
According to the director general of the IMF, Kristalina Georgieva, the United States will not be able to reduce its debt by over 40,000 billion by relying only on economic growth, but budgetary measures will be needed.
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The United States public debt has exceeded 40 trillion dollars.
The United States will not be able to reduce the debt, amounting to over 40,000 billion dollars, by focusing only on economic growth: a budget adjustment will be needed for the sustainability of the enormous deficit.
The director general of the IMF, Kristalina Georgieva, said this during meetings in Bangkok. "The authorities are relying heavily on strong growth in the US" to reduce debt, Goergieva said. "At the Fund we believe that growth will naturally help, but it will not be able to produce the necessary adjustment quickly enough. Budgetary measures will therefore be needed."

The Confindustria research center estimates GDP growth of 1% for 2026, defining it as fragile, and forecasts a slowdown to 0.6% in 2027. The cost of energy, inflation and rates are under blame.

The increase in prices for tobacco products continues due to the adjustment of excise duties provided for by the Budget Law. From 14 October 2026, prices will increase by 20 cents for numerous brands of shredded tobacco, cigars and heated tobacco.

Asia-Pacific stock markets show mixed trends despite the recovery of semiconductor stocks, weighed down by high oil prices and caution awaiting US inflation data. Better-than-expected Chinese trade data offers support, while subdued inflation highlights an uneven recovery in China. Houthi attacks on Saudi Arabia keep concerns about energy supplies high. Kospi -0.7%, Nikkei -0.17%, Hang Seng +0.33%, Shanghai -0.65%, Shenzhen -1.44%, Taiwan +0.59%; Wall Street futures mixed, Europe expected to rise cautiously.

According to Mark Zandi of Moody's Analytics, the war in Iran has so far cost each American family an average of about $2,000, mostly due to rising energy prices and interest rates, with the national cost estimated at $265 billion.

The International Monetary Fund warns that the major advanced economies of the G7 must take concrete measures to bring public debt back to a sustainable path, citing the United States where interest spending could double by 2031, reaching levels equal to social benefits.

Mexico's National Antitrust Commission will approve the merger of low-cost airlines Volaris and Viva later this year, creating the country's largest airline group, called Más Vuelos. The authority will require the new company to keep fares low, avoid mass layoffs and preserve much of its current routes. The two companies will maintain their identities and have confirmed full cooperation. The alliance will be led by Viva's current president, Roberto Alcántara. Together, the companies operate about three-quarters of Mexico's domestic routes. The operation has already been given the green light in Colombia and the United States, sparking opposition from Aeromexico.