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Added on the 29/09/2021 14:00:00 - Copyright : EFE Inglés
Beijing, Sep 16 (EFE/EPA).- Chinese property developer Evergrande continued in major financial crisis Thursday after the company said Tuesday that its property sales would likely continue to drop significantly in September, resulting in a further deterioration of its cash situation, according to media reports. (Camera: WU HONG).B-ROLL OF THE EVERGRANDE NEW HOUSING DEVELOPMENT PROJECT IN BEIJING, CHINA.
Wagner's aborted mutiny shows that Moscow's war in Ukraine is splintering Russian power, and instability in the nuclear-armed power is "not a good thing", the EU's top diplomat says. SOUNDBITE
President Biden is not currently planning to invoke the 14th Amendment to prevent a US debt default, the White House says, ruling out a constitutional solution to the current debt impasse. Invoking the 14th Amendment to the constitution, which some legal scholars argue would let the US Treasury ignore the debt limit, "is not going to fix the current problem we have right now," White House Press Secretary Karine Jean-Pierre told reporters. SOUNDBITE
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
Republicans in the US House of Representatives pass a bill that will raise the national borrowing limit, but only in conjunction with drastic spending cuts, as they seek to avert a potentially ruinous looming credit default. IMAGES
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