Tag Archives: indebtedness

Paris, France | Xinhua | The indebtedness of the poorest households in the United States was largely financed by the accumulation of savings of the rich, French economic researcher Frederic Cherbonnier said in an article published recently in newspaper Les Echos. The phenomenon locks the American economy in a vicious circle …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have decried the high level of corruption in the country and continued borrowing as the country marks its 58th Independence anniversary. Uganda celebrated its independence October 9, at State House Entebbe under the theme; “Celebrating Uganda’s steady progress towards economic take-off …