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Added on the 01/06/2023 07:46:24 - Copyright : Euronews EN
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
The US House of Representatives votes to raise the federal debt limit, moving the country a step closer to eliminating the threat of a calamitous credit default -- just five days ahead of the deadline set by the Treasury. The deeply divided lower chamber of Congress voted 314 to 117 to suspend the borrowing cap through 2024, and the Senate is expected to follow suit before the end of the week. IMAGES
President Joe Biden will still leave Wednesday for the G7 summit in Japan but is reevaluating the rest of his planned tour of Asia, spokesperson for the White House National Security Council John Kirby tells reporters, as the White House negotiates with Republican leaders to avoid a US debt default. Until now the president had planned to also visit Papua New Guinea and Australia after the G7 meeting in Hiroshima. 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
WikiLeaks founder Julian Assange arrives at a courthouse on US soil in Saipan in the Northern Mariana Islands to face a final court hearing under a plea deal expected to end years of legal drama and allow him to return to his native Australia. IMAGES
Demonstrators gather at Columbia University, before the deadline passes for the pro-Palestinian encampment to leave campus, with students facing the ultimatum to disperse or be suspended. IMAGES
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