Tag #Government Debt

theguardian.com
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UK Borrowing Costs Hit 27-Year High Amid Inflation and Slow Growth

The yield on UK 30-year government bonds reached 5.22% on Tuesday, the highest level since 1998, due to investor concerns about slow growth, high inflation, and the government's £300 billion bond sale plan this year. This comes as the UK economy shrank for a second month in October.

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44% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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UK Bond Yields Soar, Exceeding 4.5 Percent Amidst Market Concerns

The UK's ten-year government bond yield has reached 4.63 percent, exceeding levels from Liz Truss's premiership and surpassing German and Italian yields, reflecting market concern over the government's economic policies and impacting households and economic growth.

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44% Bias Score

Reduced Inequality
fr.allafrica.com
🌐 65% Global Worthiness
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Congo's Oil Debt Reduced to \$16M After Government Reconciliation

The Congolese government certified \$16,043,984 USD in net losses owed to oil companies, a significant decrease from past years, due to improved controls on oil pricing and revenue collection, following a reconciliation process involving government and private stakeholders.

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48% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Federal Debt Buyback Proposed to Boost Australian Productivity

Australia's productivity fell 3.7 percent in 2022-23, despite record work hours. Economist Karen Chester proposes the federal government absorb state debt to incentivize reforms in key sectors like health and education, addressing a "vertical fiscal imbalance" that limits state government action.

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40% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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Australia's Budget Crisis: \$150 Billion Debt Surge and Immigration Overrun

Australia's mid-year budget reveals \$150 billion in additional debt over four years, \$60 billion more than projected, with immigration exceeding targets by 80,000, placing strain on the economy and impacting the upcoming election.

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60% Bias Score

Reduced Inequality
welt.de
🌐 75% Global Worthiness
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Erhard's 1959 Warning: A Turning Point in German Fiscal Policy

In 1959, German Economics Minister Ludwig Erhard warned against Germany's growing consumption, arguing that it threatened economic stability and advocating for fiscal responsibility. His speech in the Bundestag sparked debate, highlighting a shift in German economic policy from fiscal restraint to i...

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44% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Colombia Faces Sovereign Default Amidst Fiscal Crisis

The Colombian government faces a potential sovereign default due to Congress's rejection of a proposed tax reform, leading to a 5.6% fiscal deficit and inability to pay its 30 trillion peso debt, further complicated by a recent minimum wage increase.

Progress

60% Bias Score

Reduced Inequality
lemonde.fr
🌐 75% Global Worthiness
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France's Political Crisis Deepens Amid Soaring Debt and Economic Downturn

France enters 2025 amidst a severe political crisis marked by Prime Minister François Bayrou's low popularity, a soaring national debt of \3,385 billion euros (\50,000 euros per capita), and a worsening economy, all exacerbated by ineffective political dialogue and media amplification of public disc...

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56% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Debt Falls to Three-Year Low in November

In November, UK government borrowing fell to £11.2bn, defying forecasts of £13bn and marking the lowest November figure since 2019, owing to lower interest payments (£3bn) and higher tax receipts, offering Chancellor Rachel Reeves temporary respite from budget criticism.

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48% Bias Score

Reduced Inequality
dw.com
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Republika Srpska's Energy Crisis: Fuel Shortages Force Imports and Price Hikes

Mismanagement of Republika Srpska's power system has caused a fuel crisis at thermal power plants Ugljevik and Gacko, forcing electricity imports at a daily cost of €600,000, leading to a 7.9% price increase and exposing the system's vulnerabilities to potential privatization.

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44% Bias Score

Affordable and Clean Energy
theglobeandmail.com
🌐 75% Global Worthiness
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Canada's Deficit Exceeds Guardrail, But Net Debt Remains Low

Canada's federal government reported a $61.9-billion deficit, exceeding a fiscal guardrail; however, its net debt-to-GDP ratio remains low due to government investments and assets; the focus should be on the value of government spending, not arbitrary deficit limits.

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56% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Return to Classic Investing Strategies Amidst Economic Realities

Major investment forces are returning to classic investing strategies due to high inflation, rising interest rates, and overvalued assets, leading investors to focus on fundamentally strong companies and avoid speculative investments.

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52% Bias Score

Reduced Inequality