economic-output

Canada blocks debt relief as Congo marks jubilee

Canada blocked an $8 billion debt relief deal for Democratic Republic of Congo in a dispute over mining rights, depriving the African nation of a chance to mark the 50th anniversary of its independence on Wednesday with the accord.

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Canada blocks debt relief as Congo marks jubilee

economic-output

Federal debt reaching alarming rate, congressional budget officer warns

The federal debt will reach 62 percent of the nation’s economic output this year – the highest level since shortly after World War II.

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Federal debt reaching alarming rate, congressional budget officer warns