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Nalezeno "US Debt": 670

Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt


Blockchain file-sharing and payment network, LBRY, announced the termination of its operations, citing "several million dollars" in debts owed to the SEC, its legal team, and a private debtor.... Read More: Blockchain Firm LBRY Ceases Operations, Cites Insurmountable Debt

Supporting 2 Wars Is Feasible Despite US Debt Surge, Says Yellen


After the United States recently accumulated hundreds of billions in debt and directed over $75 billion to Ukraine, U.S. Treasury Secretary Janet Yellen assured on Monday that the nation is financially equipped to back two wars. U.S. Can ‘Certainly Afford’ 2 Wars Yellen Insists Amid Rising Debt...

South Korean Debt Collectors Coming for Crypto Holders


South Korean debt collectors are now seizing crypto in insolvency cases – and may soon be granted even more power to confiscate coins. Per Hanguk Kyungjae, the Korea Deposit Insurance Corporation (KDIC), a firm that operates under the Financial Services Commission (FSC), has begun “seizing...

Record $307 Trillion Global Debt Puts World Economy on Alert


In the first half of 2023, global debt increased by $10 trillion, reigniting concerns about its impact on the world economy and the potential for a financial crisis, according to data released by the Institute of International Finance (IIF) on Tuesday.  The report disclosed that the overall debt...

Global Debt Spikes to Record $307 Trillion Driven by US, Developed Nations


The world’s debt has surged to a record high level in the second quarter, according to the Institute of International Finance (IIF). The increase has also helped lift the global debt-to-GDP ratio which had been declining for seven quarters but is now projected to reach 337% by the end of this year....

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