US lawmakers split despite October 17th debt deadline

Monday, 14 October 2013 - 12:25

US+lawmakers+split+despite+October+17th+debt+deadline

The United States is still facing a potentially devastating sovereign debt default, after senators failed to agree on terms to reopen the federal government and raise the countrys borrowing limit.

Republicans and Democrats -- at war over the countrys finances and ideological direction for more than two weeks -- tried to shed a positive light on a weekend of talks that despite the threat of global economic censure did not produce a solution.

 

The Senate convened a rare session to try and break the budgetary impasse that prompted the government to shut down on October 1st.



Sri Lanka Rupee continues to appreciate
Tuesday, 07 July 2020 - 8:56

The Sri Lankan Rupee again appreciated against the US Dollar yesterday (06).According to the Central Bank issued exchange rates, the USD stood at Rs. 188.18.So... Read More

Teenage couple jumps into Polgolla Reservoir
Tuesday, 07 July 2020 - 8:38

A 17-year-old boy and a girl, aged 16 years, have committed suicide by jumping into the Polgollla Reservoir, the Hiru News correspondent reports. Read More

PHIs await release of health guidelines gazette
Tuesday, 07 July 2020 - 8:44

Public health inspectors say a situation does not exist yet to enforce the law against violators of social distancing and other health guidelines relating... Read More