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French research groups urged to welcome scientists fleeing US
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Journalist quits broadcaster after comparing French actions in Algeria to Nazi massacre
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Highlights from Paris Women's Fashion Week
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US ends waiver for Iraq to buy Iranian electricity
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China-US trade war heats up with Beijing's tariffs to take effect
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Greenland's Inuits rediscover their national pride
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Floods, mass power cuts as wild weather bashes eastern Australia
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Wild weather leaves mass blackouts in Australia
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China consumption slump deepens as February prices drop
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Phone bans sweep US schools despite skepticism
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Some 200 detained after Istanbul Women's Day march: organisers
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'Grieving': US federal workers thrown into uncertain job market
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Remains of murdered Indigenous woman found at Canada landfill
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Women will overthrow Iran's Islamic republic: Nobel laureate
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Women step into the ring at west African wrestling tournament
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Trump's tariff rollback brings limited respite as new levies loom
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Hackman died of natural causes, a week after wife: medical examiner
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Oops, we tipped it again: Mission over for sideways US lander
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Cyclone Alfred downgraded to tropical low as it nears Australia
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Global stocks mixed as Trump shifts on tariffs weighs on sentiment
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Trump says dairy, lumber tariffs on Canada may come soon
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Trump cuts $400 mn from Columbia University over anti-Semitism claims
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US Fed chair flags policy uncertainty but in no rush to adjust rates
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Adopted orphan brings couple 'paradise' in war-ravaged Gaza
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Oops, we tipped it again: Mission over for private US lander
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Greenland's mining bonanza still a distant promise
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Pope 'stable' as marks three weeks in hospital with breathless audio message
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Shares slump on Trump tariffs tinkering, jobs
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Mission over for private US lander after wonky landing
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Thousands stranded as massive WWII bomb blocks Paris train station
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UK court cuts longest jail terms on activists, rejects 10 appeals
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US hiring misses expectations in February as jobs market faces pressure
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S.Sudan heatwave 'more likely' due to climate change: study
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US company says Moon mission over after landing sideways again
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Trump says farmers keen to quit 'terrible' S. Africa welcome in US
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US stock markets rise as investors track Trump tariffs, jobs
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US hiring misses expectations in February, jobs market sees pressure
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Disco, reggae on King Charles's 'eclectic' Apple playlist
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Australian casino firm strikes deal to avoid liquidity crunch
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Deposed king's grandson makes low-key return to Egypt
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Stock markets, bitcoin down as Trump policies roil markets
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Bangladesh student leader aims to finish what uprising began
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Japan, Britain stress free trade in Tokyo talks
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Spain targets men's 'deafening silence' in gender violence battle
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Spain under pressure to abort nuclear energy phase-out
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Hungary femicide sparks outcry on gender violence
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Trial of Maradona's medics to start four years after star's death
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Women spearhead maternal health revolution in Bangladesh
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Apple step closer to seeing end of Indonesia iPhone sales ban
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China's exports start year slow as US trade war intensifies
Trump needs to avoid debt Collapse
As Donald Trump commences his second tenure—this time as the 47th President of the United States—one of his administration’s most pressing challenges is preventing a potential debt collapse. The U.S. government’s outstanding liabilities have surged in recent years, raising concerns among economists, financial markets, and global partners alike. But why is it imperative for President Trump to avert such a crisis?
Safeguarding Economic Stability
A default or debt crisis could trigger a chain reaction, undermining confidence in the U.S. financial system and sending shockwaves through global markets. The American dollar serves as the world’s primary reserve currency, underpinning countless international transactions. A significant disruption in U.S. debt repayments would thus erode trust in treasury bonds, widely regarded as one of the safest investment vehicles worldwide.
Preserving Global Standing
The United States has long been viewed as a pillar of financial stability. Should Washington struggle to meet its debt obligations, both diplomatic and economic repercussions would be swift. Trade agreements might be thrown into disarray, with key allies reconsidering their long-term partnerships. Ensuring fiscal integrity is crucial if President Trump wishes to maintain America’s influence and credibility on the world stage.
Protecting Domestic Prosperity
A debt collapse would not merely affect international investors; it would have tangible consequences at home. Interest rates on consumer and business loans could spike, making mortgages, car payments, and credit more expensive for ordinary Americans. Additionally, a government scrambling to stabilise the budget might be forced to cut essential services or postpone vital infrastructure projects. President Trump’s electoral base, which seeks job growth and economic opportunity, would be disproportionately impacted by such austerity measures.
Upholding Investor Confidence
Financial markets thrive on predictability. Even rumours of a potential default can destabilise share prices and unsettle bond markets, discouraging both domestic and foreign investors. President Trump’s administration aims to foster a business-friendly climate; allowing the national debt situation to spiral would stand at odds with this objective. Maintaining robust investor confidence is vital for job creation, entrepreneurship, and sustained economic expansion.
Conclusion
For the 47th U.S. President, averting a debt collapse is about more than safeguarding government finances. It is about preserving America’s economic dynamism, retaining global leadership, and reassuring citizens that growth and stability remain priorities. A carefully managed fiscal strategy could prove decisive in cementing President Trump’s legacy as a steward of American prosperity.