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Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
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Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
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US Lawmakers Join Trump-Musk Government Shakeup
Republicans vowed Wednesday to tackle the "stunning" US national debt, as lawmakers began work on President Donald Trump's plan for the most radical downsizing of the federal government in decades.
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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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Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
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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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US Debt Ceiling Deal: Key Takeaways
President Joe Biden and House Republicans have reached a deal to raise the government's debt ceiling and avert a devastating default.
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Blockchain.com CEO Says US Debt Default Would Hit Cryptocurrencies Initially
A US government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain.com said on Thursday.
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Debt Ceiling: Will The US Default On June 1? What Will Happen If It Does? An Explainer
If US defaults, the federal government won't be able to pay salaries of federal employees, the military, social security and medicare. It will also shock global markets.
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US Billionaire George Soros Warns Against Investing In China. Here's Why
Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies design
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Philippine Lawmaker Proposes Strategic Bitcoin Reserve to Tackle National Debt
The Philippines is thinking about setting up a Strategic Bitcoin Reserve to help with its rising debt. Congressman Miguel Luis Villafuerte came up with the idea for the bill, which says that the government must buy 10,000 BTC over five years and hold it for 20 years, only using it to pay off debt. It comes after the US launched its reserves, while ...
-
Bad News For Trump, US Loses Last AAA Rating, Moody's Flags Rising Debt
The United States lost its last triple-A credit rating from a major agency as Moody's announced a downgrade, citing rising levels of government debt and dealing a blow to Donald Trump's narrative of economic strength and prosperity.
-
US Lawmakers Join Trump-Musk Government Shakeup
Republicans vowed Wednesday to tackle the "stunning" US national debt, as lawmakers began work on President Donald Trump's plan for the most radical downsizing of the federal government in decades.
-
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.
-
Fitch Downgrades US Credit Rating, White House Says "Defies Reality"
Fitch downgraded the United States' top-notch credit rating by a step on Tuesday, citing a growing federal debt burden and an "erosion of governance" that has manifested in debt limit standoffs.
-
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.
-
US Debt Ceiling Deal: Key Takeaways
President Joe Biden and House Republicans have reached a deal to raise the government's debt ceiling and avert a devastating default.
-
Blockchain.com CEO Says US Debt Default Would Hit Cryptocurrencies Initially
A US government default would trigger an initial pull-back from crypto currencies followed by a "push upward" the CEO of London-based crypto firm Blockchain.com said on Thursday.
-
Debt Ceiling: Will The US Default On June 1? What Will Happen If It Does? An Explainer
If US defaults, the federal government won't be able to pay salaries of federal employees, the military, social security and medicare. It will also shock global markets.
-
US Billionaire George Soros Warns Against Investing In China. Here's Why
Hedge-fund billionaire George Soros has warned against investing in China which is witnessing a decline in the real estate boom, citing the example of Evergrande which is finding it difficult to pay its debts in the face of government policies design
