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CBO sees US default in first half of June without debt ceiling increase

The Congressional Budget Office's new estimate underscores the urgency of resolving a bitter standoff between Republicans and Democrats over raising the United States' $31.4-trillion statutory borrowing cap

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What does the global debt crisis mean for the EU Global Gateway?

With 60 percent of African countries spending more on debt repayment than on national healthcare, the EU should use Global Gateway financing to address structural issues rather than conversations about finance.

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To measure progress on sovereign debt, look to actual deals -World Bank's Malpass

WASHINGTON — World Bank President David Malpass on Thursday said progress on sovereign debt issues would be measured by actual restructuring deals being agreed…

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World Bank's Malpass surprises with early exit - News

World Bank President David Malpass on Wednesday said he would leave his post by the end of June, months after running afoul of the White House for failing ..

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Global debt levels rose 'substantially' in 2021 - World Bank's Malpass

Global debt levels rose 'substantially' in 2021 - World Bank's Malpass

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World Bank's Malpass sees risk of stagflation, likely recession in Europe - News

In a speech at Stanford University, Malpass said there was an increased likelihood of recession in Europe, while China’s growth was slowing sharply and US economic o...

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Asia took its cue from the gains on Wall St but with upside capped ahead of key events - Newsquawk Euro Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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Sentiment sullied after hotter-than-expected Japanese CPI, eye-watering German PPI, and a jumbo Riksbank hike - Newsquawk US Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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OPINION| Unilateral sanctions against Russia will produce a global food disaster

The G7 has wrongly blamed the looming crisis on blocked Ukraine exports, which are far smaller than Russia’s global share of fertiliser and food exports

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Will Sanctions Against Russia Leads to a Global Food Disaster?

Looking at the world food supply situation, many experts see an imminent threat of “human catastrophe”

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