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Home/Economy

Good Day Friends Latest Articles

Posted in China, China Economy, Consumers, Economy, Growth, Markets, pandemic-stimulus, Recession, Savings, Stimulus, US Debt, us-economy-outlook

The US economy could end up like China’s as massive debt weighs on growth, market expert says

The US economy could end up like China’s as massive debt weighs on growth, market expert says

Chung Sung-Jun/Getty Images The US economy could face a “long, slow grind” as huge debts take their toll, Ruchir Sharma wrote. There has been $8 trillion in new federal spending since 2021, he said in the Financial Times. “Many nations ...

Posted in Dubai, Economy, Finance, MBS, middle-east, middle-east-investment, NEOM, Saudi Arabia, Trending UK, uae, vision-2030, Weekend BI UK Feature

Saudi Arabia and the UAE are battling to become the Middle East’s economic superpower

Saudi Arabia and the UAE are battling to become the Middle East’s economic superpower

Saudi Crown Prince Mohammed bin Salman and Mohamed bin Zayed Al Nahyan have a long-standing relationship. Anadolu Agency // BANDAR ALGALOUD / SAUDI KINGDOM COUNCIL / HANDOUT The United Arab Emirates has long been the economic jewel of the Middle ...

Posted in Biden, Economy, Education Department, mohela, Policy, Politics, Settlement, Student Debt, student loan forgiveness, Student Loans

260,000 student-loan borrowers who were approved for debt relief might be pushed back into repayment anyway, a legacy advocacy group says

260,000 student-loan borrowers who were approved for debt relief might be pushed back into repayment anyway, a legacy advocacy group says

Shutterstock Student-loan borrowers who were part of a 2022 settlement are still waiting for their relief to be processed. A legal advocacy group said a student-loan company is not carrying out the settlement terms correctly. It said some borrowers within ...