The US debt crisis is far more serious. But for us who live in Israel, our borrow-spend-borrow habit spells big trouble.
Bipartisan concessions from Joe Biden and Kevin McCarthy averted the debt ceiling crisis, sparking anger from the extremes of both parties. Could this be a precedent?
Biden and McCarthy held a 90-minute phone call earlier on Saturday evening to discuss the deal.
The White House is considering scaling back its plan to boost funding at the Internal Revenue Service to hire more auditors and target wealthy Americans, the official said.
"The greatest near-term danger to the dollar's position stems from the risk of confidence-sapping policy mistakes by the US authorities themselves," Moody analysts wrote.
Iran's increased isolation only contributes to the nation's economic downfall.
Two opposing sides of the US government appear to have different ideas of how debt ceiling conversations are going.
WeWork struck deals to cut debt by about $1.5 billion and extend the date of some maturities in a bid to preserve cash.
David Bitan: “We have a very deep appreciation for the contribution of the lone soldiers to our country and we certainly will not leave them to face the debts and the banking system alone.”
The Abraham Accords have created new opportunities for future cooperation with Israel in sectors that are strategic for Bangladesh, such as Agritech, food safety, climatech and cyber defense.
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