France’s Lockdowns Force Government to Revise GDP Estimates Lower, Debt to Rise
The latest national lockdown imposed across France to combat the third wave of the coronavirus pandemic has forced its government to lower Full Article
UK’s Public Debt Soars to Record High Even as Lockdowns Start Easing
Amid the ongoing coronavirus crisis, UK's public debt has soared to over £19 billion during the month of February, even as the nation Full Article
US Dollar Ends 2020 on a Bearish Note, Weakness to Continue
The US dollar is all set to end this year on a bearish footing, sliding lower over uncertainties about fiscal stimulus measures in the US Full Article
Trade Deficit Keeps Surging in the US
The US public debt is increasing to $20 trillion Full Article
Australia’s Public Debt Rises, Budget Deficit Set to Soar
Increased fiscal stimulus measures have pushed Australia's public debt to almost 25% of GDP, especially due to higher welfare payments Full Article
France’s Debt to Exceed 115% of GDP in 2020: Budget Minister
France's Budget Minister Gerald Darmanin estimates that his country's debt could rise to over 115% of the GDP by the end of 2020 as a result Full Article
UK Government’s Deficit Could Exceed £300 Billion in 2020
UK government's deficit could soar to as high as £300 billion in 2020 as it ramps up borrowing to tackle the ballooning coronavirus crisis Full Article
US Budget Deficit, Public Debt to Soar on Account of Coronavirus: CRFB
Latest estimates by Committee for a Responsible Federal Budget (CRFB) reveal that US budget deficit could soar to a whopping $3.8 trillion Full Article
US Budget Deficit to Cross $1 Trillion in 2020: CBO
The CBO estimates the US economic growth to touch 2.2% in 2020, however, it has warned that the federal budget deficit would soar beyond Full Article
Global Levels of Debt Rising Faster Than GDP Growth
According to Institute of International Finance, global debt has soared to a record high in H1 2019, crossing $250 trillion. China and US.. Full Article
US Debt Default Deadline Advanced to End Summer: BPC
The US could be on its way to breach its debt limit, possibly as soon as September, advancing its previous estimate for October-November Full Article
What If Italy Leaves the Euro
Italy has formed a new government, but new elections are in horizon. There is a chance that Italy leaves the Euro but what effects would... Full Article
Italian Politics Are Weighing on Markets Today
The market sentiment has turned sour. Everything used to be going fine until a few weeks ago, but now everyone is running for their lives. Full Article
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