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.
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States a...
Venezuela’s government said on Saturday that 1,600 foreign rescue personnel have arrived to assist in the search for survivors of the devastating tw...
Australia said it would double the maximum penalty it can impose on tech firms found to have failed to uphold a groundbreaking social media ban for ch...
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations....
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Author...
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
A light aircraft crash into a high-rise building in Beijing's Chaoyang district on Friday killed one person and injured 13, the district government said on Saturday in a statement posted on its social media account.
U.S. President Donald Trump has threatened to impose 100% tariffs on imports from any country that adopts a digital services tax. The move escalated tensions with trading partners over levies that Washington argues unfairly target American technology companies.
Australia booked its place in the FIFA World Cup 2026 Round of 32 after a tense goalless draw with Paraguay. Already-eliminated Türkiye ended its campaign on a high with a dramatic 3-2 win over group winners the United States.
Tens of thousands of people are still unaccounted for after two powerful earthquakes struck Venezuela. At least 589 people have been confirmed dead and hundreds are believed to be trapped under rubble, as emergency crews and international rescue teams race to respond.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Authorities warned of continued heavy rain, flooding, and landslides, according to media reports.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
ANEWZ can exclusively report that European Commission President Ursula von der Leyen is expected to visit Azerbaijan on 1 July.
Venezuela’s government said on Saturday that 1,600 foreign rescue personnel have arrived to assist in the search for survivors of the devastating twin earthquakes that killed more than 900 people this week.
Australia said it would double the maximum penalty it can impose on tech firms found to have failed to uphold a groundbreaking social media ban for children, as evidence mounts that the ban has had little effect on teen use.
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations.
Ukrainian-made Flamingo missiles hit a plant producing artillery systems and components for missile launch systems in Russia's Volgograd region overnight, President Volodymyr Zelenskyy said on Saturday.
A light aircraft crash into a high-rise building in Beijing's Chaoyang district on Friday killed one person and injured 13, the district government said on Saturday in a statement posted on its social media account.
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