Items Tagged with 'shutdown'

ARTICLES

Senate approves budget

Plan now moves to the president's desk
Now, the budget is moving on to the presidential office where President Obama is expected to sign it, based on prior indications of support. The signature of the president will ensure another government shutdown is averted.
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Central banks brace for U.S. default

Financial firms create contingency plans
With the first major debt ceiling deadline right around the corner, central banks are testing their contingency plans to ensure they can keep the financial markets working if lawmakers fail to come to an agreement.
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US shutdown could spill over to Europe

Japanese investors already selling record amounts of American paper
A prolonged economic slowdown in the U.S. would endanger the eurozone recovery — growth is already expected to be below 1%. But there are some bright spots. There is a feeling that a resolution to the shutdown is progressing.
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