US Expresses Willingness to Support Argentina Amid Financial Crisis
US Treasury Secretary Scott Bessent has stated that the United States is prepared to intervene to help stabilize Argentina's deepening financial crisis. Bessent emphasized that all options for financial stabilization, including buying Argentine pesos and government debt, are on the table. Argentina,... [More info]
🚨 UK govt borrowing explodes to £18bn in Aug - highest in 5 yrs!
-> YTD at £83.8bn, £11.4bn over OBR forecast & £16.2bn up from last year!
-> Tax rises on the horizon?
#UKEconomy #Budget2025 #FiscalCrisis #UKPolitics #RachelReevesMP #UKLabour #CostOfLivingCrisis
Kim Byung-ki, acting leader of South Korea's Democratic Party, blamed the ruling party for the nation's fiscal crisis and called for bipartisan cooperation on tax reform to address revenue shortfalls and restore fiscal stability.