#public-debt

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fromwww.theguardian.com
2 days ago

French prime minister's confidence vote and its possible consequences

The French prime minister Francois Bayrou has surprised France by calling a sudden confidence vote on 8 September, saying he needs backing from parliament for austerity measures to reduce France's public debt. Bayrou is almost certain to lose the gamble. All opposition parties from the far-right to the left have said they will vote to topple the prime minister and his minority government after only nine months in office. This would create a fresh political crisis.
France news
San Francisco
fromMission Local
2 weeks ago

One call could've saved S.F. millions. Nobody picked up the phone.

Parks Alliance mismanaged funds, contravening grant agreements and accumulating debt over $2.7 million owed to the city.
UK politics
fromwww.theguardian.com
3 weeks ago

As dark financial clouds gather, Labour has to heed its past: when it chooses austerity, it loses elections | Andy Beckett

Britain faces potential bankruptcy due to excessive state spending and rising public debt.
fromBusiness Matters
1 month ago

Decline in pension fund demand for UK bonds could drive 20bn surge in borrowing costs, OBR warns

A significant drop in pension fund demand for UK government bonds may lead to increased borrowing costs.
fromLondon Business News | Londonlovesbusiness.com
1 month ago

Reeves hit with yet another bombshell as the economy shrinks further as the Autumn Budget approaches - London Business News | Londonlovesbusiness.com

The economy contracted by 0.1% in May, following a 0.3% contraction in April. Growth over the first half of the year is now expected to be modest.
UK news
US politics
fromwww.npr.org
2 months ago

Trump's trade war is raising money for the government, but at whose expense?

Tariffs boost U.S. government revenue but place financial strain on American families.
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