The Saudi Fund for Development (SFD) has signed a development loan agreement with Türkiye aimed at fortifying its education sector. The agreement, inked by SFD CEO Sultan Al-Murshid and Turkish Deputy Minister of Treasury and Finance Osman Kilic, involves a soft development loan worth $55 million. The funding is designated to finance an earthquake risk mitigation project across several public schools in Türkiye.
Social Security trust funds are scheduled to run dry in 2034 unless Congress takes action, according to the annual trustees' report released by the Treasury Department. Lawmakers could bring trust.
As concerns build over the future depletion of Social Security reserves and U.S. senators actively look to strengthen the retirement, disability and survivor insurance program, it's clear a large.