World Debt

Wealthy nation creditor club sees tide shifting as debt defaults decline

A string of defaults, from Zambia to Sri Lanka, began in 2020 when the Covid-19 pandemic triggered a series of economic shocks

I.I.M.U.N - a Youth run non-profit: spreading Indian-ness across the world

Spreading Indian-ness across the world!

UK gets record demand for debt that acts as protection against inflation

The huge demand for the bond comes as the UK increasingly looks like an outlier in the global fight to quash soaring inflation

Statsguru: G20 puts the rising debt burden of poorer countries in focus

The World Bank noted in December 2022 that the poorest countries saw their debt treble to $1 trillion over the decade ending 2021

Developing world may need to find $2.5 trn over 5 yrs to meet debt costs

A greater proportion of poorer-country debt is now owed to commercial lenders, which offer shorter maturities, and capital markets have largely closed to many governments

Why a historic cascade of defaults is coming for developing countries

Sri Lanka was the first nation to stop paying its foreign bondholders this year, burdened by unwieldy food and fuel costs that stoked protests and political chaos

World's $281 trillion debt pile set to rise again in 2021, says IIF

In emerging markets, South Africa and India had the biggest increases in government debt ratios last year

Record $164-trn global debt clouds IMF's otherwise upbeat economic outlook

Surging private-sector debt, particularly in China, is driving the build-up