Global debt tops $365 trillion as IIF warns of a ‘vicious cycle’ on interest costs
Global government debt climbed by $10 trillion in the first half of 2026 to top $365 trillion, the Institute of…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
France’s budget battle pushes bond yields to highest since 2008
France is paying an ever-higher risk premium on its debt as Prime Minister Sébastien Lecornu prepares a 2027 budget, with…
Trump and Xi open summit as US, China extend Busan trade truce to January
The U.S. and China agreed Wednesday to extend their Busan trade truce to January 10, Treasury Secretary Scott Bessent said,…
Trump-Xi meeting puts Chinese automakers’ U.S. access back in the spotlight
The U.S. auto industry and lawmakers are pressing President Donald Trump to keep Chinese automakers out of the country as…
Iran and US remain far apart after first shuttle talks in months, official says
Iran and the United States remain far apart on ending their war despite holding their first shuttle talks in months,…
