US budget deficit forecast $1trln higher over next decade, watchdog says

The Committee for a Responsible Federal Budget’s latest forecasts show a cumulative deficit of $22.7trln from fiscal 2026 to 2035. U.S. federal budget deficits will
Navigating debt and trade: Data show persistent debt challenges for developing countries amid uncertain trade prospects

Low- and middle- income countries (LMICs) have rebounded strongly since the COVID-19 pandemic. Gross national income (GNI) among these countries was resilient in 2023, at
Violent conflict and cross-border lending

How states leverage sovereign debt to support their military endeavours has been examined thoroughly, but the relationship between private finance and armed conflict remains underexplored.
Beyond fragmentation: Building self-reliance in a shifting aid landscape

The global development landscape is undergoing seismic shifts. Foreign aid, a critical lifeline for billions, is shrinking, after becoming fragmented at an alarming rate over the
Too much of a good thing: The role of the global US dollar

A confluence of negative forces – some the result of self-inflicted wounds and rising uncertainty about US policies and others relating to global developments and
Ten challenges facing China’s economy

Depending on how it is measured, China’s economy is now the world’s largest or second largest. It is also the world’s second-most intertwined in terms
Japan to raise foreign direct investment target to $1trln by mid-2030s, sources say

The new targets, to be formally included in the government’s upcoming fiscal and economic policy guidelines in June, represent a sharp escalation from the previous
Crypto platform FalconX partners with Standard Chartered

Crypto prime broker FalconX and global bank Standard Chartered said on Wednesday they had formed a strategic partnership to serve institutional crypto investors. The partnership marks
Global debt hits record of over $324trln, says IIF

The Institute of International Finance (IIF) said China, France, and Germany were the largest contributors to the global debt increase, while debt levels declined in
Saudi market cap surges 463% to $2.7trln, now largest in region

The market capitalisation of Saudi Stock Exchange (Tadawul) has surged by 463% over the last ten years to reach $2.7 trillion at the end of

