_{WORLD NEWS}

Poland Warns of 'Serious and Real' World War Threat as Putin Escalates Tensions with the West

The war in Ukraine has reached a pivotal moment, with Poland warning that the threat of global conflict is “serious and real.” This follows Russia’s launch of a hypersonic ballistic missile in response to Ukraine’s use of Western-supplied long-range missiles, escalating tensions with the West. The missile, capable of reaching speeds over Mach 11, struck Dnipro, prompting emergency NATO-Ukraine talks.

Russian President Vladimir Putin has threatened Western nations supplying weapons to Ukraine and revised Russia's nuclear doctrine, declaring any conventional attack supported by a nuclear power as a joint assault on Russia. The missile strike marks a significant escalation, with Putin vowing to continue testing the new missile system.

Ukraine’s President Volodymyr Zelensky has called for a strong international response and bolstered air defenses, while European leaders, including the UK and Czech Republic, reaffirm their support for Ukraine. Hungary's Prime Minister Viktor Orban warned that Russia’s threats should not be dismissed, emphasizing potential consequences.

The situation highlights mounting risks as Ukraine and its allies face increasing Russian aggression, underlining the urgent need for global unity and action to counter escalating threats. Read More.

_{ECONOMIC NEWS}

Rising National Debt Costs Threaten Trump's Growth and Inflation Goals

Donald Trump’s economic plans, including tax cuts and tariffs, face significant challenges due to the federal debt, which has reached $36 trillion. Rising interest rates have drastically increased the cost of servicing this debt, projected to exceed $1 trillion annually—more than defense spending. This limits Trump’s ability to renew tax cuts and implement ambitious policies, as higher debt levels push borrowing costs even higher, squeezing the federal budget.

Critics argue Trump’s tax policies disproportionately benefit the wealthy, exacerbating deficits and reducing funds for programs aimed at the middle class and poor. Meanwhile, his team plans to counter rising costs by cutting government spending, repealing parts of Biden’s Inflation Reduction Act, and potentially imposing tariffs.

With debt service costs crowding out essential investments like infrastructure and education, Trump faces political and economic pressures to manage the debt burden while fulfilling campaign promises. Historical parallels to the Clinton-era deficit reduction suggest potential paths forward, but implementing such measures would require overcoming significant political hurdles. Read Now.