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UK to unveil 'largest military investment' in three decades

Prime Minister Boris Johnson will on Thursday unveil what is being billed as Britain's biggest programme of investment in the armed forces since the end of the Cold War. In a speech to lawmakers in parliament, Johnson will announce an extra £16.5 billion ($22 billion, 18.5 billion euros)...

Pandemic adds $15 trillion in world debt

In the first three quarters of 2020, global debt increased by $15 trillion to reach $272 trillion as the pandemic forced businesses to shut and pushed people out of jobs. After a large surge in the global debt-to-GDP ratio (from 320% to 362% year-on-year in the first half), the increase in...

Turkey urges discipline ahead of new COVID-19 curfews

Turkey’s government urged “tight discipline” on Wednesday as the country prepared for new weekend curfews, online schooling and limits on restaurants and cafes that are to begin Friday evening and last through year end to contain the pandemic. President Tayyip Erdogan announced the...