US debt nears 40 trillion amid higher borrowing costs
Reports indicate that two Chinese tankers withdrew from crossing the Strait of Hormuz amid rising geopolitical risks, as oil prices continue to soar, unsettling the market. The surge in diesel prices persists, threatening to reignite inflation in the U.S. economy. Additionally, demand for Japanese machinery increased by 9.7% in June, surpassing expectations, while the U.S. national debt reached $40 trillion amid rising global borrowing costs.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)