Italy risks up to $4 Billion EU penalty over budget, debt
02 June 2019 | 12:33 pm
Francesco Galietti, founder and chief executive officer at Policy Sonar, and David Kohl, head of currency research at Julius Baer, discuss the results of the European elections and a possible disciplinary procedure by the European Commission over Italy's failure to reduce its debt.
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World Bank Group President David Malpass warns that developing countries in particular are facing a large pile of debt as they struggle to leave the coronavirus crisis and recession behind.
At the head of a right-wing coalition, far-right Brothers of Italy leader Giorgia Meloni is gearing up to become Italy's new head of government. On the economic front, she'll be faced with rising consumer prices as well as the ongoing issue of national debt.
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There are just a few days to go until the second round of the presidential run-off in Brazil. Both incumbent Jair Bolsonaro and his left-wing rival Lula da Silva are leaving no stone unturned in trying to convince voters that they've got what it takes to lead the country going forward.
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Find these stories and much more when you grab a copy of The Guardian on Friday.
South Africa approves a funding plan for phasing down coal power. But the hundreds of millions in loans have some citizens worried about supersizing the nation's debt. African leaders at the COP27 summit look to hold wealthier nations accountable for their emissions.
South Africa approves a funding plan for phasing out coal-based power. However, the hundreds of millions in loans have some citizens worried about supersizing the nation's debt.
A court in Mozambique on Wednesday (November 30) started delivering its judgement in a case involving 19 people accused of various crimes for their alleged roles in the disappearance of hundreds of millions of dollars in government-backed loans.
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