21st October 2024
- World’s $100 Trillion Fiscal Timebomb Keeps Ticking: Eco Week
IMF urges debt reduction as finance chiefs meet in Washington
Canadian interest rate cut, Russian rate hike anticipated
https://blinks.bloomberg.com/news/stories/SLN4P0T1UM0W
- World Economy Fault Lines Shift From Prices to Politics and Debt
Finance, monetary chiefs gather in DC on cusp of US election
Bloomberg Economics predicts 2024 world growth will slow to 3%
https://blinks.bloomberg.com/news/stories/SLGAA0DWLU68
- US Interest Burden Hits 28-Year High, Escalating Political Risk
Treasury’s 2024 interest bill exceeded US spending on defense
The climb reflects a historically big fiscal gap, higher rates
https://blinks.bloomberg.com/news/stories/SJYZI0T1UM0W
- US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid
Deficit exceeds 6% of GDP for a second straight year
Debt interest costs, Social Security, defense spending climb
https://blinks.bloomberg.com/news/stories/SLI5O7DWX2PS
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