Middle-Class Americans Grapple with Rising Debt as ‘Kill Line’ Threatens Stability
As 13% of Americans fall behind on payments, CGTN’s Yu Bokun examines the debt crisis engulfing middle-class households and the looming ‘Kill Line’ threat.
Economic Inequality
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Epstein Files Expose Systemic Flaws in U.S. Power Structures
The Epstein files reveal systemic issues in U.S. power structures, overshadowed by media sensationalism and economic inequality.
Rio Gears Up to Host G20 Leaders’ Summit Amid Calls for Global Equality
Rio de Janeiro prepares to host the G20 Leaders’ Summit, highlighting social and economic contrasts and urging the world’s wealthiest to address poverty, racism, and the global climate crisis.
Will the Next U.S. President Improve Life for Ordinary Americans?
Ahead of the U.S. presidential election, ordinary Americans continue to grapple with economic hardships, despite political promises of recovery.
Rockefeller International’s Ruchir Sharma Warns of Capitalism in Crisis
Ruchir Sharma of Rockefeller International warns that global capitalism is in crisis, with overactive governments exacerbating flaws like slower growth and widening inequality, urging a reevaluation of policies.
UN’s 2023 Economic Outlook: Inflation, Inequality, and Debt Pose Global Challenges
UNCTAD’s 2023 Trade and Development Report highlights significant global economic challenges for next year, including inflation, inequality, and sovereign debt, urging pragmatic policies and financial reforms.
U.S. Coalition Calls for Reforms to Address Racial Wealth Gap Amid Pandemic
A coalition of U.S. investors, businesses, and civil society groups is urging the Biden administration to enact reforms to tackle the growing racial wealth gap exacerbated by the COVID-19 pandemic.