Biden says Republican debt ceiling demands ‘unacceptable’ WASHINGTON: President Joe Biden on Sunday slammed Republican demands in negotiations to resolve the US debt ceiling... Published 22 May, 2023 06:23am
World Biden, House Republicans seek debt-ceiling deal as US default looms WASHINGTON: President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy entered a critical... Published 15 May, 2023 08:33pm
World Recession, millions of jobs lost if US defaults: Treasury WASHINGTON: President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US... Published 14 May, 2023 09:50pm
Pakistan IMF remains engaged with Pakistan on bailout programme: report Pakistan authorities have committed not to introduce fuel cross-subsidy scheme in F23 and beyond, says IMF spokesperson Updated 11 May, 2023 06:28pm
Business & Finance US govt credit default swaps hit all time high on debt ceiling impasse NEW YORK: The cost of insuring exposure to US government debt rose to fresh highs on Wednesday, as President Joe... Published 11 May, 2023 05:54am
World White House says ‘will not negotiate’ on debt ceiling extension WASHINGTON: President Joe Biden will not negotiate with Republicans on their push to make spending cuts a... Published 05 May, 2023 06:44am
World US risks debt default as soon as July: budget office WASHINGTON: The United States risks defaulting on payment obligations as soon as July, if lawmakers fail to resolve ... Published 16 Feb, 2023 12:55am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points