Debtor News - South Africa

An increase in bankruptcies, coupled with concerns about corruption and an inefficient legal system in Sweden, is prompting caution among international business partners. Experts are sounding the alarm over the risks involved in collaborating with Swedish companies.

US federal debt has hit unprecedented levels, surpassing 33 trillion dollars, equivalent to 129% of the American GDP. Interest payments on this debt reached a staggering $659 billion in the current fiscal year, more than twice the entire GDP of the Czech Republic.