Wednesday, 8th December 2021
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9 Sep
US Treasury Secretary Janet Yellen has warned the US government will run out of money next month. She called on Congress to raise the debt limit in a letter to House Speaker Nancy Pelosi.
17 Aug
Barcelona, Spain, Aug 16 (EFE).- FC Barcelona has debts totaling 1.35 billion euros ($1.6bn) and its economic situation is “worrying,” the club’s president Joan Laporta confirmed Monday, a week after the Catalan giants had to let go of star player Lionel Messi due to financial woes.
4 Jul
IMF and US officials praised the Sudanese civlian government's economic reforms. The African country is now on track to paying off most of its massive debt over the next few years.
23 Jun
Argentina breathes a sigh of relief after the country reached a deal with the Paris Club of international creditors to extend the repayment period for the bulk of its $2.4 billion worth of debt. Without the agreement, the country would have defaulted at the end of July. Plus, Morgan Stanley is reportedly planning to bar unvaccinated staff and clients from entering its offices in New York starting next month and to lift some Covid-19 restrictions in return.
22 May
If it's all about the post-pandemic recovery and if deficits no longer matter, then what about Africa? France is welcoming leaders for a summit devoted to finance and relieving the debt owed by a continent that felt the full brunt of a world economy under lockdown. The age-old question feels more acute than ever: how to be like the US and Europe and earmark huge sums for healthcare, schools, green energy and infrastructure... instead of using the money to pay interest on old debts?
22 May
According to Sudanese PM Abdalla Hamdok, the East African country's total debts amount to some $60 billion. France is hosting a conference of several African leaders offering to assist Sudan's transitional government.
11 Apr
South African University bosses say that there's little chance that student debt could ever be written off. As the cost of edcation in the country mounts, so does frustration. Scotland's University of Aberdeen will give back a looted sculpture to Nigeria. And the Black Mambas are a pioneering all female, Morrocan American football team giving it their all on the pitch.
22 Feb
The change is a key reform demanded by foreign donors and the International Monetary Fund (IMF). The country is hoping to overhaul its debt-laden, inflation-hit economy.
10 Dec 2020
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.⁣ ⁣⁣⁣
7 Mar 2020
Today, one in three Egyptians live just above the poverty line. As a consequence, the rate of micro-credit lending has grown, with women the principle beneficiaries. Some 70 percent of loans in Egypt are given to women, but thousands of them fall victim to loan sharks and even end up in prison. FRANCE 24's Ruth Michaelson reports.
12 Dec 2019
1. Make a budget and stick with it A budget is helpful in many facets of life. Christmas is no different. 2. Don't forget to budget hidden costs Things like holiday travel, Christmas parties or children's activities are easy to overlook, but are an important part of the budget and more.
1 Sep 2019
Argentina is pushing creditors for more time to pay back its debts. The country is hemmed into a worsening crisis. President Macri laid out a series of desperate measures to try and lighten the country’s debt load. They will force investors into short-term notes, issued in the local market to accept longer maturities.

Latest

1 day ago
Clashes erupted in Nairobi after a Kenyan police officer shot dead six people in a rampage on Tuesday (December 7) and then shot and killed himself, a senior police officer and the Directorate of Criminal Investigations said. The officer first shot and killed his wife at their home before setting off with his service-issued AK-47 rifle to shoot dead another four people, the Directorate of Criminal Investigations said on its Twitter account, describing the shooter as a "rogue officer".
1 day ago
Thousands of Sudanese protest across the country in a show of anger over a government deal that reinstated the prime minister but gave the military majority control. Also, Gambia's president wins re-election, but the opposition is crying foul. One competitor has since accepted the result, but two others are refusing to. Finally, protesters take to South African beaches in opposition to oil and gas exploration by energy giant Shell. Activists say the project endangers marine animals and tourism.
1 day ago
The SPD's Olaf Scholz, Germany's next chancellor, has presented his Cabinet ministers for the new government, to be sworn in on Wednesday. He offered a few surprises.
1 day ago
Austria's ex-Chancellor Sebastian Kurz announced he is stepping back from politics. His successor, Alexander Schallenberg, has also announced his resignation.
1 day ago
At least 38 inmates were killed and dozens more injured in a fire on Tuesday at the main prison in Burundi's capital Gitega, the country's vice president said. Twelve died of asphyxia as they tried to flee the burning buildings and 26 died of severe injuries, Vice President Prosper Bazombanza told reporters at the Gitega Prison after the fire. Video Credit: Sos Médias Burundi
1 day ago
Governments and international organizations have said Myanmar's most prominent pro-democracy figure did not receive a fair trial, and accuse the ruling junta of sacking the rule of law in a bid to hold power.