Tag: National debt
US committee clears way for debt ceiling vote
House of Representatives The agreement on the debt limit has cleared the first hurdle. (Photo: dpa) The hard-fought compromise in the debt dispute between the US government and the Republicans…
Why the SPD’s big old debt plan will fail
Olaf Scholz The Chancellor held out the prospect of federal aid for debt relief for local authorities. (Photo: AP) Berlin A few days ago, Olaf Scholz (SPD) gave a speech…
Agreement on debt deal – it’s going to be so turbulent now
Joe Biden The US President and the Speaker of the House of Representatives have reached an agreement in the debt dispute. (Photo: Reuters) Washington The US Congress has only a…
Preliminary agreement reached in dispute over debt ceiling
Kevin McCarthy The leader of the House of Representatives wants to speak to the press in the evening. (Photo: AP) Washington President Joe Biden and Republican Kevin McCarthy have achieved…
Agreement in debt dispute “very close”
Kevin McCarthy The leader of the House of Representatives addressed the press on Saturday. (Photo: dpa) Washington The leading Republican in the US Congress, Kevin McCarthy, sees good chances for…
Agreement in sight on dispute over US debt ceiling
Joe Biden (r) and Kevin McCarthy, Speaker of the House Biden’s Democrats need the support of Republicans to reach an agreement. (Photo: dpa) Washington In the United States, the government…
Fitch threatens to downgrade USA’s top rating
U.S. dollar Without an agreement on the debt ceiling, the United States is threatened with default. (Photo: Reuters) Washington, NY The rating agency Fitch takes a somewhat more critical view…
Tensions in the traffic light coalition in the budget dispute are increasing
Christian Lindner and Olaf Scholz The Federal Minister of Finance has been pursuing an austerity plan for a long time, and now Chancellor Scholz is to support a controversial plan…
No agreement with Biden in the debt dispute
Kevin McCarthy The Speaker of the House of Representatives after his meeting with Joe Biden. (Photo: AP) The most recent top meeting in the dispute over raising the US debt…
Time is running out until “Date X” – why the US debt dispute is really serious this time
Capitol in Washington The United States is threatened with imminent default. (Photo: AP) Washington, Dusseldorf The situation is serious: The dispute over the US debt ceiling has escalated so much…
IMF only expects low growth rates in Germany for years to come
Christian Lindner The Federal Minister of Finance has warned the other ministries to be frugal. (Photo: Reuters) Berlin For Christian Lindner (FDP), reading begins pleasantly. In the latest country report…
According to the IMF, Ukraine needs at least 115 billion dollars – who should pay for the aid?
Berlin, Niigata Ukraine’s President Volodymyr Zelensky is expected in Berlin at the weekend. The meetings with Chancellor Olaf Scholz (SPD) will be about further help for the war-torn country. A…
Time is running out until “Date X” – why the US debt dispute is really serious this time
Capitol in Washington The United States is threatened with imminent default. (Photo: AP) Washington, Dusseldorf The situation is serious: The dispute over the US debt ceiling has now escalated so…
State revenues collapse by almost 150 billion euros
Federal Finance Minister Christian Lindner in Niigata “We all have to face this budgetary reality.” (Photo: IMAGO/photothek) Berlin, Niigata The budget problems follow Christian Lindner (FDP) to Japan. While the…
Significantly less tax revenue in 2024
Christian Lindner The Federal Minister of Finance regularly calls on the other ministries to save. (Photo: Reuters) Berlin, Niigata The federal, state and local governments will probably have to make…
Meeting fails to bring breakthrough in dispute over US debt ceiling
From left: Kevin McCarthy, Joe Biden and Chuck Schumer If the debt ceiling is reached, the US could no longer meet its payment obligations. (Photo: AP) Washington Even after a…
Meeting fails to bring breakthrough in dispute over US debt ceiling
From left: Kevin McCarthy, Joe Biden and Chuck Schumer If the debt ceiling is reached, the US could no longer meet its payment obligations. (Photo: AP) Washington In the struggle…
A default by the USA would have these consequences for the world
US President Joe Biden and Speaker of the House Kevin McCarthy In order for the US Congress to raise the debt ceiling, Biden and McCarthy must find an agreement. (Photo:…
Feri-CIO Rapp sees connection to bank failures
financial data The recent crises have followed one another at an ever faster pace – a warning sign? (Photo: mauritius images / Dmytro Olegovich Zakharchuk / Alamy) Frankfurt Is there…
Greece pushes debt ratio
Athens Most EU countries significantly reduced their public debt ratios in the past year. According to the statistics authority Eurostat, the decline in 2022 in the euro area was 3.9…