Starmer drama has UK markets reliving their Truss nightmare https://www.politico.eu/article/keir-starmer-uk-labour-leadership-turmoil-economy-pressures-pound-slump-stock-market/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication #FinancialServicesUK #Interestrates #Benchmarks #inequality #Investment #Resilience #Elections #Inflation #Politics #Imports #Markets #Budget #Energy #Mayors #Rights #Aging #Banks #Bonds #Media #Trade #Debt #Oil #War #UK

Pakistan faces fresh economic pressure as record global debt, rising oil prices and tightening liquidity threaten inflation and recovery. https://english.mathrubhumi.com/news/world/pakistan-global-debt-economic-pressure-inflation-oil-prices-e1fqqhrg?utm_source=dlvr.it&utm_medium=mastodon #Pakistan #debt #inflation #economy

The folly of providing cash handouts
"relief is obviously temporary, but te #debt is #longterm. There must be a better sol'n than handing out free money for #consumption.. if te question is how to generate #sustainable income growth so #workers can cope w higher living costs on their own, then te answer lies in higher #wages, job creation & #skills upgrading. There's a vast diff'ce btw dd-side & ss-side sol'ns.. Te key concept is #importsubstitution for #Chinese products"
https://www.bangkokpost.com/opinion/opinion/3254768/the-folly-of-providing-cash-handouts

"The Treasury department issued $25bn of new 30-year bonds on Wednesday, with the high yield at auction reaching 5.046 per cent." — From the Financial Times:"The Treasury department issued $25bn of new 30-year bonds on Wednesday, with the high yield at auction reaching 5.046 per cent."#economy #markets #debt #bonds #ust @ft...
https://citizenwatchreport.com/the-treasury-department-issued-25bn-of-new-30-year-bonds-on-wednesday-with-the-high-yield-at-auction-reaching-5-046-per-cent/?fsp_sid=149339

DWP Universal Credit 'deductions' surge as 300,000 more UK households hit

https://fed.brid.gy/r/https://www.mirror.co.uk/money/dwp-universal-credit-deductions-surge-37155820

1 Bloomberg: #Google patent #Alphabet has embarked on a four-month, nearly $60 billion #borrowing spree that ranks as one of the biggest-ever #corporate binges. To get the job done, it’s selling #debt in #euros, #pounds, #Swissfrancs and #dollars, both #American and #Canadian. Earlier this week … 🧵

Britain's local council pensions are betting big on shadow lending, a sector the Bank of England recently flagged concerns over. https://www.japantimes.co.jp/business/2026/05/14/markets/britain-council-pensions-shadow-lending/?utm_medium=Social&utm_source=mastodon #business #markets #bankofengland #debt

P.E.I. electrician says a contractor owes him thousands, and government is responsible
The owner of a Charlottetown electrical company says he still hasn’t been paid $56,000 for work he did over the last year. Matt Eye was hired by a New Brunswick contractor who got paid by the province, but didn’t pay Eye his share.
https://www.cbc.ca/player/play/9.7198785?cmp=rss