Page 21 - Debt Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

House press secretary, not the president, about how the congress needs to deal with this issue. listen. >> we're not going to work our way around this or negotiate on this. this is the basic -- the basic duties of congress is to deal with this issue. let's not forget in the last administration they, democrats and republicans, were able to deal with the debt limit three times, three times. so this is something that needs to be done, that should be done, and we call on congress to act. >> the white house digging in. there will be no pre-conditions or negotiating over the debt ceiling. even moder...

President Joe Biden’s loan plan doesn’t reform a cruel and senseless system. This will.

It's partly down to strong demand for the us currency, as interest rates rise aggressively. but it also reflects growing concerns about the uk economy, a looming recession, weaker trade post—brexit, and rising government borrowing at greater costs of repayment. as we were just talking about they are. sunaina sinha haldea is global head of private capital at the investment bank raymond james. thank you so much forjoining me. close to 24% of uk government debt issued is inflation—linked. this means if some of the top—end forecasts are to be believed, the uk could end up paying close to 3% ...

Island weather its deepest economic crisis. earlier i spoke to shanta devarajan, a professor at georgetown university. he's former acting chief economist at the world bank, now an advisor liaising between international financial institutions and the sri lankan government. he gave me his take on the situation: it's extremely serious, in economic terms. and that is why the people are so angry — because the reason why sri lanka has no foreign exchange at the moment is because of the misguided policies of the rajapaksa administration. for two years, they've actually been bleeding this country dr...

Bleeding the country dry. now that's why they're angry with rajapaksa and stormed the president's palace, and so on. at the point is even when rajapaksa leaves, the debt problem and macro economic crisis will remain. so we have to be solving that problem, and that's what we've been working on for the last six months — working with the imf and various stakeholders in sri lanka to devise a reform programme, and economic reform programme that will try to reverse some of these policies that got us into trouble in the first place, and try to put sri lanka... the first place, and try to put sri la...