The $247 trillion global debt bomb is ticking

The untold story of the world economy is the potentially explosive interaction between the spreading trade war and the overhang of global debt, estimated at a staggering $247 trillion. That’s ‘trillion’ with a ‘t.’ The numbers are so large as to be almost incomprehensible.

U.S., France and Gulf allies agree to new round of talks on Syria

French President Emmanuel Macron and President Trump on the sidelines of the NATO summit in Brussels have reportedly agreed on a plan to push Middle East allies Saudi Arabia, Egypt and Jordan to start talks on way to put an end to Syria’s seven-year civil war.

UN Security Council: Ethiopia-Eritrea peace deal is historic

The U.N. Security Council says the peace declaration signed by Ethiopia and Eritrea after 20 years as enemies ‘represents a historic and significant development with far-reaching positive consequences for the Horn of Africa and beyond.’

U.S. Seeks to Thwart Iran Flying Millions in Cash Out of Germany

Top Trump administration officials are working to stop Germany from allowing Iran to fly more than $350 million in cash out of the country and back to Tehran as part of a bid by the Iranian regime to restock its coffers ahead of a major financial crackdown by America, according to conversations with senior U.S. diplomats and officials on Capitol Hill.

US job growth was likely solid in June despite trade risks

Employers in the United States are thought to have kept up their brisk pace of hiring in June, reflecting the durability of the second-longest U.S. economic expansion on record even in the face of a trade war with China.

Russia blocks Security Council statement on Syria

Russia on Thursday blocked the UN Security Council from adopting a statement on the situation in southwestern Syria, where rebels are under intense bombardment, diplomats said after an urgent meeting requested by Sweden and Kuwait.

Wind spreads California fire as other states battle blazes

A massive wildfire in rural Northern California has exploded in size and forced evacuations in hot, dry weather that is sweeping through several western states where blazes are threatening thousands of homes.

Worthy Christian News