COGNICURRENT

The IMF warns that the US national debt is set to reach 140% of GDP within five years if fiscal deficits are not reduced.

At least 13 regions in Finland are seeking additional time to cover accumulated deficits, with some facing restrictions on their decision-making authority due to financial challenges.

A climate scientist warns that Estonia is likely to face significant greenhouse gas emissions deficits and should prepare for purchasing emission units.

Global debt has surged to a record $348 trillion by the end of 2025, marking the fastest rise since the pandemic, primarily due to increased government deficits.

Alberta Premier Danielle Smith warned of significant budget deficits ahead, marking a recurring issue for the province, which has faced budget shortfalls in 13 of the last 18 years.

The article discusses the deteriorating state of the Russian economy and living standards after four years of conflict, highlighting significant budget deficits and declining oil and gas revenues.

Nova Scotia's Finance Minister is set to present a budget that anticipates significant spending cuts and service reductions due to rising deficits.

A study reveals a troubling dual nutritional challenge in Brazil, highlighting rising childhood obesity rates alongside persistent growth deficiencies in vulnerable groups, particularly among indigenous children.

The 2026 school year in Argentina starts with challenges such as salary disputes and declining student enrollment across various provinces.

Slovakia may meet European budgetary rules even with a deficit of 6% in an election year, raising concerns over fiscal responsibility under new rules.

The Congressional Budget Office (CBO) has raised alarms about the rising national debt and its implications for future deficits and interest payments in the United States.

Colonel Ariel Guzmán has been appointed to manage the military social security amid significant debt and operational deficits.

The Left Alliance has announced its withdrawal from a parliamentary agreement regarding deficit targets, citing excessive anticipated deficits.

Mexico's fiscal discussion is entering a new phase with a focus on consolidation to reduce deficits and stabilize debt, amidst rising investments in infrastructure.

Canadian provinces are facing unprecedented budget deficits driven by economic uncertainty, trade tensions, and labor force challenges.

Mikaela Shiffrin leads the women's slalom event at the Winter Olympics, with Croatian skiers Zrinka Ljutić and Leona Popović facing significant time deficits.

B.C. Finance Minister Brenda Bailey has unveiled a budget for 2026 that significantly raises the province's deficit while projecting a path of declining deficits in future years.

The article discusses the alarming financial situation in Czechia, where significant deficits are being recorded even during economic growth, indicating poor financial management and potential trouble ahead.

Marcel Fratzscher, the President of the German Institute for Economic Research, expects the German government to raise the VAT to 21 percent to fill budget gaps.

Argentina's soy production is projected to drop by 600,000 tons due to critical water deficits affecting the crop cycle.

Labor claims the federal budget would be $14bn worse if the Coalition had won the 2025 election, with deficits leading to increased debt and interest payments.

The article explores the psychological profile of individuals who are unfaithful in romantic relationships, highlighting emotional deficits and personality complexities.

Minister Fernando Haddad attributes the fiscal deficits of President Lula's third term to the previous Bolsonaro administration's policies.

Spain's judiciary has criticized the government's social media law for lacking legal precision and security, particularly in its age restrictions for social media access.

Alberta Premier Danielle Smith anticipates substantial deficits for the province due to low oil prices but has dismissed tax increases and major service cuts.

The city of Poços de Caldas has announced the construction of 256 new housing units to improve living conditions and reduce housing deficits.

Banco Master’s liquidation raises concerns that Brazilian taxpayers might bear financial losses due to large deficits linked to the bank.

The Mexican federal government has activated a preventive strategy for the 2026 forest fire season in response to drought forecasts and rain deficits across the north and central regions of the country.

Eight state and municipal pension funds that invested in financial letters from the Master Bank are reported to be in deficit following an extrajudicial liquidation ordered by the Central Bank of Brazil.

Russia's economy is facing serious problems as state revenues plummet due to low oil prices and lack of interest from India, with budget deficits potentially tripling forecasts by 2026.

The National Health Insurance Corporation in South Korea plans to strengthen oversight on over-treatment in medical institutions to reduce financial deficits, as the chairman warns of impending fiscal depletion without adjustment to increasing medical practices.

The article discusses the paradox of the dollar's global supremacy, highlighting how it offers initial advantages but can lead to economic imbalances and trade deficits over time.

Isamaa party leader Urmas Reinsalu suggests that rather than a campaign platform, their focus on budget deficits is a response to the current economic crisis and a signal for potential actions leading to the 2027 elections.

European ambassadors have finalized the details of a 90 billion euro loan for Ukraine, aimed at addressing financial deficits as the conflict with Russia continues into its fifth year.

Serious questions about the completeness of the judicial investigation into the Tembi tragedy are raised by the report of the National Organization for the Investigation of Aviation and Railway Accidents and Transport Safety, along with the statements from Antonis Psaropoulos, father of Marthas.

After Germany's loss to Denmark in the European Handball Championship final, former head coach Heiner Brand praised the team's performance despite the defeat, calling the issues minor.

Spain's Cercanías train services, which account for 82% of users, face significant investment deficits and operational issues, prompting some regions to seek management changes to improve reliability.

In this commentary, Guillaume Tabard discusses the urgent need to resolve the budget issue without exacerbating political abandonments, highlighting that the current budgetary law is not expected to positively impact the economy or reduce deficits, but merely to avert a political crisis.

The Slovak government is struggling with public finance consolidation while failing to effectively cut deficits and lower tax revenue, despite a paradoxical rise in domestic arms exports.

Catalan employers criticize the new funding model as inadequate for not addressing historical financial deficits, with concerns over income tax and new taxes being proposed to increase contributions to Catalonia.

Kay Ruge, the new CEO of the German District Association, discusses the ongoing financial crisis of municipalities facing deficits exceeding 30 billion euros per year.

Ski jumping coach Stefan Horngacher discusses training insights and upcoming competitions during an interview at the German team's base in St. Johann im Pongau.

The article discusses the issues of material deprivation and a lack of social cohesion in society.

Health insurance companies are proposing a contact fee to address revenue deficits, suggesting a charge of three to four euros per patient visit, according to Andreas Gassen from the National Association of Statutory Health Insurance Physicians.

The article discusses the promised tax relief by the government amid rising social contributions and significant budget deficits, questioning the credibility of these promises.

Automatic promotion hides deficits that worsen in higher grades, and solving this complex issue is not straightforward.