German government officials said Ireland's proposal for the EU fiscal framework is unacceptable. Germany's contribution would rise from €40bln a year to more than €60bln, and all sectors must cut spending.

2026-10-13

German government officials said Ireland's proposal for the EU fiscal framework is unacceptable. Germany's contribution would rise from €40bln a year to more than €60bln, and all sectors must cut spending.

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2026-10-13

Kirill Dmitriev, Russia's presidential special representative for foreign investment and economic cooperation, on the 11th called on Elon Musk's Boring Company via social media to begin building a "Putin–Trump tunnel" linking Russia and the United States and connecting Eurasia with the Americas. Dmitriev first proposed the project last year.

2026-10-13

G24 chair Taiwo Oyedele said on Tuesday at the IMF and World Bank annual meetings in Bangkok that debt vulnerabilities in many developing economies—notably in Africa—have become a major barrier to achieving inclusive growth, with governments facing mounting debt burdens. He estimated developing countries pay about $500bn more in debt servicing than advanced economies, while widening fiscal deficits and sharply higher borrowing costs are adding pressure. Ongoing Middle East conflict-related suppl