Government Debt

I Played the National Debt Game as Donald Trump and Here's What I Learned
fortune.com

In March, Trump said in a March interview that he would eliminate the national debt in 8 years, which is virtually impossible. Indeed, in a recent interview with Fortune, Trump flip flopped on his pledge to eliminate the debt, saying instead that it is …

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Puerto Rico government bank reaches debt deal with some credit unions
www.reuters.com

SAN JUAN Puerto Rico's Government Development Bank said it has reached a deal with credit unions to avoid defaulting on about $33 million of debt due on Monday. The GDB, Puerto Rico's primary fiscal agent, said in a statement on Friday that it was …

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Bulgarian Govt Debt Rises to EUR 13.35 B at End-March
www.novinite.com

Bulgaria's government debt increased to EUR 13.35 B at the end of March, compared with EUR 11.60 B a month earlier, according to data from the Finance Ministry. The increaseof EUR 1.75 B in nominal terms reflected the issuing of a EUR 1.994 B …

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Government debt slides slightly to P5.9 T
www.philstar.com

MANILA, Philippines – Higher payments and a stronger peso brought down the value of the National Government's (NG) debt pile as of the first quarter, data from the Bureau of the Treasury showed. NG debt stood at P5.9 trillion as of the end of March …

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The World Needs More U.S. Government Debt
www.bloombergview.com

In other words, we're starving the world of desperately needed financial safety. To some, the idea that the U.S. government isn't issuing enough debt may seem counterintuitive — after all, federal debt outstanding has more than doubled over the past …

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Weak global growth threatens governments debt payments, OECD warns
www.thestar.com

WASHINGTON—Sluggish global growth threatens to keep governments around the world from being able to pay pensions and bondholders, the chief economist of the Organization for Economic Cooperation and Development (OECD) said Wednesday.

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Chinese cities dive back into debt to fuel growth even as defaults rise
www.reuters.com

SHANGHAI With a nod from Beijing, China's local governments have embarked on a massive new round of off-balance sheet debt financing, underpinning a fragile pick up in the economy but raising red flags on financial stability. The increased borrowing …

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