Avoid Catastrophic Default
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Race Against Time For US Debt Crisis Bill In Congress
Republican and Democratic leaders scrambled Monday to secure congressional support for a bill aimed at avoiding a catastrophic US debt default -- with just one week left before the government starts running out of money.
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Australia Cancels Quad Summit After Biden Calls Off Trip Amid Debt Crisis
Joe Biden and opposition Republican leaders on Tuesday offered hope of a deal that could avoid a catastrophic US debt default, although the president was forced to shorten an upcoming Asia-Pacific tour for further crisis talks.
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Argentina's Debt Fight: What it is, Why it Matters
Time to resolve Argentina's long battle with creditors is running out. Argentina owes an interest payment to the majority of its creditors on Monday, though the government has a 30-day grace period after that to avoid going into another catastrophic default.
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At United Nations, Argentina Remains Defiant on $1.5 Billion Bad Debts
Argentina is willing to negotiate to avoid a catastrophic default but is waiting for a U.S. judge to approve the country's request for more time to pay $1.5 billion in bad debts, Argentina's economy minister said Wednesday.
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Race Against Time For US Debt Crisis Bill In Congress
Republican and Democratic leaders scrambled Monday to secure congressional support for a bill aimed at avoiding a catastrophic US debt default -- with just one week left before the government starts running out of money.
-
Australia Cancels Quad Summit After Biden Calls Off Trip Amid Debt Crisis
Joe Biden and opposition Republican leaders on Tuesday offered hope of a deal that could avoid a catastrophic US debt default, although the president was forced to shorten an upcoming Asia-Pacific tour for further crisis talks.
-
Argentina's Debt Fight: What it is, Why it Matters
Time to resolve Argentina's long battle with creditors is running out. Argentina owes an interest payment to the majority of its creditors on Monday, though the government has a 30-day grace period after that to avoid going into another catastrophic default.
-
At United Nations, Argentina Remains Defiant on $1.5 Billion Bad Debts
Argentina is willing to negotiate to avoid a catastrophic default but is waiting for a U.S. judge to approve the country's request for more time to pay $1.5 billion in bad debts, Argentina's economy minister said Wednesday.
