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France's Debt Spiral: Tax Hikes Mask A Looming Crisis
France's Debt Spiral: Tax Hikes Mask A Looming Crisis
Submitted by Thomas Kolbe
On both sides of the Franco-German border, the same problem persists: overburdened and reform-averse politicians struggle against a rapidly accelerating debt spiral. Their preferred tool: higher levies.
Last week, France’s Finance Minister Roland Lescure reported a revision of the projected budget deficit for the current year.
Initial estimates for 2026 had suggested a deficit well above five percent. Yet numerous fiscal measures brought last year’s deficit down to 5.1%. For 2026, the Finance Ministry expects it to stabilize at around...
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Study Finds Self-Driving Cars Crash More Often, But Cause Far Fewer Injuries
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Self-driving cars may be involved in more crashes than human drivers on a per-mile basis, but the evidence suggests those accidents are generally far less likely to result in serious injuries or fatalities, according to Aulsbrook Car & Truck Lawyers.
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