Global debt soars by US$29 trillion as US, China drive rapid build-up: report
Global debt reached a record high in 2025, increasing by US$29 trillion, largely propelled by investments from the US and China.
Alberta budget 2026 comes with spending hikes but $9.4B deficit
Alberta's 2026 budget announces significant government spending increases while facing a $9.4 billion deficit and rising taxpayer-supported debt.
Ghana's cocoa crisis deepens as buyers owe banks $750 Million
Ghana's cocoa sector is facing a severe financial crisis with licensed cocoa buyers owing banks up to $750 million due to delayed payments and falling global prices.
Global Debt: Record at $348 trillion โ Explosive increase driven by government deficits
Global debt has surged to a record $348 trillion by the end of 2025, marking the fastest rise since the pandemic, primarily due to increased government deficits.
Mortgage debt soars while starter homes get out of reach for many Canadians
Canadians are increasingly burdened by mortgage debt, with totals nearing $2 trillion, while starter homes become less affordable.
4 in 10 Canadians used credit cards more last year than in 2024: report
A recent report reveals that a significant portion of Canadians have increased their reliance on credit cards, with many struggling to make payments beyond the minimum.
Seafood magnate John Risleyโs firm owes more than US$776 million: court documents
CFFI Ventures Inc., led by seafood magnate John Risley, is facing a lawsuit and ownership transfer due to over US$776 million in debt, with a court ruling expected soon.
The EU plan: more common debt for a super euro
The EU is considering increasing common debt through eurobonds to strengthen the euro's global competitiveness.
Students disappointed by Ontarioโs cuts to OSAP grants, tuition freeze lift
Ontario students express concern over government cuts to OSAP grants and the lifting of a tuition freeze, fearing increased debt burdens.
Rich countries should fear the 'Brazilization' of the global economy, says The Economist
The Economist warns that rich countries should be concerned about the 'Brazilization' of the global economy, characterized by high interest rates and rising public debt.
Google sells a 100-year bond to finance its expansion in AI
Google has issued a rare 100-year bond as part of a global bond offering to finance its expansion in artificial intelligence, amidst rising debt among US tech giants.
Alphabet Bets on Selling a 100-Year Bond to Finance AI Expansion
Alphabet has sold an unusual 100-year bond as part of a global bond issuance worth $31.51 billion to finance its artificial intelligence (AI) expansion amid rising debt among U.S. tech giants.
Eurozone ministers will evaluate the creation of euro stablecoins and more debt issuance
Eurozone finance ministers will discuss enhancing the global role of the euro and strengthening Europe's economic security through the issuance of euro-denominated stablecoins and increased joint EU debt on February 16.
Katseli Law: What Changes in Installments, the Damage and the Danger
The Katseli Law, affecting 350,000 debtors and guarantors, is causing significant backlash among private debt managers following a Supreme Court decision that alters the interest calculation method for these loans, making it a global exception in banking credit practices.
3 Bubbles Threatening the Global Economy.. What Are They?
Experts identify three interconnected financial bubbles threatening the global economy, spanning from artificial intelligence to sovereign debt and cryptocurrencies, which could lead to widespread economic collapse if one bursts.
3 Bubbles Threatening the Global Economy and Warning of a New Financial Crisis
Experts warn that the global economy is facing three simultaneous financial bubbles related to artificial intelligence, sovereign debt, and cryptocurrencies, which could lead to severe corrections and reshape the global economic landscape.
Public Debt: A Time Bomb, Ready to Explode?
Countries have significantly increased their public debt to markets, jeopardizing their spending policies in an increasingly unstable world.
Silver beats Nvidia, gold dominates โ the 7 ETFs for the new stock market era
Silver has surpassed the tech giant Nvidia amidst a historical shift in the markets driven by global distrust in America's debt policy and the dollar.
Bankruptcy of luxury department store chain Saks Global, which sells brands like Chanel and Burberry
Saks Global, the luxury department store chain, has declared bankruptcy but will keep its stores open after securing a $1.75 billion financing package for debt restructuring.
Saks Global: From luxury to bankruptcy โ The collapse after the acquisition of Neiman Marcus
Saks Global Enterprises has filed for bankruptcy protection while securing $1.75 billion in financing, changing its CEO, and attempting a restructuring amid falling sales and increasing debt.
Forget Venezuela and Greenland โ Here is the Real Trillion-Dollar Question
The article discusses how shifts in global trade, research and development, and national debt are reshaping the economy and geopolitics, with a focus on the impending milestone of a nation's debt interest payments exceeding $1 trillion.
Stock Markets, what will 2026 look like?
The article discusses the future of global stock markets in 2026, highlighting the ongoing conflict between the issuance of new public debt worldwide and stock market performance.
Geopolitics: The Future of the World is Decided in Eurasia
This article examines the implications of declining birth rates, high debt, and stagnant productivity for major powers from America to China in shaping the future of Eurasia and the global order.