Soaring debt pushing wealthy nations to ‘fiscal death’ – economist — RT Business News

Soaring debt pushing wealthy nations to ‘fiscal death’ – economist — RT Business News

Source link Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this week, he predicted a “decade of debt,” adding that the borrowing crisis has embraced both developed and emerging […]

Russia’s trade with fellow BRICS country soaring – envoy — RT Business News

Russia’s trade with fellow BRICS country soaring – envoy — RT Business News

Source link Brazil may boost supplies of industrial goods to the sanctions-hit country, Ambassador Rodrigo Baena Soares says Western sanctions on Russia intended to undermine its economy have opened a “window of opportunity” for Brazil, the country’s ambassador, Rodrigo Baena Soares, said on Monday. According to the diplomat, businesses in both countries have adapted to […]

Russian trade with ‘friendly’ states soaring – official — RT Business News

Russian trade with ‘friendly’ states soaring – official — RT Business News

Source link Russia’s trade turnover with neutral and ‘friendly’ countries, defined as those that have not sanctioned Moscow over the Ukraine conflict, has surged over the past year, Foreign Ministry official Dmitry Birichevsky said on Tuesday. According to the diplomat, who heads the ministry’s department for economic cooperation, while imports from the EU and other […]

Israel’s war debt soaring — RT Business News

Israel’s war debt soaring — RT Business News

Source link The government has raised nearly $8 billion in liabilities since October 7, according to the Finance Ministry Israel has raised about 30 billion shekels ($7.8 billion) in debt since the start of the conflict with Palestinian militant group Hamas, the country’s Finance Ministry revealed on Monday. According to the ministry, $4.1 billion of […]