The global sovereign debt crisis refers to the growing inability of countries to manage and repay their national debts. As highlighted during the AIM Summit Dubai, Kevin McCarthy emphasized that rising interest rates and excessive government spending are pushing even developed countries into dangerous debt levels. This not only affects financial markets but also limits future policy o... https://www.gulfanalytica.com/key-insights-from-kevin-mccarthy-on-global-sovereign-debt-political-polarization-and-emerging-market-trends-at-aim-summit-dubai