Global debt worries grow as Trump promises $1 trillion in handouts
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Source: The Age
Published: 2026-09-11 04:31 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Military & Defence, Australia, Energy, Economy & Finance, Tax & Budget, World News, US Politics, Business & Economy, War & Conflict
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Snippet:
The federal Treasury is war-gaming the financial fallout from a surge in global interest rates on government debt, oil prices and inflation amid fears it could drive the Australian and global economies into a recession and force some countries into austerity.
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