Araghchi warns that the US will face further defeat if it continues to escalate its failed economic policies against Iran.

The US national debt is set to cross $40 trillion earlier than previously expected as higher oil prices, inflation concerns, rising government borrowing and uncertainty over massive AI investments drive long-term bond yields higher across major economies.

This episode examines Saudi Arabia's growing public debt crisis.

French Prime Minister François Bayrou has unveiled a sweeping austerity plan under the banner Stop Debt, aiming to save over 40 billion euros and cut the public deficit to meet EU rules.

Iraq agrees to pay back some $0.9 billion worth of debts to Iranian firms that date back to before 2013.

White House National Security Council spokesman John Kirby says Ukraine war in jeopardy due to looming US debt default.

In the US, it is being called the most expensive back-to-school September ever.