Sunday October 25, 2020

US government on the brink

Unless a deal is done soon, a US default could have massive implications.

5th October, 2013

There are, at last, glimmers of hope of a deal between US president Barack Obama and his Republican opponents beginning to emerge this weekend, with the US government shutdown set to enter its second week.

One possibility is a relatively small deal that might reopen closed government departments while kicking other issues down the road. The other potential accord would, perhaps, offer a solution to the much graver crisis of a possible breach of the...

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