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public debt ceiling
High and growing debt will slow US economic growth
The United States' public debt will nearly double over the next three decades, and the interest paid on it will triple the Gross Domestic Product (GDP), the Congressional Budget Office (CBO) said on June 28.
The US economy has not come close to a recession as feared
More than a year after the US Federal Reserve (Fed) started raising interest rates, the recession that many...
President Biden signed the public debt ceiling, pulling the US from the brink of default
US President Joe Biden on June 3 signed into law the public debt ceiling after weeks of controversy, to prevent a default.
President Biden signs law on public debt ceiling
US President Biden signed into law a bill suspending the debt ceiling of $ 31,4 trillion, preventing the risk of the government...
US: Public debt ceiling bill has been moved to the Senate
SGGP 02/06/2023 06:11 After being passed by the House of Representatives with 314 votes in favor and 117 against, the debt ceiling bill...
The Senate "nods" to raise the public debt ceiling, the US "breathes a sigh of relief"
Late on June 1 (US time), the Senate passed a bill to raise the public debt ceiling by a vote of 6-63 in a race against time after months of disagreement between Democrats and Republicans.
Prime Minister of Nepal visits India, knife attack in Sweden, BRICS Foreign Ministers Meeting in South Africa
The World & Vietnam Newspaper highlights some notable world news this morning, April 2.
US House of Representatives passes bill on public debt ceiling
On May 31, the US House of Representatives approved...
Reaching a breakthrough after the sprint negotiations, what does the new US debt ceiling agreement have?
On May 28, US President Joe Biden and Republican Speaker of the House Kevin McCarthy reached an agreement to temporarily suspend the debt ceiling and limit some federal spending to prevent a default scenario of the US government. largest economy in the world.
US: Public debt negotiations are protracted
SGGP 28/05/2023 07:10 US Treasury Secretary Janet Yellen has revised her forecast on the deadline to raise...
After a 90-minute phone call, US officials achieved a breakthrough in raising the public debt ceiling
On May 27, US media reported that President Joe Biden and Republican lawmakers had reached a preliminary agreement on raising the public debt ceiling.
US reaches agreement to avoid default
The Speaker of the US House of Representatives announced that President Joe Biden and Republicans have reached an agreement in principle...
Can reach an agreement to raise the public debt ceiling before the new "deadline"
On May 27, US House of Representatives Speaker Kevin McCarthy said that the government's agreement to raise the debt ceiling to $5 trillion could be reached before the June 31,4 deadline.
The US government may default on its debt on June 5
Finance Secretary Yellen said that if the public debt ceiling is not increased, the US will default on June 5, later than...
The US is closer to the agreement on the public debt ceiling
On May 25, US President Joe Biden had a "constructive" conversation with US House of Representatives Speaker Kevin McCarthy about the agreement to raise the public debt ceiling.
The Fed is ready to intervene if the US finances are unstable because of the debt ceiling
Minutes of the meeting in early May showed that Fed officials were concerned about the debt ceiling and were ready to take action to...
Even Russia is short of fuel, negotiations on the US debt ceiling are still tight, China leads in auto exports
The world's dividend value grew at a record, Russia considered issuing a ban on petroleum exports, negotiations on the US public debt ceiling did not make progress, China surpassed Japan to become the largest automobile exporter... were the outstanding world economic news last week.
