Search

Byline: David J. Lynch President-elect Joe Biden's choice of economic advisers highlights a commitment to spend whatever is needed to restore a full-employment economy, setting up a clash with Senate [...]

Byline: JEREMY WARNER VIEWPOINT Remember those fiscal rules that we used to worry about so much? The fashion started with Gordon Brown's 'golden rule', which stipulated that the UK Government [...]

The UK's national debt has hit its highest level in almost 60 years after the government spent another £22bn to help the country through the coronavirus crisis, it was announced [...]

Byline: Graeme Wearden block-time published-time 7.54am GMT Britain's national debt, as a share of the economy, is at its highest since the early 1960s. October's borrowing has pushed public sector [...]

Karachi -- As the country's debt repayment capacity has been waning due to sole dependence on foreign loans, federation of Pakistan chambers of commerce and Industry has sought a long-term [...]

Byline: David Agren in Mexico City Mexican farmers in the drought-stricken state of Chihuahua are pitted against riot squads from the national guard in an increasingly violent standoff over their [...]

Current finance ministry forecasts foresee public debt reaching 75 percent of gross domestic product by the end of 2021, publicdebtnet.org reported. 'We will probably see it (public debt) rise on [...]

'Our lives turned 180 degrees,' said the 43-year-old who returned from the Persian Gulf with his wife and two sons in September 2019 -- a month before Lebanon's banking system [...]

This year's government budget deficit will exceed £300bn, more than twice the peak recorded after the 2008 financial crisis. It has already taken government debt to more than 100 per [...]

'The coronavirus pandemic has caused a sharp economic contraction in Japan, despite the country's early success in containing the virus,' Fitch said in a statement Wednesday, Bloomberg reported. 'Sharply wider [...]

Byline: jeremy warner viewpoint Assuming the Treasury select committee approves him - in practice, just a formality - the Office for Budget Responsibility will shortly have a new chairman, the [...]

Byline: JOHN IBBITSON, Staff Lead When the Parliamentary Budget Officer reports in June on Canada's fiscal and economic prospects, we will almost certainly learn that this year's federal deficit has [...]

The UK government borrowed £63.5bn in cash last month from the financial market, the Office for National Statistics has reported. As expected, state spending was driven up by pandemic-related emergency [...]

Byline: ANDREW COYNE, Staff Lead Every time the Parliamentary Budget Officer opens his mouth, the deficit shoots higher. On March 27, PBO Yves Giroux projected the shortfall for the current [...]

Islamabad -- Pakistan's external debt servicing (principal and interest) has declined to US$2.728 billion during third quarter (Jan-Mar) of Fiscal year 2019-20 as compared to the debt servicing valuing $3.9 [...]

Byline: John Hudson WASHINGTON - The Democratic chairmen of two House panels are scrutinizing a State Department plan to overhaul Social Security that they say unfairly takes away Americans' entitlement [...]

Byline: Helaine Olen For Print Use Only. To a hammer, every problem looks like a nail. To a Republican, every crisis is an opportunity to cut benefits. Not that they [...]

Bratislava, May 10 (CTK correspondent) - Agency Fitch Ratings has downgraded Slovakia's credit rating to A from A+, with a stable outlook, which is mainly because of the coronavirus's impacts, [...]

Byline: Jeff Stein, Josh Dawsey and John Hudson WASHINGTON - Senior Trump administration officials are growing increasingly wary of the massive federal spending to combat the current economic downturn and [...]

Would someone enlighten me on why people vote Republican? Think about it. Hoover, a Republican, took us into the Great Depression. Reagan tripled the national debt, was the progenitor of [...]

Byline: Eugene Jarecki The National Debt Clock hangs above New York City's Avenue of the Americas as a persistent reminder of a clear message: The United States is recklessly living [...]

Byline: ANDREW COYNE, Staff Lead The Parliamentary Budget Officer's latest forecast puts the federal deficit for the current year at $252-billion. The economy is now projected to shrink by roughly [...]

Byline: BILL CURRY, Staff OTTAWA -- Lead A new report by the Parliamentary Budget Officer says this year's federal deficit could exceed $252.1-billion, but Prime Minister Justin Trudeau said he [...]

Prague, April 30 (CTK) - The government today adopted a budget strategy of the sector of public institutions according to which expenditure frameworks of the state budget and state funds [...]

It's been a decade to the day since Gordon Brown got caught calling Gillian Duffy a 'bigoted woman' in a private conversation during the 2010 general election. Duffy, a retired [...]

Prague - Czech public finance deficit will reach 5.1 percent of GDP this year, against a 0.3 percent surplus in 2019, and the public debt will rise to 37 percent [...]

Byline: Seung Min Kim WASHINGTON - The economic havoc wreaked by the coronavirus pandemic is opening up a rift in the Republican Party - as the Trump administration and some [...]

Prague - The Czech public finance will end in a deficit of 4.1 percent of GDP due to the impacts of the coronavirus pandemic this year, and the total public [...]

Byline: David Adler and Jerome Roos Last Thursday, the leaders of the European Union convened a video conference to deliberate the escalating Covid-19 crisis. On the agenda was a simple [...]

Byline: BILL CURRY, Staff Lead The Parliamentary Budget Officer said the fiscal and economic fallout of COVID-19 remains extremely uncertain, but could lead to the weakest GDP figures in decades [...]

KARACHI -- US dollar hits all time high against dollar in intraday trading on Thursday and reached at Rs165. Pak Rupee massively depreciated so far by Rs3.40 in intraday trading [...]

Byline: DAVID ROSENBERG Lead Founder of independent research firm Rosenberg Research and Associates Inc. Although everyone is comparing the current shock with what happened in 2008-09 during the financial crisis, [...]

Byline: PATRICK BRETHOUR, Staff Lead TAX AND SPEND Tax and Spend is a new series that examines the intricacies and oddities of taxation and government spending. T here was a [...]

The IMF's recent report makes grim reading, with negative growth recorded for last year, and an expectation of effectively no growth, growing inflation and a devaluing currency into 2020. The [...]

Byline: By, Andrew Penman I really shouldn't be surprised anymore by the depths to which some people will sink, but this took me aback. It's a website set up by [...]

Byline: Michael Collins and David Jackson, USA TODAY WASHINGTON - Donald Trump promised during his presidential campaign in 2016 that he would wipe out the federal deficit in eight years. [...]

The president signaled a willingness to scale back Medicare, a shift from his 2016 platform of protecting entitlement programs. WASHINGTON -- President Trump suggested on Wednesday that he would be [...]

Islamabad -- Minister for Economic Affairs Hammad Azhar on Friday apprised the Senate that public debt stood at 77.8 per cent of gross domestic product (GDP) till Sept. 2019. Replying [...]

Byline: JAKE FUSS, MILAGROS PALACIOS Lead Economists at the Fraser Institute Governments across Canada will soon unveil their tax and spending plans in their 2020 budgets. This year's budget season [...]

Byline: Danielle Douglas-Gabriel WASHINGTON - The House voted Thursday to overturn a Trump administration policy that makes it more difficult for students who say they were defrauded by colleges to [...]

Byline: Don Bowes Burlington, Ont. -- Lead Columnist Andrew Coyne gives perspective on the government's out-of-control spending, but doesn't fully address the elephant in the room: the total national debt. [...]

Byline: Robert Dale Toronto -- Lead Re No, Pensions Didn't Blow Up The Deficit (Jan. 1): Thank you to columnist Andrew Coyne, who has given us an alarming wakeup call [...]