Debt

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IMF Extends $150 Billion to Nearly 100 Nations to Address Debt and Conflict Challenges

The International Monetary Fund (IMF) has stepped up its lending efforts, disbursing near-record amounts to approximately 100 countries, underscoring its expanding role in addressing global financial and economic crises exacerbated by geopolitical tensions in the post-COVID-19 era. With rising interest rates and escalating conflicts worldwide, the IMF’s assistance becomes increasingly vital in helping nations confront […]

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Two-Thirds of Global Population in Debt: Exploring the Impacts and Challenges

Debt is a pervasive issue around the world, affecting individuals, businesses, and governments alike. According to a report by the International Labour Organization (ILO) in 2020, approximately two-thirds of the global population, or 68%, are estimated to be in some form of debt. This figure includes both consumer debt and other types of debt such

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IMF reports that global debt has declined but is still much higher than before the COVID pandemic

The International Monetary Fund (IMF) said that public and private debt in 2021 will show the sharpest decline in 70 years after reaching record highs as a result of the COVID-19 pandemic. However, they are still much higher than before the COVID-19 pandemic. According to the IMF, public and private debt will fall by 10%

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A New Ban on Gold?

Gold bans are not improbable and it has already happened in major economies. Whether in the U.S., Germany, or other European countries a gold ban has been in place again and again in recent history. Many will not remember or even know about the last ban, but in the seventies, there was a ban on

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