As India prepares for the upcoming Union Budget, a subtle but significant shift in fiscal strategy is taking centre stage. Rather than focusing solely on a headline fiscal deficit number, the ...

US debt increasingly functions less like a conventional balance sheet liability and more like financial infrastructure. It is ...

India's Union Budget 2026 is shifting its focus from a fixed fiscal deficit to reducing the debt-to-GDP ratio, currently at 56%.

This paper estimates the effects of fiscal expenditure consolidations on the entire distribution of public debt-to-GDP for an unbalanced sample of 192 countries over the period 1991-2021. Employing ...

The United States now carries one of the largest public debt loads in history, and the raw figures are staggering enough to dominate headlines and campaign ads. To understand how that burden really ...

The selling spree cast doubts on the perceived stability of the debt-ridden nation.

Inflation itself might provide another explanation for the yen’s weakness. Since 2024 prices rose faster in Japan than in all three of its biggest trading partners—China, America and the EU —about two ...

In July 2025, Congress narrowly avoided catastrophe by raising the debt ceiling to $41.1 trillion through the One Big Beautiful Bill Act. The reprieve was temporary. With the Congressional Budget ...

National debt has become one of the defining pressure points of the global economy, shaping everything from interest rates to social spending. The biggest borrowers are not always the weakest, but the ...