debt

Yellen: We Have ‘Normal’ National Debt Interest Burden

During an interview aired on Thursday’s broadcast of the Fox News Channel’s “Your World,” Treasury Secretary Janet Yellen stated that the current interest burden of the national debt is at a “normal” level, but President Joe Biden wants to cut

Debt - FILE - Treasury Secretary Janet Yellen takes questions from journalists during a p

China Faces $50 Billion ‘Belt and Road’ Shortfall in Southeast Asia

The Lowy Institute of Australia published a report on Wednesday that found China’s funding for its Belt and Road Initiative (BRI) projects in Southeast Asia is about $50 billion short of its commitments, apparently due to a variety of causes, from political instability in BRI countries to reduced demand for fossil fuel projects.

This aerial photo taken on April 26, 2023, shows a construction site of the East Coast Rai