OECD: Global debt surges to $25t in 2024
Governments and corporations borrowed a record $25 trillion from markets in 2024, $10 trillion more than pre-COVID…
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Governments
Dollar drops on North Korea fears, offsetting wage data boost
U.S. dollar prices tumbled on Friday on a report that North Korea is preparing to test a long-range missile,…
UK says WhatsApp lets gangsters operate beyond the law
Britain said WhatsApp's end-to-end encryption communication services allowed paedophiles and organised crime groups…
UN peacekeeping missions not a substitute for governments’ role: Sisi
The UN's peacekeeping operations should not replace the role of governments in maintaining peace in conflict areas,…
Libya’s biggest oil field expected to reopen Wednesday after deal
Libya’s largest oil field is due to reopen on Wednesday after a forced closure of more than two weeks, putting…
Big investors urge Trump to stick with Paris climate accord
Investors with more than $15 trillion of assets under management urged governments led by the United States to…
Pope likens migrant holding centers to ‘concentration camps’
Pope Francis urged governments on Saturday to get migrants and refugees out of holding centers, saying many had…
Iraq, Egypt target trade exchange of $2 billion in 2017: official
The Egyptian and Iraqi governments seek to increase the volume of joint trade exchange to around $2 billion at the…
Uber uses secret program to hide from regulators
Uber has been using a secret program to prevent undercover regulators from shutting down the taxi-hailing service…
World governments condemn church bombing in Egypt
The governments of several countries have expressed condolences to Egypt after a Sunday bomb attack targeting a…
Unicef: Fifth of developing world children in extreme poverty
Nearly a fifth of children in developing countries are living in extreme poverty, the World Bank and the UN's…
Draghi to ask governments to chip in to counter Brexit fallout
European Central Bank President Mario Draghi is likely to plead for governments to do more to boost the euro zone's…
Egypt’s PM says basic commodities available at affordable prices is top priority
At the top of the government’s priorities is ensuring that basic commodities will be available to citizens at…
G20 plays by the book as unnerved markets crave succour
For all the hopes of healing world markets, it's hard to see how a 'jarring January' suddenly becomes 'feel-good…
Asian central banks, governments breathe sigh of relief after Fed lifts off
Asian governments and central bankers breathed a collective sigh of relief on Thursday after currencies edged up…
U.S. warns governments, bankers Iran sanctions still in place- Reuters
The Obama administration has privately reminded foreign governments and U.S. bankers that sanctions against Iran…
World’s swelling debt calls for radical surgery
So much for deleveraging. Despite near-universal promises to reduce borrowing, global debt has escalated since the…