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UK PM Starmer says no plans to quit despite local elections defeat

Ravi Singh9 hours ago03 mins

LONDON, ENGLAND – MAY 9: Prime Minister Keir Starmer and Deputy Prime Minister David Lammy speaks to media reacts to the local Council Election results at AFC Wimbledon on May 9, 2026 in London, England. (Photo by Alishia Abodunde/Getty Images) Alishia Abodunde | Getty Images News | Getty Images U.K. Prime Minister Keir Starmer reiterated…

The explosion of U.S. debt is wiping out the ‘safety premium’ of Treasury bonds, IMF warns

Ravi Singh3 weeks ago03 mins

Soaring U.S. debt is causing Treasury bonds to lose their risk advantage over other securities, making it more expensive to borrow money, the International Monetary Fund warned. Treasuries have long enjoyed the status as the world’s top safe haven asset. But annual budget deficits are now at $2 trillion, rapidly piling on to the $39…