Student debt in the US is old news, but did you know that some 1.8 million people in Britain have student debts running into millions of pounds? According to data accessed by BBC, nearly 1.

UK student debt: 1.8 million owe 50,000 pounds each as total balance crosses 236.2 billion pounds

A pregnant Thai woman faked her own kidnapping to pay off her debt using her husband's savings. The woman colluded with the loan sharks and staged her kidnapping last month, as per a report by South China Morning Post (SCMP).

Pregnant wife fakes own kidnapping to use husband's savings to pay off debt

The G7 leaders are turning their attention to migration on day two of the Summit in Italy. The leaders plan to discuss ways to combat human trafficking and increase investment in countries from where migrants start out. Watch in for more details!

G7 Summit 2024: China & migration top agenda on second day; Pope Francis to address leaders

Leaders of advanced economies are gearing up for the annual G7 meeting in Italy. Indian Prime Minister Narendra Modi is amongst the attendees who has reached Italy to participate in the 50th G7 Summit. He will likely meet US President Joe Biden and Italy's Prime Minister Giorgia Meloni.

G7 Summit 2024 Italy: French President Macron & PM Modi hold bilateral talks

G7 Summit 2024 Italy: G7 agrees on loan to support Ukraine with Russian assets

G7 Summit 2024: Hunger & Debt crisis in focus: Charity Oxfam urges wealthy Nations to boost spending on ending hunger as G7 leaders meet in Italy saying that just 3% of the G7 military spending could help solve the global food and debt crisis. Watch in for more details!

G7 Summit 2024: G7 spending shift could end global hunger, solve debt crisis

G7 Summit 2024: 3% of G7's defence spending can end hunger

IMF chief Kristalina Georgieva announced that Pakistan has requested a follow-up deal after successfully completing its existing programme. Last month, Pakistan and the IMF reached a staff-level agreement on the second and final review of the $3 billion stand-by arrangement. This agreement is poised to release approximately $1.1 billion to Pakistan.

IMF to decide on release of $1.1 BN to Pakistan by late April

A new report by credit rating agency S&P Global highlights the growing fragility of companies around the world. The percentage of companies that have defaulted on their debt more than once has reached its second-highest level since 2008 when the world was hit by an economic slowdown.

S&P: 35% of global defaults by 'redefaulters'

In a bid to woo the young generation in the upcoming general elections, United States President Joe Biden made another attempt at student loan cancellation. With the new plan, President Biden is hoping to deliver on a major campaign promise, which he has so far not been able to fulfil.

Biden plans to cancel student loan debts. Here's what it means for 25mn Americans

China is the largest bilateral creditor to Sri Lanka, which in May 2022 became the first Asian lower-middle income country to default on its sovereign debt in two decades. Watch to know more.

Decoded: China's debt-trap diplomacy

After weeks of anti-India rhetoric, Maldives' President Mohammad Muizzu has shifted to a distinctly reconciliatory tone for New Delhi. The reasons are not difficult to find as the Maldives owes India some $49 million and Male seeks debt relief from New Delhi.

Maldives seeks hefty debt relief from India

The IMF has reached a staff-level agreement with cash-strapped Pakistan on the final review of a USD 3 billion bailout, paving the way for the release of the last USD 1.

IMF reaches staff-level agreement with Pakistan on releasing last tranche of $3 billion bailout

European startups are facing a funding crunch. Venture capital funding in the region has plummeted by over 50% in the past two years, dropping from $130 billion in 2021 to $62 billion in 2023. This funding shortfall is forcing many young companies to get creative with their financing strategies.

European startups turn to complex convertible debt deals

Pakistan is bracing for a crucial Economic Evaluation as the IMF Mission arrives in Islamabad to assess the nation's Financial standing with talks scheduled from March 14 to 18th.

Pakistan: IMF mission to arrive in Islamabad for economic review

Pakistan is reportedly planning to seek a new loan of at least $6 billion from the International Monetary Fund (IMF) to assist the incoming government in repaying billions of dollars in debt due this year.

Pakistan eyes $6bn IMF loan programme to tackle debt burden: Report

Sri Lanka, on Wednesday (Feb 21) said that it exported $20 million worth of tea to Iran to partially pay its $251 million oil debt. The first instalment of the tea-for-oil deal was sent years after it was agreed upon in 2021.

Sri Lanka repays $20m Iranian oil debt with tea

The global debt pile has hit $313 trillion, driven by rising interest rates and government spending. This means higher borrowing costs for everyone, from businesses to countries, and it could have serious consequences.

Global debt soars to $313 tn, driven by rising borrowing costs

The federal cabinet approves a 67% increase in the natural gas tariff. The decision came into effect from Feb 1, apparently to meet the revenue requirement of the gas utilities targeted for the current year. The question remains does the new government have a plan to bring the economy back on track. To know more watch this interview Foreign Affairs expert, Adnan Qaiser.

Pakistan: Economic headache for new government

The federal cabinet approves a 67% increase in the natural gas tariff. The decision came into effect from Feb 1, apparently to meet the revenue requirement of the gas utilities targeted for the current year. The question remains does the new government have a plan to bring the economy back on track.

How bad is Pakistan's debt crisis and can the IMF save it?

The IMF has issued a warning of debt distress in Maldives. Male borrows heavily from Beijing. Is China trying to debt-trap yet another poor nation?

Gravitas | Is China trying to debt-trap Maldives?

Sri Lanka eyes $5 billion in foreign funds. Colombo expects to raise $5 billion in foreign funds over next two years. Sri Lanka anticipates injection of money after debt restructuring. Watch to know more!

Sri Lanka: Colombo expects to raise $5 billion in foreign funds over next two years

Hong Kong court ordered the liquidation of property giant China Evergrande Group. The decision to liquidate the world's most indebted developer was made by Hong Kong Justice Linda Chan. China's Evergrande has more than $300 billion in total liabilities

China's Evergrande ordered to liquidate after plan for $300B debt fails

In the fast-paced world of investing, safe havens often take a backseat for their perceived modest gains. However, if there's one asset that consistently outshines the rest, it's undoubtedly gold. Our next report delves into why gold remains an invaluable asset poised for continued growth in 2024.

Gold shines bright as Global Debt continues to soar

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