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AI, Crypto, Debt: World Economic Forum Chief Warns Of 3 Major Bubbles
The world should watch out for three possible bubbles in financial markets, including artificial intelligence, the head of the World Economic Forum said on Wednesday, in comments that came amid sharp falls in global technology stocks.
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Inequality Making World More Prone To Pandemics: UN Report
The report called on world leaders to increase pandemic preparedness by investing in "social protection mechanisms" within their countries while also tackling global inequality, including through debt restructuring for developing countries.
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Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
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Blistering Heat, Empty Chairs, C-Word Hit UN's Flagship Development Event
Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - stretching their finances even as government debt climbs to new heights. Two aspects were less abundant: money and power.
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India To Talk To World Bank, Global Watchdog Over Pak's 'Terror Funds' Supply: Sources
India, fresh from the military success of Operation Sindoor, is set to raise the pitch of efforts to highlight globally Pakistan's continued funding of cross-border terror activities, government sources told NDTV Profit Friday afternoon.
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"Planetary Threat": Scientists Exploring How To Beat Heat For Better Sleep
"Rising temperatures induced by climate change and urbanisation pose a planetary threat to human sleep, and therefore health, performance, and wellbeing," according to a 2024 review of scientific literature published in the journal Sleep Medicine.
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Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
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"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
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Rich Countries Offer No Haven From Climate Doom: Study
As sovereign debt investors concerned about climate change scrutinize national responses to rising global temperatures, they're increasingly finding that wealthier nations aren't doing their part to help address global warming.
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Rich Countries Provide No Haven From Climate Doom, Study Finds
Not one country is on track for a 1.5C future based on 2030 national pledges for cutting emissions, according to the Assessing Sovereign Climate-related Opportunities and Risks Project.
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Budget, Debt: Donald Trump's Treasury Chief Faces Urgent Challenges
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
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Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
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Opinion | Act 3, Take 1: Five Economic Planks The New Government Must Focus On
Scan the landscape, and we foresee the global economy resilient in 2024. But a multitude of factors - geopolitical uncertainties, debt piles, tariff friction and climatic disruptions - seethe underneath.
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India's "Vicious Cycle Of Debt Traps" Warning At UN Meet Presided By China
In a veiled attack on China, India said that the international community should work on transparent and equitable financing and be vigilant towards the dangers of unsustainable financing which leads to a vicious cycle of debt traps.
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In Sri Lanka, Jaishankar Warns About Dangers Of "Hidden Agendas". Target Was China
The External Affairs Minister also said that it is important to maintain the Indian Ocean as a free, open and inclusive space.
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AI, Crypto, Debt: World Economic Forum Chief Warns Of 3 Major Bubbles
The world should watch out for three possible bubbles in financial markets, including artificial intelligence, the head of the World Economic Forum said on Wednesday, in comments that came amid sharp falls in global technology stocks.
-
Inequality Making World More Prone To Pandemics: UN Report
The report called on world leaders to increase pandemic preparedness by investing in "social protection mechanisms" within their countries while also tackling global inequality, including through debt restructuring for developing countries.
-
Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
-
Blistering Heat, Empty Chairs, C-Word Hit UN's Flagship Development Event
Brutal heat scorched Spain this week, a blistering reminder of the climate change that is battering the poorest countries - stretching their finances even as government debt climbs to new heights. Two aspects were less abundant: money and power.
-
India To Talk To World Bank, Global Watchdog Over Pak's 'Terror Funds' Supply: Sources
India, fresh from the military success of Operation Sindoor, is set to raise the pitch of efforts to highlight globally Pakistan's continued funding of cross-border terror activities, government sources told NDTV Profit Friday afternoon.
-
"Planetary Threat": Scientists Exploring How To Beat Heat For Better Sleep
"Rising temperatures induced by climate change and urbanisation pose a planetary threat to human sleep, and therefore health, performance, and wellbeing," according to a 2024 review of scientific literature published in the journal Sleep Medicine.
-
Fitch Downgrades China's Rating To 'A', Outlook Stable
Global ratings agency Fitch downgraded China's long-term foreign-currency issuer default rating from 'A+' to 'A' on Thursday, noting weakening finances and debt concerns.
-
"Go Ahead": What Arun Jaitley Told Raghuram Rajan About Tackling Bad Loans
Corruption and delayed planning permits, or land and environmental clearances, contributed to the build-up of non-performing assets - post the global financial crisis - on Indian banks' books, former Reserve Bank chief Raghuram Rajan said.
-
Rich Countries Offer No Haven From Climate Doom: Study
As sovereign debt investors concerned about climate change scrutinize national responses to rising global temperatures, they're increasingly finding that wealthier nations aren't doing their part to help address global warming.
-
Rich Countries Provide No Haven From Climate Doom, Study Finds
Not one country is on track for a 1.5C future based on 2030 national pledges for cutting emissions, according to the Assessing Sovereign Climate-related Opportunities and Risks Project.
-
Budget, Debt: Donald Trump's Treasury Chief Faces Urgent Challenges
One pressing concern for Scott Bessent will be "how to navigate a desire for more protectionism while avoiding a global trade war," EY chief economist Gregory Daco said.
-
Global Public Debt To Hit Record $100 Trillion: International Monetary Fund
Global public debt is expected to reach a record $100 trillion this year, the IMF said, warning that the fiscal outlook for many countries may even be "worse than expected."
-
Opinion | Act 3, Take 1: Five Economic Planks The New Government Must Focus On
Scan the landscape, and we foresee the global economy resilient in 2024. But a multitude of factors - geopolitical uncertainties, debt piles, tariff friction and climatic disruptions - seethe underneath.
-
India's "Vicious Cycle Of Debt Traps" Warning At UN Meet Presided By China
In a veiled attack on China, India said that the international community should work on transparent and equitable financing and be vigilant towards the dangers of unsustainable financing which leads to a vicious cycle of debt traps.
-
In Sri Lanka, Jaishankar Warns About Dangers Of "Hidden Agendas". Target Was China
The External Affairs Minister also said that it is important to maintain the Indian Ocean as a free, open and inclusive space.
