Trump's second son: "The news that Barron Trump launched a token called USA is fake"
Jinse Finance reported that in response to rumors circulating within the crypto community that “following WLFI and TRUMP, other Trump family-related crypto projects, Barron Trump will launch another token called USA, which may be released within a week,” Eric Trump, the second son of Trump, clarified on the X platform and reminded the crypto community that the above information is fake news and not to be deceived.
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IMF: Global debt will exceed GDP in 2029
The latest forecast from the IMF shows that global public debt will exceed 100% of GDP by 2029, two years earlier than previously expected. The IMF Managing Director issued a rare warning, specifically naming the United States’ debt path as “unsustainable” and pointing out that fiscal consolidation in various countries is seriously lagging. What's even more dangerous is that persistent inflation may force the Federal Reserve to continue raising interest rates, increasing financing costs and creating a vicious cycle of "high debt—high interest rates—even higher debt."
