IMF Warns Global Public Debt Nears 100% Of GDP As Fiscal Pressures Mount
The IMF has warned that global public debt is nearing 100% of GDP and could rise further as fiscal pressures, borrowing costs and economic risks mount.
Tag: Global Economy
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Nigeria Ranks 56th Among World’s 60 Poorest Nations
Nigeria has ranked 56th among the world’s 60 poorest countries by GDP per capita at purchasing power parity, falling from 44th position in 2025.
Oil Prices Slide As US And Iran Sign Peace Deal To End Middle East Conflict
Oil prices fell sharply after the US and Iran signed a peace agreement to end months of conflict and begin 60 days of negotiations.
Positive Breakthrough: Oil Prices Drop as US, Israel and Iran Agree to End War
Global crude oil prices fell sharply on Monday after the United States, Israel and Iran reached an agreement to end the Middle East conflict and reopen the critical Strait of Hormuz shipping route. Brent crude, the international oil benchmark, declined by five per cent to $82.90 per barrel. This marks the first time oil has…