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According to Bank of America research, the debt to GDP ratio is approximately 100 percent, which parallels the unprecedented levels seen during World War 2

US debt stands at a staggering $34 trillion: Report

PGurus Newsdesk - January 29, 2024 1

US debt stands at $34 trillion; forecasted to hit $3 trillion by 2030 The US’ mounting debt structure currently stands at a staggering $34 trillion,...

#DailyGlobalInsights #Episode59 The $900b Stimulus 2.0 sets aside $55 billion for reasons that no one can explain. What is known, what is not and where this money is headed is discussed in this must-watch video!

#EP59 Stimulus 2.0 breakdown, US debt balloons, more GOP lawmakers back Electoral College &...

Sahil Mishra - December 24, 2020 0

Sree Iyer: Good morning, namaskar and welcome to episode 59 of daily global insights with Sri and Sree. SridharJi Chityalaji, namaskar and welcome to...

Economists have been seriously concerned for years, and repeatedly asked the US government to effect changes in its spending patterns

US govt’s growing national debt at $34 trillion a boiling frog situation for US...

PGurus Newsdesk - January 8, 2024 1

US economy faces a looming crisis with its soaring national debt The US government's growing national debt at $34 trillion debt is a "boiling frog"...

The US economy could face a "long, slow grind" as huge debts take their toll

‘US economy headed China’s way as debt outpaces growth’: Report

PGurus Newsdesk - September 26, 2023 0

US economy could end up like China's as massive debt weighs on growth, market expert says The US economy seems to be heading the China...

The gross national debt has grown at an alarming pace since then -- by $1 trillion in the last three months alone

US national debt rises to $33 trillion as govt shutdown looms

PGurus Newsdesk - September 21, 2023 0

Treasury yields highest since 2007 after US debt hits a record $33 trillion As the US national debt passes $33 trillion and a government shutdown...

Issues related to Indian and US priorities in addressing global debt challenges, joint efforts to advance the clean energy transition were discussed

India, US discuss G20 cross-border payments, global debt challenges

PGurus Newsdesk - August 8, 2023 0

India & US talk on G20 cross-border payments and global debt challenges India and the US have held wide-ranging discussions on cross-border payments issues including...

The House of Representatives has approved a deal to allow the US to borrow more money, days before the world's biggest economy is due to start defaulting on its debt

As US lawmakers race to prevent catastrophic default, debt ceiling bill overwhelmingly passed in...

PGurus Newsdesk - June 1, 2023 0

A total of 149 Republicans and 165 Democrats voted for the debt ceiling bill and 71 Republicans and 46 Democrats opposed it As US lawmakers...

Joe Biden races against time to resolve debt ceiling crisis deadlocked with House Speaker...

PGurus Newsdesk - May 22, 2023 0

US debt ceiling talks 'productive' as Biden, McCarthy to meet 10 days from the deadline US President Joe Biden has scheduled an SOS meeting with...

The members arrived at a consensus that global policy responses to crypto assets are required

G20 Finance Ministers to address debt stress; discuss Ukraine and crypto assets

PGurus Newsdesk - April 14, 2023 0

Post-pandemic development requirements becoming lot more focussed: FM Nirmala Sitharaman During a two-day meeting, G20 Finance Ministers and Central Bank Governors (FMCBG) recognized the urgency...