newsmart – Business

nytimes.com | 12 hrs. 35 min. ago

France’s Avoids a Debt Downgrade From Moody’s, but Is Given a Warning

Moody’s held the country’s credit rating steady amid political uncertainty and a rise in borrowing costs that have worsened France’s debt situation.

euronews.com | 22 hrs. 19 min. ago

France's bond drama takes centre stage ahead of ECB rate decision

The European Central Bank is expected to hold rates next week as France's bond sell-off tightens borrowing conditions across the eurozone, while ECB President Christine Lagarde has made clear that the first steps to tackle French debt woes must come from Paris, not Frankfurt.

theguardian.com | 1 days ago

Reader Q&A: what’s next for France? Ask our Europe columnists

Guardian Europe columnists Rokhaya Diallo and Alexander Hurst will be live taking questions from readers about the riots and protests in France at 3pm BST / 4pm CEST today. Send your questions by email now to conversations@theguardian.com or join the discussion in the comments nowAfter weeks of protests and a weekend of riots in which a town hall was set ablaze, 2,000-plus shops were looted, 2,300 people were arrested and 1,000 police injured, the repercussions for France – for its society and its economy – continue.

Allegations of police brutality surfaced, and the violent protests unnerved investors, resulting in a debt sell-off, with borrowing costs rising higher than for Greece. All of this ahead of a hotly contested presidential election that’s now just six months away.The French government’s escalating financial problems were covered by the Guardian’s Europe correspondent Jon Henley who wrote: “France’s national debt, at 119% of GDP, is at its highest level since 1946. Its budget deficit, at 5.1%, is also among the highest in the EU.

There is just no money in the bank to ease the cost of living squeeze that brought 550,000 people on to the streets on Saturday.” Continue reading...

ft.com | 1 days ago

Beware Bessent’s tilt towards short-term debt

If inflation and debt rise and AI optimism falls, then the danger of reducing Treasury maturities grows

cnbc.com | 1 days ago

AI debt and French bonds face a stress test — why it may not be over

Bond markets are signaling unease over AI financing costs and sovereign debt in parts of Europe. More stress tests are coming.

nypost.com | 1 days ago

Getty Images files for bankruptcy amid mounting debt and AI competition

The content provider announced last week that it was planning to file in Delaware bankruptcy court after its near $4 billion merger with rival Shutterstock collapsed due to British antitrust challenges.