Global debt rose by $7.5 trillion in the first quarter of 2025 to a record $324 trillion, driven by debt accumulation in China, France, and Germany, according to the Institute of International Finance (IIF).
U.S. President Donald J. Trump advised the new Canadian Prime Minister, Mark Carney, to “never say never” about his nation becoming the 51st state of the United States in a closely watched encounter at the White House.
Police in the Netherlands are investigating the killing of a Turkish mafia boss who reportedly had images implicating politicians of Turkish President Recep Tayyip Erdoğan’s party AKP with financial wrongdoing.
President Donald Trump announced Tuesday that the United States will stop airstrikes against Iran-backed Houthi rebels in Yemen after the group agreed to cease attacks on vital shipping lanes in the Middle East. The announcement did not address ongoing Houthi strikes against Israel, a point that Israeli officials said caught them by surprise.
India says it has attacked sites in Pakistan and Pakistan-administered Kashmir, killing several people.
President Donald Trump confirmed Sunday that he offered to send U.S. troops into Mexico to help combat the country’s deadly drug cartels — but said Mexican President Claudia Sheinbaum turned him down because she is “afraid of the cartels.”
Iran has announced the successful test of a new medium-range ballistic missile—Qassem Basir—boasting advanced capabilities designed to evade some of the world’s most sophisticated air defense systems, including the U.S.-made THAAD, currently deployed in Israel.
U.S. Secretary of State Marco Rubio has designated two Haitian gangs as foreign terrorist organizations, adding to a list of transnational criminal organizations, including Mexican cartels and the violent Venezuelan prison gang Tren de Aragua.
There was more anxiety in Europe on Monday after U.S. President Donald J. Trump did not rule out using military force to gain control of Greenland, the world’s largest island and an autonomous territory within Denmark.
The Netherlands marked 80 years since the end of World War Two on Monday with parades, festivals, communal meals, and speeches amid anxiety about the future and several anti-Israel protests.
An ultranationalist who opposes military support for Ukraine, criticizes the European Union, and calls himself the “natural partner” of U.S. President Donald J. Trump has won the first round of Romania’s presidential election redo, official data showed.
U.S. President Donald Trump said Sunday that while he aims for the complete dismantling of Iran’s nuclear program, he is open to discussing a civilian nuclear energy deal — though he warned such programs can lead to military escalation.
Australians voted Saturday in a national election that polls show will likely favor Prime Minister Anthony Albanese’s Labor Party over the conservative opposition amid worries about U.S. President Donald J. Trump’s policies such as imposing tariffs on goods.
Authorities say Russia launched a massive drone attack on Kharkiv, Ukraine’s second-largest city, hitting a high-rise residential block, triggering fires, and injuring 46 people. The strike, one of several in recent days, has underscored calls for peace in the more than three-year-long war.
Tens of thousands of people rallied across European cities Thursday to commemorate International Labor Day with demands ranging from higher pay, greater equality, and workers’ rights to more democracy, but riots marred the May 1 events.
U.S. Defense Secretary Pete Hegseth on Wednesday delivered a stern warning to Iran over its ongoing support for Yemen’s Houthi rebels, amid rising tensions in the region and the collapse of planned nuclear negotiations.
Russia’s President Vladimir Putin admitted Wednesday that Ukrainian soldiers were still fighting in Kursk, just days after Moscow claimed it “regained full control” over that Russian region.
Ukraine’s president has urged the world to pressure Russia to stop continuing attacks on his war-torn nation after authorities said at least two people were killed and 15 injured in a Russian drone strike on the Black Sea port city of Odesa.
The United States imposed a sweeping set of sanctions Wednesday targeting an international network of companies and vessels accused of facilitating the illicit trade of Iranian petroleum and petrochemical products. The move, announced just days ahead of renewed U.S.-Iran nuclear talks, marks the latest escalation in the Trump administration’s “maximum pressure” campaign against Tehran.
Russia and North Korea have begun constructing a road bridge to strengthen their “strategic partnership” despite reports that hundreds of North Korean soldiers have died fighting for Russia.