More than 20 states in the U.S. already have their versions of a sovereign wealth fund, Alaska's being the largest.
China has the second largest sovereign wealth fund in the world at $1.3 trillion and it has over $16 trillion in debt.
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Govt ends 2024 with P16.05-T debt
THE national government (NG) ended 2024 with an outstanding debt of P16.05 trillion, the Bureau of Treasury reported on ...
THE NATIONAL Government’s (NG) outstanding debt hit P16.05 trillion at the end of 2024 amid higher debt issuances and a stronger dollar, the Bureau of the Treasury (BTr) reported on Tuesday. Data from ...
AI-fueled productivity growth, combined with realistic and constructive immigration reform, would put the U.S. economy on ...
In a statement Flood said, "President Trump is right to pump the brakes on out-of-control federal spending. The tax-and-spend ...
A new lawsuit seeks to force the Treasury Department to stop granting access to its computer systems as Elon Musk and members ...
He said after considering plans to address outstanding pension liabilities, the FG, through the Debt Management Office, will ...
An era of ‘America First’ In his inaugural address, US President Donald Trump recently declared that “the golden age of America” was starting as he listed his priorities on trade, immigration, and ...
FEC has approved a N758 billion bond issuance to settle pension arrears under the Defined Benefit Scheme for federal retirees.
Donald Trump signed an executive order on Monday paving the way for an American sovereign wealth fund. There are many reasons ...
We should be asking a more fundamental question: under what legal authority is the president doing this at all?