[Blackstone Group President: Europe faces more severe fiscal risks than the United States] On October 13, Blackstone Group President Jon Gray warned that fiscal pressure poses more urgent risks to France, the United Kingdom, and other parts of Europe than the United States. "The United States is going to have to face tough choices, but I think the bigger challenge now is the challenge facing France, the UK, continental Europe," Gray told the Bloomberg Innovation Economics Forum in New Delhi on Tuesday. "Because the economic growth there is much lower" and the "deficits are very large." He said that the United States is currently taking advantage of the accelerated economic growth brought about by the artificial intelligence (AI) boom to temporarily curb the increasingly serious debt problem.