Latest National debt News

President-elect Joe Biden and his wife Jill Biden arrive at Andrews Air Force Base, Tuesday, Jan. 19, 2021, in Andrews Air Force Base, Md. (AP Photo/Evan Vucci)

Biden charts new US direction, promises many Trump reversals

Jan. 20, 2021 12:34 AM EST

WASHINGTON (AP) — Stop. Stabilize. Then move — but in a vastly different direction. President-elect Joe Biden is pledging a new path for the nation after Donald Trump’s four years in office. That starts with confronting a pandemic that has killed 400,000 Americans and extends to sweeping...

Sudanese Prime Minister Abdullah Hamdok, right, welcomes US Treasury Secretary Steven Mnuchin to the Cabinet Building, in Khartoum, Sudan, Wednesday, Jan. 6, 2021. The U.S. and Sudan have agreed to settle the African country's debt to the World Bank. The move comes after Mnuchin arrived in Sudan, the first visit by a senior American official since President Donald trump removed Sudan from the list of state sponsors of terrorism. (AP Photo)

Sudan says it signs pact on normalizing ties with Israel

Jan. 6, 2021 11:40 AM EST

CAIRO (AP) — Sudan on Wednesday said it had signed an agreement with the United States that paves the way for the cash-strapped African nation to normalize relations with Israel and help clear some of its massive debt to the World Bank. Justice Minister Nasredeen Abdulbari signed the deal with visiting...