France avoids credit downgrade despite concerns over national debt
France managed to avoid a fresh credit downgrade from a leading rating agency on Friday, despite mounting concern over the country's surging national debt.
Source: france24.com
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US Senate passes bipartisan debt deal avoiding potential first-ever default
The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have been a historic, first-ever default.
Source: france24.com
US House passes bipartisan bill to raise debt ceiling, avoid default
Lawmakers agreed on a bill that looks to avoid a catastrophic default of the United States. The text will now go to the Senate for approval.
Source: france24.com
Bill that suspends debt ceiling passes through House of Representatives
The compromise bill, supported by both Republicans and Democrats, was passed in the US House of Representatives on Wednesday and is now slated for a vote in the Senate ahead of the June 5th deadline.…
Source: france24.com
Tesla CEO Elon Musk visits China amid increased tensions with US
Elon Musk, Chief Executive of Tesla, is making a visit to China this week. As the electric vehicle company's second-largest market and a crucial player in its supply chain, the country holds significant…
Source: france24.com