US debt crisis

Global borrowing topped a record $300 trillion last year ©  Getty Images / Viaframe Major economies that fail to address…

Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional…

Washington’s borrowings have reached $34 trillion for the first time, up by over $6 trillion since President Joe Biden took…

Bond yields have risen substantially in developed countries, with central banks offloading their vast holdings © Getty Images / Viaframe Sovereign…

Kiev has more than doubled its Treasury holdings since February 2022, according to calculations by RIA Novosti © Getty Images /…

Coupled with exorbitant budget spending, Washington’s deficit threatens economic growth, according to businessman Oleg Deripaska Oleg Deripaska © Sputnik / Aleksandr…

Credit rating agency Moody’s hits the panic button as the US debt outlook takes a dive to ‘negative’ Russian Market is…

Balances have soared by a record $150 billion year-on-year © Getty Images / Dmytro Skrypnykov US credit card debt continued to…

Moody’s cites deficits and political polarization as a key reason for the move © Getty Images / Toshe_O International credit rating…

The record was reached just two weeks after the government was given leave to keep borrowing without limits through 2024…