European Council President Charles Michel has abandoned plans to leave his post early and stand in the spring European Parliament election because of concerns a power vacuum might lead to the Hungary\’
Tag: default
Bangladesh\’s largest opposition party leader, spouse sentenced in absentia for graft
DHAKA, Aug. 3 (Xinhua) — Tarique Rahman, acting chairman of Bangladesh Nationalist Party (BNP), has been sentenced to nine years\’ imprisonment in absentia, and his wife Zubaida Rahman has been handed
Congress\’s shady Pentagon slush fund beefs up U.S. military spending: The Hill
NEW YORK, June 14 (Xinhua) — Drawing on the experience of the global war on terror, defense hawks in the U.S. Congress have figured out an accounting gimmick to protect increases in military spending
U.S. stocks close higher amid optimism on debt ceiling progress
NEW YORK, June 1 (Xinhua) — U.S. stocks ended higher on Thursday as investors applauded the debt ceiling progress in the U.S. Congress.
The Dow Jones Industrial Average rose 153.30 points, or 0.47 pe
U.S. House passes bipartisan debt ceiling bill
NEW YORK, May 31 (Xinhua) — The U.S. House of Representatives Wednesday passed a bill that lifts the federal government debt ceiling until Jan. 1, 2025.
Lawmakers voted to pass the bill 314 to 117 af
U.S. stocks close mixed as debt ceiling deal goes to Congress
NEW YORK, May 30 (Xinhua) — U.S. stocks ended mixed on Tuesday as investors weighed a tentative U.S. debt ceiling deal that needs Congress approval as well as the potential for another interest rate
Fitch ratings places U.S. AAA rating on \”negative watch\” as debt ceiling deadline nears
NEW YORK, May 24 (Xinhua) — The credit rating agency Fitch Ratings announced Wednesday it has placed the U.S. AAA-rated long-term foreign-currency issuer default rating on a \”negative watch\” as the d
Yellen reiterates U.S. could default on debt by early June
U.S. Treasury Secretary Janet Yellen testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., the United States, on Sept. 28, 2021. (Matt McClain/Pool via X
U.S. President Biden warns of dire consequences of debt default
U.S. President Joe Biden speaks at SUNY Westchester Community College in Valhalla, New York, the United States, on May 10, 2023. (Photo by Mykyta Starychenko/Xinhua)
NEW YORK, May 11 (Xinhua) — U.S.
Biden addresses to divided Congress amid sour public mood, low approval rating
WASHINGTON, Feb. 8 (Xinhua) — U.S. President Joe Biden delivered his State of the Union address to Congress on Tuesday night amid a sour public mood and his low approval rating.This is Biden\’s second