A financial crisis looms – with or without Starmer
Beyond the political drama lies a stark economic reality. We analyze the underlying fiscal challenges facing the UK, exploring why many experts believe a financial reckoning is inevitable regardless of who holds the keys to Downing Street.
#UKEconomy #Finance #UKPolitics #Inflation #MarketNews #FiscalCrisis
https://www.uk-channel.co.uk/a-financial-crisis-looms-with-or-without-starmer/
A financial crisis looms – with or without Starmer

Capital Economics, the distinguished city forecaster, has predicted that if Starmer is replaced, gilt yields will rise and the pound[...]

UK Channel
Kerala has sought a special fiscal package from the Union government, citing GST losses, borrowing limits and reduced central support, warning of a ₹21,000 crore resource gap affecting welfare and development. https://english.mathrubhumi.com/news/kerala/kerala-seeks-special-fiscal-package-centre-mdxmo2kh?utm_source=dlvr.it&utm_medium=mastodon #UnionBudget #KeralaEconomy #FiscalCrisis #GSTIndia #Kerala

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 

Public Sector Net Debt as % of GDP: Stood at 96.1% at the end of July 2025, up 0.5 percentage points from the previous year – levels last seen in the early 1960s.
#UKEconomy #FiscalCrisis #RachelReeves #GiltYields #LabourBudget
*** UK debt crisis explodes ***
-> 30-yr gilt yields at 5.68% (highest since '98)!
-> Reeves scrambles to fill fiscal black hole with tax hikes or spending slashes. Economy on the brink?
#UKEconomy #FiscalCrisis #RachelReeves #GiltYields #LabourBudget
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.
#YonhapInfomax #KimByungKi #DemocraticParty #FiscalCrisis #TaxReform #YoonSukYeolAdministration #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=74250
Kim Byung-ki Urges Ruling Party to Address Fiscal Crisis—Calls for Bipartisan Tax Reform

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.

Yonhap Infomax
Gold prices are forecast to reach $4,000 per ounce as Wall Street analysts cite a weakening dollar, persistent fiscal concerns, and robust central bank demand as key drivers.
#YonhapInfomax
#Gold #DollarIndex #JPMorgan #CentralBanks #FiscalCrisis
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70559
Wall Street Eyes $4,000 Gold—Weaker Dollar Fuels Bullish Outlook

Gold prices are forecast to reach $4,000 per ounce as Wall Street analysts cite a weakening dollar, persistent fiscal concerns, and robust central bank demand as key drivers.

Yonhap Infomax
US Treasury Secretary Janet Yellen warns of potential debt limit crisis, signaling urgency for Congressional action to prevent economic fallout
#YonhapInfomax #DebtLimit #JanetYellen #USTreasury #FiscalCrisis #CongressionalAction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=62608
Yellen - 'Special Debt Limit Measures May Be Exhausted by August'

US Treasury Secretary Janet Yellen warns of potential debt limit crisis, signaling urgency for Congressional action to prevent economic fallout

Yonhap Infomax