Rising US debt stokes calls in Congress for special fiscal commission
WASHINGTON, Nov 21 (Reuters) – The U.S. Congress is facing growing calls to find a way to stem rising budget deficits and debt following this...
Fukushima wastewater released into the ocean, China bans all Japanese seafood
China criticises action as ‘selfish and irresponsible’ Japan and IAEA say radioactivity levels well below safe levels Initial release about 3 Olympic swimming pools worth...
Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
WASHINGTON, May 1 (Reuters) – U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN, Dec 9 (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support...
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
International Monetary Fund chief Kristalina Georgieva meets Democratic Republic of Congo President Felix Tshisekedi in Kinshasa, Democratic Republic of Congo, December 8, 2021. REUTERS/ Hereward...
Californians urged to cut power use during extreme heat
Aug 17 (Reuters) – California’s grid operator urged the state’s 40 million people to ratchet down the use of electricity in homes and businesses on...
China halts high-level military dialogue with U.S., suspends other cooperation
Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo Register now for FREE unlimited access to...