Washington, US | Xinhua | After months of partisan arm-wrestling, the U.S. Congress approved the bill to raise America’s debt ceiling after the Senate’s passage late Thursday, the 103rd time since 1945, allowing the government to avert a debt default by borrowing more. The Senate approved the bill by a …
Read More »Democrats submit resolution to expel Republican lawmaker George Santos from U.S. Congress
Washington, U.S. | Xinhua | A group of House Democrats filed a resolution on Thursday, seeking to expel Republican lawmaker George Santos from the U.S. Congress. “We gave him plenty of time to resign, and he has chosen not to do so,” U.S. Congressman Robert Garcia, a California Democrat, told reporters. …
Read More »Biden’s massive relief package poses risks to emerging markets amid rising U.S. bond yields
Biden’s massive stimulus could set off inflationary pressures of a kind not seen in a generation Washington, U.S. | Xinhua | Emerging markets could become a casualty of the 1.9-trillion-U.S.-dollar COVID-19 relief bill passed by U.S. Congress on Wednesday, as rising U.S. bond yields are likely to trigger a reversal of …
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