US Military Drills Near Russia Raise Concern in Kremlin
Amid Russia’s sphere of influence, the U.S. has launched joint military exercises with Armenia, a long-standing Russian ally. This marks a shift in geopolitical dynamics...
High Government Debt Levels Are Here to Stay. Why It Matters.
An electronic billboard at a bus shelter in Washington, D.C., displays the national debt. It topped $32.3 trillion in early July, and $32.9 trillion on...
Italian bank stocks rebound as government waters down windfall tax
A pedestrian wearing a protective face mask walks in front of a UniCredit SpA bank branch in Milan, Italy, on Thursday, Sept. 3, 2020. Camilla...
Washington's Fiscal Blowout: Interest on Federal Debt Has Hit 15.5% Of All Federal Debt
President Biden and Congress have set alarming records with their skyrocketing spending and deficits. In just the first 10 months of the fiscal year, the...
U.S. political polarization means Fitch debt downgrade is here to stay, economist says
Fitch Ratings in New York, United States. Cem Ozdel | Anadolu Agency | Getty Images Growing political instability means the U.S. will not regain its...
Global markets and US futures slide as Fitch downgrades US debt rating
Hong Kong/London CNN — Global stock markets fell Wednesday after ratings agency Fitch downgraded its US credit rating, citing “a steady deterioration in standards of...
Fed Will Pay High Price to Bring Down Inflation. Investors Should Take Note.
AFP via Getty Images Text size Central bankers from around the world are gathering in Sintra, Portugal this week to discuss the state of the...
European Central Bank raises rates by 25 basis points at June 2023 meeting
The European Central Bank on Thursday announced it is taking its main rate up by 25 basis points to 3.5%, diverging from a U.S. Federal...
Xi Prepares China for ‘Extreme’ Scenarios, Including Conflict with the West: WSJ
As Beijing and Washington move gingerly toward restoring high-level exchanges, Xi Jinping is stepping up his effort to gird China for conflict. [ad_2] Source link...
Euro zone enters recession after Germany, Ireland growth revision
The German economy entered a recession in the first quarter. Bloomberg | Bloomberg | Getty Images The euro zone entered a recession in the first...