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Why governments are ‘addicted’ to debt?

Why governments are 'addicted' to debt

Developed economies around the world are loaded up with debt. That was less of a problem in the era of free money, but inflationary pressures are back, and structurally higher interest rates mean debt is more expensive to issue and service.

Russia accuses NATO of preparing for war

AlJazeera

NATO leaders have pledged to raise defence spending to 5% of GDP by 2035, while Germany has expanded its defence budget to around $114bn and Spain and Norway have increased theirs by nearly 50%.

AI-Generated Music Startup Suno Battles Labels As Millions Create Songs

AI-generated music startup

AI-generated music startup Suno now reaches more than 100 million people who make songs online. The Cambridge company lets users type short prompts and receive full songs within seconds. CEO Mikey Shulman built Suno to change how ordinary people interact with music daily. His platform turns simple text ideas into finished tracks with real vocals […]

China’s EV Industry Dominance: Market Leaders, Cost Advantage, and Global Disruption in the Electric Vehicle Economy: ICN.live Report

China’s EV Industry Dominance

China’s electric vehicle industry has evolved into the most powerful force shaping the global automotive landscape. What began as a state-supported industrial push has transformed into a hyper-competitive ecosystem where scale, speed, and cost efficiency redefine market leadership. Today, Chinese manufacturers are not only dominating domestic sales but actively compressing global EV pricing structures through […]

OPEC+ Oil Output Increase Lifts August Targets As Hormuz Exports Recover

OPEC+ oil output increase

OPEC+ oil output increase decisions advanced on Sunday as the group lifted August production targets again. Seven core producers agreed to add 188,000 barrels each day to global markets from August. This latest move matches similar increases the group approved earlier for both June and July. Falling oil prices today shaped the decision as the […]

Alex Eala beats Swiatek at Wimbledon and reaches a historic last sixteen

Alex Eala beats Swiatek

Alex Eala beats Swiatek at Wimbledon, and the Filipina now stands in the last sixteen. The 21-year-old won 7-6(11-9), 6-2 against the defending champion on the famous Centre Court. Iga Swiatek arrived as a six-time Grand Slam champion and the clear pre-match favorite. You might expect nerves from a young player facing a champion of […]