❌

Normal view

UK Public Debt Tops £3 Trillion for First Time

22 October 2026 at 11:50

UK public debt crossed the £3 trillion mark for the first time at the end of September 2026, the National Statistics Office reported on Wednesday, October 21.


The accumulated public sector liabilities stood at £3.005 trillion, equivalent to €3.57 trillion, according to the provisional estimate released by the National Statistics Office. The figure represented 94 percent of UK gross domestic product and marked a historic high, the agency reported.

The balance grew by £91.7 billion compared with the level recorded twelve months earlier, about €109.074 billion, according to the provisional estimate.

RELATED: U.K. Slashes International Aid Budget by 56% to Fund Defense

Despite the nominal record, the weight of the liabilities on the economy as a whole fell by seven tenths compared with the 2025 level, the agency reported. The agency recalled that net debt exceeded £2 trillion in June 2020, during the COVID-19 pandemic, and had surpassed £1 trillion in February 2010, following the global financial crisis.

September public borrowing amounted to £24.5 billion, or €29.142 billion, and was the second highest recorded for that month, according to the National Statistics Office. Only the September 2020 figure, unadjusted for inflation, was higher. Compared with the previous year, the imbalance increased by £1.8 billion, or 7.7 percent, because spending growth outpaced income growth, the agency reported.

Britain’s national debt has climbed above £3tn for the first time, underlining the pressure on the public finances before John Healey’s maiden Budget next week

🔗 https://t.co/xKIQKqOhib pic.twitter.com/ExKxQ7hI95

— The Telegraph (@Telegraph) October 21, 2026

Central government debt interest reached £10.9 billion in September, the highest figure recorded in the ninth month of the year since monthly records began in 1997, according to the National Statistics Office.

Annual inflation stood at 3.5 percent in September, four tenths above the August figure and the largest increase since October 2025, according to the National Statistics Office. The price of goods rose 3.2 percent year on year, compared with 2.7 percent in August, while services became 3.7 percent more expensive. Core inflation, which excludes energy, food, alcohol and tobacco, advanced to 2.8 percent, two tenths more than in August.

UN Warns Global Warming Threshold Will Be Exceeded

22 October 2026 at 09:50

Humanity will exceed the Paris Agreement’s 1.5 °C global warming threshold, but the temperature peak can still be contained between 1.7 and 1.8 °C by mid-century, UNEP warned in its most recent report.


To return to 1.5 °C by the end of the century, countries must cut global emissions by 18 percent by 2030, 45 percent by 2035 and 69 percent by 2040, according to the report.

Global warming will overshoot 1.5°C in the coming years.

There’s still a chance to bring temperatures back down, but the window is closing fast.

This is the point of return. #EmissionsGap pic.twitter.com/VDXkg0JPtQ

— UN Environment Programme (@UNEP) October 21, 2026

UN Secretary-General António Guterres declared that surpassing the limit did not mean giving up, referring to the need to maintain ambitious climate targets despite the overshoot.

RELATED: Venezuela and OPEC Fund Assess Partnerships to Address Climate Change

UNEP Executive Director Inger Andersen stressed that each additional fraction of a degree and each extra year of warming above 1.5 °C would worsen climate impacts and risks, including deadly floods, heat waves and wildfires that have swept numerous countries this year, and said all possible efforts were needed to limit the peak and return to 1.5 °C by the end of the century, which she said was possible.

The chance to keep global warming below 1.5°C with no overshoot is gone.

But urgent action can still limit the overshoot and bring warming back to 1.5°C by 2100.

Current policies, however, put the 🌎 on course for up to 2.8°C this century.

New #EmissionsGap Report:… pic.twitter.com/4VanweT5Hj

— UN Environment Programme (@UNEP) October 21, 2026

Continuing current policies will cause a catastrophic increase of 2.8 °C over this century, with a sustained rise in subsequent years, the document warns.

Ahead of the start of the second Global Stocktake at COP31 in Antalya, Türkiye, UNEP set concrete fossil fuel reduction targets relative to 2025 levels.

By 2035, the agency proposes reducing coal supply by 55 percent, oil by 15 percent and gas by 5 percent; by 2040, it proposes raising the cuts to 75 percent for coal, 30 percent for oil and 35 percent for gas.

Lula Accepts Bolsonaro’s Conditions for Financial Disclosure, Sets Deadline

22 October 2026 at 08:09
Image from Brazil's presidential debate. Photo: EFE.

Luiz Inácio Lula da Silva’s campaign confirmed that the Brazilian president accepted lifting the bank and telephone secrecy of the candidates and their families before Sunday’s runoff election, a proposal aimed at his opponent, Flávio Bolsonaro.


At a press conference, Camilo Santana, campaign coordinator for the Workers’ Party (PT), explained that the head of state seeking reelection has no problem with the conditions imposed by the other side. Santana said that regarding all the conditions Flávio has set, the president’s response is that he does not oppose anything proposed, as long as Flávio complies with and discloses everything contained in the request filed with the Superior Electoral Court (TSE).

The PT team specified that Thursday at 11:00 a.m. local time is the deadline for the far-right Liberal Party candidate to release his financial data and that of his circle, adding that Bolsonaro cannot wait until after the elections and that the deadline expires tomorrow.

RELATED: UN Experts Raise Concerns Over Meta’s Handling of Political Expression During Brazil Elections

The topic stems from last Sunday’s televised debate, in which Lula challenged the far-right senator to disclose the bank accounts of both candidates to show “who is honest and who is a thief.”

Brazilian President Luiz Inacio Lula da Silva said he would submit authorization to the Superior Electoral Court (TSE) to lift bank secrecy protections on his accounts and those of his family members.

However, Lula said the measure depended on his presidential rival, Flavio… pic.twitter.com/c1kkaSNQuX

— teleSUR English (@telesurenglish) October 20, 2026

After the debate, the president presented a formal authorization before the electoral body on Tuesday to release his data and that of his wife and children, but Bolsonaro responded that he would only agree if the review were extended to people linked to the government’s circle.

The PT has accepted the conditions and added to the review the finances of former chief of staff Marco Aurélio Santana Ribeiro and of the president’s brother, José Ferreira da Silva, as well as the record of businesswoman Roberta Luchsinger’s access to the Presidential Palace.

After accepting the requests, the Workers’ Party team questioned the opposition’s delay in joining the initiative. Santana said that if Bolsonaro owes nothing, he should have accepted President Lula’s challenge last Sunday.

LULA CHALLENGES FLÁVIO BOLSONARO to open their BANK ACCOUNTS & PHONE RECORDS to prove who is ‘CORRUPT’ ahead of elections

‘I OPEN MINE, MY ENTIRE FAMILY’S — AND YOU OPEN YOURS’

‘BECAUSE I ASKED ABOUT THE HOUSE, AND YOU DIDN’T EXPLAIN’ https://t.co/ViNL9bR6Kh pic.twitter.com/c1OzNRWevE

— RT (@RT_com) October 19, 2026

U.S. Denies Ada Colau Entry to Puerto Rico

22 October 2026 at 07:12
Spanish presidential candidate Ada Colau. Photo: EFE.

The U.S. denied entry to Puerto Rico to former Barcelona mayor and left-wing Frente Amplio presidential candidate Ada Colau, who had planned to attend the Ciudades Valientes municipalist gathering in Caguas on November 3 and 4, a decision sources close to her attribute to ideological reasons and her pro-Palestine activism.


Colau’s delegation was cleared through the Electronic System for Travel Authorization (ESTA) required due to the island’s colonial status, but her own application was denied. She was then advised to attend a personal interview at the embassy in Madrid. During that meeting two weeks ago, diplomatic staff focused their questions on her position on the conflict, with sources close to her saying the entire interview dealt with the Flotilla and her pro-Palestinian activism, with repeated insistence on the three days she was detained in Israel.

RELATED: Spain Suspends Voting Rights for Some Naturalized Cuban Citizens Abroad

After the interview, U.S. authorities issued a definitive denial, citing suspicion that she wants to illegally migrate to the country.

Colau rejected the measure and denounced it as evident political censorship, pointing out that while Javier Milei can travel freely to Spain to insult the press and the public, Donald Trump prohibits her from entering Puerto Rico, which she described as a colony occupied by the United States. She made the statement in response to the ban.

Es inaceptable e injustificado negarle la visa para Puerto Rico a @AdaColau por ser pacifista y defensora de derechos humanos. El @DeptEstadoPR deberia intervenir al igual que el Comisionado Residente @RepPabloJose exigir una investigación (congressional inquiry) sobre este…

— Eva Prados (@evapradospr) October 21, 2026

The former mayor, who governed Barcelona between 2015 and 2023, visited the Caribbean archipelago in April 2024 to address urban planning, access to housing, human rights and the role of women in politics.

Puerto Rico has remained under U.S. dominion since 1898 after the Treaty of Paris, and although since 1952 it has held the status of Free Associated State with its own constitution, the United States maintains exclusive control over immigration, customs, defense and currency.

U.S. Court Fines Meta $25 Billion for Deceiving Users on Data Protection

22 October 2026 at 05:55
Photo: EFE.

A U.S. court ordered Meta, the owner of Facebook, Instagram and WhatsApp, to pay $25 billion for deceiving the public about how it protects personal data, in a case tied to the Cambridge Analytica scandal.


Judge Francis Mathew set the fine on Wednesday after a jury determined that Facebook made misleading promises about who could access user data and how that information was protected, according to the ruling. The jury found 26 statements by Meta made between 2010 and 2021 to be misleading, including some by CEO Mark Zuckerberg and then-chief operating officer Sheryl Sandberg.

RELATED: US Supreme Rejects Trump’s Bid to End Gender-Affirming Care for Trans Inmates

In his ruling, Mathew wrote that Facebook’s misconduct, developed over years and systematically disseminated to the public, went to the core of its business practices. According to the ruling, the company maintained those promises despite internal warnings that it could not fulfill them, and allowed certain business partners to retain access to data it had announced it would stop sharing in order to avoid losing revenue. The judge concluded that the messages sought to build trust and attract users, whose data are essential to the company’s personalized advertising business.

The case is deeply tied to Cambridge Analytica, a British consulting firm that worked for Donald Trump’s 2016 presidential campaign and obtained data from millions of Facebook users without consent to promote political advertising, according to a statement from the New Mexico Department of Justice. Revelations about the firm, made public in 2018, affected up to 87 million profiles and sparked an international scandal over the use of personal information by social networks and their role in electoral campaigns. The trial also examined what Facebook said publicly about its efforts to combat disinformation and hate speech.

#UnitedStates | Meta's global affairs chief Joel Kaplan is set to leave after more than 15 years, amid allegations of political bias on the company's platforms ahead of Brazil's presidential runoff.
Meta denies the allegations.#Meta #BrazilElections #ElectionIntegrity… pic.twitter.com/d4fnlFLEmH

— teleSUR English (@telesurenglish) October 22, 2026

Although the judge initially calculated a fine of more than $219 billion, he ultimately reduced the amount to $25 billion, which will accrue annual interest of 15% until effective payment. The money will go to New Mexico’s education system, although the attorney general warned that an appeal by Meta could delay the availability of the funds.

New Mexico Attorney General Raúl Torrez presented the decision as one of the largest financial penalties against a company in U.S. history.

Venezuelan Government and 2015 Assembly Ex-Deputies Close Third Dialogue Cycle

22 October 2026 at 05:05
Photo: X/ Jorge Rodriguez

Venezuela’s national government and former deputies of the 2015 National Assembly held the final plenary of the third cycle of talks in Caracas on Wednesday, centered on reviewing compliance with agreements on institutional matters and renewal of the judicial system.


This phase covered the review of commitments from the second cycle, which concluded Sept. 25 with partial agreements on lifting restrictions on digital news portals, adding guarantees for the right to information and progress in judicial renewal.

RELATED: Venezuela Sets Youth Popular Consultation for February 2027

The agenda also included installing the Credentials Review Council for applicants to the Supreme Court of Justice as part of discussions on the judicial system.

En desarrollo la última plenaria del tercer ciclo de conversaciones. pic.twitter.com/n46lLsSMaC

— Jorge Rodríguez (@jorgerpsuv) October 21, 2026

The government delegation was headed by National Assembly President Jorge Rodríguez and included deputies Pedro Infante, Jorge Arreaza and América Pérez, Minister of University Education Ana María Sanjuan and Deputy Minister Génesis Garvett. The 2015 Assembly delegation included Dinorah Figuera, accompanied by Juan Miguel Matheus, Sergio Vergara, Marco Aurelio Quiñones and Ramón López.

The formal talks began Aug. 12, when both parties agreed on a working methodology and installed technical tables on care for earthquake victims, democratic strengthening and judicial system reforms.

❌