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fromwww.theguardian.com
1 week ago

France on the brink: how a budget deficit became a political crisis

France is stuck in economic limbo, without a budget and soon, possibly, without a government. The prime minister, Francois Bayrou, has called for parliament to hold a confidence vote on 8 September and, now that parties of the left and far-right have pledged to bring the government down, on paper he doesn't have the numbers to win. On Tuesday the Socialist Party (PS) added its voice to the dissenters, allying it with the Greens and the far-right National Rally.
France news
fromwww.theguardian.com
2 months ago

The global south needs more than tinkering at a conference: debt forgiveness is the only fair way | Kenneth Mohammed

average borrowing costs in Africa are almost 10 times higher than for the US, fueled by perceptions of risk propagated by international credit rating agencies.
US politics
Cryptocurrency
from24/7 Wall St.
4 months ago

It's Been 40 Years And US Sovereign Debt Has Never Looked Like This

Investor concerns over sovereign debt risk are causing notable Treasury yield fluctuations.
Short-term Treasury ETFs are appealing for those seeking stable income.
A 10-year Treasury yield at 5% indicates a good buying opportunity for long-term investors.
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