
Rich world puts on show its financial quagmire
Published on: Oct. 6, 2025, 6:26 a.m. | Source: The Economic Times
Advanced economies face escalating political dysfunction and debt crises this week. The US shutdown, France's fiscal talks, Japan's new debt leadership, and the UK's budget ordeal highlight global financial strain. EU finance ministers will also discuss funding, underscoring how political discord challenges major economies amid $99 trillion in public debt.