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Debt

Billionaire wealth surges by $2 trillion in 2024: Oxfam

January 22, 2025

Billionaire wealth surges by $2 trillion in 2024: Oxfam

The wealth of the world’s billionaires surged to $ 2 trillion in 2024, three times faster than the year before,...

Poorest nations to cut $220b public spending amid crushing debt:Oxfam

October 10, 2023

Poorest nations to cut $220b public spending amid crushing debt:Oxfam

More than half (57 percent) of the world’s poorest countries, home to 2.4 billion people, are having to cut public...

Sri Lankans struggle to afford food as IMF approves bailout

March 22, 2023

Sri Lankans struggle to afford food as IMF approves bailout

Sri Lanka has secured $2.9 billion from the International Monetary Fund — a lifeline for the debt-ridden country. But for...

50m people worldwide in modern slavery; migrants vulnerable

September 13, 2022

50m people worldwide in modern slavery; migrants vulnerable

Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the...

IMF Sri Lanka mission amid unpredictable crisis

May 27, 2022

IMF Sri Lanka mission amid unpredictable crisis

Washington, DC, May 26, 2022: An International Monetary Fund (IMF) team led by Mr. Peter Breuer and Mr. Masahiro Nozaki...

VIEWPOINT: Privatisation of public sector, a brazen contempt of India’s Constitution

December 26, 2021

VIEWPOINT: Privatisation of public sector, a brazen contempt of India’s Constitution

The Modi government is abandoning the Constitution’s basic social philosophy of creating a welfare State, by selling PSEs to a...

August 7, 2010

Tony Abbott’s scare campaign on debt

By Chris Bowen, Minister for Financial Services, Superannuation & Corporate Law, Minister for Human Services, Member for McMahon Melbourne: The...