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June 26, 2025

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Debt

Wall Street stocks tumble
Wall Street stocks tumble

Wolfspeed plunges after reports of potential bankruptcy while Target falls after cutting annual sales forecast

Moody's cuts America's pristine credit rating
Moody's cuts America's pristine credit rating

The downgrade to "Aa1" follows a change in 2023 in the agency's outlook on the sovereign due to wider fiscal deficits and higher interest payments

Pope's death complicates Vatican's debt relief push
Pope's death complicates Vatican's debt relief push

More countries will be forced to choose between honouring their debt and ensuring their future, Paolo Gentiloni, co-chair of the UN Expert Group on Debt says

Uttara kidnap by car ‘an attempt to collect debt’
Uttara kidnap by car ‘an attempt to collect debt’

Police have yet to find the victim named Arif

Greek tragedy no longer a myth
Greek tragedy no longer a myth

What happens if the US defaults?
What happens if the US defaults?

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