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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

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Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

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Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts

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U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts

2

Top Iranian officials admitted to the supreme leader that the U.S. naval blockade was crushing the economy, report says, as Trump eyes reimposing it

3

Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
PoliticsDonald Trump

Goodbye Gulf of Mexico—Trump says he’s renaming it ‘Gulf of America’

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Incoming US president Donald Trump said Tuesday he wants to rename the Gulf of Mexico as the "Gulf of America." Photo by Andrew Harnik/Getty Images
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Incoming US president Donald Trump said Tuesday he wants to rename the Gulf of Mexico as the “Gulf of America” in his latest eye-catching plan as he prepares to take office later this month.

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“We’re going to be changing the name of the Gulf of Mexico to Gulf of America, which has a beautiful ring,” he told reporters.

“It’s appropriate. And Mexico has to stop allowing millions of people to pour into our country.”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
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