The Defense Department has estimated that the U.S. naval blockade has cost Iran about $4.8 billion in oil revenue, a Pentagon official familiar with the assessment told The Hill late Friday. The blockade, which was instituted more than two weeks ago, is one of the actions President Trump has used to inflict pressure on Iran…
France Debt Crisis: Rising Bond Yields and Government Spending Put Europe on Alert
France faces growing debt pressure as bond yields approach 5%, borrowing costs rise and political uncertainty complicates efforts to reduce government spending and deficits.
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