British Pound Plunges To Record Lows

The British pound plunged to an all-time low against the U.S. dollar Monday as investors ran for the exits after the new government’s fiscal plan threatened to stretch Britain’s finances to their limits.

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.

Evangelicals Pray For Ukraine As Rockets Take Toll

Two groups representing more than 600 million evangelical Christians urged prayers for an end to the war in Ukraine as territories still controlled by Kyiv observed Ukraine’s Independence Day.

Turkey and Russia: A partnership essential to both

Just 17 days after the last Astana summit in TehranTurkish President Recep Tayyip Erdogan and his counterpart Vladimir Putin met again — this time in Sochi. As Erdogan was underlining that “the world was watching the Sochi summit,” the international headlines drew attention to the “secretive nature” of the two leaders’ meeting, which was held behind closed doors.

World may enter new global recession says IMF

The International Monetary Fund (IMF) on Tuesday attested that the world is in danger of falling into another global recession, the Times of Israel (TOI) reports. The IMF gave its grim view in its latest World Economic Outlook (WEO), amid surging inflation and severe economic slowdowns in the US, the Euro zone, and China.

As NATO Grows, China and Russia Seek to Bring Iran, Saudi Arabia Into Fold

In the East, however, security and economy-focused blocs led by Beijing and Moscow are looking to take on new members of their own, including Iran and Saudi Arabia, two influential Middle Eastern rivals whose interest in shoring up cooperation on this new front could have a significant impact on global geopolitical balance.

Hungary Hit By Worst Social Unrest Since Elections (Worthy News In-Depth)

Tense protests continued in Hungary’s capital till the early hours of Thursday after the government announced “an energy emergency” and effectively raised taxes for hundreds of thousands of small entrepreneurs as the nation’s currency plunged to record lows while inflation reached the highest levels in decades.

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