Browsing: US Debt

Washington is doing nothing about its deteriorating finances because there is nothing it can do without risking major upheaval

The International Monetary Fund (IMF) has raised concerns about overspending by the US government, warning it has been reigniting inflation risks and undermining financial stability around the world.

Economic experts in the US are divided in their assessments of the potential implications of the United States’ record-high national…

President Joe Biden on Friday evening gave his first address from the Oval Office to discuss a bill to lift…

The Senate has approved raising the government spending limit ahead of a looming deadline A last-minute deal aimed at averting…

House Republicans reached a tentative deal with the White House on Saturday night to raise the nation’s borrowing limit and avoid…

State Duma Chairman Vyacheslav Volodin has accused Washington of defrauding other nations Senior Russian lawmaker Vyacheslav Volodin has branded US…

The freezing of Russia’s forex holdings has accelerated de-dollarization around the world, experts say The process of diversifying away from…

The US default would be disastrous, according to eminent economist Nouriel Roubini The US government’s failure to agree on lifting…

Europe may have done a good job in reducing its dependency on Russian oil and gas and mitigating an energy…