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π±π§β‘οΈβ‘οΈReported visuals are from Labbouneh, Southern Lebanon
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BREAKING: Hollywood producer David Pearce has been charged with 11 counts, including rape and murder, in connection with the fentanyl-related deaths of two women.
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Massive flood due to torrential rain in Al Khairan of Muscat, Oman π΄π² (15.10.2024)
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Massive flooding due to heavy rainstorm in Tamarite de Litera in the province of Huesca, Spain πͺπ¦ (15.10.2024)
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Global public debt will exceed $100 trillion this year for the first time EVER, and will likely continue to rise from there.
A new International Monetary Fund report showed that government borrowing will reach 93% of global GDP by the end of the year and near 100% by 2030 β exceeding a pandemic-era peak of 99%, and 10 percentage points up from 2019.
The report comes shortly before a US election in which both candidatesβ policy promises could add trillions to Washingtonβs already enormous debt burden, although most economists agree Republican Donald Trumpβs plans would add significantly more than Democratic candidate Vice President Kamala Harris.
Other countries also have a growing debt pile, with the IMF warning: βPostponing adjustment will only mean that a larger correction is needed eventually.β
READ | XPOST
A new International Monetary Fund report showed that government borrowing will reach 93% of global GDP by the end of the year and near 100% by 2030 β exceeding a pandemic-era peak of 99%, and 10 percentage points up from 2019.
The report comes shortly before a US election in which both candidatesβ policy promises could add trillions to Washingtonβs already enormous debt burden, although most economists agree Republican Donald Trumpβs plans would add significantly more than Democratic candidate Vice President Kamala Harris.
Other countries also have a growing debt pile, with the IMF warning: βPostponing adjustment will only mean that a larger correction is needed eventually.β
READ | XPOST
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