Germany currently holds the world’s second-largest gold reserve, totaling approximately 3,350 tonnes valued at roughly $240 billion.

Amid a federal government shutdown, the United States’ gross national debt has surpassed $38 trillion for the first time, according to the latest Treasury Department report.

The Australian government has agreed to pay A$475 million ($309 million) in compensation to victims of the illegal “Robodebt” welfare debt recovery program — a payout that, if approved by the courts, would be the largest class action settlement in the country’s history.

US Treasuries slumped, lifting the yield on 30-year bonds to the highest since late 2023, as a rattled market prepares for $119 billion of fresh government debt issuance this week.

Billionaire and entrepreneur Elon Musk took to X on Friday to criticize the United States' current government spending plans.