America's debt is skyrocketing, and some folks are thinking outside the box to fix it. One idea? Swap some of the country's gold for Bitcoin. This isn't just a random thought—it's a plan backed by some serious people. The idea comes from Sen. Cynthia Lummis. She thinks converting part of the U. S.
Argentina's financial landscape took an unexpected turn. The government revealed plans to repurchase some of its debt. This strategy aims to reduce the country's borrowing expenses. On Monday evening, Argentina's dollar-denominated bonds experienced a significant increase in value. Specifically, bo
Governments worldwide are in a bit of a pickle. They've been spending more than they earn, and the debt is piling up. This isn't new, but it's getting worse. Before the pandemic, global debt was already high, but now it's even higher. And it's not slowing down. Five years ago, when the pandemic hit
AMC Entertainment has made a significant move to improve its financial standing. The company has managed to cut down its debt by nearly $40 million. This reduction is part of a larger plan to reorganize its finances, which was put into action earlier this year. What's interesting here is that AMC a
In a move that shows the power of investor skepticism, a group of major banks, including Banco Santander SA, has decided to shrink the size of a loan meant to finance the acquisition of Verint Systems Inc. by Thoma Bravo. This isn't just a small tweak—we're talking a big cut, from around $2. 7 billi
People are talking about a big U. S. debt situation. Some say Russia knows something about it. But let's focus on the facts. The U. S. debt is huge. It's $37 trillion. That's a lot of money. Some think it will grow to $70 trillion. That's what E. B. Tucker thinks. He's an expert in money matters.
Climate change is not just about rising temperatures and extreme weather. It's also about money. Many countries that are most affected by climate change are also struggling with huge amounts of debt. These countries, which make up the Climate Vulnerable Forum's Vulnerable Twenty Group (CVF-V20), are
The United States is in a bit of a financial pickle. The national debt has ballooned to a staggering $37. 09 trillion, with $9 trillion added in just four years. This massive debt surge has some experts pointing fingers at a decision made back in 1971, when President Richard Nixon ended the gold sta
Big companies are making huge bets on Ether, the second-largest cryptocurrency. BitMine Immersion Technology is trying to raise a massive $24. 5 billion to buy more Ether. At the same time, SharpLink just got $389 million to add to their crypto holdings. These companies are already among the top hol
Inflation numbers are looking better, but that doesn't mean credit card debt is any less of a burden. The latest reports show that prices are rising at a slower pace, which is good news for everyone. But for people struggling with credit card debt, the high interest rates are still a major issue. C
