British Chancellor Sacked After Disastrous Tax Plan

Britain’s embattled Prime Minister Liz Truss fired her Finance Minister Kwasi Kwarteng on Friday and deleted parts of their economic package in a desperate bid to stay in power and reassure markets after financial turmoil.

US national debt climbs to almost $31 trillion

The US record-breaking national debt is now almost $31 trillion, Fox Business reports. The last US national debt milestone was in February 2020, when it exceeded a record $30 trillion for the first time.

Federal Debt Has Now Climbed $3 Trillion Under Biden

The federal debt has now increased by more than $3 trillion during President Joe Biden’s time in office, according to the numbers published by the U.S. Treasury on its “Debt to the Penny” webpage.

Biden announces cancellation of student debt

President Biden responded to pressure from progressives on Wednesday by canceling $10,000 in student debt for borrowers who earn less than $125,000 per year and $20,000 in debt for those who received Pell Grants.

Sri Lanka Has New Leader As Violence Spreads

Bankrupt Sri Lanka appointed a new prime minister hoping to quell worsening civil unrest in which at least nine people died this week, and more than 300 were injured.

Former Christian Hostages Graduate In US

A Christian charity hopes that the graduation of two young women who were among hundreds of Christian schoolgirls kidnapped in northeast Nigeria will encourage persecuted Christians.

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