‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
The national debt is set to reach $40 trillion in the near future if it continues to grow…
Italy calls for EU to treat energy spending like defence in bloc’s budget rules
By Giuseppe Fonte ROME, April 27 (Reuters) – Italian Foreign Minister Antonio Tajani called on Monday for the…
The U.S. borrowed $50 billion a week for the past five months, finds the CBO
The U.S. Treasury’s borrowing showed no signs of slowing as the U.S. headed deeper into fiscal year 2026,…
Colombia’s Fiscal Crisis Is Deepening Under President Petro
The finances of Latin America’s fourth-largest economy, Colombia, are in total disarray. Nearly four years of fiscal mismanagement…
Hong Kong’s finance chief confirms early surplus, vows more elderly support
Hong Kong’s finance chief has confirmed the city will achieve an early operating account surplus thanks to strong…
Italy says deficit to respect EU’s 3% ceiling this year despite weak growth
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italy will cut its budget deficit to 3% of national…
France’s Debt Woes Mount as Fitch Downgrades Credit Rating
Fitch Ratings downgraded France, indicating the upheaval of repeated government collapse has locked the country into an enduring…
France risks credit downgrade as new PM tackles budget
Will Prime Minister Sebastien Lecornu’s first week on the job end with a credit rating downgrade for France?…
China Budget Gap Hits Record in Spending Blitz to Offset Tariffs
(Bloomberg) — China’s budget deficit climbed to a fresh record in the first half, highlighting intensified government efforts…
U.S. debt is so dire it now resembles the student loan crisis
The U.S. is inviting a debt shock if it continues on its current trajectory, which is starting to…