Debt crisis

Senegalese lawmakers voted to limit presidential powers, proposing reforms to empower parliament and ban the president from leading a political party or coalition. The move follows political tensions after Speaker Ousmane Sonko was dismissed as prime minister by President Bassirou Diomaye Faye, amid a national debt crisis and IMF lending suspension.

Lenders in Brazil auctioned 14,219 repossessed farms in 2025, a 30% increase from the previous year, as problem rural loans surged to over R$171 billion and farm loan delinquency reached 19.6%.

Senegal's newly formed government excludes ousted Prime Minister Ousmane Sonko, whose party controls a majority of parliamentary seats. President Bassirou Diomaye Faye dissolved the previous administration amid disputes over a $40 billion debt crisis, appointing economist Ahmadou Al Aminou Lo as the new prime minister and forming a cabinet with 30 ministers, including members of Sonko's party.

Senegal's ousted Prime Minister Ousmane Sonko announced his party, Pastef, will not participate in the new government led by Prime Minister Ahmadou Al Aminou Lo, escalating tensions with President Bassirou Diomaye Faye. The dispute threatens political deadlock as Pastef holds a majority in parliament and may challenge the government. Senegal faces a debt crisis with a reported $13 billion debt and high debt-to-GDP ratio.

Senegal's Pastef political party will not join the new government, according to Ousmane Sonko, the ousted prime minister and party president. This decision raises concerns about increased political instability amid a significant debt crisis.

Senegal's President Bassirou Diomaye Faye fired Prime Minister Ousmane Sonko and dissolved the government amid tensions over managing the country's debt crisis, which includes undisclosed debts of $13 billion. The move follows disagreements over IMF loan conditions and political power struggles between Faye and Sonko, who is the founder of the Pastef movement that supported Faye's 2024 election victory.

Senegal's president, Bassirou Diomaye Faye, dismissed the Prime Minister and a former ally, dissolving the government amid a months-long feud. The move has heightened uncertainty in a country already grappling with a debt crisis.

Senegal's President Bassirou Diomaye Faye dismissed Prime Minister Ousmane Sonko and dissolved the government, intensifying political uncertainty amid the country's ongoing debt crisis.

Senegal's government denies the severity of its debt crisis, refusing to consider an IMF plan which could exacerbate the situation. The article highlights potential negative consequences of the government's stance on debt management.

Brazil is facing a growing debt crisis, with over 82 million people reportedly behind on payments. The situation highlights significant economic challenges affecting a large portion of the population.