US Debt, Global Fiscal Ratios Still Concerning, Says Citi's DeQuadros

Trump Orders Halt to US Trade With Spain at NATO Summit

Tensions between the United States and Spain have grown over NATO burden sharing and Madrid’s refusal to fully back Washington’s military strategy during the Iran war. Spain has declined to commit to NATO’s new defence spending target of 5 percent of gross domestic product and did not allow the United States to use its airspace [] The post Trump Orders Halt to US Trade With Spain at NATO Summit appeared first on Modern Diplomacy.

Cutting China Ties Would Cost the West $23.6 Trillion, EY-Parthenon Study Finds

The United States and Europe would need 23.6 trillion to meaningfully reduce dependence on Chinese supply chains, an EY-Parthenon study estimates. The figure exceeds the EU's annual GDP and illuminates why no Western government has proposed full decoupling.

Asia FX Talking: Large export flows yet to help North Asian FX

ASIA/PACIFIC: Trade data continues to suggest that North Asian currencies should be enjoying the benefits of large export flows. That is not the case yet for Korea and Taiwan, while China's FX regime remains well controlled. Expect authorities to continue efforts to support local currencies – efforts which could prove successful if the dollar turns later this year

How International Businesses Can Receive USD Payments More Efficiently in 2026

Despite the growth of regional payment systems and local currency settlement initiatives, the U.S. dollar remains the foundation of global commerce. According to the Bank for International Settlements (BIS), the USD is involved in approximately 90 of all foreign exchange transactions worldwide, making it the most widely used currency for international trade, treasury operations, and [] The post How International Businesses Can Receive USD Payments More Efficiently in 2026 appeared first on BNO News.

“Wasted cause”: Trump lashes out at Spain over NATO spending, says wouldn’t be doing trade “anymore”

US President Donald Trump on Wednesday lashed out at the Spanish government over its defence spending within the North Atlantic Treaty Organization (NATO), calling the country a wasted cause and saying that the United States would not be doing trade business with it anymore.

China to export robots capable of locating undersea cables

Southeast Asia, Middle East, Europe targeted for export, reports South China Morning Post

Airline industry losses to nearly triple in FY27 due to West Asia conflict, ATF prices: ICRA

India's aviation industry is expected to face a much deeper financial downturn in FY27, with ICRA nearly tripling its loss estimate to as much as 38,000 crore. The ratings agency cited the West Asia conflict, elevated ATF prices, rupee depreciation and rising lease costs as key factors hurting airline profitability.

Online business matching generates US$135 million for Indonesian MSMEs

The Ministry of Trade recorded nearly US135 million in export and potential transactions throughout 2025 by leveraging ...

I saw British soldiers killed due to spending failures. More money isn’t the answer

Without radical change, simply 'spending more' will be a catastrophic waste we can't afford

e-EFKA: New 72-installment plan for settling social security debts is now in effect

This applies to debts for periods up to and including December 31, 2023 — The minimum monthly payment is 30 euros The post e-EFKA: New 72-installment plan for settling social security debts is now in effect appeared first on ProtoThema English.

Trump Calls Spain ‘Wasted Cause,’ Threatens to Cut Trade Ties

The United States and Spain have been at loggerheads since Spain declined to join other NATO allies last year in pledging to increase defense spending.

Middle East on the brink as US and Iran unleash fresh strikes

Middle East on the brink as US and Iran unleash fresh strikes

Spain plays down Trump’s trade embargo threat, saying there is ‘no tension’

Spain remained calm in the face of US President Donald Trump’s latest attack on Wednesday – which saw him order a halt to all trade with the country – as Madrid stressed its relationship with Washington remained “positive”. Trump called Spain a “wasted cause” and “hopeless, bad people” during comments to reporters ahead of a Nato leaders’ meeting in Ankara, and ordered officials to cut off trade with the country – the second time Trump has made such a threat since March. The US leader has...

Is the U.S. dollar debasement trade dead?

Is the U.S. dollar debasement trade dead?

Central Bank reserves rise by $1.64 billion as FX purchases continue

The Central Bank of Azerbaijan (CBA) says the country's foreign exchange market continues to experience a surplus of foreign currency supply over demand, supported by a growing current account surplus and the ongoing de-dollarization of the financial sector, AzerNEWS reports.

A Path to a New Reserve Currency

The reform of the international monetary system has been a subject of constant debate, reflecting widespread dissatisfaction with the dollar-based and US-controlled arrangements that have prevailed since World War II. The United States is very much attached to its privileged and dominant position, and is unwilling to seriously contemplate any changes to it. The rest of the world is increasingly uneasy with the way the US handles its dominance.

Tens of millions face being pushed into hunger crisis by Trump’s Iran war fallout

Experts warn that even after a ceasfire in Iran, the war’s disruption to supply chains is set to significantly impact some of the world most fragile countries – with many already grappling with sweeping cuts to international aid

Spain Tightens Rules on Holiday Rentals in Barcelona and Tenerife

Spain, known for its thriving tourism industry, is facing new challenges as the influx of tourists continues to grow. Recent protests and increasing living costs have spurred the government to take action, targeting holiday rentals in major tourist cities. The crackdown comes as part of a broader effort to manage overcrowding and make life more ... Read more The post Spain Tightens Rules on Holiday Rentals in Barcelona and Tenerife appeared first on Tenerife News.

Iran survived the first round, the next may be worse

The region enters a fragile pause — with diplomacy, deterrence and nuclear risk back at the center Read Full Article at RT.com

Bayer: Debt Remains A Problem, Value Remains Compelling

Bayer: Debt Remains A Problem, Value Remains Compelling

Trump calls for cutting off all trade with Spain over NATO contributions

President Donald Trump has slammed Spain for not contributing enough to NATO, as the defense alliance battles mounting frictions among allies. “Spain is a terrible partner in NATO. They don’t participate. They don’t pay. I don’t want anything to do with Spain. Cut off all trade with Spain, please, including visits,” he said at a []...Click to read more

Deglobalization calls for shift toward financial cooperation in East Asia: experts

Deglobalization calls for shift toward financial cooperation in East Asia: experts

EDB's expansion to 11 countries reframes Central Asia's place in global finance

EDB's expansion to 11 countries reframes Central Asia's place in global finance

JUST IN: 🇪🇺🇮🇱 European Union countries consider banning trade with Israeli settlements in the [...]

JUST IN: European Union countries consider banning trade with Israeli settlements in the occupied West Bank, Palestine.@BRICSNews

India's external debt rises to $762.8 billion in FY26, debt-to-GDP ratio climbs

India's external debt reached 762.8 billion by March 2026, a rise of 26.3 billion year-on-year, pushing the debt-to-GDP ratio to 20.8. The US dollar's strength significantly impacted this figure. While long-term debt saw a modest increase, short-term debt's share grew, raising concerns about its proportion to foreign exchange reserves. Despite these shifts, debt servicing as a percentage of current receipts declined.

Trump droht mit kompletter Einstellung des Handels der USA mit Spanien

Spanien ist ein hoffnungsloser Fall. Wir wollen keine Handelsbeziehungen mehr mit Spanien unterhalten“, sagt der US-Präsident vor dem Nato-Gipfel in Ankara.

Bills Would Reform Federal Bureaucracy, Protect Taxpayers

By Alexander Ciccone.

Nifty Down 0.8%, Sensex Drops 640 Points: Three Reasons Why Market Is Falling

The broader market is facing slight pressure too, with the Nifty Smallcap 250 falling almost 0.1, and the Nifty Midcap 150 dropping about 0.16.

Bank of Russia buys yuan worth $121.57 mln with July 6 settlement

The volume of foreign currency purchases on the domestic market with settlement on July 3 also totaled 121.57 mln

Trump renews threat to cut off trade with Spain

Lashing out at Spain and calling it a “terrible partner,” President Donald Trump on Wednesday revived an earlier threat to break off trade. “Spain is a wasted cause,” Trump said on the sidelines of the NATO summit. “We don’t want to do any trade business with Spain anymore, by the way. I’d like to cut [] The post Trump renews threat to cut off trade with Spain appeared first on Egyptian Gazette.

Trump calls to cut off all US trade with Spain

President Trump lashed out at Spain early Wednesday during remarks from the NATO summit, urging the U.S. to cut off all trade with the European country over what he called a lack of contributions to defense spending. “Spain is a wasted cause. We don’t want to do any trade business with Spain anymore by the...

Can Trump 'cut off all trade' with Spain?

Can Trump 'cut off all trade' with Spain?

Israeli Attacks On Lebanon Nearly ‘Derailed’ US-Iran Talks in Switzerland: Pakistan Foreign Minister

Pakistan’s Foreign Minister Ishaq Dar tells Al Arabiya in an exclusive interview that Israeli attacks on Lebanon nearly derailed efforts to bring the United States and Iran back to the negotiating table. Dar said technical talks held in Switzerland marked the second phase of a recently announced US-Iran Memorandum of Understanding (MoU). Three working groups discussed Iran’s nuclear program, sanctions and frozen assets, and the situation in Lebanon. He also said no transit or service fees would be imposed on ships passing through the Strait of Hormuz during the current 60-day period. #Iran #USIranDeal #Trump #Tehran #WashingtonDC #Pakistan #IshaqDar #MiddleEast #Diplomacy #ForeignPolicy #IranNuclearDeal #NuclearTalks #Sanctions #Lebanon #Israel #StraitOfHormuz #Hormuz #Shipping #GlobalTrade #RegionalSecurity #PeaceTalks #Switzerland #AlArabiyaEnglish #AlArabiyaNews #BreakingNews #WorldNews

"Wasted cause": Trump lashes out at Spain over NATO spending, says wouldn't be doing trade "anymore"

Ankara [Turkey], July 8 (ANI): US President Donald Trump on Wednesday lashed out at the Spanish government over its defence spending within the North Atlantic Treaty Organization (NATO), calling the country a 'wasted cause' and saying that the United States would not be doing trade business with it 'anymore'.Speaking to reporters during his meeting with NATO General Secretary Mark Rutte on the sidelines of the 2

The Latest: Trump demands 20% toll for passage through strait

President Donald Trump said Iranian ships will no longer be able to travel through the Strait of Hormuz and America would charge a 20 toll on other countries’ eligible cargo, escalating tensions after weekend of attacks by both nations to assert control of the critical waterway. The European Uni...

Big Beautiful Bill Cuts $5 billion From State Budget Over 5 Years, Affecting Over 700,000 Coloradans

Colorado’s budget pain will be inflamed by the loss of over 5 billion in federal funds in the next five years, due to the Big Beautiful Bill (BBB), passed by congressional Republicans and signed by President Donald Trump last year.

What would happen if we balanced the budget?

If our citizens understood the dangers we are facing with our wild, out-of-control spending and the enormous advantages of a balanced or near-balanced budget, we might get support for fiscal sanity in Washington. We have no fiscal sanity today, and worse, the optimistic projections from the nonpartisan Congressional Budget Office show the situation getting much []

Econometer: Was it the right move to not renew the USMCA?

The Trump administration decided recently not to renew its trade pact with Canada and Mexico, instead opting to do annual reviews. The United States-Mexico-Canada Agreement, or USMCA, stays in place unless someone pulls out. The difference now is...

Qatar records strong FDI momentum in 2025, with 52% increase in new projects and $3.4bn in investment

Invest Qatar, the Investment Promotion Agency of Qatar, today released its 2025 Annual Report, marking a remarkable year for foreign direct investment (FDI) and reaffirming Qatar’s position as a leading destination for high value, impact-driven global investment. In 2025, Qatar attracted 3.4 billion in FDI capital expenditure (capex) across 373 projects that generated 15,051 new [] The post Qatar records strong FDI momentum in 2025, with 52 increase in new projects and 3.4bn in investment appeared first on Middle East News 247.

Antigua PM Says US Visa Policy Hurting Trade, Students and Families

ANTIGUA BARBUDA - Antigua and Barbuda Prime Minister Gaston Browne says the United States' tightened visa policies are affecting trade, commerce, students and families with ties to the country, as he called for the restrictions to be lifted.

North America leads Stellantis vehicle shipments rise in Q2

Stellantis said preliminary second-quarter vehicle shipments rose 10% from a year earlier to nearly 1.6 million units, driven by strong growth in North America, its most important market. #News #Reuters #Newsfeed #stellantis Read the story here: https://reut.rs/4vvcsK2 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

What to Know About Ethiopia’s Debt Breakthrough

Addis Ababa’s debt relief process has highlighted divisions in the global financial system.

Spain rejects Sahara link to Morocco’s rising debt

Spain’s government attributed Morocco’s growing debt to Madrid to state-backed financing used to support Spanish companies abroad, rejecting a suggested link to its 2022 policy shift on the Sahara, according to a written response filed with the Senate. The reply followed a question from Popular Party senator Natalia Ucero Pérez, who asked whether the rise [] The post Spain rejects Sahara link to Morocco’s rising debt appeared first on HESPRESS English - Morocco News.

Swamp’s Military-Industrial Complex Merger With Israel Inches Closer To Becoming Reality

Congress is inching closer to deeply integrating America’s military-industrial complex with Israel’s national security state. The Senate has proposed 300 million for a program that would benefit Tel Aviv in its version