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Houthi strike on Riyadh airport kills 12, injures over 300 (VIDEOS)

US debt crisis

Fed hikes rates as US inflation persists
The 25-basis-point increase comes despite the US president’s repeated demands for lower borrowing costs
Sep 16, 2026 18:10
World’s biggest wealth fund eyes ditching $80 bn in US Treasuries
Norway’s proposed cut comes as Washington faces rising deficits and shrinking demand for its debt
Sep 4, 2026 18:02
US debt tops $40 trillion months earlier than expected
Washington’s liabilities have doubled since 2017 amid persistent deficits, crisis spending, and mounting military costs
Aug 21, 2026 00:55
US intervenes as Japan dumps Treasuries to rescue plummeting yen
Tokyo and Washington have threatened further coordinated moves to contain turmoil spreading from currency markets into bond markets
Aug 3, 2026 02:14
Moody’s delivers first US credit rating downgrade since 1917
The reduction comes shortly after the Treasury secretary warned of a possible default by the end of summer
May 17, 2025 09:29
US could face default by August – Treasury chief
Scott Bessent has urged Congress to raise or suspend the debt ceiling to avoid running out of money to cover federal expenses
May 11, 2025 08:26

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