Thai court to decide case seeking PM-hopeful Pita's disqualification
By Panarat Thepgumpanat BANGKOK Thailand's poll body will refer to the Constitutional Court a case over whether prime
2023-07-12 13:00
Why did Logan Paul fire George Janko from 'Impaulsive'? 'It kind of sucks'
Everyone seemed to think that George Janko's departure from 'Impaulsive' is permanent
2023-06-05 14:50
Verstappen takes pole for Monaco Grand Prix ahead of Alonso as Perez crashes
Defending Formula One champion Max Verstappen produced a superb final lap to take pole position at the Monaco Grand Prix and deny Aston Martin veteran Fernando Alonso his first pole in 11 years
2023-05-28 00:25
Biden and McCarthy to resume talks Monday as debt ceiling deadline looms
President Joe Biden spoke with House Speaker Kevin McCarthy on Sunday and agreed they would meet on Monday afternoon to try to break the stalemate over legislation to raise the national debt limit. A call took place, according to a White House readout, which gave no indication to the tone of the discussion. Mr McCarthy characterised the call as “productive” in a comment to reporters. A day earlier, the Speaker said negotiations had taken a step backward following Mr Biden’s remarks that he believed the 14th Amendment could be used to circumvent Congress on the issue. “I don’t think we’re going to be able to move forward until the president can get back into the country,” Mr McCarthy said on Saturday. “Just from the last day to today they’ve moved backwards. They actually want to spend more money than we spend this year.” Mr Biden’s call with Mr McCarthy took place while the president was on Air Force One bound for the US on Sunday. He had cut short his attendance at the G7 summit in Japan in order to lead negotiations with Republicans on the issue. During an appearance on Sunday show, Meet the Press, Treasury Secretary Janet Yellen once again warned that the federal government is projected to run out of money on or about 1 June. Should the US be unable to pay its outstanding obligations to debt holders, or even raise questions about its ability to do so, it risks a downgrade of the US’s credit rating which would affect interest rates on future loans. The last official downgrading of the United States’s credit rating occurred in 2011, when Standard and Poor’s dropped the US’s rating from “AAA” to “AA+”. “I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1. And I will continue to update Congress, but I certainly haven’t changed my assessment. So I think that that’s a hard deadline,” Sec. Yellen said. She added that the possibilty was “quite low” that the US could extend its ability to pay its obligations through 15 June - referencing remarks made by Republicans who suggested Treasury could maneuver past a 1 June deadline without hitting a default. ”[I]t’s hard to be absolutely certain about this, but my assessment is that the odds of reaching June 15th, while being able to pay all of our bills, is quite low,” said Ms Yellen. “[M]y assumption is that if the debt ceiling isn’t raised, there will be hard choices to make about what bills go unpaid.” Mr Biden has been roundly accused by conservatives of refusing to negotiate cuts to federal spending ahead of the debt ceiling deadline. The White House, meanwhile, has blamed Republicans for putting the country’s credit rating at risk. Earlier on Sunday, the president spoke at a press conference and did not indicate that he was completely opposed to reaching a compromise with Republicans on spending levels, though he warned that the GOP must be willing to move in his direction as well. “It’s time for Republicans to accept that there’s no bipartisan deal to be made solely — solely — on their partisan terms,” said Mr Biden. “They have to move as well.” Read More ‘Putin will not break our resolve,’ Joe Biden tells G7 Top House negotiator on debt limit says it's time to 'press pause' as talks come to standstill Biden meeting with Indo-Pacific leaders at G7 summit while confronting stalemate over US debt limit Debt ceiling showdown: Biden and congressional leaders to meet as McCarthy pushes for faster deal Most say pair debt limit increase with deficit cuts, but few following debate closely: AP-NORC poll G7 finance leaders promise support for Ukraine, vow to enforce sanctions against Russia
2023-05-22 05:45
Grand jury votes to indict Marine who held homeless man in fatal chokehold on NYC subway
A Manhattan grand jury has voted to indict Daniel Penny, the retired US Marine who held Jordan Neely in a fatal chokehold on the New York City subway, according to a source with knowledge of the case.
2023-06-15 05:22
Governor says California's budget deficit has grown to nearly $32 billion
California's budget deficit is now nearly $32 billion
2023-05-13 08:59
No. 2 Michigan escapes with 31-24 win over Maryland for 1,000th victory in program history
Blake Corum scored twice in the first half, Mike Sainristil intercepted two passes, and No. 2 Michigan became the first college football program to win 1,000 games, beating Maryland 31-24
2023-11-19 06:56
A rebounding Pope Francis adds an overnight visit to France to his busy travel schedule
The Vatican says Pope Francis will make a two-day trip to Marseille, France, in late September
2023-07-29 19:57
Racism routine in police force that killed George Floyd: US probe
Police in the city where patrol officers murdered African American George Floyd routinely resort to violent and racist practices, the US Justice Department said Friday in findings of a...
2023-06-17 05:26
Who is Leslie Gehmert? Repeat DUI offender kills father Shane Lloyd and son Jakob Lloyd heading to college orientation
Leslie Gehmert, who is originally from New Rochelle, New York, was sued for causing 'permanent injury' in an eerily similar accident in July 2022
2023-07-12 19:48
The tragic deaths of Daniela and Sofia Mendoza: School pays tribute to young sisters killed in Allen mall shooting
Investigators are delving into the possibility of the assailant's affiliation with neo-Nazi entities and ideologies
2023-05-09 12:57
Alaska's slow start to wildfire season a relief after Connecticut-sized area burned last year
Alaska is off to the slowest start of a wildfire season in three decades -- an immense relief one year after fires scorched an area roughly equivalent to the state of Connecticut
2023-07-01 03:26
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