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Federal Reserve's Schmid: Intuitively, when about one-seventh of federal spending goes towards interest payments, a solution is definitely needed.

2026-06-05

Federal Reserve's Schmid: Intuitively, when about one-seventh of federal spending goes towards interest payments, a solution is definitely needed.

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2026-06-04

SoftBank Group shares plunged 9%.

SoftBank Group shares plunged 9%.
2026-06-04

CHINA FOREIGN MINISTER Wang Yi met in Beijing on the 4th with Michelle Bachelet, a candidate for the next UN secretary-general. Bachelet said the UN is indispensable for addressing global challenges, affirmed she firmly upholds the One-China policy,

CHINA FOREIGN MINISTER Wang Yi met in Beijing on the 4th with Michelle Bachelet, a candidate for the next UN secretary-general. Bachelet said the UN is indispensable for addressing global challenges, affirmed she firmly upholds the One-China policy, and welcomed China’s long-standing support for multilateralism and the UN; she said she is willing to work with China to strengthen the UN’s role. Wang said the next secretary-general will influence UN reform and development over the next five to ten years and will affect member states’ interests, especially those of the Global South; China will participate in the selection process in a responsible, constructive manner to help restore the UN’s authority and vitality.
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