Business
US credit card debt hits historic high – data
The credit card balances of Americans topped $1 trillion in Q3, according to the New York Federal Reserve
US debt interest bill tops $1 trillion a year – Bloomberg
High interest rates have reportedly made US government debt more expensive to maintain
European country reveals nuclear energy plan
Switzerland plans to keep its nuclear power plants running until 2040 amid concerns over security of electricity supply, Bloomberg says
IMF upgrades China’s growth outlook
The IMF has improved its economic growth forecast for China, citing post-pandemic recovery
Asian country calls for boycott of ‘pro-Israeli’ goods
Indonesia is calling for a ban on major American and international brands over their alleged links with Israel, according to reports
BRICS should create their own internet – MP
A Russian lawmaker has suggested that the BRICS nations should create their own Internet, separate from the Western-dominated one
World’s largest bank forced to use USB stick to trade
The world’s largest bank by assets, China’s ICBC, reportedly suffered a cyberattack that disrupted US Treasury trades this week
Ukraine promises Russian gas to EU country
Ukraine will supply Austria with Russian gas even if Kiev doesn’t renew transit contract with Moscow, its deputy PM has said
Israel destroying Palestinian economy – UN
The Israel-Hamas conflict is having a devastating impact on the economy in Gaza and the West Bank, according to a UN report
Russia experiencing shortage of industrial workers – media
Russia’s labor market is struggling with a deficit of skilled industrial workers across various sectors of the economy
‘Terrorist’ economy: Washington is prepared to create a new financial disaster for the whole world
The US Treasury market, essential to the functioning of the global financial system, doesn't seem to be working
Bangladesh sends paramilitary units to break up workers protests (VIDEO)
Security forces deployed rubber bullets, tear gas and batons against garment industry workers amid violent wage protests in Bangladesh
EU reopens Apple ‘tax-dodging’ case
US tech giant Apple’s Irish tax saga continues after an EU court adviser found legal errors, Reuters reports
Malaysian ex-official to be caned and jailed – media
A court in Malaysia has sentenced former youth and sports minister Syed Saddiq for corruption, local media report
Turks abandoning ‘pro-Israel’ Visa and Mastercard – media
Turkish citizens are reportedly rushing to replace Western credit and debit cards with the domestic payment equivalent
Russia signs bumper grain deal with Middle Eastern ally
Syria will import 1.4 million tons of Russian grain as it seeks to boost trade with Moscow, its agriculture minister has said