Browsing: governments

According to this year’s Microsoft Digital Defense Report, government agencies and services were the sector most impacted by cyber threats in 2026, accounting for 27% of observed activity, up from 17% in 2025. Governments are also the most frequently targeted sectors for nation-state activity. They are attractive targets because they hold sensitiveinformation, operate essential services,…

The yields on government bonds have reached their highest levels since before the financial crisis of 2008 as the financial markets deliver a directive to governments around the world that they must slash spending on all social services and deepen their attacks on the working class in order to pay for war and rearmament.

For decades, China’s spectacular economic growth was powered by land finance, a fiscal model whereby local governments relied on selling land-use rights and land-backed borrowing as a major source of revenue. To fund development, localities created special-purpose entities, called local government financing vehicles (LGFVs), to borrow off-the-books from banks and bond markets for infrastructure financing…