Economy

The U.S. House of Representatives is expected to vote Wednesday on legislation to suspend the federal debt ceiling with less than a week remaining before the government could run out of money to pay its bills.  U.S. President Joe Biden…
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U.S. lawmakers are examining the details of an agreement to increase the country’s borrowing limit ahead of votes expected in the coming days, as both President Joe Biden and House Speaker Kevin McCarthy urge them to approve it. The…
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Lawmakers in the U.S. House of Representatives are starting Tuesday to consider legislation to suspend the government’s $31.4 trillion debt ceiling until early 2025 so it can borrow more money to keep paying the country’s bills. Both…
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U.S. President Joe Biden and House Speaker Kevin McCarthy are urging Congress to approve an increase in the government’s borrowing limit to avoid a first-ever default, but progressive Democratic lawmakers from the party’s ideological left…
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Republican and Democratic House leaders expressed optimism Sunday that they will get enough votes in favor of raising the debt ceiling. VOA’s Veronica Balderas Iglesias has details on a deal that has in principle, been struck. Video editor:…
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U.S. President Joe Biden and House Speaker Kevin McCarthy reached an agreement Sunday for a deal to increase the government’s borrowing limit and are urging Congress to approve the legislation to avoid a first-ever default. However,…
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Good relations with China are possible even without being part of the Belt and Road Initiative (BRI) deal, Italian Prime Minister Giorgia Meloni said in an interview published Sunday, as her government weighs abandoning the project. Italy…
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China’s first domestically made passenger jet flew its maiden commercial flight Sunday, as China looks to compete with industry giants such as Boeing and Airbus in the global aircraft market. The C919 plane, built by the Commercial…
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The United States "won't tolerate" China's effective ban on purchases of Micron Technology MU.O memory chips and is working closely with allies to address such "economic coercion," U.S. Commerce Secretary Gina Raimondo said Saturday.…
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Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework talks "substantially completed" a deal to make supply chains more resilient and secure, the Commerce Department said on Saturday, marking the first tangible…
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