debt

Skyrocketing government debt could rattle global financial markets, BIS head warns

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Rising sovereign debt could disrupt global financial markets, the head of the body that advises central banks said on Sunday ahead of France’s high-stakes parliamentary elections. Agustín Carstens, chief executive of the Bank for International Settlements (BIS), said the global economy was heading for a “soft landing” after the inflation crisis, but he warned that … Read more

Sovereign debt will limit the next government’s ability to invest, says Charlie Nunn of Lloyds Banking Group

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The CEO of Lloyds Banking Group – Britain’s largest lender – has warned whoever wins the general election that he or she will not be able to boost growth by increasing government borrowing. Charlie Nunn said he is a British national debt had been higher over the past fifteen years due to ‘massive shocks’ such … Read more

Historian warns that the debt crisis will destroy American supremacy

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By Dominic Yeatman for Dailymail.Com 05:32 June 22, 2024, updated 06:11 June 22, 2024 America’s status as the world’s greatest power will end for the same reason its predecessors did: crushed by a mountain of debt that politicians can easily ignore, historians warn. And the United States’ century at the top could come to an … Read more

Scientists think they know why people live so long: Moms | CBC News

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Why do people live so long? A new study suggests that a mother’s care could be an important part of that. The Cornell University study says the reason humans and other primates live so long can be at least partially explained by the mother-infant relationship. Maternal care leads to the evolution of “long, slow lives,” … Read more

A victory for the far right in France could trigger a Liz Truss-style debt crisis, the finance minister warns

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. France’s finance minister has warned that the country could face a debt crisis similar to the turmoil in the British government bond market under former Prime Minister Liz Truss if the far-right Rassemblement National wins … Read more

Underwater fault line could cause a major earthquake on the West Coast

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By Nikki Main Science Reporter for Dailymail.Com 8:57 PM June 10, 2024, updated 9:04 PM June 10, 2024 An underwater fault line along America’s west coast could trigger a megaquake that would be more devastating than California’s ‘Big One’, a new study suggests. Using underwater mapping techniques, scientists have mapped the Cascadia Subduction Zone – … Read more

The Lantern Festival, which was feared for scams, is canceled at the last minute

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A lantern festival feared to be a £50-per-ticket scam has been canceled at the last minute due to the risk of ‘thunderstorms’ – despite clear blue skies. Lantern Festival UK had charged thousands of people up to £50 per person to attend the festival, where they would be able to release a fire lantern into … Read more