What could happen as US debt default approaches
After the U.S. technically reached the $31.4 trillion debt limit in late January, the Treasury Department started taking “extraordinary measures” to keep the country from…
Kenya presidency rules out default as cash crunch delays salaries | Debt News
Kenya’s annual interest payments on domestic debt alone have surged from $1.34bn to $5.09bn in almost a decade, heaping pressure on its cash flow. Kenya…
Power price regulator urged to reconsider 30 per cent increase to Victorian Default Offer
Victoria's energy sector regulator is being urged not to go ahead with a change that could drive up power bills across the state, which social…
Despite a buyer for SVB, default stress haunts banks | Business and Economy News
Finding a buyer for Silicon Valley Bank’s deposits and loans has helped afford an uneasy calm to fragile markets on Monday, which have been roiled…
TikTok sets new default time limits for minors | Business and Economy News
The changes arrive in the midst of growing concerns globally over the app’s security and ability to push certain content. TikTok has said that every…
How free-market extremism became America's default mode
Erik M. Conway and Naomi Oreskes argue that free-market extremism has taken over the U.S. in The Big Myth.(Andrea Donnellan/Kayana Szymczak) How free-market extremism became…
US fiscal standoff: Could the nation default on its debt? | Business and Economy
From: Counting the CostTreasury Secretary Janet Yellen warns of a US default by early June if Congress fails to raise debt ceiling. The national debt…
Will the US default on its debt? | TV Shows
From: Inside StoryThe United States has hit its debt ceiling, triggering a political battle in Congress. The White House has sought to assure Americans that…