Government and politics

US House Speaker Kevin McCarthy, a Republican from California, speaks to members of the media at the US Capitol in Washington, DC, on Monday, May 22, 2023.Ting Shen | Bloomberg | Getty ImagesWASHINGTON — The compromise bill to raise the…

SEOUL, SOUTH KOREA - FEBRUARY 09: People watch a television show North Korea's 75th anniversary of the founding of the armed forces day military parade released by Korean Central News Agency (KCNA) in Seoul, South Korea.Chung Sung-jun |…

People walking next to a Turkish national flag at the historical grand bazaar in Istanbul.Ozan Kose | AFP | Getty ImagesThe Turkish lira slumped to yet another all-time low Tuesday, extending its slide after the re-election of incumbent…

Turkey on Sunday voted for another five years of the leadership of Recep Tayyip Erdogan, the powerful, nationalist president who now enters his third decade in power.Russian President Vladimir Putin was among the leaders that congratulated…

"I took this decision in light of the results of the elections held yesterday," Spain's Prime Minister Pedro Sanchez said in a televised press briefing, according to a CNBC translation.Europa Press News | Europa Press | Getty ImagesSpain's…

WASHINGTON, DC - MAY 26: U.S. Speaker of the House Rep. Kevin McCarthy (R-CA) speaks to members of the media after arriving at the U.S. Capitol on May 26, 2023 in Washington, DC. Speaker McCarthy discussed the latest development of the debt…

Turkey's President and leader of the Justice and Development (AK) Party Recep Tayyip Erdogan delivers a speech during his partys group meeting at the Turkish Grand National Assembly (TGNA) in Ankara, on May 18, 2022.Adem Altan | AFP | Getty…

People walk past an election campaign poster for Turkey's President Recep Tayyip Erdogan on May 25, 2023 in Istanbul, Turkey. The country is holding its first presidential runoff election after neither candidate earned more than 50% of the…

Speaker of the House Kevin McCarthy talks to reporters about the debt ceiling after the departure of White House negotiators, at the U.S. Capitol in Washington, U.S., May 23, 2023. Kevin Lamarque | ReutersWASHINGTON — House Republicans have…

WASHINGTON — Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off a potential debt default until June 5."We now estimate that Treasury will have insufficient resources to satisfy…