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Gulf Today, Staff Reporter The Public Debt Management Office (PDMO) of the Government of Dubai's Department of Finance (DOF) announced a reduction of approximately Dhs29 billion in Dubai's public...
Global debt hit a record $307 trillion in the second quarter of the year despite rising interest rates curbing bank credit, with markets such as the United States and Japan...
At least 11 people are suspected to be involved with a loan scam that allegedly drove a man to kill his wife and two young boys before trying to...
There was a huge sigh of relief when after weeks of anxious waiting, United States President Joe Biden and House of Representatives Speaker Kevin McCarthy reached a compromise over debt...
Eric Garcia, The Independent If House Speaker Kevin McCarthy has one defining trait, it’s his eagerness to please. He has used this acumen to compensate for his lack of...
Gulf Today Report A majority of the US House of Representatives voted on Wednesday to approve a bipartisan bill to suspend the government's $31.4 trillion debt ceiling, just five...
A hard-line Republican revolt could not prevent legislation to raise the US debt ceiling from clearing its first procedural hurdle in the House of Representatives. The two parties finally...
Gulf Today Report With days to spare before a potential first-ever government default, President Joe Biden and House Speaker Kevin McCarthy reached final agreement Sunday on a deal to...
Eric Garcia, The Independent Washington has long seen Sen Bernie Sanders (I-VT) as a progressive who offers unrealistic solutions and doesn’t consider legislation that can actually pass. That image...
World stocks fell on Wednesday as investors grow increasingly concerned about stalled US debt ceiling talks aimed at averting a painful default. Traders were also digesting inflation data in Britain...