynamics that argued for aggressive spending are now moving the other way. The pandemic broke the Fed's model; this week may show how much 2022-06-14T04:00:00Z "Neither Hernandez nor Petro are likely to tighten fiscal policy to reduce public debt risks, while both advocate higher trade barriers which bodes poorly for Colombia's growth prospects," the note said. Colombia peso, market rally on candidate Hernandez's advance to second round 2022-05-31T04:00:00Z The Times shared our findings and analysis with 15 leading economists and financial historians who study developing economies and how public debt affects their growth. The Root of Haiti’s Misery: Reparations to Enslavers 2022-05-22T04:00:00Z We shared our findings and analysis with 15 leading economists and financial historians who study developing economies and how public debt affects their growth. The Root of Haiti’s Misery: Reparations to Enslavers 2022-05-20T04:00:00Z The pandemic, unemployment, public debt and other factors add to public uneasiness, and could leave the world “less sustainable, less equal, and more fragile,” the statement advised. Voters reject suggested ‘Great Reset’ of capitalism 2022-05-16T04:00:00Z Boosting tax revenue is crucial as Marcos must tackle the problem of heavy public debt bloated by heavy borrowings to finance the government’s pandemic measures. Philippine economy in solid shape as Marcos set to take the helm 2022-05-12T04:00:00Z “The transactions took place at market prices and contribute to an improvement in the profile of Colombia’s internal public debt,” the ministry said in a statement. Colombia swapped $641 million in local public debt last month 2022-05-05T04:00:00Z That could further strain Japan’s borrowings, the industrial world’s heaviest public debt, at more than twice the size of its $5 trillion economy. Japan unveils $103 billion relief package to combat rising prices 2022-04-26T04:00:00Z Covering the extra stimulus might involve additional bond issues, which would further enlarge the industrial world’s heaviest public debt burden, which stands at more than twice annual economic output. Japan agrees $21 billion extra budget to tackle rising living costs 2022-04-21T04:00:00Z Such restoration of debt sustainability typically requires a restructuring or reprofiling of public debts, which in Sri Lanka’s case would require cooperation from China, one of its largest bilateral creditors. IMF says any loan to Sri Lanka requires debt sustainability 2022-04-20T04:00:00Z Economists estimate that Russia’s total foreign public debt amounts to about $75 billion, while Russia’s annual energy sales are worth about $200 billion. A Russian Default Is Looming. A Bitter Fight Is Likely to Follow. 2022-04-16T04:00:00Z The government swapped 2.3 trillion pesos worth of paper in March and estimates its net public debt will close the year at 62.7% of gross domestic product. Colombia swapped $641 million in local public debt last month 2022-05-05T04:00:00Z The war’s disruption of global agricultural trade collided with long-standing Tunisian financial ailments, widening a hole in the government budget, risking a public debt default and threatening the political stability of a rare Arab democracy. Tunisia among countries seeing major economic consequences from war in Ukraine 2022-04-14T04:00:00Z The outage comes as Puerto Rico’s electric power company tries to emerge from bankruptcy and restructure some $9 billion in public debt. Puerto Rico struggles to emerge from outage as anger builds 2022-04-08T04:00:00Z The Electric Power Authority also is trying to restructure $9 billion worth of public debt to emerge from a lengthy bankruptcy. Major outage forces Puerto Rico to shutter schools, offices 2022-04-07T04:00:00Z In addition, Puerto Rico’s Electric Power Authority is trying to emerge from bankruptcy and holds some $9 billion in public debt that it is trying to restructure. Puerto Rico plunged into darkness after power station fire 2022-04-06T04:00:00Z In a review of the country's economy released last month, the IMF said that public debt had risen to "unsustainable levels" and foreign exchange reserves were insufficient for near-term debt payments. Explainer: How Sri Lanka's economy spiralled into crisis 2022-04-01T04:00:00Z But Ghana's $50.8 billion public debt is unlikely to drop significantly. Silver bullet or fool's gold? Ghana's e-tax marred by scepticism 2022-03-29T04:00:00Z Treasury Secretary Alexander Hamilton was responsible for the public debt. Building the American Republic, Volume 2 2018-01-18T00:00:00Z Respondents want the rules to be more supportive of economic growth, social issues and fighting climate change, while keeping public debt sustainable, the Commission said. EU should have its own full budget to stabilise economy, survey suggests 2022-03-28T04:00:00Z With Hungary’s public debt ratio having surged to the highest in Central Europe, based on Eurostat data, during the pandemic, any further rise would be negative for its ratings. Analysis-Pre-election spending could haunt Hungary's Orban - or his successor 2022-03-25T04:00:00Z Additional spending will boost Japan’s already huge public debt and keep the country reliant on huge government support, even as many advanced nations wean their economies off stimulus measures deployed during the COVID-19 crisis. Japan eyes fresh spending package to cushion blow from fuel spike 2022-03-23T04:00:00Z The cedi depreciated some 20% against the dollar this year, second only to the Russian rouble, and public debt hovers around 80% of gross domestic product. Silver bullet or fool's gold? Ghana's e-tax marred by scepticism 2022-03-29T04:00:00Z In January 1790, his “Report on the Public Credit” revived Robert Morris’s earlier call for a funded public debt, guaranteed by the impost and new taxes on coffee, tea, and imported alcohol. Building the American Republic, Volume 2 2018-01-18T00:00:00Z Japan's huge public debt - twice the size of its $5 trillion economy - constrains its ability to boost fiscal spending to support the economy. Japan eyes more stimulus as record budget clears parliament 2022-03-22T04:00:00Z Members of Congress, opinion leaders, and ultimately voters decided that the ‘crisis’ of rising public debt represented a more pressing challenge to the nation than soaring long-term unemployment. Column: How a smart approach to stimulus saved the U.S. economy from the pandemic 2022-03-16T04:00:00Z Puerto Rico accumulated more than $70 billion in public debt and more than $50 billion in public pension liabilities through decades of corruption, mismanagement and excessive borrowing. Puerto Rico exits bankruptcy after grueling debt negotiation 2022-03-14T04:00:00Z “The country faces mounting challenges, including public debt that has risen to unsustainable levels, low international reserves, and persistently large financing needs in the coming years,” the IMF said. Exclusive-Sri Lanka to start talks with IMF on debt restructuring - sources 2022-03-11T05:00:00Z When properly managed, he declared, “A public debt is a public blessing.” Building the American Republic, Volume 2 2018-01-18T00:00:00Z Congress has put a statutory ceiling on the public debt, however. Magruder's American Government 2016-01-01T00:00:00Z "Private debt could suddenly become public debt, as in many past crises," he wrote in the forward to the report. Private debts pose hidden risk to developing countries, World Bank warns 2022-02-15T05:00:00Z The U.S. territory declared in 2015 that it was unable to pay its more than $70 billion public debt load that it had accumulated through decades of mismanagement, corruption and excessive borrowing. Head of board overseeing Puerto Rico finances to step down 2022-02-03T05:00:00Z But public debt interest payments are linked to the Retail Prices Index of inflation, which hit 7.5% last month, the highest rate since March 1991. Inflation surge sends UK interest payments higher 2022-01-25T05:00:00Z Chase next proposed a national banking system to establish a uniform currency, market government bonds, and secure public debt. Building the American Republic, Volume 2 2018-01-18T00:00:00Z The public debt is all of the money borrowed by the Federal Government over the years and not yet repaid, plus the accumulated interest on that money. Magruder's American Government 2016-01-01T00:00:00Z Puerto Rico’s government declared in 2015 that it could not afford to pay its more than $70 billion public debt load. Judge signs plan in Puerto Rico debt restructuring 2022-01-18T05:00:00Z "But negotiating with the government won't be easy and will take time, given Japan's huge public debt." EXCLUSIVE BOJ debates messaging on eventual rate hike as inflation perks up 2022-01-13T05:00:00Z About a quarter of public debt is linked to inflation as measured by the Retail Prices Index. Inflation surge sends UK interest payments higher 2022-01-25T05:00:00Z The larger states not only protected their own speculators against others, but they also wished to use their western lands to compensate their veterans and pay their public debts. Building the American Republic, Volume 2 2018-01-18T00:00:00Z Japan's public debt is twice the size of its $5 trillion economy, the heaviest among industrialised countries. Japan's record $940 bln budget may help COVID-hit economy, fiscal discipline in doubt 2021-12-24T05:00:00Z Analysts have warned that if the lira's rally fizzles and reverses, the scheme could further stoke inflation, add to public debt, and eat into foreign reserves. Turkey's state banks boosted lira rally after Erdogan rescue plan 2021-12-23T05:00:00Z From Europe to America, policymakers globally are unwinding crisis-mode stimulus but Japan's fragile economic recovery has kept it from following suit, straining public debt that tops twice the size of its economy. Japan to unveil record $943 bln budget draft to ensure post-COVID recovery 2021-12-23T05:00:00Z Moreover, interest rates themselves are likely to rise in a bid to curb price rises - and every 1% on rates adds £20bn to the cost of public debt repayments. Inflation surge sends UK interest payments higher 2022-01-25T05:00:00Z Heavily influenced by Boston creditors, the legislature decided to pay the public debt by raising taxes instead of printing money. Building the American Republic, Volume 2 2018-01-18T00:00:00Z The parliament, meanwhile, refuses to let the government raise the public debt ceiling and drum up badly needed billions of dollars. Kuwait’s exiled opposition returns home after royal pardon 2021-11-30T05:00:00Z The EU launched a review of its fiscal rule book last month to better reflect the new reality of higher public debt and the huge costs of transitioning to a zero-emissions economy. France sees chance of compromise with Germany on EU fiscal rules 2021-11-29T05:00:00Z The rules require annual public debt reduction rates that are too ambitious for most EU countries. EU ministers to discuss inflation surge, EU budget rule reform 2021-11-08T05:00:00Z It also will not increase the structural deficit that “was high even before the crisis”, potentially leading to a decline in the public debt burden, it said. Israel's central bank urges government to meet looming budget deadline 2021-11-03T04:00:00Z The share of public debt held by banks amounted to more than 40 percent. How Corruption Ruined Lebanon 2021-10-28T04:00:00Z Over the last dozen years, there has been a sea change in how economists view many crucial questions related to deficits, public debt and the long-term payoffs of social spending. Democrats’ Divide: Should Obama-Era Economic Ideas Prevail in 2021? 2021-10-19T04:00:00Z Even before the pandemic Tunisia was struggling to bring its public debt and fiscal deficits onto a sustainable trajectory, and has since been hit hard by a lockdown and the collapse in tourism. Tunisia's new government faces hard road to rescue package 2021-10-13T04:00:00Z He cited such troubling trends as ongoing supply-chain woes, skyrocketing gas and grocery prices, a foundering economic recovery and a U.S. public debt of $28.4 trillion. Worldwide survey has politicians as least-trusted profession 2021-10-12T04:00:00Z These countries also saw a bigger increase in public debt and were expected to face more inflationary pressures, but had a hard time raising revenues. Coordinated action needed to halt spread of fragile states -IMF chief 2021-10-12T04:00:00Z High pension costs are making it hard for Italy to finance investments in other areas or cut its public debt, which is the second highest in the European Union. Italy prepares plan to help soften early pension scheme ending, sources say 2021-10-11T04:00:00Z That implies the United States can maintain higher public debt than once seemed possible without excessively constraining private investment or facing excessive interest costs. Democrats’ Divide: Should Obama-Era Economic Ideas Prevail in 2021? 2021-10-19T04:00:00Z Opponents however have attacked his policies for raising the public debt, and have long criticised what they see as conflicts of interest related to the prime minister's business empire. Czech elections: PM Andrej Babis looks set to lose power 2021-10-09T04:00:00Z How is this possible when the treasury secretary can’t simply print money to pay public debts? Brother, can you spare a coin — a $1 trillion one? 2021-10-05T04:00:00Z Section 4 of the amendment states: “The validity of the public debt of the United States … shall not be questioned.” The trillion-dollar coin: Is it a solution to the debt ceiling drama — or a gimmick? 2021-10-05T04:00:00Z Gentiloni said one of the issues the review would have to address is how to deal with the huge public debts that governments have accumulated during the pandemic. EU Commission to launch EU budget rules review on Oct 19 2021-10-05T04:00:00Z As evidence: The federal government, with extensive help from the Federal Reserve, launched a multitrillion dollar response to the pandemic despite coming into the crisis with an elevated public debt. Democrats’ Divide: Should Obama-Era Economic Ideas Prevail in 2021? 2021-10-19T04:00:00Z Biden’s criticism on Monday came with Congress facing an Oct 18 deadline to allow for more borrowing to keep the government operating after having accrued a total public debt of $28.4 trillion. Biden tells GOP to ‘get out of the way’ on debt limit 2021-10-04T04:00:00Z That is, those obligations are “public debt . . . authorized by law.” Opinion | The debt-ceiling onus should be on the Republicans 2021-10-03T04:00:00Z Some legal scholars have pointed to the Constitution’s 14th Amendment, which states that the “validity of the public debt of the United States … shall not be questioned.” Senior Biden aides privately explored whether payments could continue even if U.S. breached debt ceiling 2021-10-01T04:00:00Z The economy shrank 8.2 percent last year, while public debt grew to 87 percent of gross domestic product, according to the IMF. Tunisia's political crisis threatens to deepen economic troubles 2021-09-30T04:00:00Z In Poland, public debt cannot exceed 60 percent of gross domestic product. Explaining the U.S. Debt Limit and Why It Became a Bargaining Tool 2021-09-27T04:00:00Z The Free Democrats and Union oppose raising taxes and loosening Germany’s tight rules on running up public debt. EXPLAINER: How and when Germany will form a new government 2021-09-27T04:00:00Z The first sentence of Section 4 of the 14th Amendment says in relevant part, “The validity of the public debt of the United States, authorized by law . . . shall not be questioned.” Opinion | The debt-ceiling onus should be on the Republicans 2021-10-03T04:00:00Z All of the candidates are expected to put efforts to redress Japan’s huge public debt on the backburner while focusing on fiscal stimulus to revive the economy. Outcome uncertain as Japan's ruling party heads to vote on next PM 2021-09-27T04:00:00Z Its next major test in public debt markets will come on Sept. 29, when it is due to make a $47.5 million bond interest payment on its 9.5% March 2024 dollar bond. China Evergrande's electric car unit's shares tumble 26% after warning 2021-09-27T04:00:00Z With public debt expected to peak at 116% of GDP this year, the body said any extra income should be devoted to cutting debt to keep the public finances on a sustainable path. French fiscal watchdog sees smaller deficit than expected by government 2021-09-22T04:00:00Z A default would also violate the Constitution, which says “the validity of the public debt of the United States ... shall not be questioned.” Opinion | Once again, Democrats must be the grown-ups and keep Republicans from causing a global catastrophe 2021-09-20T04:00:00Z Because the debt ceiling, if it isn’t raised, would cause a default on that public debt, would not the debt ceiling itself be unconstitutional? Opinion | The debt-ceiling onus should be on the Republicans 2021-10-03T04:00:00Z “What we are seeing across Western Europe...shows there is not a willingness to keep public debt levels rising forever,” he recently told a conference. Analysis: Higher taxes are coming and for markets, that could be a good thing 2021-09-20T04:00:00Z Ms. Merkel’s failure to invest more in infrastructure, research and education, despite her background as a doctor of physics, also reflects the German aversion to public debt. Merkel Leaves the German Economy With Trouble Under the Hood 2021-09-17T04:00:00Z When it was suspended for two years in July 2019, the public debt subject to the limit stood at $22 trillion. McConnell warns Yellen that GOP won’t help raise debt limit 2021-09-16T04:00:00Z IMF recommendations here include bringing public finances into order, rehabilitating the banks and restructuring public debt. Explainer-Lebanon's Mikati faces tricky path to safe economic ground 2021-09-13T04:00:00Z That is, wouldn’t it cause the public debt to “be questioned” contrary to the prohibition of such in the 14th Amendment? Opinion | The debt-ceiling onus should be on the Republicans 2021-10-03T04:00:00Z However this will come at a massive financial cost, at a time when the global pandemic has left the UK with high levels of public debt. TUC: Jobs at risk if UK fails to hit carbon emissions target 2021-09-11T04:00:00Z The paper also suggested the EU's requirement for governments to cut public debt every year by one-twentieth of the excess over 60% of GDP was too ambitious in a post-pandemic economy. Green investments to be part of EU budget rules review -Dombrovskis 2021-09-11T04:00:00Z Early in the crisis, Lebanon defaulted on its massive pile of public debt, including $31 billion of Eurobonds that remain outstanding to creditors. Explainer: How bad is the crisis in Lebanon? 2021-09-10T04:00:00Z However, he challenged figures Kabir had given for public debt levels and accused him of using political arguments to sidestep the reunification process. In risk to peace plan, rivalries hobble Libya's economy 2021-09-09T04:00:00Z When the debt limit was suspended for two years in July 2019, the public debt subject to the limit stood at $22 trillion. Yellen warns US may hit debt limit in October 2021-09-08T04:00:00Z "We will pay special attention to lowering the fiscal deficit, reducing public debt and restoring market confidence in our country." Zambia's new president vows to cut 'unsustainable' public debt 2021-08-24T04:00:00Z If a government is agreed, Mikati plans to resume talks with the International Monetary Fund, which wants to see reforms including bringing public finances into order, rehabilitating the banking system and restructuring public debt. Analysis-Leaderless Lebanon on slippery slope to mayhem 2021-08-23T04:00:00Z Pakistan's IMF programme is its thirteenth in 30 years and is needed to help the government tackle a public debt of about 90% of GDP. Analysis: Taliban gains give investors cause for concern beyond Afghanistan 2021-08-14T04:00:00Z Standard and Poor’s and Fitch cut their investment ratings for Colombia to junk in May and July respectively, citing the country’s fiscal deficit, large public debt and mid-term uncertainty. Analysis-Colombia's Duque likely to get tax reform, but little else, in final year 2021-08-06T04:00:00Z There’s also the pesky matter of whether failing to raise the debt ceiling would violate the Constitution, which states that the “validity of the public debt of the United States … shall not be questioned.” Opinion | A Democrat is president. Which means Republicans are trying to take the economy hostage. 2021-07-26T04:00:00Z Treasury data shows the public also contributed $33.6 million over the past 10 years to reduce the public debt. Perspective | A governor can send the National Guard out of state. Can a wealthy donor? 2021-07-12T04:00:00Z Ministers say the cut is needed to keep public debt down during the pandemic. MPs fail in bid to reverse overseas aid cut 2021-07-13T04:00:00Z Salvador’s president, Nayib Bukele, announced on Twitter that one of the seized buildings would be converted into a gym for athletes while public debt would be used to remodel 15 schools. El Salvador attorney general seizes opposition party assets in corruption case 2021-07-03T04:00:00Z "Despite higher public debt levels following the pandemic, the structure of debt remains very favourable, which mitigates the risks." Israel's political deal may unlock two-year wait for new budget 2021-06-03T04:00:00Z All those bills for health care and economic support drove the average country’s public debt to 99 percent of gross domestic product this year, up from 83.7 percent in 2019. Biden set for G-7 boost in bid for all nations to impose minimum global corporate tax 2021-05-31T04:00:00Z With ballooning public debt, the government first suspended the programme and then reintroduced it but at a far lower level of 250 reais and for fewer people. Covid in Brazil: Pandemic meets poverty in growing crisis 2021-04-17T04:00:00Z Hence public debt now amounts to around 65% of the country's annual income - small by richer country's standards, but Kenya struggles to afford it. Letter from Africa: Kenyans protest over growing debt 2021-04-07T04:00:00Z During his three previous mandates, Borissov managed to keep public debt low while boosting incomes and overseeing massive infrastructure spending, and he secured Bulgaria’s entry into the euro zone’s “waiting room”. Bulgarian PM woos rural voters with infrastructure in tough re-election bid 2021-04-02T04:00:00Z The bank said the public debt decreased by 1.3 billion euros in December 2020 compared to a month earlier as the economy showed signs of improvement. Spain’s public debt reaches 117% of GDP owing to pandemic 2021-02-17T05:00:00Z Two years later, Argentina defaulted on its $155 billion public debt, the largest such default at the time by any country in history. Carlos Menem, flamboyant Argentine president who tried to tame inflation, dies at 90 2021-02-14T05:00:00Z If only Illinois’ enormous public debt was his too. Editorial Roundup: Illinois 2021-02-02T05:00:00Z The government defaulted on its foreign debt last year amid growing public debt, dwindling revenues and foreign currency. Lebanon raises price of bread amid worsening economic crisis 2021-02-01T05:00:00Z Much of Washington says that only the public debt matters. Perspective | Figuring out the true cost of Biden’s gigantic coronavirus relief packages 2021-01-27T05:00:00Z In 2015, the U.S. territory announced it was unable to pay its public debt. Board: Puerto Rico pays millions in salary to non-workers 2021-01-29T05:00:00Z The size of the public debt issued by the Treasury Department reached $27.5 trillion. War of the (financial) worlds 2021-01-29T05:00:00Z Reggae artist Bobi Wine, 38, is channelling the anger of many young Ugandans who say former guerrilla leader Museveni, now 76, is an out-of-touch dictator failing to tackle unemployment and surging public debt. Ugandans choose between reggae singer and longtime leader in tense election 2021-01-14T05:00:00Z Reggae artist Bobi Wine, 38, is channelling the anger of many young Ugandans who say former guerrilla leader Museveni, now 76, is an out-of-touch dictator failing to tackle rampant unemployment and surging public debt. Ugandan election pits reggae singer against long-serving Museveni 2021-01-13T05:00:00Z So what was “intragovernmental debt” yesterday is indirectly becoming public debt today. Perspective | Figuring out the true cost of Biden’s gigantic coronavirus relief packages 2021-01-27T05:00:00Z Pierluisi, 61, inherits a stagnant economy, a divided legislature, a billion-dollar public debt restructuring and a politically fractured U.S. territory hit hard by the pandemic as it still struggles to recover from hurricanes and earthquakes. New governor sworn in as a wary Puerto Rico demands changes 2021-01-02T05:00:00Z Kenneth Butler, 85, who spent 25 years with the Treasury Department before retiring in 1997 as a savings bond program adviser on the staff of the commissioner of the public debt, died Oct. Community deaths 2020-11-30T05:00:00Z In light of the past 20 years’ experience, the oft-cited metric of total public debt as a share of total output does not truly capture the burden of borrowing. Opinion | Economics is going through an intellectual revolution on public debt 2020-12-07T05:00:00Z The Biden team’s push for government borrowing to fill the pandemic-size hole in the economy also reflects a broader shift in some leading economists’ view of public debt. Biden’s economic team set to prepare ambitious recovery plan, challenging Republicans’ renewed debt worries 2020-12-01T05:00:00Z The IMF added that the rise in public debt vulnerabilities would be mitigated by the EU funds and the government’s sizeable cash buffer, “resulting in an adequate repayment capacity.” IMF: Greek debt sustainable despite pandemic-linked spike 2020-11-30T05:00:00Z Incoming lawmakers after Kuwait’s Dec. 5 election will decide the public debt bill’s fate, and it won’t be an easy sell. Oil-rich Kuwait faces reckoning as debt crisis looms 2020-11-23T05:00:00Z Sagasti said Peru is planning to raise new public debt in the short term in order to finance the Andean country’s sky-high deficit and repay interest on old debt in 2021. Exclusive: Peru's Sagasti says he will not push for referendum on constitution 2020-11-20T05:00:00Z The other board members said they would continue negotiations with creditors as Puerto Rico restructures a portion of its more than $70B public debt load in an ongoing bankruptcy-like proceeding in federal court. Puerto Rico debt restructuring hits snag in public clash 2020-10-30T04:00:00Z France’s public debt is expected to surge from less than 100% of gross domestic product last year to 117.5% this year, according to the government’s forecasts. France to release $49 billion in economic stimulus next year 2020-09-28T04:00:00Z The bond and Islamic securities prospectus put the government’s total public debt at $33.6 billion as of June 30, although the figure does not include the debts of heavily burdened government-linked firms. Dubai, hit hard by virus, returns to global financial market 2020-09-01T04:00:00Z Lebanon’s economic crisis is rooted in decades of state corruption and waste that landed the state with one of the world’s heaviest public debt burdens. Macron to mark Lebanon's centenary as nation teeters on brink 2020-09-01T04:00:00Z Brazil’s Treasury on Friday raised its 2020 ceiling for the federal public debt to 4.9 trillion reais and revised the profile of its debt stock to reflect the economic crisis and market volatility this year. Brazil's fiscal fragility stokes funding fears, despite record low rates 2020-08-31T04:00:00Z Q: How successful was Abe in fixing Japan’s finances and reining in public debt? How does Abenomics stack up? Reuters asked the experts 2020-08-31T04:00:00Z For decades, the country struggled with power cuts and a huge public debt for the national electricity company that racks up a deficit of nearly $2 billion a year. Lebanese try to storm Energy Ministry amid power cuts 2020-08-04T04:00:00Z She said the government’s ratio of foreign currency debt to total public debt is still low. ADB to lend Thailand $1.5 billion to aid virus response 2020-08-04T04:00:00Z She said the government’s ratio of foreign currency debt to total public debt is still low. ADB to lend Thailand $1.5 billion to aid virus response 2020-08-04T04:00:00Z More than 20% of Brazil’s entire public debt is due to be refinanced next year. Brazil's fiscal fragility stokes funding fears, despite record low rates 2020-08-31T04:00:00Z For years, the country drifted along, miraculously avoiding collapse even as it accumulated one of the world’s heaviest public debt burdens. Analysis: Often on brink, Lebanon headed toward collapse 2020-08-03T04:00:00Z Pension funds are the largest holders of public debt and some of the top investors in the stock market and private bonds. Colombian lawmakers propose allowing some pension withdrawals amid coronavirus 2020-07-30T04:00:00Z Lebanon, with one of the highest public debt burdens in the world, defaulted on its foreign currency sovereign debt in March, citing critically low foreign reserves. France's foreign minister visits crisis-hit Lebanon to urge reform 2020-07-23T04:00:00Z He said an economic reform program needs to offer a comprehensive strategy to restructure public debt, recapitalize banks, reform key parts of the economy, particularly state-owned enterprises, and improve governance and transparency. IMF calls on Lebanese to unite behind government reform plan 2020-07-13T04:00:00Z “The UK’s public debt ratio will likely rise by 24 percentage points of GDP or more relative to 2019 levels,” a group of Moody’s top analysts wrote in a note. UK economy to slump over 10%, debts to surge: Moody's 2020-07-10T04:00:00Z The ratings agency has also said that it expects a significant deterioration in theUK’s deficit and public debt ratio this year. England gets ready to reopen gyms, pools and nail bars as Covid-19 lockdown eases - business live 2020-07-10T04:00:00Z Successive governments borrowed from private banks to finance massive public debt and pay for vital imports like fuel - but also luxury goods - eating into depositors’ dollar accounts. Hottest commodity in Lebanon’s economic chaos: The US dollar 2020-07-08T04:00:00Z Tunisia is trying to put state finances on a sounder footing after years of deficit spending and mounting public debt - issues complicated by the COVID-19 pandemic. Tunisia's Ennahdha party to review stance on government 2020-07-05T04:00:00Z It has rolled out measures to support those worst affected, while grappling with a public debt crisis after a ninth sovereign default in May. 'Beyond worst nightmares': Argentina's child poverty rate soars amid pandemic 2020-07-05T04:00:00Z Puerto Rico remains mired in a deep economic crisis as it restructures a portion of its more than $70 billion public debt load created by decades of mismanagement, corruption and excessive borrowing to balance budgets. Puerto Rico board approves $10B budget as resignations loom 2020-07-01T04:00:00Z The public debt ratio will likely rise by 24 percentage points of GDP or more, relative to 2019 levels, Moody’s said. England gets ready to reopen gyms, pools and nail bars as Covid-19 lockdown eases - business live 2020-07-10T04:00:00Z The Italian stock exchange includes MTS, the key trading platform for Italian sovereign bonds which is of crucial importance to Rome as it grapples with a surging public debt. Italy says closely watching LSE/Refinitiv deal due to implications for Milan bourse 2020-06-15T04:00:00Z “Ultra-accommodative monetary policies and higher public debt are necessary and will be accepted as long as economic activity and inflation are depressed, and unemployment is high,” Boone said. OECD sees deepest peace-time slump in a century 2020-06-10T04:00:00Z The plan will serve as a blueprint for a U.S. territory crippled by hurricanes, earthquakes and the coronavirus pandemic as it continues to restructure a portion of its more than $70 billion public debt load. Board: Puerto Rico to see 65% surplus drop amid debt crisis 2020-05-26T04:00:00Z In response to spiralling public debt he said "going for austerity again would be the most terrible mistake". Austerity after virus catastrophic, says Welby 2020-05-17T04:00:00Z That scale of downturn will bloat Italy's public debt this year to the tune of almost 155.7% of GDP, Italy's National Institute of Statistics forecasts. Are Italians losing faith in the EU? 2020-05-16T04:00:00Z The rules of capitalism may have been suspended – all those sacrosanct policies are gone, the neat separation of fiscal and monetary policy is gone, the idea that public debt is a bad thing is gone. 'There is a glimmer of hope': economists on coronavirus and capitalism 2020-05-06T04:00:00Z Together with soaring levels of public debt, this all but ensures a more anaemic recovery than the one that followed the Great Recession a decade ago. Ten reasons why a 'Greater Depression' for the 2020s is inevitable 2020-04-29T04:00:00Z The boom brought in an unprecedented €18.2bn – revenue that played a crucial role in reviving an economy thrown into depression by a near-decade long public debt crisis that cut output by a quarter. Greece preparing new tourism rules in wake of coronavirus 2020-04-26T04:00:00Z Rising public debt is “the most important predictor” of future crises, including defaults, sudden increases in borrowing costs or runaway inflation, according to a January study by four economists at the International Monetary Fund. Record government and corporate debt risks ‘tipping point’ after pandemic passes 2020-04-18T04:00:00Z Italy sits on one of the world’s biggest public debts, with gross refinancing needs of more than 400 billion euros a year. Exclusive: Italy sees 2020 budget deficit near 10% of GDP - source 2020-04-16T04:00:00Z Global public debt is expected to rise 13 percentage points in 2020 to nearly 96 percent of gross domestic product. IMF warns coronavirus could ramp up social unrest in many countries 2020-04-15T04:00:00Z The problem was that spending to meet the coronavirus crisis would raise Italy’s public debts. How coronavirus almost brought down the global financial system 2020-04-14T04:00:00Z It must start doing so as soon as possible with measures to support the public debt that many states, including Spain, are taking on. Europe's future is at stake in this war against coronavirus | Pedro Sánchez 2020-04-05T04:00:00Z “Governments should be wary of high public debt even when borrowing costs seem low,” the study concluded. Record government and corporate debt risks ‘tipping point’ after pandemic passes 2020-04-18T04:00:00Z Or, rather should all the taxpayers in the country pay for it, especially the future generations who will inherit the exploding public debt? How do countries differ in their response to the coronavirus economic crisis? | Ricardo Reis 2020-04-03T04:00:00Z Whenever the pandemic passes, countries will emerge with their economies ravaged, uncertainty scaring off investors, unemployment spiking and public debt skyrocketing. Analysis | Coronavirus reopens Europe’s angry divide 2020-04-01T04:00:00Z The public debt is net private financial wealth – to the dollar – and that is why the stock market went up, not down, when the support package passed. Economic numbers don't matter right now. Government must help Americans get by | James Galbraith 2020-03-28T04:00:00Z “Over the medium term we expect public debt to peak at well above 100% of GDP beyond 2025 assuming a gradual reduction in fiscal deficits and trend GDP growth of 1.6%.” Fitch cuts UK credit rating to AA- 2020-03-28T04:00:00Z But the only thing worse for the public debt outlook would be if it didn’t. The U.S. Is About to Vastly Increase Its Debt. That’s a Good Thing. 2020-03-27T04:00:00Z It would send its huge public debt pile of 132% of GDP even higher. As outbreak blows up finances, EU nations balk at solidarity 2020-03-25T04:00:00Z “But once the dust settles and the coronavirus is resolved, market players will shift their attention to Japan’s huge public debt,” he said. A falling yen may not be the economic cure Japan seeks 2020-03-25T04:00:00Z When investors grow anxious about the public debt burden, they demand higher rates of interest for government bonds. A New Hurt in Italy From the Coronavirus: A Banking Crisis 2020-03-17T04:00:00Z In such exceptional cases, EU budget rules, called the Stability and Growth Pact, allow governments to stop cutting deficits and public debt, and address the challenge at hand. Factbox: The economic remedies for the coronavirus 2020-03-06T05:00:00Z That’s why a broad range of economic analysts — including even many fiscal conservatives who generally view high public debt as a long-term threat — support aggressive action. The U.S. Is About to Vastly Increase Its Debt. That’s a Good Thing. 2020-03-27T04:00:00Z The ceremony at sea contrasted sharply with Lebanon’s crippling financial and economic crisis, including a deepening liquidity crunch and soaring public debt. Lebanon begins ‘historic’ offshore oil drilling amid crisis 2020-02-27T05:00:00Z The inevitability of the coming public debt crisis closely resembles the inevitability of the coming climate crisis. Opinion | Readers critique The Post: A picture of all that’s wrong with our affairs 2020-02-14T05:00:00Z Lebanon is facing a deepening liquidity crunch and a soaring public debt. Lebanon weighs defaulting or paying Eurobond next month 2020-02-13T05:00:00Z The bill declares the sustainability of external public debt a “priority” and authorizes the government to carry out a “restructuring of interest maturity services and capital amortization of public securities issued under foreign law.” Argentina debates debt restructuring, reawakening old fears 2020-01-29T05:00:00Z Although fiscal transfers from Madrid to the rest of Spain are much higher than those from Catalonia, its absolute and per capita public debt are less than half those of Catalonia. Catalexit: funds for science could suffer 2020-01-27T05:00:00Z But whatever damage China confronts this time, its willingness to respond will be limited by the government’s concerns about mounting public debt. China’s Coronavirus Has Revived Global Economic Fears 2020-01-27T05:00:00Z Lebanon has one of the world’s highest public debts in the world, standing at more than 150% of gross domestic product. Heavy security in Beirut as parliament convenes on budget 2020-01-27T05:00:00Z Japan’s public debt is more than double the size of its $5 trillion economy, by far the highest among advanced economies. Japan cabinet approves record $939 billion budget spending plan for FY 2020/21 2019-12-19T05:00:00Z In the US, public debt hit a record $22trn in February following hefty tax cuts brought in by the Trump administration. Can governments ever run out of money? 2019-12-10T05:00:00Z High public debt combined with European rules limiting deficits have prevented the government from spending to promote growth. The Chinese Roots of Italy’s Far-Right Rage 2019-12-05T05:00:00Z Former financial journalist and founder of Triangle Development consultancy, Sami Halabi, says there is a "conflict of interest" as key politicians "own banks which hold a large portion of the public debt". Lebanese business people back call for change 2019-11-25T05:00:00Z Putting the country on the right track would require simultaneously dealing with a large budget deficit and bringing down public debt — a gargantuan task. Economic Crisis Looms as Protests Rage in Lebanon 2019-11-15T05:00:00Z Moody’s recently cut the rating outlook, citing among other things, rising public debt. Take Five: Fighting fires 2019-11-15T05:00:00Z Britain’s public debt currently stands at around 1.8 trillion pounds, more than 80% of economic output - though below equivalent amounts in the United States, Japan and France. UK Conservatives put $1.5 trillion price tag on Labour opposition plans 2019-11-09T05:00:00Z Le Maire’s comments are likely to irk Italy, whose banks hold large chunk of the country’s huge public debt. Work on ECB digital currency under way, progress possible next year 2019-11-08T05:00:00Z More spending would further strain the industrial world’s heaviest public debt burden, which is more than twice the size of Japan’s economy. Most Japan firms affected by typhoons, want Abe government to spend more: Reuters survey 2019-11-07T05:00:00Z He promised to slash politicians' pay, invest in power plants and also tax banks to help reduce public debt. A Lebanon feeling reborn 2019-10-22T04:00:00Z Amos Global, which includes Moshiri and two co-founders, also is researching Venezuela public debt holders for another fund that would be even larger. Former Chevron exec seeks $500 million for post-sanctions Venezuela 2019-10-21T04:00:00Z In many other economies, however, the IMF says public debt and interest burdens are high and rising. Global investors 'taking risks for higher returns' 2019-10-16T04:00:00Z The two sides will work together to develop a package of measures to cut government spending, increase revenue and reduce Ecuador’s unsustainable budget deficits and public debt. Ecuador protests end after deal struck with indigenous leaders 2019-10-14T04:00:00Z The two sides will work together to develop a new package of measures to cut government spending, increase revenue and reduce Ecuador’s unsustainable budget deficits and public debt. Ecuador indigenous, president strike deal to end protests 2019-10-13T04:00:00Z The two sides will work together to develop a new package of measures to cut government spending, increase revenue, and reduce Ecuador’s unsustainable budget deficits and public debt. World Digest: Oct. 13, 2019 2019-10-13T04:00:00Z But, she said, “that advice will not work everywhere. Globally, public debt is near record levels. So in countries with a high debt-to-GDP ratio, fiscal restraint continues to be warranted.” Nations must unite to halt global economic slowdown, says new IMF head 2019-10-08T04:00:00Z It plans to use the extra revenues to fund social welfare programmes including pre-school education and to pay down its huge public debt load. Japan delivers long-delayed sales tax hike 2019-09-30T04:00:00Z Puerto Rico was dragging more than $70 billion in public debt after decades of mismanagement, corruption and excessive borrowing to balance budgets. Federal board files plan to reduce Puerto Rico debt by 60% 2019-09-27T04:00:00Z Trump’s call to refinance nearly $17 trillion in outstanding public debt also is oddly timed and would be unlikely to save the government much money. Trump says ‘Boneheads’ at Fed should cut interest rates to zero — or even set negative rates 2019-09-11T04:00:00Z The U.S. territory also is struggling to emerge from a 13-year recession and trying to restructure some of its more than $70 billion public debt load. New Puerto Rico governor pledges to scrutinize all contracts 2019-08-11T04:00:00Z Others shared a post that calls on Vázquez as governor to audit Puerto Rico’s more than $70 billion public debt load to detect possible corruption. Puerto Ricans ask ‘What’s next?’ as political limbo deepens 2019-08-09T04:00:00Z Each page of The Daily Star’s Thursday edition bore a single phrase referring to one of the country’s problems, including government deadlock, rising public debt, increasing sectarian rhetoric and unemployment. Lebanese daily publishes blank edition to protest crisis 2019-08-08T04:00:00Z One of Puerto Rico’s most charismatic and controversial governors, the elder Rosselló launched a string of large-scale infrastructure projects that swelled the public debt and ensuing bankrupty that his son has inherited. Besieged Puerto Rico gov goes silent amid effort to oust him 2019-07-19T04:00:00Z Commercial banks are largely owned by ruling politicians and profit from holdings of public debt. Lebanese losing faith as politicians fumble over economy 2019-07-18T04:00:00Z Decades of fiscal ineptitude and economic stagnation led to ballooning public debt and bankruptcy. Puerto Rico is in chaos, and some worry continued instability is a major threat 2019-07-18T04:00:00Z However, the decisions most central to the commonwealth’s future are being made in law offices, decorous courtrooms and in Washington, D.C., as creditors tangle with the oversight board over the massive public debt. Puerto Rico erupts at governor, but power resides far away 2019-07-18T04:00:00Z Well, for one, it would violate the Constitution, which says the “validity of the public debt of the United States . . . shall not be questioned.” Opinion | Abolish the debt ceiling — no strings attached 2019-07-15T04:00:00Z The IMF approved the bailout on July 3, saying it would help reduce public debt and expand social spending. Pakistani businesses on strike over new IMF-backed taxes 2019-07-13T04:00:00Z In a statement Wednesday, the IMF said the loan will help reduce public debt and expand social spending. Pakistan gets approval from IMF for $6 billion loan 2019-07-03T04:00:00Z Represented as a line graph, historical statistics on the public debt of the United States look like a jagged mountain range. Opinion | The reason the debt is so high? The U.S. is at war — with itself. 2019-07-01T04:00:00Z The truth is that there would be no way to pay for the college loan bailout without either raising a host of taxes immediately - and significantly - or with racking up huge amounts of public debt. Editorials from around New England 2019-06-28T04:00:00Z One of the draft bills would prevent the government from using the country's National Fund for Scientific and Technological Development to pay public debts. Brazilian scientists launch project to turn politicians into allies 2019-05-22T04:00:00Z Puerto Rico already faces nearly $50 billion in unfunded pension liabilities as it continues to restructure a portion of its more than $70 billion public debt load. Board orders Puerto Rico to pay $340M owed to pension system 2019-04-30T04:00:00Z Even 33 years ago, he saw that our public debt is morally “problematic”: Opinion | America is borrowing from the future. It’s decadent. 2019-04-24T04:00:00Z Finally, we are still in a world of low potential growth – a “new mediocre” sustained by high private and public debt, rising inequality and heightened geopolitical risk. The US stock market will stop its charge – perhaps with a sharp shock | Nouriel Roubini 2019-04-23T04:00:00Z “However, Germany should use its financial leeway to further reduce public debt and boost investment. This also includes eliminating bureaucratic hurdles,” Juncker said. EU's Juncker: there is still a risk of no-deal Brexit despite delay 2019-04-19T04:00:00Z In many provinces, public debt exceeds annual revenue, sometimes by a large margin, it says. China’s leaders are making sure the economy is stable amid trade war 2019-04-17T04:00:00Z “The markets are predicting that Brazil will not be able to meet its obligations, control its public debt or receive investment.” Bolsonaro, a Combative ‘Soldier,’ Gets Off to a Rocky Start in Brazil 2019-04-14T04:00:00Z For a serious examination of issues concerning public debt, for example, consider the classic 1979 study “On the Determination of the Public Debt,” by Robert Barro of Harvard. Modern Monetary Theory Makes Sense, Up to a Point 2019-03-29T04:00:00Z And with the largest public debt in the industrialized world, it has less fiscal wiggle room than its competitors. Japanese universities test collaboration 2019-03-19T04:00:00Z In the aftermath of the financial crisis, politicians advocated austerity as a means of avoiding saddling future generations with excessive interest payments on public debt. Did a £435bn boost kill the millennial dream? 2019-03-08T05:00:00Z The island is in a 12-year recession and trying to restructure a portion of its more than $70 billion public debt load. US to publish its own economic data on Puerto Rico 2019-03-04T05:00:00Z The former chief economist of the International Monetary Fund, Olivier Blanchard, argued in a speech that for countries like the United States, high public debt isn’t necessarily a problem. How America Learned to Stop Worrying and Love Deficits and Debt 2019-02-23T05:00:00Z The Treasury Department’s daily statement showed Tuesday that total outstanding public debt stands at $22.01 trillion. National debt tops $22 trillion; further increase expected with baby boomer retirements 2019-02-12T05:00:00Z The Treasury Department’s daily statement shows that total outstanding public debt stands at $22.01 trillion. National debt hits new milestone, topping $22 trillion 2019-02-12T05:00:00Z The country is dealing with soaring public debt of $84 billion, or 155 percent of the gross domestic product, and unemployment believed to be around 36 percent. Lebanon forms government after months of deadlock 2019-01-31T05:00:00Z The key measure, however, for reducing the deficit and stopping a dangerous rise of Brazil’s public debt will be the overhaul of the country’s costly social security pension system. Brazil to inaugurate far-right firebrand Bolsonaro president 2018-12-31T05:00:00Z Spending on Defense Department programs rose 18 percent in October and November from a year earlier, while outlays for total interest on the public debt jumped by 7 percent. United States posts record budget deficit in November 2018-12-13T05:00:00Z The EU commission rejected Italy’s previous budget, saying the populist government’s spending plans would break promises to lower public debt. Italy lowers deficit in revised budget to avoid EU sanctions 2018-12-12T05:00:00Z Even the United States, the world’s largest economy, and oft-trumpeted standout performer, is expected to decelerate next year as the stimulative effects of President Trump’s $1.5 trillion tax cut wear off, leaving huge public debts. Global Growth Cools, Leaving Scars of ’08 Unhealed 2018-12-01T05:00:00Z Brussels, alarmed at the size of Italy’s public debt and lack of growth, which will make paying it off ever harder, has flatly rejected the plan and threatened to impose financial sanctions. 'Italians first': how the populist right became Italy's dominant force 2018-12-01T05:00:00Z Puerto Rico agencies still hold roughly $70 billion in public debt and are trying to restructure a portion of it via court and mutual agreements as the island remains mired in a 12-year recession. Puerto Rico completes its first debt restructuring deal 2018-11-29T05:00:00Z China Exim Bank holds 39 percent of Fiji’s externally held public debt, according to The Economist Intelligence Unit. Former coup leaders battle for control in Fiji election 2018-11-12T05:00:00Z The government’s argument in favor of spending might be more persuasive if Italy’s public debt were not already 131 percent of G.D.P. Stimulus Plan or Populist Giveaway? Italy’s Budget Sets Up Clash With E.U. 2018-11-12T05:00:00Z The government issued a statement saying Tuesday’s ruling is a significant step forward for the U.S. territory as it tries to restructure a portion of its more than $70 billion public debt. Judge approves restructuring for Puerto Rico government bank 2018-11-06T05:00:00Z Italy’s public debt is already around 130% of GDP, the highest ratio in the EU apart from Greece. Italy’s Economy Struggles as Tensions With EU and Market Worries Take Toll 2018-10-31T04:00:00Z He called the reform essential to controlling surging public debt in Latin America’s largest economy and making space for public investments to jump-start a sluggish economy. Bolsonaro's economic guru urges quick Brazil pension reform 2018-10-30T04:00:00Z The SGP restricts budget deficit to only 3 percent of GDP and overall public debt to 60 percent of GDP. If the Euro cracks — blame Germany, not the Italians 2018-10-28T04:00:00Z Earlier this year, the Congressional Budget Office released an analysis predicting annual federal budget deficits of $1 trillion by 2020, along with public debt levels not seen since World War II. Trump’s unprecedented deficits put us into uncharted territory 2018-10-26T04:00:00Z Late on Thursday, the European Commission told Italy that planned government spending was too high, its structural deficit would rise instead of fall and public debt would not fall in line with EU rules. Investors sell Italian bonds, bank shares as EU warns on Italy budget 2018-10-19T04:00:00Z Italian leaders say the budget plan will boost economic growth through higher spending, but other EU countries are concerned it will add to Italy’s already heavy public debt load. Dutch leader asks Italy to stick to budget rules 2018-10-18T04:00:00Z Italian leaders say the budget plan will boost growth through higher spending, but other EU countries are concerned about Italy’s public debt load. Report: EU official says Italian budget draft unacceptable 2018-10-17T04:00:00Z Yes, Spain suffered from a major banking crisis, which caused public debt to explode as the private debts were assumed by the government and the economy collapsed. If the Euro cracks — blame Germany, not the Italians 2018-10-28T04:00:00Z “It’s fundamental to confront public deficits and reduce public debt as a percentage of GDP,” the Haddad campaign said in emailed answers for this article. In Brazil, Big Plans and No Money 2018-10-03T04:00:00Z Juncker said at the weekend that he was concerned about plans to push up Italy’s public debt pile, proportionally the second highest in the EU after Greece’s. Italian deputy PM threatens to sue EU boss over budget criticism 2018-10-02T04:00:00Z While still within the 3-percent limit set by EU rules, the higher limit places at risk Italy’s ability to bring down its huge public debt. Worries about Italy’s finances jolt markets again 2018-10-02T04:00:00Z This is measured by the ratio of public debt to GDP - and is set at 3%. Italy's big spending plans under pressure 2018-09-27T04:00:00Z Its public debt is worth about 180 percent of that. How much? Greek state owed huge amount of uncollected taxes 2018-09-26T04:00:00Z The agency said strong growth of around 3 percent of gross domestic product over the next three years will help drive down public debt. Standard & Poor’s lifts Cyprus into investment grade 2018-09-14T04:00:00Z With Japan’s public debt at 236 percent of gross domestic product, there are concerns about the economic burden that this rapidly aging society will place on Japan. Japan sets record number for people over 100, and almost all are women 2018-09-14T04:00:00Z “It’s in Italy’s interest to reduce its very high public debt,” Moscovici said. 'Little Mussolinis': EU chief angers Italy with comment on rise of far right 2018-09-13T04:00:00Z Budget deficits balloon, public debts soar, governments take over banks – all conjuring up visions of looming state bankruptcy, or worse, state control over the economy. Ten years on from the crash, we need to get ready for another one | Robert Skidelsky 2018-09-12T04:00:00Z Mr. Rubio’s well-intentioned plan begins by promising a small, carefully targeted benefit and assuring us that it won’t add to the long-run public debt. Opinion | Rubio’s Family-Leave Benefit Will Go the Way of All Entitlements 2018-09-04T04:00:00Z Fitch Ratings on Friday cut the country’s debt outlook to negative, citing concerns that fiscal loosening may leave the country’s public debt more exposed to potential shocks. Italian Politics Keep Global Investors on Edge 2018-09-03T04:00:00Z Despite undertaking the biggest post-crisis fiscal adjustment of any euro zone country, Greece’s public debt is equal to about 180% of GDP. Greeks on course to reap benefits after their sacrifices, says EU's Mosovici - business live 2018-08-20T04:00:00Z This was never remotely feasible, but was based on the theory that a commitment to shrink budget deficits and to bring public debt levels down would boost the confidence of the financial markets. Greece's bailout is finally at an end – but has been a failure | Larry Elliott 2018-08-19T04:00:00Z In a country beset by budget overruns and high public debt, his administration won constitutional approval limiting government spending for the first time. Brazilians Denounce Their Leader, But Economists Offer Praise 2018-08-16T04:00:00Z But the economy suffers from plenty of maladies, including high public debt, an unaffordable pension system that funnels money to the relatively well off, and low productivity. Colombia’s new president will struggle to heal his country’s divisions 2018-06-21T04:00:00Z The National Flood Insurance Program has more than $20 billion in public debt on its books; an additional $16 billion was canceled last year to avoid a $30 billion ceiling on the program’s borrowing. Congress passes flood insurance extension, again punting on reforms 2018-07-31T04:00:00Z These state that public debt be kept under 35% of GDP even as tax revenue is capped at 25% of GDP. Why theCook Islands fears rich-country status 2018-07-19T04:00:00Z The White House also revised up its projections of interest rates this year and next, which together with the funding boost increased projected interest payments on the public debt. Deficit Projected to Top $1 Trillion Starting Next Year 2018-07-18T04:00:00Z Ortiz said his priority is to rebuild Puerto Rico’s credibility to help attract foreign investment and reach a deal with creditors to resolve the agency’s $9 billion public debt. Government audit faults oversight in auto recalls 2018-07-18T04:00:00Z He also said his priority is to reach a deal with creditors and resolve the agency’s $9 billion public debt. Puerto Rico’s power company names 2nd CEO in 2 weeks 2018-07-18T04:00:00Z The island is struggling to recover from Hurricane Maria as it tried to restructure a portion of its $70 billion public debt load. Puerto Rico to sue control board over budget differences 2018-07-05T04:00:00Z Puerto Rico is trying to restructure a portion of its $70 billion public debt load as it struggles to recover from Hurricane Maria. Board approves budget after Puerto Rico fails to submit one 2018-07-01T04:00:00Z And though investors fret over a populist government and towering public debt, its pool of private savings will keep them keen. Italy’s resilient savers are driving consolidation in asset management 2018-06-28T04:00:00Z The bill allows for the sale of the Puerto Rico Electric Power generation plants as the company faces more than $9 billion in public debt. Puerto Rico’s governor signs bill to privatize utility 2018-06-20T04:00:00Z While López Obrador has proposed a range of new social programs — for the poor, the disabled, the elderly — he has spoken against increasing the country’s public debt. Mexico’s next president could be a leftist demagogue or a practical reformer. He’s the same man. 2018-06-20T04:00:00Z But the economy suffers from multiple maladies, including high public debt, an unaffordable pension system that funnels money to the relatively well off, and low productivity. Colombia’s new president is burdened with political baggage 2018-06-20T04:00:00Z The company carries more than $9 billion in public debt and relies on infrastructure nearly three times older than the industry average. Puerto Rico gov signs bill to privatize power company assets 2018-06-20T04:00:00Z However, it said the policies are also fuelling public debt and risk inducing a sudden bout of inflation. IMF gives US trade warning 2018-06-14T04:00:00Z Jordan is embarking on a three-year program of painful economic measures ordered by the International Monetary Fund to cut the kingdom’s yawning public debt. Jordan has weathered its worst protests since the Arab Spring. But the storm isn’t over. 2018-06-08T04:00:00Z A few blocks away, a group called Uprose carried signs demanding an audit of Puerto Rico’s crippling public debt, which tops $70 billion. Hurricane Maria Casts Shadow Over Puerto Rican Parade 2018-06-10T04:00:00Z The changes aimed to lower the country’s public debt, which totals $35 billion, to advance economic overhauls and to enhance growth. Jordan Withdraws Tax Bill That Fueled Nationwide Protests 2018-06-07T04:00:00Z Those who want to stay in the euro say leaving it would trigger a surge in interest rates and inflation, capital flight, a banking crisis and possibly a default on Italy’s public debt. Italy's euroskeptics and their currency ideas take center-stage 2018-06-02T04:00:00Z It was the latest in a series of protests against austerity measures sought by international lenders as Jordan tries to reduce rising public debt. Jordanians protesting price increases scuffle with police 2018-06-01T04:00:00Z But their policies will cost tens of billions of euros, for a country with the second biggest public debt in the EU after Greece. Italy populists take power: What comes next? 2018-06-01T04:00:00Z But it sent shivers down the spines of those contemplating Italy’s public debt – running at over 130% of GDP – and threatened the stability of the eurozone. Italy’s political crisis is a moment of reckoning for European liberal democracy 2018-06-01T04:00:00Z But some things remain the same, such as eye-watering levels of public debt in Italy. Then and Now: The Italian Crisis in Seven Charts 2018-05-30T04:00:00Z Italy is a much more populous country than Greece, more at the core of the European Union, and with much higher public debt. The Danger That Italy’s Political Crisis Poses for the Global Economy 2018-05-30T04:00:00Z It worked for a while as Argentina took advantage of low interest rates to sell $100 billion in public debt over the past 2½ years. ‘Gradualism Is Dead’: Argentina Faces Pressure to Hasten Economic Overhaul 2018-05-29T04:00:00Z The premier-designate pledged that his “neutral” government would guarantee “prudent” management of Italy’s public debt, the second highest in Europe after Greece. Italy’s political pandemonium, explained in 4 points 2018-05-28T04:00:00Z “Italy needs to continue to reduce its public debt, which is indeed second highest in the E.U. after Greece.” Italy’s Populists Get a Green Light to Govern, in New Threat to Europe 2018-05-23T04:00:00Z European Commission Vice President Valdis Dombrovskis said Wednesday that “Italy needs to continue to reduce its public debt, which is indeed second highest in the EU after Greece.” EU warns Italy about debt as parties look to spend more 2018-05-23T04:00:00Z The cost of borrowing to fund Italy’s persistently high public debt rose again on Monday and the Milan stock market was down 2 percent. Italy moves toward populist government 2018-05-21T04:00:00Z But with Italy’s public debt at more than 130% of GDP, the measures will be difficult to achieve, undoubtedly leading to clashes with the EU. Italy's M5S and League parties poised to sign government deal 2018-05-17T04:00:00Z Italy’s huge public debt is mainly domestically owned making both issues highly sensitive for Rome. EU fears new Italian policies could set stage for next euro zone... 2018-05-17T04:00:00Z Last month, prosecutors in Quito opened an investigation into Correa and 10 former officials for alleged mismanagement of public debt during the last five years of his government. Ecuador's former president defends spy operation to protect Julian Assange 2018-05-16T04:00:00Z The 19 members of the euro currency should keep public debt under 60 percent of GDP and the budget deficit below 3 percent of GDP. EU warns Italy about debt as parties look to spend more 2018-05-23T04:00:00Z This would lower Italy's public debt, currently at 130% of national output. Italy's populists aim to challenge EU 2018-05-16T04:00:00Z The U.S. territory is trying to restructure a portion of its more than $70 billion public debt load. US Rep Rob Bishop says he supports statehood for Puerto Rico 2018-05-04T04:00:00Z Opposition parties are calling for an independent audit of the country’s public debt. Angola’s new president, João Lourenço, has made an encouraging start 2018-05-03T04:00:00Z Puerto Rico is mired in an 11-year recession and trying to restructure some of its $72-billion public debt load as it struggles to recover from Hurricane Maria. Thousands of Puerto Ricans protest austerity measures, slow hurricane recovery 2018-05-01T04:00:00Z Puerto Rico is mired in an 11-year recession and trying to restructure some of its $72 billion public debt load as it struggles to recover from Hurricane Maria. Thousands in Puerto Rico protest austerity measures 2018-05-01T04:00:00Z The Venezuelan government hasn’t issued any international public debt in several years. Venezuela Is in Default, but Goldman Sachs Just Got Paid 2018-04-10T04:00:00Z Privatized profits for the wealthy and public debt for the rest of us. The Pro Football Hall of Fame Expansion Project Hits the Skids 2018-03-28T04:00:00Z Unless Congress acts to reduce federal budget deficits, the outstanding public debt will reach $20 trillion a scant five years from now, up from its current level of $15 trillion. Opinion | The debt crisis is on our doorstep 2018-03-27T04:00:00Z The fiscal deficit and public debt went up. Perspective | Chile’s new president is ‘concerned’ about Donald Trump 2018-03-22T04:00:00Z In May of last year, the island, crushed by more than $70bn in public debt, filed for bankruptcy. Carmen Yulín Cruz, six months after Hurricane Maria: ‘We’ve all changed’ 2018-03-21T04:00:00Z To further reduce market uncertainty, Greece’s official creditors will need to decide on the restructuring of the Greek public debt, no later than in the first half of 2018 according to their earlier commitments. Is Greece Ready to Stand on Its Own Feet? 2018-03-13T04:00:00Z Growth also looks set to be slightly higher than forecast last year - but public debt as a percentage of national income remains well above 80%. Chancellor to unveil spring statement 2018-03-12T04:00:00Z Rising interest rates and increasing deficits threaten to build upon each other to send public debt spiraling upward even faster. Opinion | The debt crisis is on our doorstep 2018-03-27T04:00:00Z The ESM and the European Financial Stability Facility are Greece’s largest creditors, together holding more than half of its 332 billion euro public debt, a sum equal to nearly 180 percent of economic output. Post-bailout credit line for Greece probably not needed: rescue... 2018-03-10T05:00:00Z “All the money ends up in the country’s black hole, repaying its humongous public debt instead of rebuilding the economy.” China’s investment in Greece tangles Europe relations 2018-03-05T05:00:00Z Markets will need to see that the IMF is on board with both the restructuring of the public debt and the solvency of the banking system following the stress tests. Is Greece Ready to Stand on Its Own Feet? 2018-03-13T04:00:00Z It runs both a budget surplus and current account surplus; public debt is just 25% of GDP and inflation is just 1.8%, in line with the European Central Bank’s target. Bulgaria Question Brings the EU’s Identity Crisis into Focus 2018-02-25T05:00:00Z Even so, a big increase in spending on university education means that public debt is forecast to keep rising until 2023, when it is expected to peak at about 56% of GDP. South Africa’s new president will have to dish out bitter medicine 2018-02-22T05:00:00Z The ESM and the European Financial Stability Facility are Greece’s largest creditors, together holding more than half of its 332 billion euro public debt, a sum equal to nearly 180 percent of economic output. Post-bailout credit line for Greece probably not needed: rescue... 2018-03-10T05:00:00Z Its balance sheet reveals that the public debt will reach $15.7 trillion by October. Why America Is Going Broke 2018-02-21T05:00:00Z The fund would be built from public debt, levies on untaxed corporate assets and investments in long term infrastructure projects, and be similar to Norway's $1trn sovereign wealth fund. Should everybody get £10,000? 2018-02-15T05:00:00Z The public debt was already on track to rise relative to the size of the economy before the new tax and spending deals; now it will probably rise faster. The Era of Fiscal Austerity Is Over. Here’s What Big Deficits Mean for the Economy. 2018-02-09T05:00:00Z About half of U.S. public debt is currently held by foreigners, he points out. Opinion | Republicans’ fiscal flip-flop is breathtakingly ill-timed 2018-02-08T05:00:00Z Officials from the Finance Ministry and public debt management agency met Tuesday, in the wake of a heavy drop in U.S. stocks that was followed by a broader global sell-off. Stock market turmoil prompts Greece to delay bond issue 2018-02-06T05:00:00Z That doesn’t count unfunded liabilities, reported by the Social Security and Medicare Trustees, that are four times the current public debt. Why America Is Going Broke 2018-02-21T05:00:00Z Not to mention that it would violate the Constitution, which says, “The validity of the public debt of the United States . . . shall not be questioned.” Opinion | Trump’s tax cuts are rocketing us into the debt ceiling 2018-02-01T05:00:00Z The proposal released early Thursday doesn’t set aside any money to pay creditors in the next five years as the island struggles to restructure a portion of its $73 billion public debt. Puerto Rico warns of 11 percent GDP drop in new fiscal plan 2018-01-25T05:00:00Z Greece's public debt totals 180% of its economy and the talks will focus on how to link any relief to economic results. EU creditors to discuss Greek debt relief 2018-01-23T05:00:00Z It needs to pick up quickly to help households and the state itself—public debt has climbed above 50% of GDP—pay down some of their crushing debt. In South Africa, more people have loans than jobs 2018-01-18T05:00:00Z There’s also the matter of safeguarding the validity of the public debt, a constitutional requirement. Opinion | Blame McConnell and Ryan for the shutdown 2018-01-22T05:00:00Z Federal spending in the first three months of the fiscal year outpaced tax collections, due in part to higher interest costs on the public debt as a result of rising inflation. U.S. Ran $23 Billion Budget Deficit in December, Treasury Says 2018-01-11T05:00:00Z In Chihuahua, the former governor spent more than $50 million on publicity, officials say, in a state saddled with huge public debts. Using Billions in Government Cash, Mexico Controls News Media 2017-12-25T05:00:00Z Her popularity sank toward the end of her current term as a result of slow economic growth and a ballooning public debt. Chile’s Election Consolidates Latin America’s Rightward Shift 2017-12-18T05:00:00Z Mr. Piñera accused her government of scaring off investors, deepening the public debt and sending Chile’s economy on a downward spiral. Sebastián Piñera Wins Chile’s Presidential Election 2017-12-17T05:00:00Z Were stimulus warranted now, the Fed could always cut rates, avoiding the higher public debt that fiscal stimulus incurs. Will America’s economy overheat in 2018? 2017-12-14T05:00:00Z |
| 随便看 |
|
英语例句辞典收录了117811条英语例句在线翻译词条，基本涵盖了全部常用单词及词组的例句翻译及用法，是英语学习的有利工具。