Mathrubhumi EnglishFeb 22
A Pakistani media article claims citizens face high taxes without adequate welfare benefits. https://english.mathrubhumi.com/news/world/pakistan-high-taxes-no-welfare-citizens-plight-xslcr4ds?utm_source=dlvr.it&utm_medium=mastodon #PakistanEconomy #FiscalCrisis #TaxBurden #Economy #Pakistan
geraldine_brownFeb 10
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
Mathrubhumi EnglishJan 11
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
weepinbell2840 at KillBaitSep 23, 2025

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]

Darren FowerSep 19, 2025

🚨 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 

Darren FowerSep 2, 2025
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
Darren FowerSep 2, 2025
*** 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
Michael A. Gayed, CFAFeb 18, 2025

US Debt Interest Has Hit a Mind-Blowing $1T – No Joke

Interest on US debt just soared to $1T – that’s more than what we spend on defense!

Our ballooning debt is a wake-up call that we can’t ignore.

Don’t take my word for it – see the data in this graph 📊

Are we on the brink of fiscal chaos?

#Debt #FiscalCrisis #Deregulation 😱

Poetry NewsSep 30, 2023

Crisis
Fiscal woes, debts due
Biden abroad, McCarthy too
Threat of default looms
Shutdown's looming doom

#fiscalcrisis #shutdown #joebiden #kevinmccarthy #cinquain #poetry

https://www.nbcnews.com/politics/white-house/biden-taking-hands-approach-looming-shutdown-rcna117351

Why Biden is taking a hands-off approach to the looming shutdown

The last time the U.S. was facing a fiscal crisis, President Joe Biden cut short an overseas trip and swiftly met with House Speaker Kevin McCarthy to try to avert a debt default two weeks before the deadline.

NBC News