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BBCNEWS Asia Business Report June 4, 2024 00:34:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:34:00

To the banking sector. it's playing out in congress as well with the two sides of the aisle once again involved in a bitterfight over the debt limit. the us treasury secretary janet yellen said in a letter to congress that the agency will be unlikely to meet all us government payment obligations "by earlyjune, and potentially as early asjune one" without action by congress. in 2011, a similar debt ceiling fight took the country to the brink of default and prompted a downgrade of its top—notch credit rating. to australia now, where the country's central bank is due to make its monetary policy...

BBCNEWS Asia Business Report June 4, 2024 01:34:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:34:00

It's playing out in congress as well with the two sides of the aisle once again involved in a bitterfight over the debt limit. the us treasury secretary janet yellen said in a letter to congress that the agency will be unlikely to meet all us government payment obligations "by earlyjune, and potentially as early asjune one" without action by congress. in 2011, a similar debt ceiling fight took the country to the brink of default and prompted a downgrade of its top—notch credit rating. a statement from the airline described her handling of the company's finances during the covid crisis as out...

BBCNEWS Asia Business Report June 4, 2024 23:34:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:34:00

The us treasury secretary janet yellen said in a letter to congress that the agency will be unlikely to meet all us government payment obligations "by earlyjune, and potentially as early asjune one" without action by congress. to australia now, where the country's central bank is due to make its monetary policy decision in the next few hours. the meeting comes ahead of the much anticipated us federal reserve own monetary policy decision later this week. in the last few months, some asia—pacific central banks have started to hit the pause button on rate hikes , australia included... but the u...