China Expanding Aid for Russia’s War, Western Officials Say
China has stepped up its support for Russia’s war in Ukraine, expanding exports of dual‑use components and critical minerals that fuel Russian drone production. Western officials say Beijing’s assistance is now essential for Moscow to sustain its military effort, describing China as the war’s key facilitator. Trade between the two nations surged to $253 billion in 2024, underscoring deepening economic ties. European attempts to leverage China for a peace push have hit resistance as Xi’s administration maintains a more assertive stance.
A U.S. ‘Debt Spiral’ Could Start Soon as the Interest Rate on Government Borrowing Is Poised to Exceed Economic Growth,...
The CBO projects publicly held U.S. debt will surpass 106% of GDP by 2030 and reach 120% by 2036. Average Treasury interest rates are expected to climb to 3.9% by the end of the forecast, outpacing nominal GDP growth that...