House Speaker Kevin McCarthy agreed to raise the debt ceiling – and avoid an unprecedented US default – but only if Democrats agree to freeze spending and agree to several other demands.
Personal debt in New Zealand is growing. But instead of hiding the true extent of what we owe, New Zealanders should be talking about how we got here – and what needs to change.
Ghana’s e-levy has hit traders in the country’s informal sector the hardest.
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For better or worse, debt is a part of everybody’s financial portfolios. Solid financial planning will help you keep your eye on the prize of wealth accumulation.
Developing countries are calling for more funding and for changes at the World Bank.
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The biggest issues at COP27 involve financing for low-income countries hit hard by climate change. A former World Bank official describes some promising signs she’s starting to see.
What happens when you owe more on your mortgage than your house is worth? Negative equity is a growing concern for some homeowners, but how real are the risks?
Debt swaps in some countries have involved commitments to protect the ocean.
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Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
Le Président chinois Xi Jinping en train de s'adresser au sommet Chine-Afrique par vidéoconférence depuis Pékin, le 17 juin 2020.
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The deal to restart grain shipments won’t bring food prices back to pre-war levels.
Ukrainian president Volodymyr Zelensky and G7 ambassadors visit the port of Odesa, a vital export hub for Ukraine’s agricultural products.
Ukrainian Presidential Press Service / EPA-EFE
An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
Children queue for porridge in Harare, the capital of Zimbabwe during the height of the COVID pandemic.
Photo by Tafadzwa Ufumeli/Getty Images