Rampant inflation is helping reduce the weight of the world’s public debt relative to its economic output, a boon for governments that economists warn could easily backfire if inflation stays unchecked.Some highly indebted European…
Sanctions imposed on Russia are disrupting China’s ambitions to move more exports to Europe, a setback for the $4 trillion effort championed by Chinese leader Xi Jinpingto cement his country as the world’s pre-eminent trading!-->!-->…
Investors breathed a sigh of relief last week after the Russian government made a $117 million interest payment on its foreign debt. But a much bigger payment comes due April 4 — to the tune of $2.2 billion — and…
Even though the Internal Revenue Service is auditing fewer taxpayers these days, you still don’t want to put a target on your back.Among those more likely to get audited: Small-business owners with lots of cash; landlords who…