The current gross U.S debt stands at $39 trillion, which experts say is not the real problem. Instead, its the current path Congress has taken of spending more than taking in which seems “not sustainable.”
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Why UAE leaving OPEC matters, in 2 charts
OPEC is no stranger to exits. But UAE’s exit could mean a fundamental geopolitical shift in the Middle East (and the oil markets).
Why 2% inflation became the global target for central banks
The curious case of the 2% inflation target and why most central banks won’t let it go.
US debt could rank among highest in G7 by 2030, IMF projects
The cost of borrowing is already choking crucial public spending across many developing economies. But now it is triggering wider concerns.