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.
Estonian Defense Minister Hanno Pevkur warns that Russia will likely shift its forces after the Ukraine war, posing a greater threat to NATO. He emphasizes Estonia's strong preparedness, including increased defense spending and rapid mobilization.
The House Budget Committee passed a key tax and immigration bill late Sunday, overcoming opposition from fiscal conservatives. The bill, central to President Trump’s agenda, now moves to the full House, where GOP leaders face challenges balancing demands from both hard-liners and moderates.
As thousands of residents return to war-scarred neighborhoods in Khartoum, they are encountering a deadly new threat — unexploded munitions littering homes, schools, and streets — a grim legacy of Sudan’s ongoing civil war that de-mining teams say they are woefully under-resourced to address.
Azerbaijani mountaineer Vafa Musayeva has achieved remarkable success by summiting two of the world’s highest peaks, Mount Everest and Lhotse, during the same climbing season.
The Tazhen border checkpoint on the Kazakhstan–Uzbekistan border will remain closed for an additional four months, until September 1, 2025, according to Kazakhstan’s State Revenue Committee (KDG) of the Ministry of Finance.
Finland has been selected as one of the countries implementing European Union measures to supply Ukraine with defence materials, using funds from frozen Russian assets.
Estonian Defense Minister Hanno Pevkur warns that Russia will likely shift its forces after the Ukraine war, posing a greater threat to NATO. He emphasizes Estonia's strong preparedness, including increased defense spending and rapid mobilization.
Kazakhstan is taking concrete steps toward the development of its first nuclear power plant, with the country now in the pre-project phase, according to Rinat Okasov, Deputy Director General of Kazakhstan Nuclear Power Plants LLP (KAEŞ).
The House Budget Committee passed a key tax and immigration bill late Sunday, overcoming opposition from fiscal conservatives. The bill, central to President Trump’s agenda, now moves to the full House, where GOP leaders face challenges balancing demands from both hard-liners and moderates.
As thousands of residents return to war-scarred neighborhoods in Khartoum, they are encountering a deadly new threat — unexploded munitions littering homes, schools, and streets — a grim legacy of Sudan’s ongoing civil war that de-mining teams say they are woefully under-resourced to address.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The World Bank stands as one of the most influential international financial institutions, shaping economic development across continents through financial support, technical assistance, and policy guidance.
Beginning June 30, 2025, Russia will implement a new digital pre-registration system for foreign nationals entering the country under a visa-free regime, according to updated government regulations.
Finland has been selected as one of the countries implementing European Union measures to supply Ukraine with defence materials, using funds from frozen Russian assets.
Estonian Defense Minister Hanno Pevkur warns that Russia will likely shift its forces after the Ukraine war, posing a greater threat to NATO. He emphasizes Estonia's strong preparedness, including increased defense spending and rapid mobilization.
The House Budget Committee passed a key tax and immigration bill late Sunday, overcoming opposition from fiscal conservatives. The bill, central to President Trump’s agenda, now moves to the full House, where GOP leaders face challenges balancing demands from both hard-liners and moderates.
Finland has been selected as one of the countries implementing European Union measures to supply Ukraine with defence materials, using funds from frozen Russian assets.
Estonian Defense Minister Hanno Pevkur warns that Russia will likely shift its forces after the Ukraine war, posing a greater threat to NATO. He emphasizes Estonia's strong preparedness, including increased defense spending and rapid mobilization.
Kazakhstan is taking concrete steps toward the development of its first nuclear power plant, with the country now in the pre-project phase, according to Rinat Okasov, Deputy Director General of Kazakhstan Nuclear Power Plants LLP (KAEŞ).
The House Budget Committee passed a key tax and immigration bill late Sunday, overcoming opposition from fiscal conservatives. The bill, central to President Trump’s agenda, now moves to the full House, where GOP leaders face challenges balancing demands from both hard-liners and moderates.
As thousands of residents return to war-scarred neighborhoods in Khartoum, they are encountering a deadly new threat — unexploded munitions littering homes, schools, and streets — a grim legacy of Sudan’s ongoing civil war that de-mining teams say they are woefully under-resourced to address.
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