Economy
Borrowing Costs Climb as Rate Relief Efforts Fade Away
•US borrowing costs surge amid mounting debt concerns as attempts to ease rates prove temporary. National debt exceeds $40 trillion, raising economic worries.
23 August 2026
Section
National Debt
Economy
National Debt Hits $40 Trillion as Interest Rates Surge
•US national debt surpasses $40 trillion milestone with interest rates on 30-year bonds at highest levels in two decades, reshaping fiscal outlook.
20 August 2026
Economy
UK Borrowing Surges to £23.3bn in May Amid Fragile Public Finances
•UK borrowing reached £23.3bn in May, rising 30% year-on-year. Official figures reveal growing concerns about fragile public finances and fiscal sustainability.
20 June 2026