New data published by the Bank of Italy shows that the public debt of the Italian government surged by almost ($5.6 billion) over the first five months of 2023, reaching…

The budget deficit of the US federal government increased sharply during the first three quarters of the fiscal year, coming in at $1.39 trillion in June, according to numbers revealed…

In a new report released on Wednesday, the Congressional Budget Office (CBO) has reported that over the next three decades, the US national debt will nearly double, and interest payments…

In May, the public sector debt of Britain hit the highest level in over 60 years, rising above the nation’s annual economic output, according to the Office of National Statistics…

According to the latest data from Italy’s central bank, the nation’s state debt has continued to skyrocket, surging by €22 billion ($24.1 billion) in April month-over-month to reach a record…

This week, for the first time ever, US national debt passed the $31 trillion mark, according to Treasury Department data released on Friday. The record was set less than two…

According to a statement released Thursday, China Chengxin International Credit Rating Agency (CCXI) has cut the United States’ sovereign credit score by one notch earlier in the week, making it…

Late Saturday it was announced that President Joe Biden and House Speaker Kevin McCarthy have reached a tentative agreement on raising the debt ceiling, ending a standoff which had threatened…

Goldman Sachs economists are warning that their calculations show the United States may cease to be able to pay its obligations as soon as June 9th. In an interview with…

In a letter to lawmakers on Friday, Treasury Secretary Janet Yellen extended the predicted deadline when the US would begin to default on its obligations, as Joe Biden and Republican…