Sunday, May 10, 2026
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Tag: debt crisis

The people always pay

"How can Congress exact new taxes from an angry public, where people have realized they always pay, yet get nothing?" IT LOOKS a lot like...

US lawmakers race against time to avert debt crisis

WASHINGTON, USA—The bill hammered out by US leaders to prevent the country from a catastrophic default on its debts will face one final and...

Developing economies’ debt more than doubled, says WB

WASHINGTON—The external debt of developing economies has more than doubled from a decade ago to $9 trillion in 2021, the World Bank said Tuesday,...

Finance dismisses fears of debt crisis

The Finance Department shrugged off concerns from some quarters over a potential debt crisis, saying the latest favorable numbers suggest otherwise. “Proactive debt management has...

Euro struggles amid uncertainty

The euro struggled in Asia Wednesday on increasing uncertainty about France’s political outlook and fears of another debt crisis brewing in Greece. Most major equities...

Finance warns of debt crisis sans tax reforms

The Finance Department on Thursday warned that the failure of Congress to pass the whole package of tax reforms may result in a debt...
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