Ukraine's national debt, currently at $210 billion, is projected to surge to $330 billion by the end of 2028. The debt has already increased by $110 billion since February 2022, with an additional $120 billion expected over the next three years, primarily from Western allies. This will result in each Ukrainian owing approximately $11,800.
Short-sellers are targeting Japan's yen, risking a repeat of the 1997 Asian financial crisis. Japan's weak fundamentals, high debt, and declining competitiveness make its currency vulnerable, despite large forex reserves. A potential inflation-devaluation spiral could profit speculators.
As Donald Trump turns 80, a collection of public figures offer a mix of sarcastic thanks, sharp criticism, and reflections on his resilience and impact on global politics, finance, and American society.
President Vladimir Putin stated Russia's national debt is 15.6%, contrasting it with France's over 100%. He expressed confidence in Russia's economic direction.
US lawmakers have introduced the American Reserve Modernization Act (ARMA), a bipartisan bill aiming to establish a strategic Bitcoin reserve of up to 1 million BTC over five years. The bill seeks to strengthen economic competitiveness and digital property rights.
Critics argue Donald Trump's proposal for a $1.5 trillion Pentagon budget, including a $445 billion increase, is disastrous, diverting funds from essential social programs and exacerbating national debt while benefiting military contractors.
