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US national debt crosses 100% of GDP: America now owes more than its entire economy produces — and the $1 trillion interest payments alone now outpace the PentagonU.S. debt-to-GDP ratio hit 100.2% on March 31: For the first time since the ruins of World War II, the United States national debt has surp...
War with Iran delivers another shock to global economyThe global economy faces severe disruption due to the war with Iran. The closure of the Strait of Hormuz has sent oil prices soaring, impac...
Donald Trump's tariffs will hit this section of Americans very hard, with the top 20% to be affected the leastThe lower-income American families will be impacted due to the tariffs as it would increase the cost of essential items such as food, energ...
Frustrated Americans await the economic changes they voted for with Donald TrumpDespite a strong economy, Americans frustrated with high prices elected Donald Trump, hoping he'd replicate his pre-pandemic economic succe...
US Presidential Election: Donald Trump's economic plans would worsen inflation, experts sayDonald Trump's proposed economic policies, including massive tariffs, mass deportations, and interference in Federal Reserve's decisions, a...
US trade shifts on Covid and China tensions, but no 'decoupling' yetWhile security concerns have escalated and US imports from China fell after Washington and Beijing imposed tit-for-tat tariffs, trade has s...
Lack of cloud policy, skills could slow down adoption of cloud-driven solutions: AWSLack of skills, in particular, remains a key challenge for the industry, Max Peterson, vice president, worldwide public sector, AWS told ET.
Ukraine economic adviser says war damage tops $100 billion so farUstenko, chief economic adviser to Ukrainian President Volodymyr Zelenskiy, told an online event hosted by the Peterson Institute for Inter...
China's hidden debt, a major problem for borrowersChina is also using confidentiality clauses barring borrowers from revealing terms and conditions of the engagement or even the existence o...
World economy faces tough journey back from crisis: ReportsIHS Markit said that it expects the world economy to shrink 5.5% this year, triple the damage it sustained in the 2008 financial crisis, an...
View: Do we have a government that can use Arvind Subramanian’s ideas?The economy is robust and inflation is crawling. We have an opportunity for rapid growth, building bridges across Indian Ocean and creating...
Arvind Subramanian to get extension as CEA for one year: FM Arun JaitleySubramanian, a Senior Fellow at the Peterson Institute for International Economics, was appointed India's Chief Economic Adviser (CEA) in O...
FM Arun Jaitley pitches for low taxes, says taxpayers are 'partners not hostages'Jaitley has assured foreign investors against any retrospective action and said taxpayers will be seen as "partners and not as potential ho...
Arvind Subramanian: Meet the US-based economist, who is set to be CEA to Modi governmentAccording to Peterson Institute, Foreign Policy magazine named Subramanian as one of the world's top 100 global thinkers in 2011.
- 'Need to take steps for stronger US-India trade ties'
Pushing for stronger India-US trade ties, economist Subramanian said that American Cos should focus on long-term goals in trade with India.
- USIBC for India-specific economic pact; suggests $50 bn fund
USIBC has proposed to the White House an India-specific Economic Cooperation Agreement and the setting up of a $50 bn sovereign debt fund.
- World cannot ignore India and China any more: Anil Ambani
With nearly 100,000 Indian students coming to the US every year, in the years to come, a large number of Indian would think and live like A...