The numbers: The federal budget deficit for fiscal 2024 was $1.8 trillion, up 8% from a year ago, as the government's spending continued to swamp revenues. The fiscal year ended on Sept. 30. Key ...

Romania dispatched four of its fighter jets early on October 19 after an unidentified object breached its airspace in the ...

For a quarter when Wall Street trumpeted the narrative of mounting economic weakness and the need for aggressive rate cuts, they sure enjoyed quite an earnings windfall.

Global finance leaders face a major uncertainty as they meet in Washington next week: Who will win the U.S. presidential ...

The board of the International Monetary Fund (IMF) on October 18 approved a $1.1 billion payout for Ukraine to be used to ...

U.S. Undersecretary of State Uzra Zeya has arrived in Kyiv for talks with Ukrainian officials, the U.S. Embassy to Kyiv said on October 18 on X, adding that the visit is meant "to reaffirm the ...

The IMF Board today completed the Fifth Review of the extended arrangement under the Extended Fund Facility (EFF) for Ukraine, enabling a disbursement of about US.1 billion (SDR 834.9 million) to ...

Many African countries are struggling to service their debts, prompting many observers to call for urgent global action and ...

South Korea claims Pyongyang began moving special forces to Russia earlier this month, days after Ukrainian President Volodymyr Zelenskiy made a similar accusation that North Korea has sent soldiers ...

De facto authorities in Moldova's Transdniester have pledged not to obstruct the access of voters from the Russian-backed separatist region to polling stations amid concerns that Moscow will attempt ...

The European Central Bank lowered interest rates for the second meeting in a row, speeding the pace of rate cuts to support an economy flashing increasing signs of weakness. The ECB said it would ...