Tag: government debt
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Nova Scotia Credit Rating Downgraded by S&P Global Amid Deficit Concerns
Overview: A Downgrade Amid Growing Deficit Fears Nova Scotia’s credit rating was recently downgraded by S&P Global, reflecting rising concerns about the province’s fiscal trajectory. The move comes as Premier Tim Houston has warned that the deficit could surpass $1.4 billion, signaling persistent challenges in balancing annual books even as the province tries to fund…
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Philippines Government Borrowings Jump 75% in November
November Borrowings Surge: What the Numbers Show The Philippines’ national government intensified its borrowing drive in November 2025, with year-on-year data from the Bureau of the Treasury (BTr) showing a 75% jump in total borrowings. The increase reflected a notable tilt toward domestic debt instruments while foreign exchange (FX)–denominated credit remained slower to rise. Analysts…
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Why I’m Not Cheering the Pre-Christmas Rate Cut
Why the timing matters The prospect of a pre-Christmas rate cut from the Bank of England’s Monetary Policy Committee is being pitched as a modest nudge for households and businesses. Yet the most pressing argument against it is simple: inflation remains the dominant foe. With consumer prices still stubbornly high in many sectors, a premature…