France teeters on the edge of a government shutdown as budget talks collapse, igniting fears of a crisis echoing recent US shutdowns. Officials are racing against the clock to reach an agreement and safeguard essential public services from disruption
France is facing mounting fiscal pressures as its debt climbs and economic growth slows to a crawl. Experts suggest that Italy’s recent budget reforms and stringent austerity measures offer valuable lessons that could help Paris stabilize its economy and regain the trust of investors
Japan’s debt has skyrocketed to double the size of its entire economy, creating pressing fiscal challenges. Policymakers are now grappling with difficult choices on spending cuts and tax increases, all while navigating slow growth and an aging population, The New York Times reports
