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US debt-ceiling: Chinese agency first to downgrade US credit rating, after Fitch warning - Vimarsana News

US debt-ceiling: Chinese agency first to downgrade US credit rating, after Fitch warning

Washington’s debt stand-off, with an ‘intensification of political divisions’, prompts mostly symbolic downgrade by China Chengxin International Credit Rating that reflects mounting Chinese concerns.

Source: scmp.com
CNN The Lead With Jake Tapper June 4, 2024 20:24:00 - Vimarsana News

CNN The Lead With Jake Tapper June 4, 2024 20:24:00

Government's bills. warning signs starting to flash here very clearly for the white house and the congressional negotiators, who we know have been working around the clock to try and reach an agreement, making some progress but still we know that some major sticking points remain. we will see if this lights a fire under them going forward. >> yeah. significant sticking points, as we heard from manu. so, june 5th, a week from monday. as we noted, the treasury initially said as early as june 1. there are some skeptics who question where the treasury department gets these numbers and whether poli...

Yellen Revises Default Date to June 5, Easing Pressure on Debt Ceiling Negotiations - Vimarsana News

Yellen Revises Default Date to June 5, Easing Pressure on Debt Ceiling Negotiations

Treasury Secretary Janet Yellen revised the projected X-date for the budget ceiling to June 5, pushing back the ...

What Happens if US Fails to Lift Debt Limit by June 5? - Vimarsana News

What Happens if US Fails to Lift Debt Limit by June 5?

Treasury Secretary Janet Yellen updates the date for a potential US debt default. Negotiators seek a bipartisan solution as the debt ceiling deadline approaches.

Source: news18.com
BBCNEWS Asia Business Report June 4, 2024 00:31:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:31:00

There is a roughly one in four chance that the us will hit the so—called x—date, when the us government runs out of money to pay its bills without a deal to raise the debt limit. that is according to the banking giantjp morgan chase. and they say the odds are getting worse. that forecast comes after house speaker kevin mccarthy said on wednesday that he thought progress could be made, but warned the two sides remain far apart. republicans are warning that any deal must cut future federal spending in exchange for raising the debt ceiling — a red line for the white house. on wall street, u...