debt

41 Articles
How a credit lifeline for India’s farmers has turned into a debt trap | Debt News
World News

How a credit lifeline for India’s farmers has turned into a debt trap | Debt News

Meerut, India – The last of the paint had begun to peel off Mohammad Mohsin’s house two years ago. The faded green, white...

Fact-checking claims Trump’s pardons wiped out bn in debt owed to US | Donald Trump News
World News

Fact-checking claims Trump’s pardons wiped out $1bn in debt owed to US | Donald Trump News

Liz Oyer, a lawyer with the United States Department of Justice handling pardons for a long time, was fired by the Trump administration...

Tesla shares slide as CEO Musk and President Trump have a public face-off | Elon Musk News
World News

Tesla shares slide as CEO Musk and President Trump have a public face-off | Elon Musk News

Elon Musk, CEO of Tesla and self-proclaimed “first buddy” of President Donald Trump, has stepped up criticism of the president’s massive tax legislation...

‘Disgusting abomination’: Why is Elon Musk slamming Trump’s budget bill? | Elon Musk News
World News

‘Disgusting abomination’: Why is Elon Musk slamming Trump’s budget bill? | Elon Musk News

Billionaire Elon Musk has lashed out at United States President Donald Trump’s budget bill, describing it as a “disgusting abomination“, less than a...

‘Tidal wave’: How 75 nations face Chinese debt crisis in 2025 | Business and Economy News
World News

‘Tidal wave’: How 75 nations face Chinese debt crisis in 2025 | Business and Economy News

Many of the world’s poorest countries are due to make record debt repayments to China in 2025 on loans extended a decade ago,...

JPMorgan’s Dimon warns of US stagflation risk: Report | Business and Economy
World News

JPMorgan’s Dimon warns of US stagflation risk: Report | Business and Economy

Economists echo Dimon’s concerns as US credit downgrade and tariff-driven uncertainty continue. JPMorgan Chase CEO Jamie Dimon has warned that he can’t rule out...

US House passes tax and spending bill by single vote | Tax News
World News

US House passes tax and spending bill by single vote | Tax News

The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The...

Why has the US lost its AAA credit rating, and why does it matter? | Business and Economy News
World News

Why has the US lost its AAA credit rating, and why does it matter? | Business and Economy News

Last week, Moody’s downgraded the credit rating of the United States due to concerns over its $36 trillion debt pile. The move sent...

Is United States debt becoming unsustainable? | Business and Economy
World News

Is United States debt becoming unsustainable? | Business and Economy

Moody’s ratings agency has stripped the US of its last perfect credit rating. United States debt has long been considered the safest of...