BIS warns of looming government debt crisis
The Bank for International Settlements (BIS) warns of a looming government debt crisis, urging immediate action from policymakers to prevent financial market destabilization and economic damage; rising U.S. and UK debt, coupled with political uncertainty, fuels concerns.
BIS warns of looming government debt crisis
The Bank for International Settlements (BIS) warns of a looming government debt crisis, urging immediate action from policymakers to prevent financial market destabilization and economic damage; rising U.S. and UK debt, coupled with political uncertainty, fuels concerns.
Progress
44% Bias Score
UK Government Borrowing Hits Second Highest October Record
UK government borrowing rose to £17.4bn in October, exceeding predictions and marking the second highest October figure since records began. Higher interest rates, increased spending, and public sector pay rises contributed to the rise.
UK Government Borrowing Hits Second Highest October Record
UK government borrowing rose to £17.4bn in October, exceeding predictions and marking the second highest October figure since records began. Higher interest rates, increased spending, and public sector pay rises contributed to the rise.
Progress
28% Bias Score
No-Confidence Vote Threatens to Oust French Prime Minister Amid Budget Crisis
French Prime Minister Michel Barnier faces a no-confidence vote on Wednesday, potentially leading to his ouster amidst a political crisis and a €60 billion budget plan to reduce the country's large deficit, exceeding 6% of GDP, and meet EU requirements.
No-Confidence Vote Threatens to Oust French Prime Minister Amid Budget Crisis
French Prime Minister Michel Barnier faces a no-confidence vote on Wednesday, potentially leading to his ouster amidst a political crisis and a €60 billion budget plan to reduce the country's large deficit, exceeding 6% of GDP, and meet EU requirements.
Progress
40% Bias Score
AIReF Rejects Spain's Fiscal Plan
Spain's Fiscal and Structural Plan is criticized by the AIReF for lacking detail and sufficient measures to meet EU deficit and debt reduction goals.
AIReF Rejects Spain's Fiscal Plan
Spain's Fiscal and Structural Plan is criticized by the AIReF for lacking detail and sufficient measures to meet EU deficit and debt reduction goals.
Progress
0% Bias Score