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US DEBT CRISIS
China Evergrande fiasco: Court stops PwC International's attempt to distance itself from its local arm's doingsPricewaterhouseCoopers International's attempt to exit the multibillion-dollar Evergrande lawsuit has been dismissed by a Hong Kong court. ...- Global Market: Fiscal dominance debate takes centre stage as government debt mountsRising government debt and borrowing costs are bringing the issue of fiscal dominance back into focus, with concerns that central banks cou...
- US debt burden raises longer-term risks as borrowing costs riseUS government debt remains a cornerstone of global financial markets, but rising borrowing costs, persistent fiscal deficits and stronger c...
- Six months into Iran war, almost half of global oil flows from war zonesAs of 2026, nearly half the world's oil originates from conflict-affected nations. Current oil disruptions have surpassed previous energy c...
- MacKenzie Scott's $100 million donation helped wipe out $40 billion in medical debt—here’s how Jeff Bezos’ ex-wife's strategy worksJeff Bezos’ ex-wife MacKenzie Scott's remarkable contributions have enabled Undue Medical Debt to eliminate billions in medical debt. This ...
- India bonds flat as oil prices shrug off US curbs on IranIndian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US...
- Abandoned since 1989, American buys Spanish village for $363,000 as he plans $7 million tourism revival with 44 homes, church, school and barAbandoned since 1989, Spain’s Salto de Castro village has a new owner after American Jason Lee Beckwith bought the historic settlement for ...
- Charting the Global Economy: UK payrolls slide, inflation risesThe latest figures show the UK labor market is faltering, with job vacancies reaching a five-year low. Inflation rates have intensified, fu...
- US Treasury intervention gives Japanese bonds temporary relief as 3% yield loomsJapanese government bond yields received temporary relief after U.S. Treasury intervention, but analysts warn the 10-year JGB yield could s...
- He built China’s biggest property empire and became Asia’s richest man. Now Evergrande’s Hui Ka Yan is in prison for life, here’s whyEvergrande founder Hui Ka Yan, also known as Xu Jiayin, has been sentenced to life in prison in China for embezzlement, bribery and other f...
- Economic pressure a 'delicate dance' against Iran, most effective tool: JD VanceUS-Iran war: United States Vice President JD Vance emphasized that applying economic pressure constitutes Washington's strongest measure ag...
- Indian equity markets rally nearly 1% as dollar retreats and US bond yields coolThe Indian stock market rebounded on Thursday, marking the end of a downward trend. Major indices Nifty and Sensex enjoyed notable gains, s...
- Tyson Foods closes beef plants in Joslin, Illinois and Utah, lays off over 3,200 workers as historic US cattle shortage hits meat giant hardTyson Foods is closing its beef plants in Joslin, Illinois, and Eagle Mountain, Utah, affecting more than 3,200 workers as a historic US ca...
- Retail inflation may cross 6 per cent in Oct-Nov before easing in Q4 FY27: ReportRetail inflation in India may briefly surpass 6 percent in late 2024. This rise is expected before easing to approximately 5 percent by ear...
- Gold hovers near early-June high on lower bond yieldsGold prices soared close to a two-month peak on Thursday after the U.S. Treasury announced bolstered liquidity measures. With yields fallin...
- US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
- Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
- Bond markets from US to Japan whacked as inflation and fiscal worries take holdGlobal borrowing costs are hitting multi-decade highs again as inflation fears rise. The United States has seen its 30-year Treasury yields...
- US 30-year yields hit highest level since 2007 as war and oil worries festerU.S. Treasury yields reached multi-year highs amid inflation worries. Geopolitical tensions and increased oil prices fueled market anxietie...
- Emerging markets defy global shocks as investors return to local assetsEmerging markets are seeing renewed investor interest despite geopolitical tensions, trade risks and AI-driven volatility, with debt attrac...
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