GFIN

TL/DR - Moody's, a credit rating agency, warned that a potential U.S. government shutdown could negatively impact the nation's credit. The warning comes a month after Fitch downgraded the U.S. by a notch due to a debt ceiling crisis. A…

US President Joe Biden has issued a warning about the potential economic consequences of federal budget cuts and a looming government shutdown. With the clock ticking towards a possible shutdown, Biden emphasized the impact it would have on…

Japanese Prime Minister Fumio Kishida is expected to focus on easing the burden of rising fuel bills in his upcoming economic stimulus package. With a growing concern over inflation, the central bank is also set to come under political…

U.S. President Joe Biden's administration is aiming to have 30 gigawatts (GW) of installed wind power capacity by 2030 in an effort to decarbonize the power sector and boost domestic manufacturing. Although the country currently has no…

Russian Attack on Eastern Ukraine City Overshadows Blinken's Visit KYIV, Sept 6 (Reuters) - A reported Russian attack on the city of Kostiantynivka in eastern Ukraine has left at least 16 people dead, casting a shadow over U.S. Secretary…

China's Economic Slowdown in Focus as Major Developer Faces Trouble China's economy is experiencing a slowdown, with policymakers attempting to rectify a downturn in the property market. Emphasis is being placed on the struggles faced by…

Title: Wildfire Devastation in Maui Threatens Affordable Housing and Hawaiian Culture Introduction: The recent wildfire in Maui, Hawaii has not only destroyed homes and claimed lives but has also exacerbated the chronic shortage of…

U.S. Senate Passes Sweeping Defense Bill, Setting Up Showdown with House Legislation WASHINGTON, July 27 - The U.S. Senate passed a sweeping bill on Thursday that sets policy for the Department of Defense, setting up a showdown with…

German officials have confirmed that they will provide US chipmaker Intel with €10bn ($10.91bn) in subsidies for its proposed factory in Magdeburg. The move is part of the German government’s efforts to attract foreign investment and comes…

President Biden and House Speaker Kevin McCarthy have agreed to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, to prevent the U.S. government from defaulting on its debt. The deal comes after weeks of negotiations between…