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Harshita Brella died from strangulation, tests say - Northamptonshire Police says the preliminary cause of Harshita Brella's death was strangulation.
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Why the 30-year fixed-rate mortgage isn’t going away under Trump - The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s why that matters to borrowers.50 minutes ago
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Football Daily | San Marino make history and bring Nations League vindication - *Sign up now! Sign up now! Sign up now? Sign up now!* As any Irish football fan of a certain vintage can attest, Liechtenstein can be a famously difficul...1 hour ago
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What Are ATACMS, the U.S. Missiles That Ukraine Fired Into Russia? - In a major policy shift, the Biden administration has authorized Ukraine to use the ballistic missiles within Russia.1 hour ago
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Cher Discusses ‘Hard’ Memoir Process, Confirms New Album on ‘Fallon’ - Rolling Stone - 1. Cher Discusses ‘Hard’ Memoir Process, Confirms New Album on ‘Fallon’ Rolling Stone 2. Book Review: ‘Cher: The Memoir,’ by Cher The New Yo...6 hours ago
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Before history devolves into mythology: 2020’s best books on World War II - Historians grapple with the grimmest, toughest questions surrounding the war, about culpability, morality, and demagoguery during a fraught time.3 years ago
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S&P 500 closes nominally higher amid COVID-19 spikes, muted data - The S&P 500 closed nominally higher on Thursday as investors weighed a resurgence in coronavirus infections and the possibility of a new round of shutdowns...4 years ago
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NPR News: 03-20-2020 3PM ET -4 years ago
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Moving on from Picasa - *Update March 26, 2018*: The Picasa Desktop application will no longer work online, which means that you will not be able to upload or download photos and ...8 years ago
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Bankruptcy in Malaysia - Courtesy of: iMoney.my http://www.imoney.my/articles/bankruptcy/?utm_source=outbrain&utm_medium=CPC&utm_campaign=Traffic_MY_all_RSS10 years ago
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The World's Biggest Debtor Nations
Throughout the financial crisis, many national economies have looked to their government and foreign lenders for financial support, which translates to increased spending, borrowing and in most cases, growing national debt.
Deficit spending, government debt and private sector borrowing are the norm in most western countries, but due in part to the financial crisis, some nations and economies are in considerably worse debt positions than others.
External debt is a measure of a nation's foreign liabilities, capital plus interest that the government and institutions within a nation's borders must eventually pay. This number not only includes government debt, but also debt owed by corporations and individuals to entities outside their home country.
So, how does the US debt position compare to that of other countries? A useful measure of a country's debt position is by comparing gross external debt to GDP. By comparing a country's debt to what it produces, this ratio can be used to help determine the likelihood that a country will be able to repay its debt.
This report takes a look at the world's 75 largest economies to see which ones have the highest external debt to GDP ratio, calculated using the most recent numbers from the World Bank. We've listed the top twenty here.
Since the first time this report was published in April 2009, the debt situations of many countries have become of increasingly influential in the markets. In many European nations, these debt levels have caused international organizations and bond investors to put pressure on governments to cut public debt through austerity measures and additional reductions in spending.
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