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Tag: debt

A wasted opportunity? Italy’s EU funds bonanza hits the rocks
Business

A wasted opportunity? Italy’s EU funds bonanza hits the rocks

July 12, 2023July 12, 2023

Italy’s hopes of reworking its financial system with billions of euros of European Union pandemic restoration funds are unraveling quick, companies on the bottom say,

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Debt standoff heats up as Biden says no deal solely on GOP terms
Business

Debt standoff heats up as Biden says no deal solely on GOP terms

June 21, 2023June 21, 2023

President Joe Biden on Sunday lashed out at Republicans’ calls for in negotiations to resolve the U.S. debt ceiling standoff as “frankly unacceptable,” however stated

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Biden vows ‘no default’ as lawmakers leave for break without deal
Business

Biden vows ‘no default’ as lawmakers leave for break without deal

June 20, 2023June 20, 2023

The United States will keep away from a disastrous credit score default, President Joe Biden vowed Thursday, at the same time as lawmakers went on

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Biden, McCarthy reach debt ceiling deal, move to Congress for vote
Business

Biden, McCarthy reach debt ceiling deal, move to Congress for vote

June 20, 2023June 20, 2023

President Joe Biden and House Speaker Kevin McCarthy Sunday reached an important settlement on elevating the nation’s debt ceiling simply days earlier than the potential

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Biden calls for support in race against time for US debt ceiling deal
Business

Biden calls for support in race against time for US debt ceiling deal

June 20, 2023June 20, 2023

Having simply days left earlier than the federal government might begin working out of cash, President Joe Biden on Monday expressed confidence within the debt

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Congress OKs debt ceiling deal to avert 1st US default ever
Business

Congress OKs debt ceiling deal to avert 1st US default ever

June 20, 2023June 20, 2023

The U.S. Senate Thursday authorized a bipartisan invoice supported by President Joe Biden, lifting the federal government’s debt ceiling of $31.4 trillion, averting what would

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Argentina faces crunch IMF talks to defuse looming debt bomb
Economy

Argentina faces crunch IMF talks to defuse looming debt bomb

June 19, 2023June 19, 2023

Faced with a $44 billion dilemma, Argentina and the International Monetary Fund (IMF) are set to fulfill for crunch talks to revamp the nation’s large,

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Fear of catastrophic default prompts Biden to cut short Asia tour
Business

Fear of catastrophic default prompts Biden to cut short Asia tour

May 18, 2023May 18, 2023

Joe Biden and opposition Republican leaders Tuesday appeared to inch nearer to a possible settlement to keep away from a disastrous U.S. debt default, as

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11M people in Britain struggle to pay bills, debts: Regulator
Economy

11M people in Britain struggle to pay bills, debts: Regulator

May 18, 2023May 18, 2023

Almost 11 million British adults battle to make ends meet, based on official figures launched Wednesday. According to the Financial Conduct Authority (FCA), a notable

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US debt default would have ‘very serious repercussions’: IMF
Business

US debt default would have ‘very serious repercussions’: IMF

May 11, 2023May 11, 2023

A possible debt default prompted by failure to boost the U.S.’ debt ceiling would have “very serious repercussions” for the nation’s economic system in addition

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