World News Today Live Updates: Iran-backed Houthis attack Najran airport, Aramco facilities in Saudi Arabia
Global tensions are rising as Houthi rebels target Saudi infrastructure, while the US national debt has surpassed $40 trillion. Simultaneously, President Trump has announced aggressive economic measures against Iran.
Why it matters
These events signal a period of significant geopolitical instability and fiscal pressure that could have far-reaching consequences for global markets and international relations.
Iran-backed Houthi rebels in Yemen on Thursday said that they carried out two drone attacks on Saudi Arabia and claimed that they hit Najran airport and an Aramco facility in Najran, Reuters reported, citing the Iran-aligned group's military spokesperson, Yahya Saree. However, Saudi Arabia is yet to confirm the development. US debt crosses $40 trillion threshold after doubling across Trump and Biden administrations The total US national debt has surpassed $40 trillion for the first time, the Treasury Department said on Wednesday (Aug 19), as rising interest costs and spending pressures deepen concerns over the country’s fiscal outlook. The Treasury's latest daily cash and debt balances statement showed total public debt outstanding at $40.047 trillion, which includes $32.266 trillion held by the public and $7.782 trillion in intragovernmental debt.
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