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Borrowers in the US commercial real estate market face a significant challenge as nearly $1.5 trillion of debt comes due for repayment by the end of 2025, leading to a couple of big questions: [...]
Treasury Secretary Janet Yellen notified the country's lawmakers last week that Congress needs to decide whether or not to proceed with the increase of the $31.4 trillion national debt [...]
Raising an instrument and a standoff. republicans are saying we will not vote for a -- that didn't happen when donald trump was president. >> but i think you're the one that's speculating there's a standoff that will happen here. nobody has said that. house republicans will have clear negotiations with the white house about what are the spending reforms needed and what needs to happen. that is not a standoff. that is a negotiation. number two, before i got to congress in the last term, my position has always been clear, that if you're going to continuously increase the debt ceiling, you have t...
Crushed by decades of debt, China is undergoing a radical transition under President Xi Jinping. The result could be economic and political chaos.
Risks of China's local debt grows as govt scales back COVID-19 stimulus ANI | Updated: May 02, 2021 12:27 IST Beijing [China], May 2 (ANI): As China has started scaling back the COVID-19 stimulus worth trillions of yuan launched last year, local government debt and corporate bond defaults are emerging as the prime financial risks for the communist government. Chinese authorities are currently on high alert for financial problems, particularly in some western and northern regions, whose ability to repay credit is strained amid stimulus tapering and a decli...