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Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
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US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
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"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
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US Senate Approves Trump's Divisive "One Big Beautiful Bill"
The Republican-led US Senate approved Donald Trump's flagship spending bill Tuesday after a marathon voting session on the deeply unpopular package, set to slash social welfare programs and add an eye-watering $3 trillion to the national debt.
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Explained: The Funding Bill That Attempts To Avert US Government Shutdown
The US Senate on Tuesday introduced a short-term funding bill to avert a partial government shutdown that can result in thousands of federal workers losing jobs.
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Joe Biden Signs Debt Ceiling Bill Into Law, Averting Default
US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world's biggest economy.
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US House Passes Debt Ceiling Deal, Bill Now Moves To Senate
US lawmakers voted to raise the national borrowing limit as a crucial first step to averting a catastrophic default, greenlighting a pact struck between Washington's warring parties after weeks of brinkmanship and fraught backroom deal-making.
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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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Finance Bill Cleared In Lok Sabha With Tax Amendment On Debt Fund Gains
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
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"How Can We Manage": Power Price Hike Pushes Crisis-Hit Sri Lanka On Brink
The latest electricity price rise in crisis-hit Sri Lanka has left stall owner Mohammed Lafeel in a quandary: the 66% increase means he can't afford to pay for electricity but can't manage without it so goes deeper into debt to keep it on.
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El Salvador Approves Bitcoin Bonds Bill, Will Legalise Bitcoin-Backed 'Volcano Bond'
El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...
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Tether Has Cut All Commercial Paper Exposure From Reserves
Tether has completely eliminated commercial paper from its reserves. The largest stablecoin provider announced the milestone today in a blog post saying that it would replace those investments with the US Treasury Bills.
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Punjab Chief Minister Writes To PM, Demands Complete Waiver Of Farmers' Debt
A day after Parliament passed a Bill to repeal the farm laws, Punjab Chief Minister Charanjit Singh Channi on Tuesday wrote to Prime Minister Narendra Modi demanding a complete waiver of the debt of farmers and farm labourers.
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US Congress To Avert Default With Stop-Gap Debt Limit Hike
US lawmakers were set Tuesday to rubber-stamp a short-term bill to lift the nation's borrowing authority, averting the threat of a debt default -- but only for a few weeks.
-
Sudan PM Hopes to Settle $60 Billion Foreign Debt This Year
Prime Minister Abdalla Hamdok hopes Sudan can wipe out its staggering $60 billion foreign debt bill this year by securing relief and deals at an upcoming Paris conference that could bring much-needed investment.
-
Trump Signs Flagship "Big Beautiful Bill" Into Law
U.S. President Donald Trump signed into law a massive package of tax and spending cuts at the White House on Friday, staging an outdoor ceremony on the Fourth of July holiday that took on the air of a Trump political rally.
-
US House Sets Make-Or-Break Final Vote On Trump Tax Bill Soon
US lawmakers teed up a final vote on Donald Trump's marquee tax and spending bill for early Thursday after a bruising day of Republican infighting that threatened to derail the centerpiece of the president's domestic agenda.
-
"Billion People Backing You": Why China Is Supporting Musk Amid Feud With Trump
A few hours after the Senate passed the bill on Wednesday, the hashtag #MuskWantsToBuildAnAmericaParty went viral on Weibo, a Chinese social media platform and has received more than 37 million views.
-
US Senate Approves Trump's Divisive "One Big Beautiful Bill"
The Republican-led US Senate approved Donald Trump's flagship spending bill Tuesday after a marathon voting session on the deeply unpopular package, set to slash social welfare programs and add an eye-watering $3 trillion to the national debt.
-
Explained: The Funding Bill That Attempts To Avert US Government Shutdown
The US Senate on Tuesday introduced a short-term funding bill to avert a partial government shutdown that can result in thousands of federal workers losing jobs.
-
Joe Biden Signs Debt Ceiling Bill Into Law, Averting Default
US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of wrangling, moving to avert a catastrophic, self-induced default in the world's biggest economy.
-
US House Passes Debt Ceiling Deal, Bill Now Moves To Senate
US lawmakers voted to raise the national borrowing limit as a crucial first step to averting a catastrophic default, greenlighting a pact struck between Washington's warring parties after weeks of brinkmanship and fraught backroom deal-making.
-
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.
-
Finance Bill Cleared In Lok Sabha With Tax Amendment On Debt Fund Gains
Lok Sabha today passed the Finance Bill 2023 with 64 official amendments, including the one that seeks withdrawal of long-term tax benefits on certain categories of debt mutual funds and another for setting up the GST Appelate Tribunal.
-
"How Can We Manage": Power Price Hike Pushes Crisis-Hit Sri Lanka On Brink
The latest electricity price rise in crisis-hit Sri Lanka has left stall owner Mohammed Lafeel in a quandary: the 66% increase means he can't afford to pay for electricity but can't manage without it so goes deeper into debt to keep it on.
-
El Salvador Approves Bitcoin Bonds Bill, Will Legalise Bitcoin-Backed 'Volcano Bond'
El Salvador has officially legitamised Bitcoin bonds, in order to raise funds to repay the nation’s debts as well as bring in capital to fuel the construction of Nayib Bukele’s ambitions ‘Bitcoin City’. The domestic securities law, that had been making the rounds in the Salvadoran parliament for a while now, bagged 62 votes from the legisla...
-
Tether Has Cut All Commercial Paper Exposure From Reserves
Tether has completely eliminated commercial paper from its reserves. The largest stablecoin provider announced the milestone today in a blog post saying that it would replace those investments with the US Treasury Bills.
-
Punjab Chief Minister Writes To PM, Demands Complete Waiver Of Farmers' Debt
A day after Parliament passed a Bill to repeal the farm laws, Punjab Chief Minister Charanjit Singh Channi on Tuesday wrote to Prime Minister Narendra Modi demanding a complete waiver of the debt of farmers and farm labourers.
-
US Congress To Avert Default With Stop-Gap Debt Limit Hike
US lawmakers were set Tuesday to rubber-stamp a short-term bill to lift the nation's borrowing authority, averting the threat of a debt default -- but only for a few weeks.
-
Sudan PM Hopes to Settle $60 Billion Foreign Debt This Year
Prime Minister Abdalla Hamdok hopes Sudan can wipe out its staggering $60 billion foreign debt bill this year by securing relief and deals at an upcoming Paris conference that could bring much-needed investment.
