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France Plans €44B Austerity: Holidays Cut to Reduce Deficit
France announces €44B austerity plan including holiday cancellations and spending freezes to reduce budget deficit from 5.8% to 2.8% by 2029, amid warnings of Greek-style debt crisis.
Economy
Our economy coverage turns noise into structure, highlighting what matters now, what is changing, and why it matters.
227 results • page 28 / 38
The Shifting Global Economy: Emerging Markets Set to Dominate by 2050
Emerging economies will dominate global GDP by 2050, with China, India, and Indonesia leading. The green energy transition, demographic advantages, and tech innovation will...
Bulgaria's Euro Adoption: Opportunities and Challenges of Joining the Eurozone
Bulgaria prepares to adopt the euro in 2026 amid mixed public sentiment and lessons from previous Eurozone transitions, while several EU nations remain outside the currency union.
World Bank Warns of Looming Debt Crisis in Emerging Markets
The World Bank warns rising interest rates could trigger a debt crisis across emerging markets, with developing nations facing $66 billion in annual debt payments and slowing...
Global Debt Summit Opens in Geneva as Nations Seek Solutions to $11.4 Trillion Crisis
Global creditors and debtors meet in Geneva to negotiate solutions to the $11.4 trillion developing world debt crisis, focusing on standardized restructuring, climate-linked...
UK Inflation Rate Declines for Third Straight Month
UK inflation fell to 3.4% in May 2025, marking the third consecutive monthly decline. The easing was driven by lower air fares and petrol prices, though food costs continued to...