economy
US national debt exceeds $40 trillion for first time
The uptick in borrowing is a blow to Trump, who promised to cut public spending during his 2024 presidential campaign, and has sparked a backlash from US representatives across the political spectrum.
China's exports and imports surge in July
Exports climb 23.9% year-on-year last month; imports increase 27.5%, though that was down from the 36% surge seen in June, the General Administration of Customs (GAC) reported.
August 7, 2026
.jpg&w=3840&q=80)
China says exports jump 19.4% on-year in May, beating forecasts
China’s exports and imports surged in May, beating forecasts and boosted by strong US demand, though rising energy costs and weaker domestic demand continue to pressure the economy.
June 9, 2026
Moody’s revises Pakistan’s banking sector outlook to stable amid gradual recovery
Moody’s has changed Pakistan’s banking outlook to stable, citing gradual economic recovery, lower inflation, improving financial conditions, and expectations that banks will remain stable and well-capitalized over the next year.
February 9, 2026
G20 billionaires could end world poverty in one year's earnings: Oxfam
Billionaires in the world’s leading economies made $2.2 trillion last year, which would have been enough to lift all the world’s poor out of poverty, global campaign group Oxfam said Thursday
November 21, 2025
China's ruling Communist Party meets to map out plans for the next 5 years
China’s Communist Party, led by Xi Jinping, is holding its fourth plenum to finalize the 2026–2030 five-year plan, focusing on economic growth, technology self-sufficiency, consumer spending, and stability amid trade tensions and domestic challenges.
October 19, 2025