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BBCNEWS BBC July 6, 2024 - Vimarsana News

BBCNEWS BBC July 6, 2024

we start tonight in washington, where talks to avoid a us debt default have been described as productive, but there's still no deal. presidentjoe biden and speaker of the house kevin mccarthy led negotiations on raising the debt ceiling to ensure the us can continue to pay its bills. biden and republican congressional leaders now have just ten days to avoid a default. president biden said: kevin mccarthy spoke outside the white house, and the bbc�*s nomia iqbal was watching. he said the meeting was productive. he said the tone was good. he appeared in an upbeat mood and he said the...

Fitch cuts US credit rating to AA+ - Business & Finance - Vimarsana News

Fitch cuts US credit rating to AA+ - Business & Finance

WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an...

America's Credit Rating Takes a Hit as Fitch Downgrades US from AAA to AA+ - Vimarsana News

America's Credit Rating Takes a Hit as Fitch Downgrades US from AAA to AA+

Credit rating agency Fitch downgraded US’ rating due to an "erosion of governance". White House and Treasury Secy left unimpressed.

Source: news18.com
Mike Quigley: The debt ceiling deal was not perfect, but it was far better than a default - Vimarsana News

Mike Quigley: The debt ceiling deal was not perfect, but it was far better than a default

From the commentary: America is the only country that continually votes to raise its debt ceiling. This exercise is unnecessary at best and, as we just experienced, dangerous at worst. As we look forward, there is clear agreement across the ideological spectrum: Congress must vote to do away with our nation’s debt limit.

Source: wctrib.com
Fed's reverse repos fall below $2 trillion for first time since June 2022 - Vimarsana News

Fed's reverse repos fall below $2 trillion for first time since June 2022

US News: NEW YORK: Demand for the Federal Reserve's reverse repurchase (RRP) facility slowed on Thursday, falling below $2 trillion for the first time since ea.