Liabilities held by the public could exceed the country’s annual output as early as next year, according to the Congressional Budget Office US debt held by the public is expected to hit an all-time high within the next ten years, the Congressional Budget Office (CBO) warned in its latest Budget and Economic Outlook, released on…

Financial institutions are wary of Washington’s penalties for dealing with Moscow, according to MSP Bank   Some Chinese banks are rejecting transactions from Russian banks on fears of being targeted by US secondary sanctions, the deputy CEO of Russia’s MSP Bank, Aleksey Potapov, revealed on Thursday, citing customers.

The US president last month paused approvals for gas export terminals, citing climate-change reasons Charities controlled by members of the Rockefeller family and billionaire donors were behind a successful campaign to pressure US President Joe Biden into suspending new approvals of liquefied natural gas (LNG) exports, the Wall Street Journal reported this week, citing its…