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Global Markets React to US Fiscal Shift, Geopolitical Tensions, and Monetary Policy Stance
Stock Market News·2025-09-12 09:38

Key TakeawaysThe U.S. government's interest payments on its national debt have surged to a record 1.21trillionoverthepastyear,nowexceedingitsentiredefensebudgetforthefirsttime.Thismarksasignificantfiscalshift,withprojectionsindicatinginterestcostscouldreach1.21 trillion over the past year, now exceeding its entire defense budget for the first time. This marks a significant fiscal shift, with projections indicating interest costs could reach 1.6 trillion by 2034.Brazil's former President Jair Bolsonaro has been sentenced to 27 years and three months in prison for plotting a military coup to retain power after his 2022 election defeat. His defense plans to appeal ...