Moldova, Europe’s Poorest Nation, Facing Gas Crisis
Europe’s poorest nation is immersed in a natural gas crisis. Moldova’s government says Russia threatens to take off natural gas supplies if it does not pay hundreds of millions of dollars ahead of winter.
House passes short-term debt limit increase, setting up new December showdown
The House voted Tuesday to extend the nation’s borrowing limit until early December, clearing the measure for President Joe Biden’s signature and averting a default that Treasury Secretary Janet Yellen warned could happen as soon as Oct. 18.
Controversial Czech Prime Minister Loses Elections
In a significant political setback, Czech Prime Minister Andrej Babis’ ANO party lost the elections after revelations that he had hidden millions in taxable assets.
Senate reaches deal to raise debt-ceiling until December
Senate Majority Leader Chuck Schumer said Thursday that he and others on his Democrat leadership team have reached an agreement with Senate Republicans to extend the federal debt ceiling through early December.
McConnell offers support for short-term extension of debt ceiling, compromise with Senate Democrats
Senate Minority Leader Mitch McConnell on Wednesday offered a short-term suspension of the U.S. debt ceiling to avoid the U.S. defaulting on its debt in the coming day, resulting in a potential economic crisis.
House Democrats narrowly pass legislation to suspend debt ceiling
House Democrats on Wednesday narrowly passed a stand-alone bill to suspend the debt ceiling, likely averting a government shutdown Thursday but leaving open the possibility that the U.S. could default on its debts next month.
Featured
