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Former British PM Johnson stands down as MP

London, UK | Xinhua | Former British Prime Minister Boris Johnson announced on Friday he is stepping down as a Member of Parliament (MP) with immediate effect. Johnson has been under investigation by the cross-party Committee of Privileges in the House of Commons, the lower house of the British Parliament, over …

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OPEC+ adjusts output targets for 2024

Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Sunday agreed to adjust their overall production level to 40.46 million barrels per day (bpd) next year. The oil-producer alliance announced the decision in a statement released after …

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U.S. House passes bipartisan debt ceiling bill

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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