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Economy

Senegal Faces Growing Financial Crisis as Debt Levels Skyrocket Beyond Projections.

May 19, 2026 at 12:16 PM

Recent audits in Senegal have revealed a staggering increase in public debt, now estimated at over 132% of GDP, far surpassing previous official figures. The discovery of opaque financial practices and the need for urgent IMF negotiations mark a critical turning point for the nation's economic stability.

20 sources

Senegal Faces Growing Financial Crisis as Debt Levels Skyrocket Beyond Projections

Image Credit : imf-fmi.africa-newsroom.com

Economy

Image Source : businesstimes.com.sg

Thai Corporate Borrowing Surges to Mitigate Geopolitical Risks.

May 19, 2026 at 9:57 AM

9 sources

United States

Image Source : degreecalc.com

Two Decades of Debt: A Mother's Journey to Financial Freedom After Grad School.

May 19, 2026 at 4:11 AM

4 sources

Finance

Image Source : thefintechtimes.com

Argentina Faces Financial Strain as Household Loan Defaults Hit 15-Year Peak.

May 14, 2026 at 1:10 PM

7 sources

A Mother's Legal Struggle Against Student Loan Debt Following a Glitchy Notification

Image Source : businessinsider.com

Finance•

May 14, 2026 at 10:18 AM

A Mother's Legal Struggle Against Student Loan Debt Following a Glitchy Notification.

Ashley Carlson, a mother of two, is embroiled in a two-year legal battle with her lender, SoFi, after a miscommunicated email regarding her $55,000 student loan balance led to a default lawsuit.

7 sources

Finance

Breaking the Silence: How Financial Transparency Saved a Marriage and a Future.

May 12, 2026 at 2:20 PM

Diana Gleason shares her powerful journey of overcoming $20,000 in credit card debt by moving from shame-filled secrecy to radical financial honesty with her partner.

3 sources

Education

Image Source : spectrumnews1.com

Creative Cost-Cutting: How One Student Conquered Debt by Living in a Van.

May 7, 2026 at 4:03 PM

8 sources

Local News

Image Source : lankafreelibrary.com

Investigations Intensify into $2.5 Million Treasury Cyber Theft Scandal.

May 7, 2026 at 11:20 AM

10 sources

Local News

Geopolitical Strategy and Economic Hurdles: A Review of Sri Lanka’s Debt Recovery.

This article explores the intricate balance of Sri Lanka's foreign policy amidst regional shifts and global economic instability, highlighting the urgent need for structural economic transformation to manage looming debt repayment obligations.

May 7, 2026 at 12:10 AM

10 sources

Economy•

April 30, 2026 at 7:31 PM

Fitch Ratings Highlights Growing Concerns Over US Debt Levels Compared to Peers.

Fitch Ratings has expressed concerns that the United States is carrying a significantly higher debt burden compared to other nations with an 'AA' credit rating, driven by an expanding fiscal deficit.

7 sources

Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

April 28, 2026 at 11:31 PM

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

6 sources

Economy

Sri Lankan Savers Face Financial Squeeze Amid Declining Interest Rates.

As Sri Lanka's lending rates decline due to improved banking liquidity, fixed-income earners and retirees face reduced interest income, creating a widening economic divide.

April 27, 2026 at 1:30 AM

7 sources

Technology

Image Source : rg.org

The Rising Crisis: How Online Sports Betting is Fueling Bankruptcy Among Young Americans.

April 24, 2026 at 10:13 AM

8 sources

Education

Image Source : b17news.com

US Education Officials Signal End to Broad Student Loan Forgiveness, Prioritize Repayment Systems.

April 23, 2026 at 6:16 PM

10 sources

Scholar Challenges Western 'Debt Trap' Narrative Surrounding China's Belt and Road Initiative

Image Source : lse.ac.uk

International Relations•

April 23, 2026 at 11:00 AM

Scholar Challenges Western 'Debt Trap' Narrative Surrounding China's Belt and Road Initiative.

Iraqi-Swedish scholar Hussein Askary disputes Western allegations that the Belt and Road Initiative (BRI) traps developing nations in debt, arguing that Western financial institutions are the true source of debt crises.

9 sources

Finance

Citigroup: Reduced UK Gilt Issuance Could Buffer Political Market Volatility.

April 20, 2026 at 10:36 AM

Citigroup analysts suggest that a planned reduction in UK government bond sales may provide a vital cushion against selloffs triggered by political uncertainty.

7 sources

Citigroup: Reduced UK Gilt Issuance Could Buffer Political Market Volatility

Image Credit : wellsfargoadvisors.com

Japan

Image Source : nippon.com

Japanese Opposition Demands Five-Year Fiscal Consolidation Roadmap.

April 20, 2026 at 2:24 AM

8 sources

United States

Image Source : cnbc.com

The Hidden Risks of Private Student Loans: A Growing Crisis for Borrowers.

April 19, 2026 at 9:12 AM

17 sources

Local News

Sri Lanka Strengthens Financial Governance with New Debt Management Office.

Sri Lanka has established the Public Debt Management Office (PDMO) as an independent body to oversee national debt, achieving a significant milestone in fiscal reform and international credit credibility.

April 18, 2026 at 6:50 AM

10 sources

Economy•

April 17, 2026 at 6:57 PM

Ethiopia Faces Legal Action from Bondholders Over $1 Billion Sovereign Default.

A committee representing Ethiopia's international bondholders has initiated formal legal proceedings following the nation's failure to meet payment obligations on its $1 billion Eurobond.

17 sources