budget deficit

France’s borrowing costs top US for first time since 2013

France's 10-year borrowing costs rose above those of the United States on Thursday, October 22, for the first time since 2013. Investors are worried about violent street protests and a budget deadlock in Paris, The Telegraph reported. The selloff has…

Lescure says France needs no bailout amid bond turmoil

French borrowing costs are still close to their highest levels in more than two decades. At the same time, European and international officials are publicly rejecting talk of a new eurozone debt crisis. Their message to Paris is that it…

France now pays more to borrow than many of its companies

France now pays more to borrow than many of its own companies do. A selloff in French government debt has pushed the 10-year yield to almost 5%. The extra yield investors demand to hold French 10-year bonds instead of German…

French bond spread widens again as investors flee to Bunds

France has become the main focus of a global government bond selloff. Its borrowing costs have climbed to their highest level since 2002, and investors increasingly treat its debt less like that of a core eurozone country and more like…

Qatar sells first public bond since Hormuz crisis began

Qatar is selling its first public international bond since November 2025, as the Gulf state seeks to plug a widening budget gap caused by the near-total shutdown of its liquefied natural gas exports during the U.S.-Iran war.

Russian Urals crude crashes to $42, far below budget target

Russian crude oil prices have plummeted to their lowest level in years, with the flagship Urals grade averaging just $41.66 a barrel at Russia's western ports in the first three days of July, according to Bloomberg data reported by Meduza.…

Eiffel Tower closes as austerity strikes grip France

France witnessed a dramatic show of defiance on Thursday as the iconic Eiffel Tower shuttered its doors to visitors while tens of thousands of protesters flooded the streets of Paris and more than 200 cities nationwide. The extraordinary day of…