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Britain’s national debt topped £3 trillion ($4 trillion) for the first time as the government borrowed more than forecast in the first half of the year, according to official figures that underline the challenge Chancellor of the Exchequer John Healey faces at his inaugural budget next week.

Higher-than-expected figures for September are final snapshot of public finances before October 28 Budget

Plus, the UK approves drilling at a contentious North Sea gas field

The US is looking to persuade India’s Reliance Industries to refine more Venezuelan crude as Washington seeks to bring additional supplies to a market rattled by the Iran conflict. Bloomberg's Sudhi Ranjan Sen has more from US Secretary of State Marco Rubio's visit to India. (Source: Bloomberg)

Treasury yields edged higher as the recent bond rally lost some momentum. Bloomberg’s strategists say longer term, they see yields reaching fresher highs as strong US growth, higher borrowing costs and rising government debt supply will keep pressure on Treasuries. Rufaro Chiriseri, Head of Fixed In

The anthrax events of 2001 transpired twenty-five years ago. The US still needs better preparation against biological attacks. The post Toplines: Twenty-five years after anthrax, the US still is not prepared for a biological attack appeared first on Atlantic Council.

Since the end of World War II, the United States has maintained hundreds of military installations abroad. While U.S. forces have faced some objections to their presence, many allies and partners have seen U.S. bases and other facilities on their territory as a sign of their close relations with a s

Kyiv has reported further battlefield gains this week as the country’s Operation Vivaldi counteroffensive in eastern Ukraine’s Donetsk region continues to advance, writes David Kirichenko. The post Ukraine reports more battlefield gains as Putin’s invasion loses momentum appeared first on Atlantic C

Frank Elderson: From climate and nature risks to economic resilience and competitiveness

Ngaire Woods, Dean of Oxford’s Blavatnik School of Government, Claas Mertens, also at Oxford, have written a piece arguing that Europe, despite its attempts at self-sufficiency, remains dependent on an unpredictable United States. The continent needs to address this vulnerability so that it can conv