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Breaking News | China | NewsThere may be little to recover in the $300 billion Evergrande debt saga
China Evergrande — the world’s most indebted property developer — received a liquidation order from a Hong Kong court on Monday, but there may be little left to recover, said experts. The order came more than two years after Evergrande sent the country’s property sector into a tailspin. Liquidators will now take control of the…
Americans owe a record $1 trillion in credit card debt
Credit card debt hit $1 trillion for the first time on record, according to new data, a troubling development as interest rates and delinquencies also rise. Total balances on credit cards and other revolving accounts reached $1 trillion the week of July 26, up from $998 billion the prior week, the Federal Reserve Bank of St….
Breaking News | News | UkraineTrump says Ukraine will receive more weapons after US pause on shipments
Donald Trump has said the US will send more weapons to Ukraine after an announcement last week that Washington would halt some shipments of critical arms to Kyiv. During a meeting with Israeli Prime Minister Benjamin Netanyahu, Trump said he was “not happy” with Russia’s Vladimir Putin and that Ukraine was “getting hit very hard”….
Trump says he will meet with Putin soon
President Donald Trump announced Friday he will meet with Russian President Vladimir Putin soon, as the White House continues to press for a peace agreement between Russia and Ukraine. Trump told reporters during a trilateral meeting with the leaders of Armenia and Azerbaijan he will meet with Putin “very shortly,” and said the details of…
Trump to meet Qatari PM days after Israeli strike on Doha kills six
Donald Trump is expected to meet Qatar’s prime minister Sheikh Mohammed bin Abdulrahman al-Thani on Friday evening in New York, just days after US ally Israel carried out an unprecedented air strike on the Qatari capital Doha. The bombing is the first such attack by Israel on Qatar, which has hosted multiple rounds of ceasefire…
Israel, Lebanon agree to implement ceasefire, boosting hopes for Iran deal
Dubai — Israel and Lebanon agreed to implement a ceasefire to end hostilities, the Trump administration said on Wednesday, in a boost to hopes for a broader deal to end the U.S.-Israeli war on Iran. Tehran, which had conditioned any deal with the U.S. in part on an end to fighting between Israel and Lebanon,…


