News

Global debt hits $323 trillion; repayment risks increase

Global debt hits $323 trillion amid rising risks, potential for increased sovereign debt, and economic volatility expected with Trump’s return.

Published

11 months ago

December 4, 2024

ticker NEWS

Global debt has reached over $320 trillion, increasing by more than $12 trillion in the first nine months of 2024.

This surge is attributed to lower borrowing costs and increased risk appetite.

Sovereign debt is projected to rise by a third by 2028, nearing $130 trillion, which raises repayment risks globally.

The IIF warns that rising trade tensions and supply-chain disruptions could threaten economic growth, leading to volatile cycles in sovereign debt markets.

This volatility may be aggravated by inflation pressures and tightening public finances, increasing debt management challenges.

Trump’s return

The report arrives amid speculation about Donald Trump’s return to the White House and potential trade tariffs on key economies, which has prompted some entities to issue debt preemptively.

The debt increase recorded in the third quarter was significant, marking the third-largest quarterly rise historically, following spikes in mid-2020 during the pandemic.

Economic growth, especially in the U.S., has helped lower the debt-to-GDP ratio to about 326%, significantly lower than its peak during the pandemic.

Debt in emerging markets is nearing $105 trillion, accounting for 245% of their GDP.

Rapidly rising debt service costs are being observed, particularly in developed countries.

News

Russia strengthens ties with China following Trump-Xi meeting

Russia strengthens ties with China following Trump’s positive meeting with Xi Jinping, aiming for deeper cooperation across various sectors

Published

16 hours ago

November 4, 2025

Ahron Young

Russia strengthens ties with China following Trump’s positive meeting with Xi Jinping, aiming for deeper cooperation across various sectors

In Short:
– Russian officials emphasise their alliance with China after Trump’s meeting with Xi Jinping.
– Prime Minister Mishustin’s visit to China aims to strengthen trade and cooperation between the two nations.

Russian officials reaffirmed their alliance with China following U.S. President Donald Trump’s meeting with Chinese President Xi Jinping.Prime Minister Mikhail Mishustin arrived in Hangzhou for two days of negotiations, signing various agreements to enhance cooperation in trade, investment, energy, transport, agriculture, and space, according to Russian state media.

Mishustin described his Chinese counterpart as a “dear friend,” stating that Russian-Chinese relations are at their peak despite Western sanctions. Li Qiang reciprocated by expressing Beijing’s readiness to strengthen ties, noting mutual support amid external risks and challenges.

Strategic Partnership

China remains Russia’s most important ally, having not condemned the 2022 invasion of Ukraine, and echoes Russia’s language, referring to the situation as a “crisis.”

Ahead of this visit, the Kremlin highlighted the significance of the talks, sending a robust delegation, including top officials from finance, agriculture, space, and nuclear energy.

Mishustin’s visit coincides with Trump’s recent discussions with Xi, where agreements were reportedly reached on several issues in a gesture seen as a trade truce amidst rising tariffs.

Trump’s engagement with China contrasts with his lack of progress in talks with Russia, which he attributed to frustrations over the Ukraine conflict. This context may indicate Russia’s unease regarding China’s positive interactions with the U.S.

News

Sign of the times? Hyundai and Mazda turn to China for EVs

Hyundai and Mazda tap China for new EVs, highlighting the country’s rising role in global electric vehicle production.

Published

1 day ago

November 3, 2025

ticker NEWS

Hyundai and Mazda tap China for new EVs, highlighting the country’s rising role in global electric vehicle production.

Hyundai and Mazda are now sourcing new EVs from China, their first models built for and by the Chinese market. It’s a move that underscores China’s growing dominance in global electric vehicle manufacturing.

#EVs #ChinaAuto #Hyundai #Mazda #ElectricVehicles #CarNews #AutoTrends #MadeInChina

News

Terror on Cambridge train as nine injured in knife attack

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Published

2 days ago

November 3, 2025

Ahron Young

Nine injured in Cambridge train stabbing; two arrests made as authorities investigate possible terror motives.

Nine people have been seriously injured after a violent stabbing spree on a train near Cambridge. Witnesses described scenes of panic as passengers scrambled for safety during the shocking incident.

Two men have been arrested, as British Transport Police—assisted by counterterrorism units—investigate the motives behind the attack. Armed officers reportedly tackled one suspect armed with a large knife as emergency services flooded the scene.

The attack has left the community shaken and authorities on high alert, with questions swirling about whether this was an act of terror or a random rampage.

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#CambridgeAttack #UKNews #BreakingNews #TrainStabbing #CounterTerrorism #PoliceResponse #CrimeAlert #TickerNews