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Added on the 07/12/2020 20:05:47 - Copyright : Wochit
US senators vote to suspend the federal debt limit, capping weeks of fraught negotiations to eliminate the threat of a disastrous credit default just four days ahead of the deadline set by the Treasury. IMAGES
Images distribured by South Korea's Defence Ministry show US B-1B long-range heavy bombers and F-35 jets taking part in joint air drills with South Korea called "Vigilant Storm". The ramped-up show of force comes after a blitz of missile launches by North Korea earlier this week. IMAGES
The IMF hopes to make "more progress" in talks on a new financial aid program for Argentina shortly, IMF First Deputy Managing Director Gita Gopinath says. SOUNDBITE
The US Senate votes to stave off a credit default that would have sparked a recession and roiled world markets as Democrats and Republicans agreed to a stop-gap fix to raise the nation's debt limit. SOUNDBITE