Stay updated with breaking news from Debt Rises. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
An avalanche of consumer debt could come tumbling down unless a rising economy and slowing inflation suddenly materialize to rescue millions of Americans.
Foreign debt accounts for more than 95% of Nigeriaâs external reserves after falling behind $35 billion mark due to lack of external inflows arising from weak foreign investors sentiment analysts said in a report. While foreign debts level has increased further as a result of pandemic-induced fiscal stress, the Nigerian external reserve has plunged strongly to $34.7 billion as of May 2021 compared with $33.348 billion external debts. Tumbling gross foreign reserve has however weakened the Nigerian central bank market intervention amidst scarcity of foreign currencies inflow into the econ...
The floor of the house and address significant budget issues for our country. meanwhile, as our debt rises, $22 trillion plus those are the issues that i'm focussed on. i'm not obsessed on what the president is tweeting minute by minute. >> they are official statements from the white house. on the issue of budget, let me ask you this, because you are chairman of the rsc budget. you wrote, i had the opportunity to thank the president for his fiscally conservative leadership. here is the thing. under this president, the federal deficit is up 77% in the first four months of this year alone. the c...
Debt rises. i think that's really an important part of this story. the second thing that i think is good about the ryan budget, although i think it would be very bad for the country, but what's good about what ryan is doing is he really is drawing a pretty stark contrast between the two parties in terms of what they think government's role should be. one of the things that ryan's budget doesn't do, for instance, is really make any real significant cuts in the definite department. in fact, that's one of the reasons why he is putting forward this budget to avoid the cuts in defense spending that...
>> high gas prices no threat yet to retailers profits. macy's and saks bagging some good numbers. there's a whole nuther story for the little guy. here's how small businesses are weathering the storm. >> the mom and pop operations get caught in between the rising fuel costs, the rising prices, and a fixed price for their customers. no one knows that better than the restaurant. we want to bone of beef here in chicago. costs them more to get everything from the bread to the meat into the restaurant they deliver so there's a direct impact when they fuel delivery trucks. >> upgraded to smaller fue...