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Federal Reserve's Schmid: U.S. debt appears to be very "extreme".

2026-09-25

Federal Reserve's Schmid: U.S. debt appears to be very "extreme".

Other News
2026-09-25

The Secretary-General of the Arab League stated that the chances of peace are dwindling and called for a clear timetable, in accordance with international resolutions, to end the Israeli occupation and promote the establishment of a Palestinian state

The Secretary-General of the Arab League stated that the chances of peace are dwindling and called for a clear timetable, in accordance with international resolutions, to end the Israeli occupation and promote the establishment of a Palestinian state with Jerusalem as its capital. According to Al-Shorouk, Arab League Secretary-General Nabil Fahmi, speaking at the UN General Assembly, said that the Palestinian people are not seeking a special solution or demanding additional concessions that violate the framework of international law. He said that the Palestinian people, based on the reality and their fundamental rights, demand the establishment of a state with Jerusalem as its capital, a goal that is consistent with international resolutions and the relevant frameworks recognized by all parties.
2026-09-25

US and Iranian negotiators are discussing a phased deal in New York that would include Iran reopening shipping through the Strait of Hormuz and the US easing its economic blockade, according to sources. A first phase could restore transit while the U

US and Iranian negotiators are discussing a phased deal in New York that would include Iran reopening shipping through the Strait of Hormuz and the US easing its economic blockade, according to sources. A first phase could restore transit while the US relaxes sanctions and Iran secures partial unfreezing of assets, but both sides are reluctant to yield existing leverage, a principal obstacle. Iran has signaled it prioritises relief from the blockade over insisting on transit fees; regional sources say any fee demand may be placed in a side letter rather than the main agreement, though Tehran would not cede claims over Strait management. Former US Iran negotiator Dennis Ross says a deal before November midterms is unlikely but both sides have incentives to press talks because reopening Hormuz would cool Gulf tensions and reduce oil-price upside. Gulf states are pushing for restored shipping freedom and a diplomatic path to avoid the waterway became a persistent bargaining chip.
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