New York, | 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 after it was introduced to Congress late Sunday. Entitled The Fiscal Responsibility Act of 2023, the …
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Washington, US | XINHUA | The debate over the debt ceiling in the United States is creating rampant uncertainty and risks an immediate economic recession, financial crisis, and hardships for American families and businesses, according to U.S. experts. Despite reaching the 31.4 trillion U.S. dollar debt limit in January, discussions …
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New York, US | Xinhua | The U.S. dollar firmed up in late trading on Wednesday as U.S. leaders expressed optimism over debt limit negotiations. The dollar index, which measures the greenback against six major peers, increased 0.31 percent at 102.8819 in late trading. In late New York trading, the …
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