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October 16, 2025 9:52 AM

Shutdown could cost US economy $15 billion a week, Treasury says

The two-week-old federal government shutdown may cost the U.S. economy as much as $15 billion a week in lost output, a Treasury official said late on Wednesday, correcting an earlier statement from Treasury Secretary Scott Bessent that put the cost...

October 15, 2025 10:53 PM

Aid trucks roll into Gaza as dispute over hostage bodies is paused

Aid trucks rolled into Gaza on Wednesday and Israel resumed preparations to open the main Rafah crossing after a dispute over the return of the bodies of dead hostages that had threatened to derail the fragile ceasefire deal with Hamas. Israel had t...

October 15, 2025 5:23 PM

Japan yet to schedule vote on new PM as coalition talks drag on

Japan's parliament failed to set a date for its vote on a new prime minister on Wednesday, after party leaders spent a day in inconclusive coalition talks. The ruling Liberal Democratic Party has proposed a vote on October 21 to the parliamentary sc...

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Last updated on: 1st May 2026

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