(Bloomberg) — External debt payments will average more than 16% of government revenue for the world’s poorest countries this year, the highest level since 1998, Debt Justice, the UK group formerly known as Jubilee Debt Campaign, said in a report published Tuesday.
French Finance Minister Bruno Le Maire said Europe mustn’t be pushed around due to the rivalry between the US and China, standing by President Emmanuel Macron’s comment that the bloc’s countries shouldn’t become vassals in a global crisis.
Emmanuel Macron’s latest attempt to cast the European Union as a balancing power between the US and China will be tested this week as he seeks to enlist support from the Netherlands.
Joe Biden is many things. And some days, above all, he’s Irish.
Less than a month after forcing through the creation of a Swiss banking juggernaut, the country’s government is set to be grilled in parliament this week.
Vice President Kamala Harris will meet with Polish Prime Minister Mateusz Morawiecki on Tuesday to discuss Russia’s invasion of Ukraine.
Divisions are growing within Australia’s main opposition party over its decision to vote against Indigenous recognition in an upcoming national referendum after a key lawmaker quit the shadow cabinet.
A top Chinese official tried to reassure Taiwanese business executives that they are welcome across the strait just as the People’s Liberation Army ended military drills around the island.
North Korean leader Kim Jong Un called for “practical and offensive” war capabilities as his state issued a fresh warning to the US and cut communications links with South Korea used to reduce tensions on their heavily armed border.
The Democrats demanded answers over SVB’s close relationships with its customers.
