President Joe Biden’s administration has officially notified Congress of its intention to forgive Ukraine’s $4.65 billion debt, a move tied to ongoing efforts to support the...
Friedrich Merz, leader of Germany’s conservative Christian Democratic Union (CDU), announced on Wednesday that the constitutional debt brake, which limits public deficits to 0.35% of Gross...
Financial hegemony suffered its first major blow in the 2008 crisis. This crisis, fuelled by the over-indebtedness of low-income borrowers in the US, revealed that financial...
