Rising sovereign debt levels around the world are seen to be taking a toll on macroeconomic stability, just as squeezed government finances create particular risks for developing countries.

THE PHILIPPINES’ outstanding external debt rose by nearly 10% year on year as of end-2024, the Bangko Sentral ng Pilipinas (BSP) said.

Questions have surfaced around the safety of traveling to the Dominican Republic​ and other Caribbean tourist destinations, including Turks and Caicos Islands​.

Loans are a double-edged sword; when managed properly, they may fuel growth in any given economy, but when excessive, they ...

Growing external debt burdens are crippling the world's poorest countries, a group of former African leaders warned on Thursday as they pushed for a new programme of collective relief from private, ...

Of those, 17 countries spent more than 20% of revenue on interest payments - surpassing a threshold strongly linked to default risk, UNDP said. Rising debt service burdens had surpassed levels not ...

Thailand's central bank on Wednesday said solutions for addressing the country's high household debt problem must ensure good ...

Across the country, many Americans are struggling with ... When higher credit card debt levels meet higher interest rates, it can place a heavy financial strain on many consumer budgets.

South Africa established an expert panel to address issues in Africa during the country’s chairmanship of the Group of 20 ...

The Philippines’s external debt reached an all-time high of $137.63 billion by end-December 2024, as the government and the private sector borrowed more to meet their liquidity requirements, according ...