Haddad Targets Budget Deficit with New Spending Cuts Finance Minister Fernando Haddad is implementing a second wave of spending cuts to tackle Brazil's budget deficit and public debt, currently near 10% of GDP.
U.S. Public Debt Soars to 98% of GDP Explore how U.S. public debt has surged to 98% of GDP, a significant rise from 32% in 2001, reflecting economic and fiscal challenges. Learn about its implications.