Argentina is facing a growing debt crisis that is straining its economy and edging the nation dangerously close to default. Experts warn that without rapid and far-reaching structural reforms, the country’s financial stability may be severely threatened
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
Canada’s budget deficit for the first ten months of the 2024/25 fiscal year has risen to C$26.85 billion, highlighting ongoing financial challenges. This increase reflects higher expenditures amid economic pressures, as reported by Reuters.
