France’s Political Turmoil Hits Private Sector
France’s private sector unexpectedly contracted as wrangling over the budget prolonged fiscal uncertainty for Europe’s second-largest economy. S&P…
UK Borrowing Overshoots by £7.2 Billion Before Key Budget
Britain’s government borrowed £7.2 billion ($9.6 billion) more than forecast in the first six months of the fiscal…
France Gets Debt Warning as S&P Downgrades in Unscheduled Move
S&P Global Ratings downgraded France, dealing another blow to the country’s credibility as a weakened minority government struggles…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…
UK Borrowing Reduced by £2 Billion After Tax Error Uncovered
UK borrowing in the first five months of the financial year was £2 billion ($2.7 billion) lower than…
Chinese Fiscal Spending Slowdown Persists in Risk for Growth
China’s government spending increased at a slower rate for the second straight month, underscoring how weaker fiscal support…
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch…
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…