Tag: debt
US Congress reaches deal to raise debt ceiling and avoid default
Senate Majority Leader Chuck Schumer with reporters on Capitol Hill October 7, 2021, in Washington. DREW ANGERER / AFP The threat is over, for now. An agreement has been reached…
A short-term deal in sight to avoid a default on the debt
It is an agreement in principle that should avert disaster … at least for two months. While the Treasury warned it could be in default on Oct. 18, Republican Leader…
Tensions with Mali, deadlock on the American debt and the end of the Covid-19 still far away
Did you miss the early morning news? We have concocted a recap to help you see more clearly. In addition to Algeria, French diplomacy must put out another fire in…
Risk of default on debt, “shutdown”, expenses… Joe Biden plays very big in Congress
Tick, tock. The time is running out in Congress for Joe Biden, who seeks to avoid three major setbacks: a “shutdown” of federal state services on Friday for lack of…
The United States runs out of resources on October 18 if debt ceiling is not raised
If the debt ceiling is not raised, the United States will have exhausted on October 18 all exceptional measures to finance the country’s budget, warned Janet Yellen, the Secretary of…
Debt limit dispute: US threatens a new “shutdown”
As of: 09/29/2021 3:15 a.m. In the United States, the deadline for averting a partial standstill in government business is running out. If no agreement is reached by Thursday, federal…
Threatened with bankruptcy, real estate giant Evergrande announces payment of a small portion of its debt
China and the financial world are holding their breath. As the default threatens, the giant real estate developer announced on Wednesday morning that it had reached an agreement with bondholders…
US debt ceiling: Minister Yellen warns of financial crisis
As of: 09/20/2021 2:15 p.m. In harsh words, US Treasury Secretary Janet Yellen asks Congress to raise the debt ceiling. If not, there is a risk of a new historic…
Child brought home by a police officer for a canteen debt, “honorable and gentle” conditions for the mayor
Thursday, a seven-year-old child attending school in the village of Saint-Médard-de-Guizières, in Gironde, was escorted home by a municipal police officer because of a canteen debt of 800 euros that…
Stability Pact: How the EU Commission wants to relax the debt rules – Economy
EU Economic Commissioner Paolo Gentiloni explains how he wants to improve the Stability Pact, why the upswing is so rapid and what he misses most from his old life. Interview…