debt

Chancellor-designate Friedrich Merz (CDU) is standing in the Bundestag election for Chancellor. CDU leader Friedrich Merz has failed the first round of voting in the Bundestag election for Chancellor.

What We're Watching

Friedrich Merz fails to secure chancellorship in shock vote

Christian Democratic Union leader Friedrich Merz did not become Germany’s chancellor as planned on Tuesday after at least 18 members of his coalition either abstained or voted against him.

IMF Managing Director Kristalina Georgieva speaks to the media during an International Monetary and Financial Committee press briefing on Friday, Oct. 25, 2024.

IMF and World Bank close annual meetings with urgent call for fragile economies

At the plenary session concluding the International Monetary Fund and World Bank’s 2024 Annual Meetings in Washington, DC, on Friday, IMF Managing Director Kristalina Georgieva made clear there was no time to rest. Although wealthy countries seem likely to achieve the much-vaunted “soft landing” — reducing inflation without a recession — geopolitical, climactic, and fiscal risks are putting great strain on the world’s most vulnerable economies.

Explaining the long history of US debt (& which other countries are saddled with debt)

GZERO World Clips

Explaining the long history of US debt (& which other countries are saddled with debt)

Sovereign debt is, simply put, the money a country owes to its creditors around the world. Ian Bremmer explains a few more fun facts about debt on GZERO World.