Japan’s 21.3T Yen Stimulus: Growth Lifeline or Debt Trap?
Japan’s Cabinet approved a 21.3 trillion yen stimulus to curb inflation and invigorate growth, but with a 240% debt-to-GDP ratio, critics fear it could deepen debt woes and weaken the yen.
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Moody’s Cuts US Credit Rating to Aa1 Amid Rising Debt Pressures
Moody’s Ratings downgrades the U.S. long-term credit rating from Aaa to Aa1 over rising government debt and interest burdens, while shifting the outlook to stable.