Italy Hits EU Deficit Target at 3%: A Fiscal Win with Hidden Crypto Potential? Italy, under Premier Giorgia Meloni, has nailed a crucial fiscal milestone by approving a 2026 budget framework that sets the 2025 deficit at 3% of GDP, meeting the European Union’s strict ceiling for the first time since 2019. This achievement could […]
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Trump’s Massive Spending Bill: Wall Street Cheers, Bitcoin Braces for Impact Donald Trump’s One Big Beautiful Bill Act (OBBBA) has squeaked through the US Senate with a nail-biting 51-49 vote, marking a contentious step toward extending the 2017 tax cuts and staving off an economic nosedive. Wall Street is clapping like it’s a blockbuster premiere, […]
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Philippines Mulls Reduction in US Treasury Holdings Amid Economic Shifts With over $100 billion in foreign reserves, the Philippines is making a bold move away from US Treasuries. This decision comes in the wake of a Moody’s downgrade of the US credit rating, highlighting growing concerns over the US fiscal deficit, which is the difference […]
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