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List of All Articles with Tag 'd'

Australia to Regulate Buy Now, Pay Later Sector With Credit Laws
Australia to Regulate Buy Now, Pay Later Sector With Credit Laws
Australia’s government moved to regulate buy now, pay later finance firms under credit laws, drawing the line on
2023-05-22 06:55
Biden Says US-China Relations Set to Improve ‘Very Shortly’
Biden Says US-China Relations Set to Improve ‘Very Shortly’
US President Joe Biden said he expected ties with China to improve “very shortly” after a spat over
2023-05-22 06:49
Saudi astronauts, including nation's 1st woman, catch private flight to space station
Saudi astronauts, including nation's 1st woman, catch private flight to space station
Saudi Arabia’s first astronauts in decades are headed to the International Space Station on a chartered multimillion-dollar flight
2023-05-22 06:28
Hedge Funds Pushing for Japan Returns Get Help From Tokyo Bourse
Hedge Funds Pushing for Japan Returns Get Help From Tokyo Bourse
Activist investors are poised to make record shareholder proposals in Japan this year, emboldened by a Tokyo bourse
2023-05-22 06:28
SpaceX Launches Crew of Private Astronauts to Space Station
SpaceX Launches Crew of Private Astronauts to Space Station
SpaceX launched four private astronauts en route to the International Space Station, including the first woman from Saudi
2023-05-22 06:24
Biden and McCarthy to resume talks Monday as debt ceiling deadline looms
Biden and McCarthy to resume talks Monday as debt ceiling deadline looms
President Joe Biden spoke with House Speaker Kevin McCarthy on Sunday and agreed they would meet on Monday afternoon to try to break the stalemate over legislation to raise the national debt limit. A call took place, according to a White House readout, which gave no indication to the tone of the discussion. Mr McCarthy characterised the call as “productive” in a comment to reporters. A day earlier, the Speaker said negotiations had taken a step backward following Mr Biden’s remarks that he believed the 14th Amendment could be used to circumvent Congress on the issue. “I don’t think we’re going to be able to move forward until the president can get back into the country,” Mr McCarthy said on Saturday. “Just from the last day to today they’ve moved backwards. They actually want to spend more money than we spend this year.” Mr Biden’s call with Mr McCarthy took place while the president was on Air Force One bound for the US on Sunday. He had cut short his attendance at the G7 summit in Japan in order to lead negotiations with Republicans on the issue. During an appearance on Sunday show, Meet the Press, Treasury Secretary Janet Yellen once again warned that the federal government is projected to run out of money on or about 1 June. Should the US be unable to pay its outstanding obligations to debt holders, or even raise questions about its ability to do so, it risks a downgrade of the US’s credit rating which would affect interest rates on future loans. The last official downgrading of the United States’s credit rating occurred in 2011, when Standard and Poor’s dropped the US’s rating from “AAA” to “AA+”. “I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1. And I will continue to update Congress, but I certainly haven’t changed my assessment. So I think that that’s a hard deadline,” Sec. Yellen said. She added that the possibilty was “quite low” that the US could extend its ability to pay its obligations through 15 June - referencing remarks made by Republicans who suggested Treasury could maneuver past a 1 June deadline without hitting a default. ”[I]t’s hard to be absolutely certain about this, but my assessment is that the odds of reaching June 15th, while being able to pay all of our bills, is quite low,” said Ms Yellen. “[M]y assumption is that if the debt ceiling isn’t raised, there will be hard choices to make about what bills go unpaid.” Mr Biden has been roundly accused by conservatives of refusing to negotiate cuts to federal spending ahead of the debt ceiling deadline. The White House, meanwhile, has blamed Republicans for putting the country’s credit rating at risk. Earlier on Sunday, the president spoke at a press conference and did not indicate that he was completely opposed to reaching a compromise with Republicans on spending levels, though he warned that the GOP must be willing to move in his direction as well. “It’s time for Republicans to accept that there’s no bipartisan deal to be made solely — solely — on their partisan terms,” said Mr Biden. “They have to move as well.” Read More ‘Putin will not break our resolve,’ Joe Biden tells G7 Top House negotiator on debt limit says it's time to 'press pause' as talks come to standstill Biden meeting with Indo-Pacific leaders at G7 summit while confronting stalemate over US debt limit Debt ceiling showdown: Biden and congressional leaders to meet as McCarthy pushes for faster deal Most say pair debt limit increase with deficit cuts, but few following debate closely: AP-NORC poll G7 finance leaders promise support for Ukraine, vow to enforce sanctions against Russia
2023-05-22 05:59
Warner CEO booed at Boston University as supporters of writers' strike picket outside
Warner CEO booed at Boston University as supporters of writers' strike picket outside
Scores of Boston University students turned their backs on the head of one of Hollywood’s biggest studios as he gave the school’s commencement address in a stadium where protesters supporting the Hollywood writers’ strike picketed outside
2023-05-22 05:29
Greek Premier Wins Most Votes But Needs New Ballot to Rule Alone
Greek Premier Wins Most Votes But Needs New Ballot to Rule Alone
Prime Minister Kyriakos Mitsotakis is poised to win the most votes in Greece’s general election on Sunday, but
2023-05-22 04:47
Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9
Goldman Says Treasury Will Drop Under Its Cash Minimum June 8-9
Goldman Sachs Group Inc. economists estimated that the Treasury Department will by June 8 or 9 see its
2023-05-22 04:15
University of Chicago Gets Quantum Tech Funding From IBM, Google
University of Chicago Gets Quantum Tech Funding From IBM, Google
The University of Chicago will partner with International Business Machines Corp. and Alphabet Inc.’s Google in deals totaling
2023-05-22 03:23
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
US debt ceiling: Joe Biden and Kevin McCarthy seek to break impasse
The president flies home from the G7 summit amid hopes of a deal with top Republican Kevin McCarthy.
2023-05-22 02:29
Mexico Raises Alert Level on ‘Popo’ Volcano Near Mexico City
Mexico Raises Alert Level on ‘Popo’ Volcano Near Mexico City
Mexico raised its alert level on the Popocatepetl volcano following increased activity and officials were ordered to make
2023-05-22 01:55
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