Geopolitics

France's fiscal crisis signals broader sovereign debt reckoning - news.lavx.hu

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DW NOTE

France ran a 5.5% deficit in 2023 before the Strait closed, before energy costs tripled, before the bond vigilantes woke up. Now it's 2026, yields are climbing across Europe, and Paris has no fiscal room left. This isn't a French crisis — it's a preview of what happens when overleveraged sovereigns meet the end of cheap money and cheap oil simultaneously.

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The Indian crude basket hit $123.29 per barrel last week, approaching levels recorded in March 2012, and adding 86% to the price Indian oil marketing companies pay, local media have reported, also noting the effect of a cheaper rupee. Since Indian companies pay for the oil they buy from abroad in U.

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France's fiscal crisis signals broader sovereign debt reckoning - news.lavx.hu

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