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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 - 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"...
IT sector has been estimated to have witnessed a growth of 40-45 percent of jobs in 2023 as compared to 2022

Indian IT sector likely to witness positive hiring turnaround with 8-10% growth in 2024:...

PGurus Newsdesk - 1
Hiring in the IT sector expected to surge by 12-15% in CY 2024 The Indian IT sector, which has seen a contraction in hiring amid...
Today when world is facing challenges, looming economic recession, broken supply chains, food and energy insecurity this calls for closer cooperation with the SCO, says Jaishankar

EAM Jaishankar calls for greater cooperation among SCO nations

PGurus Newsdesk - 0
Global South shouldn't be saddled with unviable debt due to opaque initiatives: Jaishankar at SCO meet On Thursday, External Affairs Minister S Jaishankar called for...
When the burst is recognized publicly due to the failure of some large banks in the weeks ahead, it will be described as a black swan event that could not have been foreseencognized publicly due to the failure of some large banks in the weeks ahead, it will be described as a black swan event that could not have been foreseen

2008 Redux? YES and NO

Shanmuganathan Nagasundaram - 2
Collapse of US HB2.0 underway The US housing bubble 2.0 collapse is actually underway as we speak. Most banks are already internally realizing the same,...
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 - 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...
The majority of immigrants are loyal and trustworthy and want to make a positive contribution, but democratic politicians use them as voters in swing states and on welfare programs

Immigration and its impact on every day Americans and immigrants who are going through...

Team PGurus - 1
Land of Immigrants The USA is a land of immigrants which was founded by people fleeing religious persecution during the mid to late 15th century....
Fitch is either mortally afraid of stating the real reasons or they are really clueless – the readers can come to their own conclusions

Why the Fitch downgrade doesn’t make sense

Shanmuganathan Nagasundaram - 0
Fitch cuts US credit rating from AAA to AA+ Rating agency Fitch recently downgraded the US government’s Foreign Currency Issuer Default Rating from AAA to...
The probability for a much worse than the 1970s inflation or perhaps even hyperinflation in the US Dollar looks to be a very high one

US Economy – At the Crossroads

Shanmuganathan Nagasundaram - 0
Does US Fed know what lies ahead? The pause by the US Federal Reserve in the June meeting while still indicating at least a couple...
Quite unlike in 2008 when the US Fed denied the existence of the housing bubble, Powell has been more realistic this time around

Powell’s “Subprime is Contained” Moment

Shanmuganathan Nagasundaram - 0
Bernanke got the subprime crisis wrong? “Subprime is Contained” – Fed Reserve Chair Ben Bernanke, March 2007. Bernanke, the then Chair of the Federal Reserve had...
Sound policies of RBI, adherence to international regulatory norms provide Indian banking system the resilience to face the bolt of the turbulent Western winds

Amid looming global banking crisis, Indian banking system shown impressive resilience

PGurus Newsdesk - 1
India is well-positioned to tackle the impact of the current US banking crisis and interest rate hikes: CRISIL report Amid the collapse of US-based tech...
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