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.
Ukraine expects to sign a revamped minerals partnership with the United States within 24 hours, Prime Minister Denys Shmyhal said Wednesday, adding that future U.S. aid could count toward the deal’s funding.
China has lifted sanctions on five current and former Members of the European Parliament, signaling a move to ease tensions with the European Union and revive stalled trade negotiations.
The Senate Commerce Committee on Wednesday advanced President Donald Trump’s picks of private astronaut-entrepreneur Jared Isaacman to run NASA and aide Olivia Trusty to fill an FCC seat, moves that would hand Republicans a 3-2 majority on the telecom regulator.
On the eve of crucial local elections across England, Prime Minister Keir Starmer came under intense scrutiny during Wednesday’s Prime Minister’s Questions, facing criticism on border control, grooming gangs, and UK-US trade talks.
Turkish President Recep Tayyip Erdogan said Türkiye welcomes US President Donald Trump’s approach that respects its national sensitivities, particularly on the Syria issue, adding that both leaders share mutual understanding.
Ukraine expects to sign a revamped minerals partnership with the United States within 24 hours, Prime Minister Denys Shmyhal said Wednesday, adding that future U.S. aid could count toward the deal’s funding.
China has lifted sanctions on five current and former Members of the European Parliament, signaling a move to ease tensions with the European Union and revive stalled trade negotiations.
The Senate Commerce Committee on Wednesday advanced President Donald Trump’s picks of private astronaut-entrepreneur Jared Isaacman to run NASA and aide Olivia Trusty to fill an FCC seat, moves that would hand Republicans a 3-2 majority on the telecom regulator.
On the eve of crucial local elections across England, Prime Minister Keir Starmer came under intense scrutiny during Wednesday’s Prime Minister’s Questions, facing criticism on border control, grooming gangs, and UK-US trade talks.
U.S. President Donald Trump on Wednesday urged Americans to remain patient following a first-quarter economic contraction, insisting the downturn was not caused by his tariff policies.
Russia launched a major missile and drone assault on Kyiv overnight on April 24, killing at least twelve people and injuring 90, including children and a pregnant woman, according to Mayor Vitali Klitschko.
In an expansive interview marking his first 100 days back in office, President Donald Trump sketched out an agenda that touches everything from punitive tariffs and China policy to cease-fire hopes in Ukraine and an overhaul of domestic programmes. Below are the highlights.
A deadly explosion at Iran’s Bandar Abbas port has left at least 40 dead, with more than 1,200 people injured, state media reported on Sunday, halting operations at one of the country’s most vital trade hubs.
For three generations, the Liebigs built railcars in Görlitz. Now, the factory that shaped their lives will produce parts for battle tanks.
North Korea has launched a new 5,000-tonne destroyer as part of Kim Jong Un’s plans to expand the country’s naval power far beyond its coastal waters.
Survivors’ advocates urged cardinals on Wednesday to elect a pope who will put the Church’s clergy-abuse crisis front and center, saying three consecutive pontiffs have failed to do so.
Ukraine expects to sign a revamped minerals partnership with the United States within 24 hours, Prime Minister Denys Shmyhal said Wednesday, adding that future U.S. aid could count toward the deal’s funding.
China has lifted sanctions on five current and former Members of the European Parliament, signaling a move to ease tensions with the European Union and revive stalled trade negotiations.
The Senate Commerce Committee on Wednesday advanced President Donald Trump’s picks of private astronaut-entrepreneur Jared Isaacman to run NASA and aide Olivia Trusty to fill an FCC seat, moves that would hand Republicans a 3-2 majority on the telecom regulator.
On the eve of crucial local elections across England, Prime Minister Keir Starmer came under intense scrutiny during Wednesday’s Prime Minister’s Questions, facing criticism on border control, grooming gangs, and UK-US trade talks.
Ukraine expects to sign a revamped minerals partnership with the United States within 24 hours, Prime Minister Denys Shmyhal said Wednesday, adding that future U.S. aid could count toward the deal’s funding.
China has lifted sanctions on five current and former Members of the European Parliament, signaling a move to ease tensions with the European Union and revive stalled trade negotiations.
The Senate Commerce Committee on Wednesday advanced President Donald Trump’s picks of private astronaut-entrepreneur Jared Isaacman to run NASA and aide Olivia Trusty to fill an FCC seat, moves that would hand Republicans a 3-2 majority on the telecom regulator.
On the eve of crucial local elections across England, Prime Minister Keir Starmer came under intense scrutiny during Wednesday’s Prime Minister’s Questions, facing criticism on border control, grooming gangs, and UK-US trade talks.
U.S. President Donald Trump on Wednesday urged Americans to remain patient following a first-quarter economic contraction, insisting the downturn was not caused by his tariff policies.
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