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Global public debt hit a record $102 trillion in 2024

Uganda among the countries that are currently trapped in the high debt repayment crisis Kampala, Uganda | THE INDEPENDENT |  Since 2010, developing countries’ debt has grown twice as fast as that of advanced economies. Today, 3.4 billion people live in countries spending more on interest payments than on health or …

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USAID officially shuts down

WASHINGTON, the United States | Xinhua | The United States Agency for International Development (USAID) officially shut down on Tuesday, which was criticized by former U.S. Presidents Barack Obama and George W. Bush. Meanwhile, the USAID will be merged into the U.S. State Department from Tuesday. According to an earlier …

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Letter from Mideast: Back to routine, but not to normal

JERUSALEM, ISRAEL | Xinhua |  The night before Israel launched a surprise attack on Iran, my husband boarded a flight to Belgrade for what was supposed to be a quiet weekend getaway. I kissed him goodbye, unaware that within hours, the country would be at war. Hours later, the unprecedented …

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Musk again lashes at Trump’s government spending bill

In Musk’s opinion, the bill will “destroy millions of jobs in America and cause immense strategic harm to our country” NEW YORK, the United States | TASS | US President Donald Trump’s proposed government spending bill will put the United States into “debt slavery,” US billionaire and the former head …

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An Iranian bomb just became more likely

NEW DELHI |  BRAHMA CHELLANEY |  Israel and the United States have dealt punishing blows to Iran’s nuclear infrastructure. “Operation Rising Lion” and “Operation Midnight Hammer” have been portrayed as precision strikes that will stop the Islamic Republic’s nuclear program in its tracks. But whatever the bombings might have achieved tactically, …

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