Geopolitics

Public debt increased to 92.9% of GDP in 2Q - essential-business.pt

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DW NOTE

Portugal's public debt hit 92.9% of GDP in the second quarter — a figure that would have triggered EU alarm bells a decade ago but now lands in the middle of the eurozone pack. Greece is at 155%, Italy at 137%, France at 112%. The entire monetary union has normalised fiscal incontinence; Portugal is simply keeping pace.

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For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

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Public debt increased to 92.9% of GDP in 2Q - essential-business.pt

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