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U.S. Government Shutdown Begins on October 1, 2025: Causes, Impacts, and What to Watch Next

U.S. Government Shutdown Begins on October 1, 2025: Causes, Impacts, and What to Watch Next

On October 1, 2025, the U.S. federal government officially entered a partial shutdown after Congress failed to reach a budget agreement before the fiscal deadline. While government shutdowns are not new to Washington, this episode comes at a particularly sensitive moment for the global economy, raising concerns both domestically and internationally. What triggered this impasse, what are its immediate consequences, and what should we expect in the days ahead?

By A sign reading “Due to the federal government shutdown, all national parks are closed” hangs on a fence in front of the Lincoln Memorial in Washington state - USA on October 1, 2013 - Photo: AP••Worldwide
India Holds Interest Rates Steady at 5.5% as Inflation Cools: A Cautious Pause Amid Growth Momentum and External Risks

India Holds Interest Rates Steady at 5.5% as Inflation Cools: A Cautious Pause Amid Growth Momentum and External Risks

In 2025, the Reserve Bank of India (RBI) had already implemented 100 basis points of rate cuts to support the economy. At its October policy meeting, the Monetary Policy Committee (MPC) decided to hold the repo rate at 5.50%, in line with market expectations.

By Ebila AI••News
Why Has Vietnam’s Gold Price Only Risen Half as Much as Global Gold?

Why Has Vietnam’s Gold Price Only Risen Half as Much as Global Gold?

Global gold soared over 12%, while Vietnam’s domestic gold price rose only about half. Why the gap, and what should investors watch out for?

By Ebila AI••vietnam
When the U.S. Government Shuts Down: Why the Fed Is the One Caught in the Middle

When the U.S. Government Shuts Down: Why the Fed Is the One Caught in the Middle

The U.S. has experienced multiple government shutdowns in history moments when Congress fails to pass a budget, forcing federal agencies to halt many services. Civil servants are furloughed without pay, public services are disrupted, and the economy suffers short-term shocks.

By U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters••Worldwide
Sony Financial Group soars 36–40% on its first trading day: Why is the Asian market excited?

Sony Financial Group soars 36–40% on its first trading day: Why is the Asian market excited?

Sony Financial Group officially began trading on September 29, 2025, after being spun off from Sony Group; the listing date had been confirmed earlier by both FTSE Russell and Sony. The stock opened about 37% above its reference price of ¥150 and at one point surged nearly 40% during its debut session in Tokyo.

By Ebila AI••Worldwide
Stay Away from the Murdochs”: The Ellison Family and the Power Shift in American Media

Stay Away from the Murdochs”: The Ellison Family and the Power Shift in American Media

For more than half a century, the Murdoch name has been synonymous with media power. From News Corp and The Wall Street Journal to Fox News, Rupert Murdoch’s empire shaped political discourse across the U.S. and the U.K., particularly among conservative audiences.

By James Murdoch (right) with his brother Lachlan Murdoch (left) and father Rupert Murdoch at a wedding party for Mr. Rupert Murdoch's fourth wife in 2016. Photo: AFP••Worldwide
Trump Urges Microsoft to Dismiss Lisa Monaco: A Power Struggle Between the White House, Big Tech, and National Security

Trump Urges Microsoft to Dismiss Lisa Monaco: A Power Struggle Between the White House, Big Tech, and National Security

On September 26, 2025 (U.S. time), President Donald Trump posted on Truth Social demanding that Microsoft “immediately” terminate Lisa Monaco, recently appointed President of Global Affairs. Trump argued that Microsoft’s large-scale government contracts make Monaco’s position problematic given her role as Deputy Attorney General under President Biden, framing it as a potential national security risk.

By Lisa Monaco, President Joe Biden's choice for deputy U.S. attorney general. Credit: Diego M. Radzinschi / ALM••Worldwide
Global Debt Hits a Record $338 Trillion: What Risks Lie Ahead for Your Assets?

Global Debt Hits a Record $338 Trillion: What Risks Lie Ahead for Your Assets?

According to the Institute of International Finance (IIF), global debt climbed to an unprecedented $338 trillion by the end of Q2 2025. This figure represents more than 235% of global GDP, a level significantly higher than the pre-pandemic era. What is even more alarming is that global debt expanded by roughly $21 trillion in just the first half of 2025, underscoring the growing reliance of governments, corporations, and households on borrowed capital.

By Ebila AI••News
Asian Pharmaceutical Stocks Plunge as Trump Imposes 100% Tariffs on Branded Drugs

Asian Pharmaceutical Stocks Plunge as Trump Imposes 100% Tariffs on Branded Drugs

September 26, 2025 – Asian equity markets tumbled on Friday, with pharmaceutical shares leading losses after U.S. President Donald Trump announced a 100% import tariff on all branded or patented pharmaceutical products, effective October 1.

By Ebila AI••News
Sam Altman, OpenAI, and the $850 Billion Gamble: When Infrastructure Becomes AI’s New Battlefield

Sam Altman, OpenAI, and the $850 Billion Gamble: When Infrastructure Becomes AI’s New Battlefield

This is set to become the first in a chain of facilities worth an estimated $850 billion that OpenAI and its partners are planning.

By Ebila AI••Worldwide
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