Debt-Ceiling Deadline: Hard or Soft?
WASHINGTON, June 11 (Xinhua) -- The Trump administration hasn't publicly said when the federal government would run out of cash, which could complicate the administration's efforts to convince U.S. Congress to raise the debt limit sooner rather than later, according to the Wall Street Journal...
As debt ceiling deadline looms, default or compromise?doi:10.1007/978-94-009-9761-5_37The transition occurring in present-day physics from the idea of a strict and regular connection between individual events to the statistical lawfulness of mass phenomena is regarded by many as a violation of...
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Finally, for those willing to bet that Congress will manage to raise the debt ceiling in time, some investors may look to arbitrage the yield gap between T-Bills maturing before and after early June. Key to this will be timing, with the opportune moment being when concerns over the debt ...
the EU's Stability and Growth Pact by running deficits at or above the mandatory ceiling of 3 per cent of the GDP. Greece and Finland were also found to run deficits in violation of the Pact ceiling. The Commission produced a similar outline for Sweden, which has yet to join the ...
At LME week, major discussions have focussed around the LME's upcoming warehouse proposal and its impact on premiums and prices over the coming year, while producer supply discipline has also been a major talking point with CRU. The impending debt ceiling deadline on 17th October is also concer...
Fitch places U.S. AAA rating on "negative watch" as debt ceiling deadline nears Photo taken on Aug. 16, 2022 shows the White House in Washington, D.C., the United States. (Xinhua/Liu Jie)The brinkmanship over the debt ceiling,failure of the U.S.authorities to meaningfully tackle medium...
The federal government reached its statutory debt limit of $31.4 trillion on Jan. 19, which prompted the Treasury Department to begin using accounting tools known as "extraordinary measures" to pay the bills with cash on hand for a variable but limited time. The BPC projects that th...
An upbeat President Joe Biden says a deal to resolve the government’s debt ceiling crisis seems “very close." He spoke late Friday, shortly after Treasury Secretary Janet Yellen pushed the deadline for a potentially catastrophic default back to June 5.