Iran US War Is Killing Cheap Money | How Oil Is Raising Global Borrowing Costs | Vantage | 4K

Is the U.S. dollar on the brink of an absolute meltdown? With America’s national debt hitting a staggering $40 trillion and rising tensions between the U.S. and Iran in West Asia, pushing oil toward $100 a barrel, the era of cheap capital is officially dead. From skyrocketing mortgages and car loans to rising grocery bills, find out how Washington's massive debt pile is coming straight out of your household budget.

On September 1, Germany fired two ballistic missiles from a frigate in the North Atlantic Ocean. Germany’s Navy has confirmed that they were Israeli-made Lora missiles fired from the warship. The test launch comes amid rising tensions between Germany and Russia. Berlin has accused the Kremlin of carrying out a hybrid ‘drone attack’ after drones strapped with explosives were found at Leipzig airport in August. Russian President Vladimir Putin has mocked German Chancellor Friedrich Merz and called out his approval ratings. Germany, which has stayed away from acquiring ballistic missiles since World War II, is now considering the procurement of the Israeli Lora ballistic missile. Meanwhile, Russia and Germany have summoned each other’s diplomats, while France and Poland have extended support to Germany. Hem Kaur Saroya tells you more on Vantage on Firstpost.

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US Dollar | US Dollar Crisis | Dollar Meltdown | US Economy | US National Debt | $40 Trillion Debt | America Debt Crisis | US Debt Crisis | Dollar Collapse | Dollar Crash | US Iran Tensions | Iran War | Germany | Germany Navy | German Navy | Israeli Lora Missile | Lora Ballistic Missile | Germany Ballistic Missile | Germany Russia Tensions | Germany Russia Conflict | Friedrich Merz | Vladimir Putin | Firstpost | Hem Saroya | Vantage

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