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Foreign AffairsU.S National Debt Hits $38 Trillion (Photos) by Kaliningrad(op): 8:19pm On Oct 23, 2025
🇺🇸 In the midst of a federal government shutdown, the U.S. government’s national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’s balance sheet.

It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic the U.S. hit $37 trillion in gross national debt in August this year.

The $38 trillion update is found in the latest Treasury Department report, which logs the nation’s daily finances.

Kent Smetters of the University of Pennsylvania’s Penn Wharton Budget Model, who served in President George W. Bush’s Treasury Department, told The Associated Press that a growing debt load over time leads ultimately to higher inflation, eroding Americans’ purchasing power.

The Government Accountability Office outlines some of the impacts of rising government debt on Americans — including higher borrowing costs for things like mortgages and cars, lower wages from businesses having less money available to invest, and more expensive goods and services.

The Joint Economic Committee estimates that the total national debt has grown by $69,713.82 per second for the past year.

Michael Peterson, chair and CEO of the Peter G. Peterson Foundation, said in a statement that “reaching $38 trillion in debt during a government shutdown is the latest troubling sign that lawmakers are not meeting their basic fiscal duties.”

“Along with increasing debt, you get higher interest costs, which are now the fastest growing part of the budget,” Peterson added. “We spent $4 trillion on interest over the last decade, but will spend $14 trillion in the next ten years. Interest costs crowd out important public and private investments in our future, harming the economy for every American.”

The U.S. hit $34 trillion in debt in January 2024, $35 trillion in July 2024 and $36 trillion in November 2024.


AP News || Al Jazeera

Foreign AffairsPete Hegseth Wears Russian Flag Tie To Meeting With Zelensky (Photos) by Kaliningrad(op): 9:33am On Oct 18, 2025
U.S War Secretary Wears Russian Flag Tie To Meeting With Zelensky.

@Jake Broe posted;
🇺🇸 U.S War Secretary, Pete Hegseth showed up to the White House meeting today with President Zelensky wearing a Russian tricolor flag tie.

These people love Putin and Russia 🇷🇺

Foreign AffairsRe: President Putin Is 73 Years Old Today (Photos) by Kaliningrad(op):
👍🏻 Like for Russia-Putin, share for USA/Nazi/NATO

3️⃣4️⃣6️⃣
Foreign AffairsPresident Putin Is 73 Years Old Today (Photos) by Kaliningrad(op):
https://d3i6fh83elv35t.cloudfront.net/static/2025/06/2025-05-29T140939Z_590560575_RC2PREAE9FDN_RTRMADP_3_RUSSIA-PUTIN-768x508.jpg
https://thenationaldesk.com/resources/media2/16x9/full/1024/center/80/98714d5c-6e9d-46b2-add1-9980c4110ced-large16x9_AP22227490274365.jpg

🇷🇺 President of Russia Vladimir Putin is 73 years old today. Putin was born on 7 October 1952 in Leningrad. Until 1965, he attended a secondary school of general education, after which he entered a specialised secondary school with an advanced study of chemistry.

Later, he became a student at the Faculty of Law at Leningrad State University named after A. A. Zhdanov (now St. Petersburg State University).

On 31 December 1999, Putin became Acting President of Russia, and on 26 March 2000, he was elected Head of the Russian State through a nationwide vote.

He was subsequently re-elected to this position in 2004, 2012, 2018, and 2024. Between 2008 and 2012, when Dmitry Medvedev served as President, Putin held the post of Chairman of the Government.

Under the leadership of Vladimir Putin, Russia has hosted several major international events, including the 2014 Winter Olympic Games in Sochi and the 2018 FIFA World Cup.

The country also regularly holds the St. Petersburg International Economic Forum and the Eastern Economic Forum, which have become important platforms for intergovernmental dialogue.

In addition, with Russia’s active participation, key international groups were established – BRICS, the Shanghai Cooperation Organisation (SCO) and the Eurasian Economic Union (EAEU) – which have strengthened the country’s position on the global stage.

On the Russian leader’s birthday, he traditionally receives congratulations from foreign heads of state and government.
🔗 BRICS TV

Foreign AffairsRe: Russia Will Seize Assets Of Western Companies In Retaliation - Kremlin Warns by Kaliningrad(op): 8:46am On Oct 03, 2025
Hellisreal70:
What is russia waiting for.

No more characters to add
Waiting for the west to seize theirs so they can retaliate.
Foreign AffairsRe: Russia Will Seize Assets Of Western Companies In Retaliation - Kremlin Warns by Kaliningrad(op): 8:44am On Oct 03, 2025
Nemesis0147:
nobody is scared of Russia….just that not everybody is so eager to waste lives of his citizens.
Diplomacy is life
Define scared?

When you see a lion and run, what does that mean?

Does it mean you're brave?
Foreign AffairsRe: Russia Will Seize Assets Of Western Companies In Retaliation - Kremlin Warns by Kaliningrad(op): 8:09am On Oct 03, 2025
Redoil:
Russia the cockroach making noise as usuall after failing to decimate ukraine as expected
Cockroach that made 32 grown men (NATO) to shit their pants. Till date the US/NATO is still obeying the order of a Cockroach to not step foot inside Ukraine.

Why does the US need 32 grown men to fight a Cockroach??

Ukraine isn't decimated but Zelensky comes online to cry every 2 days? Have you seen him lately, he's looking older than my grandpa.

Let the US try decimating ragtag goat herders Taliban or the Houthis then we can talk.


🤡 🤡 🤡 🤡 🤡 🤡
Foreign AffairsRe: Russia Will Seize Assets Of Western Companies In Retaliation - Kremlin Warns by Kaliningrad(op):
👍🏻 Like for Russia-Putin, share for USA/Nazi/NATO

3️⃣4️⃣6️⃣
Foreign AffairsRussia Will Seize Assets Of Western Companies In Retaliation - Kremlin Warns by Kaliningrad(op): 7:56am On Oct 03, 2025
Russia Will Seize Assets Of Western Companies In Retaliation - Kremlin Warns

https://assets.newsweek.com/wp-content/uploads/2025/10/AP25275699545297_4d6019.jpg

🇷🇺 Russia may nationalize and swiftly sell off foreign-owned assets under a new privatization mechanism in retaliation for any European moves to seize Russian holdings abroad, according to a person close to the government.

President Vladimir Putin on Tuesday signed an order allowing for fast-track sales of state-owned assets under a special procedure.

The decree is intended to speed up the sale of various companies, both Russian and foreign, the person familiar with the matter said, asking not to be identified because the information isn’t public.

Should the European Union begin seizing Russian assets, Moscow may respond with symmetrical measures, the person said.

Hundreds of western companies working in sectors from banking to consumer goods still operate in Russia, including UniCredit SpA, Raiffeisen Bank International AG, PepsiCo Inc, and Mondelez International Inc.

Putin acted as EU leaders meeting in Denmark build momentum for a plan to provide Ukraine with €140 billion ($164 billion) in loans from immobilized Russian central bank assets, ahead of a formal summit at the end of this month.

The long-standing proposal to leverage the assets has gained traction after the US under President Donald Trump halted its direct support for Ukraine, leaving Europe to shoulder the burden of aiding the war-battered nation in its defense against Russia’s invasion.

“In case of seizure, there will be a response,” Kremlin spokesman Dmitry Peskov said Thursday, replying to a request for comment. On Wednesday, he called the EU asset plan an “illegal seizure of Russian property, theft.”

The EU has proposed a plan that wouldn’t amount to seizing the assets and Russia’s claims should they arise in future would be guaranteed, Bloomberg previously reported. Moscow would get the funds back if it agrees to compensate Ukraine for the damage the war has caused.

The Russian decree limits pre-sale valuations to 10 days and speeds up state registration of ownership, according to the document published on the government’s website. State-owned Promsvyazbank PJSC was appointed to handle such deals, and Putin’s order emphasized that the changes were a response to sanctions against Russia.

Putin has warned that the global financial order would be undermined if the West moved to seize Russia’s frozen state reserves abroad that were blocked.

The new decree could also be used to sell off assets once owned by Russian investors. The Kremlin has stepped up seizures targeting Russian citizens including those with foreign passports or who’ve been accused of extremism or corruption.

The total value of confiscated property since 2022 reached 3.9 trillion rubles ($48 billion) as of June, according to estimates from Nektorov, Saveliev & Partners, a law firm in Moscow.

So far, Russia has refrained from nationalizing assets belonging to international corporations. Instead, it has acted to take some companies into temporary management prior to arranging sales to preferred buyers at steep discounts.
MSN || Euractiv

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