Iraq parliament approves al-Zaidi’s cabinet amid growing economic concerns
Iraq’s parliament has finalised key minister appointments five months after al-Zaidi’s government took office.

Iraq’s parliament has finalised key minister appointments five months after al-Zaidi’s government took office.








![A young Indian man, who requested anonymity, playing a betting-based game he's addicted to [Majid Maqbool/ Al Jazeera]](https://aljazeeranews-mggx1uo47w.edgeone.app/wp-content/uploads/2026/09/465547-1789126462.jpg?resize=770%2C513&quality=80)
Trump’s $1.3 trillion promise would heavily increase national debt, already at a historic $40 trillion.

Rising bond yields are lifting borrowing costs for governments, businesses and households across the global economy.

The US national debt has officially surpassed $40 trillion for the first time in history, and it’s growing fast.
Heavy borrowing, increased spending and tax cuts by Democratic and Republican administrations have long raised concerns.
The amount has doubled in the last decade, from Trump’s first term through the Biden administration.
European intelligence report warns of strain on Russia’s banks, but experts say a full-blown crisis is unlikely

Andre Perry tells This is America that going to college still pays, but low-wealth students carry most of the debt.
China and Sudan signed off on a waiver of $50m as Sudan’s military-led government seeks support amid Western sanctions.
A big challenge for Colombia’s next president will be how to reduce country’s debt without sacrificing social gains.
The International Monetary Fund warns that Iran war could trigger a spike in global debt levels.