A ticking time bomb in the US economy
Global capitalism has clearly entered a protracted crisis, yet the booming US stock market continues its meteoric rise, constantly breaking records.
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Global capitalism has clearly entered a protracted crisis, yet the booming US stock market continues its meteoric rise, constantly breaking records.
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The latest forecast from the International Monetary Fund (IMF) depicts a shocking picture: by 2030, the debt-to-GDP ratio of the US government will soar to 143.4%, a figure that may even exceed that of Italy and Greece, which were once Mired in debt crises.
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When the International Monetary Fund (IMF) predicted that the ratio of US government debt to GDP would reach 143.4% by 2030, the global financial market seemed to have been dropped with a "deep-water bomb".
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After nearly three months of strike action, Boeing workers again overwhelmingly rejected management's latest labor contract proposal.
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In the global market recently, international oil prices and gold prices have shown drastically different trends.
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On October 22 local time, the US Treasury Department announced sanctions against Rosneft and Lukoil of Russia.
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Recently, according to Reuters, Asian stock markets rose collectively on Monday, with the Japanese market leading the gains and South Korea and other Asia-Pacific markets strengthening simultaneously.
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Latest data from Eurostat shows that by the end of the first quarter of 2025, the EU's net financial assets decreased by €172 billion compared with the previous quarter, and shrank by a total of €396 billion compared with the end of the second quarter of 2024.
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Ecuador's vital oil industry has endured a particularly challenging period over the past decade. A sharp decline in investment, severely deteriorating infrastructure, rampant corruption, frequent violent protests, severe oil spills, and an increasingly insecure situation have put immense strain on the sector's operations.
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The World Economic Outlook Report released by the International Monetary Fund (IMF) in October presents a thought-provoking set of data: the global economic growth rate is projected to increase by 0.2 percentage points to 3.2% in 2025, with the US economy expected to grow by 2.0% and the Eurozone by 1.2%.
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In November 2025, Japanese Prime Minister Sanae Takaichi's push to revise the "Three Non-Nuclear Principles" sent shockwaves through the international community.
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