Trump to announce 25% aluminum and steel tariffs in latest trade escalationTrump is set to announce new 25% tariffs on steel and aluminum imports, intensifying his trade policy.The tariffs will be implemented alongside existing duties with additional reciprocal tariffs expected soon.
Emmanuel Macron under pressure to appoint new prime minister this weekMacron faces a political crisis and must appoint a new prime minister amidst challenges of public debt and social divisions.
Spending cuts needed to tackle France's colossal debt, Michel Barnier tells MPsFrance's colossal public debt necessitates spending cuts and tax increases, according to Prime Minister Barnier in his address to parliament.
Emmanuel Macron under pressure to appoint new prime minister this weekMacron faces a political crisis and must appoint a new prime minister amidst challenges of public debt and social divisions.
Spending cuts needed to tackle France's colossal debt, Michel Barnier tells MPsFrance's colossal public debt necessitates spending cuts and tax increases, according to Prime Minister Barnier in his address to parliament.
Five signs of market excesses: What dangers lurk beneath the record highs?Investors face significant risks in the financial markets due to inflated stock valuations, cryptocurrency volatility, and high public debt levels.
US economy added only 12,000 jobs in October in shock pre-election drop business liveUK's increased borrowing poses additional challenges to public finances, according to Moody's.
Joe Biden and Kamala Harris have left America (and their successor) a fiscal nightmareBiden's spending policies have significantly increased public debt, leading to greater financial strain on American families and the economy.
How Trump or Harris would drive the deficit higherPublic debt in the U.S. is projected to reach 125% of GDP by 2035, influenced by candidates' fiscal policies.Both presidential candidates' plans risk increasing the federal deficit significantly, stressing the need for fiscal reform.
The world's $100 trillion fiscal timebomb keeps tickingIMF urges global finance leaders to address rising public debt and prepare for economic shocks.
UK debt hits high ahead of 'painful' budget DW 09/20/2024UK state debt has reached 100% of GDP for the first time since the 1960s, prompting urgent government action.
Labour told growth plan will fail without 50bn investmentThe Labour government must increase annual investment by £50 billion to reach its economic growth target.
UK government borrowing surges to 16.6bn in September, exceeding forecastsGovernment borrowing in the UK surged to £16.6 billion in September, heightening fiscal pressures ahead of Chancellor Rachel Reeves' first Budget.
Joe Biden and Kamala Harris have left America (and their successor) a fiscal nightmareBiden's spending policies have significantly increased public debt, leading to greater financial strain on American families and the economy.
How Trump or Harris would drive the deficit higherPublic debt in the U.S. is projected to reach 125% of GDP by 2035, influenced by candidates' fiscal policies.Both presidential candidates' plans risk increasing the federal deficit significantly, stressing the need for fiscal reform.
The world's $100 trillion fiscal timebomb keeps tickingIMF urges global finance leaders to address rising public debt and prepare for economic shocks.
UK debt hits high ahead of 'painful' budget DW 09/20/2024UK state debt has reached 100% of GDP for the first time since the 1960s, prompting urgent government action.
Labour told growth plan will fail without 50bn investmentThe Labour government must increase annual investment by £50 billion to reach its economic growth target.
UK government borrowing surges to 16.6bn in September, exceeding forecastsGovernment borrowing in the UK surged to £16.6 billion in September, heightening fiscal pressures ahead of Chancellor Rachel Reeves' first Budget.
Can France cut spending without stoking recession? DW 10/04/2024Michel Barnier faces significant challenges managing France's 2025 budget amid rising public debt and a divided parliament.
The Best Books About the Economy to Read Before the 2024 ElectionUnderstanding economic policies is crucial for voters concerned about housing, groceries, and taxes.
Can France cut spending without stoking recession? DW 10/04/2024Michel Barnier faces significant challenges managing France's 2025 budget amid rising public debt and a divided parliament.
The Best Books About the Economy to Read Before the 2024 ElectionUnderstanding economic policies is crucial for voters concerned about housing, groceries, and taxes.
Global government borrowing is set to top $100 trillion - and shows no signs of slowing downGlobal public debt is projected to exceed $100 trillion, raising risks of a financial crisis.Key factors include political uncertainty, spending pressures, and resistance to tax increases.
Jamie Dimon wants to hit millionaires with 'Buffett Rule' to tackle national debtAmerica's public debt is unsustainable without economic growth and tax reforms aimed at middle-income families.
Global government borrowing is set to top $100 trillion - and shows no signs of slowing downGlobal public debt is projected to exceed $100 trillion, raising risks of a financial crisis.Key factors include political uncertainty, spending pressures, and resistance to tax increases.
Jamie Dimon wants to hit millionaires with 'Buffett Rule' to tackle national debtAmerica's public debt is unsustainable without economic growth and tax reforms aimed at middle-income families.
Labour MP pushes for watchdog to assess PFI costs under budgets billStella Creasy seeks to scrutinize PFI liabilities and trade deals under a new budget responsibility bill to address public debt effectively.
Government borrowing surges to 3.1bn as Reeves faces growing pressure to raise taxesUK public sector borrowing rose unexpectedly in July, complicating budget preparations for newly appointed Chancellor Rachel Reeves.
Portugal is no longer a problem for EuropePortugal emerges as a diligent student in Southern Europe, with decreasing public debt, high budget surplus, record-breaking tourism, low unemployment, and shrinking inflation.
Behind the IMF's warning to Biden and Congress on deficit spendingThe IMF alarm about US fiscal slippages and growing public debt, impact on global economy. Costly servicing US debt increases with deficit spending.
Jamie Dimon says whoever is elected president can't sit in denial and must realize 'we have a problem' with national debtThe next U.S. administration faces the challenge of balancing the national public debt with GDP to avoid potential economic crises.
Market Confidence Could Quickly Crumble, BIS Warns Indebted NationsHeavily indebted nations face market confidence risk, cautioned BIS