French President Macron's Refusal of Prime Minister's Resignation

French President Macron refuses prime minister's resignation despite calls from the far-left to appoint a leftist or resign after legislative elections. Drama ensues in Paris as New Popular Front alliance wins surprise victory. Concerns over debt crisis and economic decline if leftist alliance takes power.

Global Debt Crisis

The world economy is facing a significant debt crisis due to multiple economic shocks, with countries like the US and China projected to have dangerously high levels of debt. High levels of debt pose a threat to future economic stability and growth.

Chinese Economy Weakness

China's economy is showing signs of weakness with falling consumer prices, slow GDP growth, and a real-estate bust, raising fears of a prolonged slump. The government's measures to stabilize the economy have not yielded significant results, and concerns about economic stewardship and debt levels persist.