Germany Must Stabilize Debt in Long Run to Keep AAA, Scope Says
Germany’s debt mountain will need to stop growing in the long term if the country is to retain its top credit grade, according to Scope Ratings.
Rachel Reeves to Attend Brussels Dinner With EU Peers on Energy
UK chancellor Rachel Reeves will join European Union finance ministers on Thursday in Brussels to discuss energy and economic security matters.
Gao, Top China Economist Who Questioned Official GDP Data, Dies
Influential Chinese economist Gao Shanwen, who challenged the reliability of China’s official growth data and was known for blunt assessments of the economy, has died, according to Chinese media reports.
US Trade Deficit Widens to Biggest in More Than a Year
The US trade deficit widened in May as a broad-based increase in imports and a decline in exports propelled the gap to the most in more than a year.
Canada Trade Surplus Hits Four-Year High on Aluminum Exports
Canada’s trade surplus widened to its largest in four years as metals and minerals exports ramped up.
UK Lenders Are Exploring Using Riskier Unfunded SRTs, BOE Says
UK banks are considering unfunded significant risk transfers, according to a report from the Bank of England, which warned that this riskier type of credit hedge is potentially less reliable…
Fed’s Williams Stays Optimistic as Energy Prices Fall
Federal Reserve Bank of New York President John Williams said he expects falling energy prices to drive a drop in overall inflation over the next few months, while reiterating the…
France Unveils New Cuts as Weaker Growth Imperils Deficit Goal
France said it would make €3 billion ($3.4 billion) of additional budget cuts this year as it struggles to keep on track with narrowing the budget shortfall after weaker economic…
Britain Needs £100 Billion a Year to Stabilize Public Debt, Watchdog Says
Andy Burnham faces a £100 billion ($134 billion) challenge if he wants to put Britain’s public finances on a sustainable path, the government’s fiscal watchdog warned.
Forced-Labor Hearings in US Kick Off Fresh Tariff Debate
Three days of panels are scheduled, in the process to rebuild Trump’s tariff agenda















