U.S. Treasury primary dealers want Congress to scrap the federal debt ceiling, warning in new TBAC minutes that the limit lifts borrowing costs, fuels market turmoil and could weaken the dollar’s reserve-currency standing.
Minutes from this week’s Treasury Borrowing Advisory Committee meeting show that the U.S. Treasury’s primary dealers favor abolishing the federal debt ceiling, arguing it drives up borrowing costs, heightens market volatility, and could undermine the dollar’s reserve-currency standing. The committee said its ideal outcome would be for Congress to give the administration broad authority to borrow whatever is needed to meet government obligations.
An explosion tore through a mosque during evening prayers on Wednesday in Maiduguri, the capital of Nigeria’s Borno state, a Reuters witness said. T...
Torrential rain unleashed widespread flash flooding and mud flows across Southern California on Wednesday, as authorities warned motorists to stay off...
It’s been a year since an Azerbaijan Airlines plane crashed near Aktau, Kazakhstan, killing 38 people. Relatives and loved ones mourn the victims, a...
North Korean leader Kim Jong Un oversaw the test-firing on Wednesday of a long-range surface-to-air missile at a launch site near its east coast, stat...
Countries including Britain, Canada, Germany and others on Wednesday condemned the Israeli security cabinet's approval of 19 new settlements in the oc...
North Korean leader Kim Jong Un oversaw the test-firing on Wednesday of a long-range surface-to-air missile at a launch site near its east coast, state media KCNA reported on Thursday.
Countries including Britain, Canada, Germany and others on Wednesday condemned the Israeli security cabinet's approval of 19 new settlements in the occupied West Bank, saying they violated international law and risked fuelling instability.
A majority of Russians expect the war in Ukraine to end in 2026, state pollster VTsIOM said on Wednesday, in a sign that the Kremlin could be testing public reaction to a possible peace settlement as diplomatic efforts to end the conflict intensify.
Georgia's Parliament Speaker Shalva Papuashvili has accused Brussels of using visa policy as a political weapon rather than a technical instrument.
Thailand and Cambodia both reported fresh clashes on Wednesday, as the two sides prepared to hold military talks aimed at easing tensions along their shared border.
A majority of Russians expect the war in Ukraine to end in 2026, state pollster VTsIOM said on Wednesday, in a sign that the Kremlin could be testing public reaction to a possible peace settlement as diplomatic efforts to end the conflict intensify.
Libya’s chief of staff, Mohammed Ali Ahmed Al-Haddad, has died in a plane crash shortly after departing Türkiye’s capital, Ankara, the prime minister of Libya’s UN-recognised government has said.
Military representatives from Cambodia and Thailand met in Chanthaburi province on Wednesday ahead of formal ceasefire talks at the 3rd special GBC meeting scheduled for 27th December.
Afghanistan and Iran have signed an implementation plan to strengthen regulation of food, medicine, and health products based on a 2023 cooperation agreement.
An explosion tore through a mosque during evening prayers on Wednesday in Maiduguri, the capital of Nigeria’s Borno state, a Reuters witness said. There was no immediate word on casualties or official comment.
North Korean leader Kim Jong Un oversaw the test-firing on Wednesday of a long-range surface-to-air missile at a launch site near its east coast, state media KCNA reported on Thursday.
Countries including Britain, Canada, Germany and others on Wednesday condemned the Israeli security cabinet's approval of 19 new settlements in the occupied West Bank, saying they violated international law and risked fuelling instability.
A majority of Russians expect the war in Ukraine to end in 2026, state pollster VTsIOM said on Wednesday, in a sign that the Kremlin could be testing public reaction to a possible peace settlement as diplomatic efforts to end the conflict intensify.
The White House has instructed U.S. military forces to concentrate largely on enforcing a “quarantine” on Venezuelan oil exports for at least the next two months, a U.S. official told Reuters, signalling that Washington is prioritising economic pressure over direct military action against Caracas.
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