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Greece to Boost Debt Repayment to €13 Billion as Mitsotakis Prepares Tax Relief Package

Greece is preparing an early public-debt repayment of around €13 billion in 2026, up from an initial target of €8.79 billion, with Prime Minister Kyriakos Mitsotakis framing debt reduction as 'national liberation.' The move comes as the government signals new permanent tax and social security relief measures in September, and as rating agencies show confidence in Greece's accelerated fiscal consolidation.

2 outlets · 2 articles 2d ago

US fiscal strain deepens as $40 trillion debt milestone raises treasury yield risks: Jefferies

The US national debt has surpassed $40 trillion, with the federal deficit reaching a record $432 billion in July. Brokerage Jefferies warns that deteriorating fiscal conditions could keep upward pressure on long-term Treasury yields, posing risks to equities and the Federal Reserve's flexibility. Meanwhile, Pimco argues current yields look attractive by historical standards, while Treasury Secretary Scott Bessent's bond buyback plan saw only short-lived relief.

6 outlets · 6 articles 2d ago

Pacific Classic Stakes 2026 Results & Payouts After Knightsbridge Win

Knightsbridge, the heavy favorite trained by Bill Mott for Godolphin, won the $1 million Pacific Classic at Del Mar by 6 1/4 lengths, earning an automatic berth in the Breeders' Cup Classic. The victory, his eighth in 12 starts, followed a rapid early pace that concerned both his jockey and trainer before he pulled clear. Reports differed on the official final time, with the Associated Press clocking 2:01.79 and the Los Angeles Times and Orange County Register recording 2:02.28.

5 outlets · 5 articles 2d ago

Andrew Sears, LHP, gets call-up from Detroit Tigers for Sunday debut

The Detroit Tigers have called up left-handed pitching prospect Andrew Sears from Triple-A Toledo, and he is expected to make his major-league debut Sunday as a bulk reliever in the series finale against the Kansas City Royals. Manager A.J. Hinch confirmed the move, noting the team's rotation shuffle to give Keider Montero extra rest. Sears, 23, has posted a 2.57 ERA at Double-A Erie and struck out 14 over 9⅔ scoreless innings in two starts at Toledo.

4 outlets · 5 articles 2d ago

As debt surpasses $40 trillion, the bill for Washington spending comes due

The 30-year Treasury yield topped 5.27% on Friday, the highest in nearly two decades, as the U.S. national debt surpasses $40 trillion and annual interest costs exceed $1 trillion. Treasury Secretary Scott Bessent's plan to calm markets appears to be failing, and experts warn of a possible debt spiral if the government does not address fiscal imbalances. Lawmakers and analysts are debating options, including tax increases, spending cuts, and a fiscal commission, but political hurdles remain.

1 outlet · 1 article 2d ago