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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 $1.21 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 ...