In July 2025, Congress narrowly avoided catastrophe by raising the debt ceiling to $41.1 trillion through the One Big Beautiful Bill Act. The reprieve was temporary. With the Congressional Budget ...

The fractured alignment between SOEs and policy banks that once underpinned China’s overseas lending model is now breaking ...

Rising national debt in the U.S., China, and Japan poses a significant risk to global financial markets, potentially triggering a sovereign debt default. GLD and precious metals are considered hedges ...

RECENT DEVELOPMENTS in Argentina, Ecuador and elsewhere once again have brought to the fore concerns regarding the ability of creditors of sovereign states and their agencies to recover on the ...

“The United States of America is never going to default, that is never going to happen,” said US Treasury Secretary Scott Bessent on June 1. History suggests that, when it comes to defaults, ...

The fall of President Nicolas Maduro has brought Venezuela's long-running debt crisis back into the global spotlight. One of ...

A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a ...

Venezuela's default-hit government bonds surged on Monday after the surprise weekend seizure of President Nicolas Maduro by ...