#debt (6 Posts)
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North Korea's Infrastructure Disappears Amid Loan Dispute
North Korea dismantles streetlights along the Gyeongui Line Railway and Donghae LineMinistry of Unification asserts North Korea’s obligation to repay for projects under loan agreementsLast year, mines were installed along these railways and roads On the 18th, the South Korean Ministry of Unification revealed North Korea dismantled dozens of streetlights on the Gyeongui Line and […]
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'North Korean Paris Hilton' Turned Conservative Activist Shaking Up American Politics
Human Rights Activist Park Yeon MiTransforms into an American Right-Wing StarCalled as the North Korean Paris Hilton The recent activities of Park Yeon Mi, a North Korean defector and human rights activist, have sparked conversation, and last year, The New York Times reported that Park has transformed into a fearless critic of the American progressive […]
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National Debt Reaches Historic Highs, Prompting Concerns
The 2023 fiscal year national accounts report has revealed a national debt of $816.7B with a fiscal deficit of $63B . On the 11th, the government reviewed and approved the 2023 fiscal year national accounts report. According to the report, last year’s national debt reached a record high of $816.7 billion. The fiscal deficit, a […]
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North Korea's 50-Year-Old Debt: Sweden Still Awaiting Payment For Volvos Sold in 1975
North Korea-Sweden Debt RelationshipSweden Exported Volvo to North Korea 50 years agoNorth Korea Still Hasn’t Paid Is there any country that is friendly with North Korea? Surprisingly, Sweden, a Nordic country, was the first Western nation to establish diplomatic relations with North Korea. After establishing these relations, they even exported cars to North Korea, but […]
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U.S. Debt Time Bomb: National Debt Crisis Looms with 250% GDP Ratio by 2053
Wall Street warns of impending U.S. debt crisis due to soaring deficits, skyrocketing debt, and higher interest rates.
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U.S. Fiscal Outlook and the Risk of Prolonged High Long-Term Interest Rates
Analysts caution that U.S. Treasury bond concerns may sustain high long-term interest rates despite interest rate cuts.