The federal government just recorded its third-largest deficit in history when the U.S. ran a $1.7 trillion deficit in fiscal year 2023, which concluded at the end of September. That comes after the expiration of many of the COVID relief programs that drove the country’s two largest defic...
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.Debt Relief: The Okonjos, the Media and UsJonathan ElenduJustusFelaMark LarUMUNNAHWaleAkinolaoluKunle
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On the government front, coronavirus-related figures point to red ink unparalleled since World War II. Economists generally say the most significant measure of debt and deficits is to compare it against the size of the economy, and by that measure the debt is soon to rival the record. CBO ...
“Additionally, the government should lift constraints on H2-B visas by expanding eligibility to include India so there are options available for addressing employers’ needs for additional seasonal workers. Finally, for all franchisees, the Federal Trade Commission should thoughtfully review the Franchis...
The economics of a Trump presidency will likely be inflationary; loose fiscal policy in the form of tax cuts and government spending will raise aggregate demand while protectionist policies tighten and disrupt supply. This suggests the impact on commodity prices will likely be to the upside, though...
She also suggested ways for both great powers to work together, such as on debt relief for Developing Countries and climate change. But the speech still reeked of American self-righteousness. “Even as our targeted actions may have economic impacts, they are motivated solely by our concerns ...
aDominance of the US dollar is not favourable to China's dealing with enormous foreign exchange. This also explains why China is happy to see a relief in the European debt crisis. 美元的优势不是有利对涉及极大外汇的中国的。 这也解释为什么中国是愉快看安心在欧洲债务危机。[translate]...
G8 Agrees US$40bn Debt Relief Deal. (cover story)The article informs that the Group of Eight (G8) countries have agreed to cancel 100% of the debts owed to multilateral institutions by 18 of the world's poorest countries. The G8 countries include Russia and the group of seven countries...