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.
Almaty in Kazakhstan is making confident strides in digital transformation by building a comprehensive "smart city" infrastructure powered by artifici...
Multiple people are dead and several others are unaccounted for after a blast on Friday morning in Tennessee at a military explosives company, accordi...
Peru's lawmakers swore in Congress chief Jose Jeri as the country's new president less than an hour after unanimously voting to remove President Dina ...
Less than two weeks after signing of agreements between Iran and Russia on nuclear energy production, Tehran and Moscow have begun discussions to impl...
South Korea on Friday summoned Cambodia’s ambassador to lodge a protest over the death of a South Korean student in the country and raised its trave...
Almaty in Kazakhstan is making confident strides in digital transformation by building a comprehensive "smart city" infrastructure powered by artificial intelligence (AI).
Multiple people are dead and several others are unaccounted for after a blast on Friday morning in Tennessee at a military explosives company, according to law enforcement.
Peru's lawmakers swore in Congress chief Jose Jeri as the country's new president less than an hour after unanimously voting to remove President Dina Boluarte, as anger mounted over rising crime and accusations of corruption.
Less than two weeks after signing of agreements between Iran and Russia on nuclear energy production, Tehran and Moscow have begun discussions to implement said agreements for construction of nuclear power reactors
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Multiple people are dead and several others are unaccounted for after a blast on Friday morning in Tennessee at a military explosives company, according to law enforcement.
Peru's lawmakers swore in Congress chief Jose Jeri as the country's new president less than an hour after unanimously voting to remove President Dina Boluarte, as anger mounted over rising crime and accusations of corruption.
South Korea on Friday summoned Cambodia’s ambassador to lodge a protest over the death of a South Korean student in the country and raised its travel advisory for Phnom Penh amid a surge in online scam cases targeting Korean nationals.
Leaders of CIS member states signed an agreement establishing the new ‘CIS Plus’ format at a summit in Dushanbe, expanding the organisation’s framework for cooperation with other states and regional bodies.
Large parts of Kyiv were plunged into darkness in the early hours of Friday after Russian drones and missiles struck Ukrainian energy facilities, cutting power and water to homes and halting a key metro link across the Dnipro river.
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