Poorer economies are limiting investments in health, education, and the climate to avoid default and repay foreign lenders.

Developing nations spent a record $1.4 trillion on servicing foreign debt last year, with the world's poorest and most ...

Pakistan turned to Beijing to solve a crippling energy shortage. Now, the country is crushed by debt and sky-high energy ...

Noting that numerous countries in the Global South are spending more money on their debt interest payment than on critical sectors like education and healthcare, Amitabh Kant, India’s G20 Sherpa, said ...

An unfortunate fact of life during the holidays is that millions of consumers add to their credit card balances. They may ...

The British Gas Energy Trust is now open to applications from state pensioners struggling to pay their energy bills ...

Over the years, Eskom has threatened to disconnect the City of Tshwane, which houses the president's office for defaulting on its debt.

Developing countries spent a record $1.4 trillion to service their foreign debts, as their interest climbed to a 20-year high in 2023, the World Bank’s latest International Debt report has shown.

That goal turned into House Bill 683, which was authored by Rep. Charles Owen. The bill got unanimous approval and was signed ...

There is some positive news for Connecticut’s fiscal outlook. The state is making progress on paying off debt.

Financial institutions, fintechs, and regulators have welcomed new buy now, pay later (BNPL) rules that will finally treat ...

The treasurer of a local township was accused of taking more than $530,000 in funding to pay off credit cards she used for ...